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  • The Commonwealth - The Commonwealth Apartments

The Commonwealth Apartments

240 Madison Ave, Memphis, TN 38103

Monthly Rent

$1,095 - $1,845

Bedrooms

Studio - 1 Bed

Bathrooms

1 Bath

About this Rental

Drawing inspiration from the building’s previous incarnations, the redevelopment breathes a new life into the building as a multifaceted development, uniting Memphians with a common interest. We are delighted to offer forty apartments, commercial offices, a number of amenities at street-level, and space for collaboration and congregation.

The Commonwealth has modern kitchens & baths, in-unit laundry, wide open spaces and stately windows. Each unit has original floors, functional windows, authentic plaster & brick walls, unique structural ceilings & columns. The Commonwealth offers private, on-site parking, Indoor & outdoor gathering places, and is equipped with multiple high-speed, smart elevators. On-site storage, a bike shed, a fitness room and a dog wash area are available for all residents.

The Commonwealth Apartments is located in Memphis, Tennessee in the 38103 zip code. This apartment community was built in 2018 and has 8 stories with 40 units.

$1000.00 Rent Credit!!! Limited Availabity!!

Sign an 18-month lease before December 15th to earn YOUR $1000 rent credit!

Pricing and Floor Plans

The Townsend

$1,095 - $1,145
Studio, 1 Bath
541 Sq. Ft.
Rental Available

The Lee

$1,295 - $1,345
1 Bed, 1 Bath
621 Sq. Ft.
Rental Available

The Sackett

$1,795 - $1,845
1 Bed, 1 Bath
948 Sq. Ft.
Rental Available
*Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price and availability is subject to change without notice.
*Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 1-2 years

Property Information

  • Built in 2018
  • 40 units/8 stories

Fees and Policies

The fees below are based on community-supplied data independent market research.

One-Time Move-In Fees

  • Application Fee
    $50

Apartment Amenities

  • Air Conditioning
  • Cable Ready
  • Dining Room
  • Dishwasher
  • Disposal
  • Double Pane Windows
  • Eat-in Kitchen
  • Freezer
  • Granite Countertops
  • Heating

Community Features

  • 24 Hour Access
  • Bicycle Storage
  • Controlled Access
  • Courtyard
  • Elevator
  • Fitness Center
  • Garages
  • Grill
  • Health Club Discount
  • Hearing Impaired Accessible

Map of The Commonwealth

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Transit

Subway
Third Street
1 min Drive
Memphis Area Transit Authority Trolley
Subway
Main Street
1 min Drive
Memphis Area Transit Authority Trolley
Subway
Madison Avenue
1 min Drive
Memphis Area Transit Authority Trolley
Subway
Danny Thomas Blvd
1 min Drive
Memphis Area Transit Authority Trolley
Subway
Court Avenue
1 min Drive
Memphis Area Transit Authority Trolley
Airport
Memphis International
17 min Drive

Area Scores

Walker's Paradise
Walk Score®
90
Out of 100
Good Transit
Transit Score®
52
Out of 100
Very Bikeable
Bike Score®
84
Out of 100

Contact

Property Address:
240 Madison Ave,
Memphis, TN 38103
Phone Number: (870) 771-4028
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday9:00 AM - 6:00 PM
  • Tuesday9:00 AM - 6:00 PM
  • Wednesday9:00 AM - 6:00 PM
  • Thursday9:00 AM - 6:00 PM
  • Friday9:00 AM - 6:00 PM
  • Saturday10:30 AM - 6:00 PM

Moving to Memphis, TN

Shopping Centers

Shoppers will appreciate The Commonwealth Apartments proximity to The Pier, Peabody Place, and Metro Shopping Plaza. The Pier is 0.6 miles away, and Peabody Place is within an 11 minute walk.

Commuting

With a TransitScore of 52, The Commonwealth Apartments has good transit, including 1 transit stop within 1.3 miles. Transit options include Central Station.

Parks and Recreation

Recreational activities near The Commonwealth Apartments are plentiful. Discover 3 parks within 4.7 miles, including Mississippi River Museum at Mud Island, Memphis Zoo, and Children's Museum of Memphis.

Airports

Living in Memphis provides easy access to Memphis International, located just 15 minutes from The Commonwealth Apartments.

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(870) 771-4028