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240 Flats Apartments

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(901) 350-4582
Check Availability
1170 Ascend Dr, Memphis, TN 38119
Building Photo
Building Photo
59 Photos6 Floorplans2 3D Tours
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
59 Photos6 Floorplans2 3D Tours

Contact

240 Flats

1170 Ascend Dr
Memphis, TN 38119
(901) 350-4582
240 Flats in Memphis, TN - Building Photo
  • Studio–2 Bedrooms
  • $999-$1,599 Pricing
  • 354–800 Square Feet

Rent Specials

Fall Into Savings at 240 Flats! $250 Off First 3 Months + 1 Year LA Fitness Membership M/I by 8/31

Ask Us About Our Specials

About 240 Flats

At 240 Flats, we offer a wealth of community amenities to pair with your life style. From a sparkling, resort-style swimming pool to a fully equipped fitness center and yoga room, availiable any time of day, you'll love living at 240 Flats! For your convenience, we have a knowledgeable and friendly on-site management staff and a capable maintenance team who work in tandem to help you with your needs. Put your mind at ease and come home to our gated community with controlled access.

240 Flats is located in the Germantown Neighborhood and 38119 Zip code of Memphis, TN. This community is professionally managed by Multi-South Management Services

Property Contact Info

View Property Website
Call Us:
(901) 350-4582

Office Hours

Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
Saturday10:00 am–4:00 pm
SundayClosed

Floorplan Pricing and Availability

240 Flats offers Studio to 2 Bedroom apartments starting from $999 and having 354–800 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • Studio

    Studio 1 Bathroom

    $999

    Studio, 1 Bath, 354 sq ft
    Available Aug 31

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $999 August 31, 20261186-206354$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit 1186-206 Rent and Fees

    Unit Price

    • $999
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999

  • 1 Bedroom

    1 Bedroom 1 Bathroom

    $1,199

    1 Bed, 1 Bath, 545 sq ft
    Available Now

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,199Available Now1186-207545$500
    $1,199 August 28, 20261186-214545$500
    $1,199 August 29, 20261186-213545$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,199

    Deposit

    • $500 deposit

    Unit 1186-207 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    Unit 1186-214 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    Unit 1186-213 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    Poplar Pike Furnished - 1 Bedroom 1 Bathroom

    $1,499

    1 Bed, 1 Bath, 570 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,499Available Now5861-102570$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit 5861-102 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499

    Ridgeway Furnished - 1 Bedroom 1 Bathroom

    $1,599

    1 Bed, 1 Bath, 545 sq ft
    Available Sep 11

    Model Gallery

    Photos

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,599 September 11, 20261186-211545$1,599

    Unit 1186-211 Amenities and Features

    Services

    • Furnished

    Unit 1186-211 Rent and Fees

    Unit Price

    • $1,599
      • View Details and Rent Estimate

    Deposit

    • $1,599 deposit

    Model Rent and Fees

    Price

    • $1,599

    1 Bedroom 1 Bathroom

    From $1,099

    1 Bed, 1 Bath, 417 sq ft
    Available Sep 12
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,099 September 12, 20261153-205417$500
    $1,499 September 13, 20261153-203417$500
    $1,099 November 10, 20265851-208417$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    Deposit

    • $500 deposit

    Unit 1153-205 Rent and Fees

    Unit Price

    • $1,099
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    Unit 1153-203 Amenities and Features

    Services

    • Furnished

    Unit 1153-203 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    Unit 5851-208 Rent and Fees

    Unit Price

    • $1,099
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    1 Bedroom 1 Bathroom

    $1,199

    1 Bed, 1 Bath, 548 sq ft
    Available Sep 21

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,199 September 21, 20265861-101548$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit 5861-101 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    1 Bedroom 1 Bathroom

    $1,299

    1 Bed, 1 Bath, 570 sq ft
    Available Oct 1

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,299 October 1, 20265861-202570$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit 5861-202 Rent and Fees

    Unit Price

    • $1,299
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,299

    The 240 Furnished 1 Bedroom 1 Bathroom

    1 Bed, 1 Bath, 417 sq ft
     

    Model Gallery

    Photos

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,449Call for AvailabilityThe 240 Furnished 1 Bedroom 1 Bathroom417 sq ft$1,449

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,449

    Deposit

    • $1,449 deposit

    1 Bedroom 1 Bathroom

    1 Bed, 1 Bath, 550 sq ft
     

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,249Call for Availability1 Bedroom 1 Bathroom550 sq ft$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,249

    Deposit

    • $500 deposit
    Show Unavailable Floorplans

  • 2 Bedrooms

    2 Bedroom 2 Bathroom

    $1,499

    2 Beds, 2 Baths, 800 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,499Available Now1146-105800$500
    $1,499 October 1, 20261146-205800$500
    $1,499 December 1, 20265840-113800$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,499

    Deposit

    • $500 deposit

    Unit 1146-105 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499

    Unit 1146-205 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499

    Unit 5840-113 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Request Tour
Call us at: (901) 350-4582 to request a tour.

3D Tours

Ridgeway 1BR, 1BA - 545SF
240 1BR, 1BA - 417SF

Property Information

  • 153 Units
  • 3 Stories
  • Built in 2024

Lease Terms

  • 3 - 16 mo
  • Short Term Lease Options
Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$75.00
Due at Move-In
Administrative FeeiCharged per unit.$150.00

Other Fees and Policies

Pet Fees

Pet Policies are Negotiable

Cat
One-Time Pet FeeiMax of 2. Charged Per Pet.$35-$70
Monthly Pet FeeiMax of 2. Charged Per Pet.$300.00
Restrictions:

Pet restrictions apply. Please call for details.

Comments:

Max of 2.

Dog
One-Time Pet FeeiMax of 2. Charged Per Pet.$35-$70
Monthly Pet FeeiMax of 2. Charged Per Pet.$300.00
Restrictions:

Pet restrictions apply. Please call for details.

Comments:

Max of 2.

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.

Features and Amenities

Unique Amenities

  • Pick Ball Court
  • Picnic Area - BBQ Grills

On-Site Services

  • Package Service

Community Features

  • Business Center
  • Clubhouse
  • Corporate Housing

Outdoor Features

  • Grill
  • Picnic Area
  • Cabana
  • Controlled Access

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

  • Ceiling Fans
  • Washer/Dryer
  • Wi Fi

Kitchen Amenities

  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Kitchen

Living Area Features

  • Vinyl Flooring
Ask About Our Amenities
Google Map

Map

1170 Ascend Dr, Memphis, TN 38119
Schedule a Time to Come See Us

Getting Around

  • 50 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 30 / 100 Limited public transit

    Transit is available for some trips

  • 30 / 100 Somewhat Bikeable

    Not very suitable for bicycle commuting and/or recreation

  • 100 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 70 / 100 Restaurants

    Variety of restaurants within a few minutes

  • 50 / 100 Cafes

    Some cafés within a few minutes

  • 50 / 100 Nightlife

    Some bars within walking distance

  • 70 / 100 Shopping

    Several shops within a few minutes

  • 70 / 100 Parks

    Large amount of park space nearby

  • 10 / 100 Noise Level

    Many sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about 240 Flats

Where is 240 Flats located?

240 Flats is located at 1170 Ascend Dr near the Germantown area of Memphis, TN

What is the current rent range at 240 Flats?

Studio to 2 Bedroom Apartments at 240 Flats currently range from $999 to $1,599

When is the leasing office open?

  • The office Hours for 240 Flats are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday 10:00 am–4:00 pm
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at 240 Flats is: Fall Into Savings at 240 Flats! $250 Off First 3 Months + 1 Year LA Fitness Membership M/I by 8/31.

Lifestyle Ratings

  • Affordability Nice Value3.2

    The 240 Flats Apartments are 10.9% cheaper than the average apartment in the Germantown area, and 2.73% more expensive than the average apartment city-wide.

    Rent Comparison to the Germantown Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$999$1,374-$375-27.3%
    1 Bedroom$1,099$1,203-$104-8.6%
    2 Bedroom$1,499$1,453+$463.2%

    Rent Comparison to the city of Memphis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$999$1,084-$85-7.8%
    1 Bedroom$1,099$1,131-$32-2.8%
    2 Bedroom$1,499$1,262+$23718.8%

    Methodology: On 08/25/2026, ApartmentHomeLiving.com compared current rents by floorplan to 148 other apartment communities in the immediate area around 240 Flats (Germantown), and 2422 other apartment communities in Memphis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 08/25/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
1 Renters Reviews

Awesome apartments and locations

November 19, 2024 - Review from Apartments.com
Really nice newly renovated units with a washer dryer in the apartment. Location is also really convenient for me

Nearby Schools

Ridgeway/Balmoral Elementary School

Shelby County Schools
5905 Grosvenor Avenue
Public School - Grades K-5 (275 Students)
In Attendance Zone4 minute drive / 1.6 miles away
6/10

Ridgeway Middle School

Shelby County Schools
6333 Quince Road
Public School - Grades 6-8 (599 Students)
In Attendance Zone5 minute drive / 1.9 miles away
3/10

Ridgeway High

Shelby County Schools
2009 Ridgeway Road
Public School - Grades 9-12 (818 Students)
In Attendance Zone3 minute drive / 1.1 miles away
4/10
Contact Us About Nearby Schools
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 240 Flats.

Arts Museums and Landmarks

TheatreWorks

2085 Monroe Avenue
15 minute drive / 7.3 miles away

Slave Haven Underground Railroad Museum

826 North 2nd Street
23 minute drive / 10.77 miles away

Big Box and Retail

Walgreens

6310 Poplar Ave
2 minute drive / 0.99 miles away

Kroger

799 Truse Pkwy
4 minute drive / 1.53 miles away

Target

601 Colonial Rd
4 minute drive / 2.09 miles away

Colleges and Universities

Harding University - Memphis Campus

1000 Cherry Road
5 minute drive / 2.52 miles away

University of Memphis

3720 Alumni Avenue
8 minute drive / 4.03 miles away

Southwest Tennessee Community College - Macon Cove Campus

5983 Macon Cove
8 minute drive / 4.17 miles away

Groceries

Kroger

799 Truse Pkwy
4 minute drive / 1.53 miles away

Hospitals

St. Francis Hospital

5959 Park Ave
1 minute drive / 0.31 miles away

Spence And Becky Wilson Baptist Children's Hospital

6225 Humphreys Blvd
4 minute drive / 2.1 miles away

Baptist Memorial Hospital For Women

6225 Humphreys Blvd
4 minute drive / 2.1 miles away

Military Bases

Memphis Defense Depot

15 minute drive / 7.3 miles away

Parks and Recreation

Memphis Botanical Gardens

750 Cherry Rd
6 minute drive / 2.83 miles away

Overton Park

Overton Park
15 minute drive / 7.46 miles away

Graceland

3734 Elvis Presley Blvd
20 minute drive / 9.5 miles away

240 Flats has 3 parks within 9.5 miles, including Memphis Botanical Gardens, Overton Park, and Graceland.

Shopping Centers

Park Place Shopping Center

1185-1243 Ridgeway Rd
1 minute drive / 0.55 miles away

Primacy Place

6100 Primacy Pky
1 minute drive / 0.6 miles away

Regalia

6150 Poplar Ave
2 minute drive / 0.74 miles away

240 Flats has 5 shopping centers within 1.0 miles.

Transit Stations

Cleveland Street-Madison Avenue Trolley

18 minute drive / 8.76 miles away

Pauline Street-Madison Avenue Trolley

20 minute drive / 9.39 miles away

Dunlap Street-Madison Avenue Trolley

20 minute drive / 9.59 miles away

Nearby Neighborhoods

Sea Isle Park

Studio to 5 Bedroom Apartments from $581
View Rentals

River Oaks-Kirby-Balmoral

Studio to 5 Bedroom Apartments from $799
View Rentals

Walnut Grove

Studio to 6 Bedroom Apartments from $635
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Memphis Studio Apartments $1,084$547$7,985
Memphis 1 Bedroom Apartments $1,131$450$3,304
Memphis 2 Bedroom Apartments $1,262$562$5,058
Memphis 3 Bedroom Apartments $1,663$829$4,109
Memphis 4 Bedroom Apartments $1,493$550$3,857

Browse Top Apartments in Memphis

By Price

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Viewing: 240 Flats | Desktop Version | Listing Updated: 08/25/2026 | AHLDIA