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Financial
Distress signals
Property profile

1572 Hanauer St Memphis, TN 38109

OFF-MARKET
Garden apartment buildings
Property ID
US80-3499237
4,224 SF 0.65 ac lot Built 1952
Last sale Oct 2022 · $650,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

This multifamily apartment building contains 10 residential units total, consisting of eight one-bedroom/one-bath apartments and two two-bedroom/one-bath apartments. Renovations have been completed in most units, including four apartments renovated from the studs with mechanical, electrical, and plumbing work. The property features roof systems that were replaced less than four years ago. Utility responsibilities are split between tenants and the owner: tenants are responsible for utilities,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$2k
Tax billed · 2022
Assessed value · 2023$26k
Assessed land$15k
Assessed improvement$11k
Effective rate6.09%

Value estimate

· Oct 2026
$515k
$464k – $567k
AI approach$540k
CAP approach$490k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
Submarket average, outlier-cleaned · 428 recorded sales of this use type
Observed band · Q1–Q3$44 – $161
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RU-3
Housing Type RU-1 RU-2 RU-3 RU-4 RU-5 Conventional Side Yard House Cottage ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ -- -- -- Semi-Attached Two-Family Town...
General categoryRESIDENTIAL
JurisdictionSHELBY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.8
Law Firm10.8
Dental Office10.2

Location

1572 Hanauer St Memphis, TN 38109-1540
County assessor Recorded deeds · 11 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
44 Flds, Memphis, TN 38109-1678 $65,000 Jun 2024 5,624 SF
3741 Hillbrook, Memphis, TN 38109-3857 $530,000 May 2022 6,848 SF
1523 Kansas, Memphis, TN 38109-1618 $45,000 Apr 2022 3,480 SF
1680 Kansas, Memphis, TN 38109-1934 $510,000 Nov 2021 5,760 SF
28 Fay, Memphis, TN 38109-1642 $70,000 Oct 2019 5,100 SF
1904 Swift, Memphis, TN 38109-2100 $8,000 Mar 2019 2,073 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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