1572 Hanauer St, Memphis, TN, 38109
About This Home
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
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Slab
- Roof: Shingle/Shake
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
- Laundry features: Connections
Features
- Flooring: Tile,Vinyl
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: 1 Window Unit per Unit,Individual Cooling
Interior Area
- Total structure area: 5,664
- Total interior livable area: 5,664 sqft
Property
Details
- Parcel number: 035067 00016
- Zoning: RU-3
Features
- Stories: 1
Lot
- Lot size: 0.65 Acres
- Lot size dimensions: 150 x 189.5
Parking
- Parking features: Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,629 | $31,548 |
| Home Insurance | $1,026 | $12,312 |
| Property Taxes | $420 | $5,040 |
| Electricity | $460 | $5,522 |
| Total | $4,535 | $54,420 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-12 | Price change | $580,000 |
| 2025-12-22 | Listed for sale | $605,000 |
| 2025-10-27 | Pending sale | $605,000 |
| 2025-09-11 | Price change | $605,000 |
| 2025-07-21 | Price change | $635,000 |
| 2025-05-09 | Listed for sale | $700,000 |
| 2022-09-29 | Sold | $650,000 |
| 2022-09-22 | Pending sale | $650,000 |
| 2022-07-29 | Contingent | $650,000 |
| 2022-07-13 | Listed for sale | $650,000 |
| 2022-06-29 | Contingent | $650,000 |
| 2022-04-29 | Listed for sale | $650,000 |
| 2022-04-22 | Contingent | $650,000 |
| 2022-04-18 | Listed for sale | $650,000 |
| 2021-10-13 | Sold | $225,000 |
| 2021-10-04 | Pending sale | $329,000 |
| 2021-09-29 | Listed for sale | $329,000 |
| 2011-03-03 | Listing removed | $109,900 |
| 2011-01-27 | Listed for sale | $109,900 |
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