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1572 HANAUER ST, Memphis, TN 38109

HANAUER · Shelby County

Key Facts

12Beds
5,664Sq Ft
1952Year Built
1Stories

Description

Great opportunity for a new or seasoned investor looking to get into multi-family investing. 8-One BR/1BA & 2-Two BR/1 BA units for a total of 10. Most units have been renovated, 4 from the studs up with mechanical, electric and plumbing. All roofs less than 4 years old. Tenants pay for all utilities, owner pays for water & outside house lights. Great location, 10 minutes to Memphis Airport & FedEx World Hub, 7 Minutes to Downtown Memphis. Showings with accepted PSA

Property Information

Property Type

Residential Income

Sub-Type

Multi Family

Year Built

1952

Stories

1

Living Area

5,664 sq ft

Lot Size

28,401 sq ft

Zoning

RU-3

Days on Market

371

MLS® Listing#

10196313

Property Features

Appliances

Gas Water Heater

Flooring

TileVinyl

Parking

Gravel

Construction

Brick

Foundation

Slab

Roof

Shingle

Security

Smoke Detector(s)

Financial Details

Annual Taxes

$1,733

Parcel Number

035067 00016

Directions

South Parkway West from Downtown Memphis to Left on Hanauer

Affordability Calculator

$104,000

Estimated monthly payment

$2,768/mo

Principal $416,000 · Est. interest $580,357 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Memphis, TN

74
Median Days on Market
1,432
Median Sq Ft
$124
Median Price / Sq Ft
2,906
Active Listings
  • Its price per sq ft is 26% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Memphis, TN.

Location

Map showing the location of 1572 HANAUER ST, Memphis, TN 38109

Points of Interest in Memphis, TN

Showing the Memphis area map.

Nearby Schools

  • G. W. Carver College & Career Academy

    Secondary School · 0.1 mi away

  • Florida Kansas Elementary School

    Elementary · 0.4 mi away

  • Riverview K-8 School

    Elementary · 0.5 mi away

  • Vision Preparatory Charter School

    Elementary · 0.7 mi away

  • Riverview Elementary School

    Elementary · 0.7 mi away

  • A. B. Hill Elementary

    Elementary · 1.1 mi away

  • Aihc School of Biblical Studies

    School · 1.4 mi away

  • Lincoln Elementary School

    Elementary · 1.7 mi away

  • Alton Elementary

    Elementary · 1.7 mi away

  • Ida B Wells Academy

    School · 1.8 mi away

  • Larose Elementary School

    Elementary · 1.8 mi away

  • South Side Middle

    School · 1.9 mi away

  • Freedom Prep

    School · 1.9 mi away

  • Circles of Success Learning Academy

    School · 2.1 mi away

  • Booker T. Washington High School - Memphis

    Secondary · 2.1 mi away

  • Hollis F. Price Middle College

    Secondary School · 2.2 mi away

  • Georgia Ave Elementary School

    Elementary · 2.2 mi away

  • Soulsville Charter School

    Secondary · 2.3 mi away

  • Memphis Delta Preparatory

    Elementary · 2.3 mi away

  • Southwest Success Academy

    School · 2.3 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
487 WILLIAMS AVE, Memphis, TN$369,000124,200
661 ST PAUL AVE, Memphis, TN$529,000145,400
957 WELLINGTON AVE, Memphis, TN$589,000124,212
4390 KAMALI CT, Memphis, TN$650,0004220,956

Moving Cost Estimate

EXIT Agents in Memphis

Listing Courtesy: Braden, Braden & Braden LLC - 9018812070

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Memphis Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Memphis Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MemphisTN. MLS® Listing#10196313. © 2026EXIT Realty®. All rights reserved.