#10190953, Listing office: eXp Realty, LLC
Property details
About 1572 Hanauer St
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
Highlights
Home typeMulti Family
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s), Other
BasementYes
Year built1952
ParkingGravel
MLS #10196313
Summary
- Basement: Yes
- Flooring Type: Tile, Vinyl Floor
- Parking: Gravel
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s), Other
- List Price: $700,000
- Annual Tax Amount: $1,603
- Tax Year: 2024
- Directions: South Parkway West from Downtown Memphis to Left on Hanauer
- Year Built: 1952
- Stories: 1
- MLS Number: 10196313
- Office Name: Braden, Braden & Braden LLC
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/5/2025, 1:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 10, 2022 | Home Sold | $650,000 |
| Oct 15, 2021 | Home Sold | $225,000 |
| Jul 28, 2003 | Home Sold | $40,000 |
| Nov 30, 1999 | Home Sold | $39,189 |
| Oct 29, 1999 | Home Sold | $43,249 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $26,320 | $1,603 |
| 2023 | $26,320 | $1,603 |
| 2022 | $26,320 | $714 |
| 2021 | $26,320 | $714 |
| 2020 | $24,720 | $1,791 |
| 2019 | $24,720 | $1,791 |
| 2018 | $24,720 | $1,015 |
| 2017 | $24,720 | $1,054 |
History based on county public records data.
Nearby schools
3
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
0.4 mi
•90 W Olive Ave
2
Vision Preparatory Charter School
Public Charter KG-5
0.7 mi
•260 Joubert Ave
3
A. B. Hill Elementary School
Public District PK-5
1.1 mi
•345 E Olive Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,264. Residents of Memphis, TN typically earn less than $<35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
70%
<35k
28%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
25%
Single, with Kids
8%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Figure Skating
Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Church's Chicken
White Castle
What do the neighbors drive?
Kia
Cadillac
Chevrolet
What do the neighbors listen to?
Adult Standards
Jazz
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Memphis, TN
Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.
The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.
Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.
Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.
About 1572 Hanauer St
The listing price of 1572 Hanauer St property is $700,000.
The property 1572 Hanauer St is a multi located in Memphis, Tennessee, 38109.
Active Listing: 1572 Hanauer St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1572 Hanauer St are: Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), Vision Preparatory Charter School (GreatSchools Rating 2/10), A. B. Hill Elementary School (GreatSchools Rating 3/10), Riverview School (GreatSchools Rating 3/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Cummings School (GreatSchools Rating 4/10), Carver College and Career Academy (GreatSchools Rating 1/10), Booker T. Washington High School (GreatSchools Rating 3/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,603 (source: MLS/based on county public records data).
The last sale was on October 10, 2022 for $650,000 (source: MLS/tax record).
The year of construction for 1572 Hanauer St is 1952.
This home is located at 1572 Hanauer St in Memphis, TN and zip code 38109. Features: 0 bathroom. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $700,000.
While more than 73 listings in Memphis, TN in June 2025 were sold above asking price, there were more than 107 listings sold at asking price, and more than 219 were sold below. In June 2025 in Memphis, TN there were 11.9% more homes for sale than in May. Listings spent 35 days on the market in June 2025, and had a median list price of $224,900 during the same period.
From Rocket Homes Real Estate and based on county public records data.