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124 Monroe Ave
Memphis, TN 38103

Floorplan Pricing and Availability
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Studio
#203 - 124 Monroe Ave
$1,140
Studio, 1 Bath, 520 sq ftAvailable Nov 21Availability Details
Price Availability Date Unit Sq Ft Deposit $1,140 November 21, 2025 #203 - 124 Monroe Ave 520 sq ft $1,100 Model Amenities and Features
Kitchen
- Dishwasher
- Refrigerator
Model Rent and Fees
Model Price
- $1,140
Deposit
- $1,100 deposit
Additional Property Details
Welcome to 124 Monroe — six newly renovated apartments located above McEwen’s in the heart of downtown Memphis. Each unit blends historic charm with modern convenience, featuring original exposed brick, industrial-style piping, and carefully preserved architectural details that highlight the building’s character. This newly renovated studio apartment at 124 Monroe offers modern finishes and historic charm in the heart of downtown Memphis. The entry opens into a spacious living, sleeping, and kitchen area with soaring ceilings and exposed brick — providing plenty of room to entertain and relax. The brand new kitchen features stainless steel appliances, ample cabinetry, and a large breakfast bar for dining or additional workspace. The bathroom includes a generous vanity and a glass-enclosed shower, and a walk-in closet offers great storage space. Complimentary laundry facilities are shared with just one other unit and are conveniently located right down the hall. Virtual tour: A unique blend of modern updates and original character, this unit offers downtown living with style. Enjoy peace of mind with controlled building access and a video intercom system at every unit for secure, convenient entry for both residents and their guests. Pet friendly! You'll be right in the middle of the action, with AutoZone Park, The Peabody, Flight Restaurant and Wine Bar, Rendezvous, Little Petals, and more of downtown’s best dining and entertainment just around the corner. A public parking garage is conveniently located just behind the building, though parking is not included. SCHEDULE A SHOWING: Professionally managed by 901 Real Estate Services *Additional fees may apply. Please see below. Photos may be of different units than one available and/or virtually staged.* *Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information.* **Avoid scams: We do not post our properties on Facebook Marketplace or Craigslist and will never ask you to pay anything through CashApp, Zelle, or Venmo.** Amenities: stainless steel appliances, controlled access building, refrigerator, pet friendly, exposed brick walls, appliances included, beautiful hardwood flooring, updated kitchen & bath, central heat & air, ceiling fan(s), located downtown, complimentary laundry, historic building, industrial-style piping, video intercom system
2 Bedrooms
#206 - 124 Monroe Ave
$1,940
2 Beds, 2 Baths, 1011 sq ftAvailable Nov 21Availability Details
Price Availability Date Unit Sq Ft Deposit $1,940 November 21, 2025 #206 - 124 Monroe Ave 1011 sq ft $1,900 Model Amenities and Features
Kitchen
- Dishwasher
- Refrigerator
Model Rent and Fees
Model Price
- $1,940
Deposit
- $1,900 deposit
Additional Property Details
Welcome to 124 Monroe — six newly renovated apartments located above McEwen’s in the heart of downtown Memphis. Each unit blends historic charm with modern convenience, featuring original exposed brick, industrial-style piping, and carefully preserved architectural details that highlight the building’s character. This newly renovated 2 bedroom, 2 bathroom apartment at 124 Monroe blends modern finishes with historic charm in the heart of downtown Memphis. The main living and kitchen area features high ceilings and a brand-new kitchen with a large breakfast bar, reclaimed wood open shelving, and stainless steel appliances. The primary bedroom is located at the back of the unit and showcases exposed brick walls and an en suite bathroom with a shower/tub combo. The second bedroom — formerly a private office — is positioned at the front of the unit and features frosted windows, a glass door, and a floor-to-ceiling window overlooking Monroe Avenue. This room would also be perfect as additional living space or an office. A second full bathroom includes a glass-enclosed shower and a washer and dryer for added convenience. Virtual tour: A unique blend of modern updates and original character, this unit offers downtown living with style. Enjoy peace of mind with controlled building access and a video intercom system at every unit for secure, convenient entry for both residents and their guests. Pet friendly! You'll be right in the middle of the action, with AutoZone Park, The Peabody, Flight Restaurant and Wine Bar, Rendezvous, Little Petals., and more of downtown’s best dining and entertainment just around the corner. A public parking garage is conveniently located just behind the building, though parking is not included. SCHEDULE A SHOWING: Professionally managed by 901 Real Estate Services *Additional fees may apply. Please see below. Photos may be of different units than one available and/or virtually staged.* *Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information.* **Avoid scams: We do not post our properties on Facebook Marketplace or Craigslist and will never ask you to pay anything through CashApp, Zelle, or Venmo.** Amenities: stainless steel appliances, controlled access building, refrigerator, pet friendly, exposed brick walls, appliances included, recently renovated, beautiful hardwood flooring, updated kitchen & bath, central heat & air, ceiling fan(s), located downtown, historic building, industrial-style piping, video intercom system
Features and Amenities
Kitchen Amenities
- Dishwasher
- Refrigerator

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Points of Interest
Time and distance from 124 Monroe Ave.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Kroger
Autozone
Colleges and Universities
Southwest Tennessee Community College - Union Avenue Campus
The University of Tennessee Health Science Center - The University of Tennessee Health Science Center
Groceries
Kroger
Cash Saver
The Fresh Market
Hospitals
Military Bases
Memphis Defense Depot
Parks and Recreation
124 Monroe Ave has 3 parks within 7.7 miles, including Overton Park, Graceland, and Memphis Botanical Gardens.
Shopping Centers
124 Monroe Ave has 5 shopping centers within 1.0 miles.
Transit Stations
Peabody Place-Main Street Trolley
Beale Street-Main Street Trolley
Third Street-Madison Avenue Trolley
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,042 | $560 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,176 | $525 | $10,000+ |
| Memphis 2 Bedroom Apartments | $1,315 | $614 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,684 | $759 | $4,130 |
| Memphis 4 Bedroom Apartments | $1,374 | $599 | $5,620 |
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