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  • The Commonwealth - The Commonwealth

The Commonwealth

240 Madison Ave, Memphis, TN 38103

Monthly Rent

$995

Bedrooms

Studio

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

Pricing and Floor Plans

The Townsend

$995
Studio, 1 Bath
541 Sq. Ft.
1 Rental Available
Unit
Price
Sq. Ft.
Available
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 12 - 24 Month Leases

Property Information

  • Built in 2018
  • 40 units/8 stories

Fees and Policies

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

Utilities & Essentials

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $50 one-time

Due at Move-In

Due at Move-Out

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Matterport 3D Tours

Apartment Features

  • 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

Walk Score ®

Walker's Paradise91 / 100

Transit Score ®

Good Transit52 / 100

Bike Score ®

Very Bikeable84 / 100

Soundscore

Active70 / 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 proximity to Peabody Place, Metro Shopping Plaza, and Trolley Stop. Peabody Place is 0.6 miles away, and Metro Shopping Plaza is within a 30 minute walk.

Commuting

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

Parks and Recreation

Recreational activities near The Commonwealth 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.

The Commonwealth Gallery

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(870) 771-4028