59 Photos6 Floorplans2 3D Tours
- Studio–2 Bedrooms
- $999-$1,599 Pricing
- 354–800 Square Feet
Rent Specials
LIMITED TIME 1 Month Free Rent Spread Across 13 Months PLUS a FREE 1-Year LA Fitness Membership!
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 38119 Zip code of Memphis, TN. This community is professionally managed by Multi-South Management Services
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (901) 350-4582
- Disclaimer:
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
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Studio 1 Bathroom
$999
Studio, 1 Bath, 354 sq ftAvailable Jun 26Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $999 June 26, 2026 1186-106 354 $500 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Unit 1186-106 Rent and Fees
Unit Price
- $999
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $999
Apartment Model: Studio 1 Bathroom$999Studio, 1 Bath, 354 sq ftAvailable June 26, 2026![]()
Studio 1 Bathroom - Floorplan Apartment Unit: 1186-106Apartment Model: Studio 1 Bathroom$999Studio, 1 Bath, 354 sq ftAvailable June 26, 20261 Bedroom
Show Unavailable Floorplans1 Bedroom 1 Bathroom
$1,199
1 Bed, 1 Bath, 548 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,199 Available Now 5861-104 548 $500 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Unit 5861-104 Rent and Fees
Unit Price
- $1,199
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,199
Apartment Model: 1 Bedroom 1 Bathroom$1,1991 Bedroom, 1 Bath, 548 sq ftAvailable Now![]()
1 Bedroom 1 Bathroom - Floorplan Apartment Unit: 5861-104Apartment Model: 1 Bedroom 1 Bathroom$1,1991 Bedroom, 1 Bath, 548 sq ftAvailable Now1 Bedroom 1 Bathroom
$1,299
1 Bed, 1 Bath, 570 sq ftAvailable NowLargest 1 BedroomThis is the largest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,299 Available Now 5861-102 570 $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
- $1,299
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,299
Apartment Model: 1 Bedroom 1 Bathroom$1,2991 Bedroom, 1 Bath, 570 sq ftAvailable Now![]()
1 Bedroom 1 Bathroom - Floorplan Apartment Unit: 5861-102Apartment Model: 1 Bedroom 1 Bathroom$1,2991 Bedroom, 1 Bath, 570 sq ftAvailable NowRidgeway Furnished - 1 Bedroom 1 Bathroom
$1,599
1 Bed, 1 Bath, 545 sq ftAvailable Jun 15Model Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,599 June 15, 2026 1186-209 545 $1,599 $1,599 June 19, 2026 1186-210 545 $1,599 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,599
Deposit
- $1,599 deposit
Unit 1186-209 Amenities and Features
Services
- Furnished
Unit 1186-209 Rent and Fees
Unit Price
- $1,599
View Details and Rent EstimateDeposit
- $1,599 deposit
Model Rent and Fees
Price
- $1,599
Unit 1186-210 Amenities and Features
Services
- Furnished
Unit 1186-210 Rent and Fees
Unit Price
- $1,599
View Details and Rent EstimateDeposit
- $1,599 deposit
Model Rent and Fees
Price
- $1,599
Apartment Model: Ridgeway Furnished - 1 Bedroom 1 BathroomFrom $1,5991 Bedroom, 1 Bath, 545 sq ftAvailable June 15, 2026![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 1 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 2 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 3 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 4 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 5 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 6 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 7 ![]()
Ridgeway Furnished - 1 Bedroom 1 Bathroom - Image 8 Apartment Unit: 1186-209Apartment Model: Ridgeway Furnished - 1 Bedroom 1 Bathroom$1,5991 Bedroom, 1 Bath, 545 sq ftAvailable June 15, 2026Apartment Unit: 1186-210Apartment Model: Ridgeway Furnished - 1 Bedroom 1 Bathroom$1,5991 Bedroom, 1 Bath, 545 sq ftAvailable June 19, 20261 Bedroom 1 Bathroom
$1,249
1 Bed, 1 Bath, 550 sq ftAvailable Jul 1Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,249 July 1, 2026 5851-206 550 $500 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Unit 5851-206 Rent and Fees
Unit Price
- $1,249
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,249
Apartment Model: 1 Bedroom 1 Bathroom$1,2491 Bedroom, 1 Bath, 550 sq ftAvailable July 1, 2026![]()
1 Bedroom 1 Bathroom - Floorplan Apartment Unit: 5851-206Apartment Model: 1 Bedroom 1 Bathroom$1,2491 Bedroom, 1 Bath, 550 sq ftAvailable July 1, 20261 Bedroom 1 Bathroom
$1,199
1 Bed, 1 Bath, 545 sq ftAvailable Jul 2Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,199 July 2, 2026 1186-207 545 $500 $1,199 August 25, 2026 1186-213 545 $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 EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,199
Unit 1186-213 Rent and Fees
Unit Price
- $1,199
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,199
Apartment Model: 1 Bedroom 1 BathroomFrom $1,1991 Bedroom, 1 Bath, 545 sq ftAvailable July 2, 2026![]()
1 Bedroom 1 Bathroom - Floorplan Apartment Unit: 1186-207Apartment Model: 1 Bedroom 1 Bathroom$1,1991 Bedroom, 1 Bath, 545 sq ftAvailable July 2, 2026Apartment Unit: 1186-213Apartment Model: 1 Bedroom 1 Bathroom$1,1991 Bedroom, 1 Bath, 545 sq ftAvailable August 25, 20261 Bedroom 1 Bathroom
From $1,099
1 Bed, 1 Bath, 417 sq ftAvailable Jul 25Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,099 July 25, 2026 1153-108 417 $500 $1,099 December 1, 2026 5840-101 417 $500 $1,099 December 1, 2026 5840-102 417 $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
Current Available Pricing
- $1,099
Deposit
- $500 deposit
Unit 1153-108 Rent and Fees
Unit Price
- $1,099
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Model Price Range
- $1,099 - $1,499
Unit 5840-101 Rent and Fees
Unit Price
- $1,099
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Model Price Range
- $1,099 - $1,499
Unit 5840-102 Rent and Fees
Unit Price
- $1,099
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Model Price Range
- $1,099 - $1,499
Apartment Model: 1 Bedroom 1 BathroomFrom $1,0991 Bedroom, 1 Bath, 417 sq ftAvailable July 25, 2026![]()
1 Bedroom 1 Bathroom - Floorplan Apartment Unit: 1153-108Apartment Model: 1 Bedroom 1 Bathroom$1,0991 Bedroom, 1 Bath, 417 sq ftAvailable July 25, 2026Apartment Unit: 5840-101Apartment Model: 1 Bedroom 1 Bathroom$1,0991 Bedroom, 1 Bath, 417 sq ftAvailable December 1, 2026Apartment Unit: 5840-102Apartment Model: 1 Bedroom 1 Bathroom$1,0991 Bedroom, 1 Bath, 417 sq ftAvailable December 1, 2026The 240 Furnished 1 Bedroom 1 Bathroom
1 Bed, 1 Bath, 417 sq ftModel Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,449 Call for Availability The 240 Furnished 1 Bedroom 1 Bathroom 417 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
Apartment Model: The 240 Furnished 1 Bedroom 1 Bathroom$1,4491 Bedroom, 1 Bath, 417 sq ftUnavailable![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 1 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 2 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 3 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 4 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 5 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 6 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 7 ![]()
The 240 Furnished 1 Bedroom 1 Bathroom - Image 8 2 Bedrooms
2 Bedroom 2 Bathroom
$1,499
2 Beds, 2 Baths, 800 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,499 Available Now 1146-208 800 $500 $1,499 July 3, 2026 1146-105 800 $500 $1,499 July 3, 2026 1146-203 800 $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 1146-208 Rent and Fees
Unit Price
- $1,499
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,499
Unit 1146-105 Rent and Fees
Unit Price
- $1,499
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,499
Unit 1146-203 Rent and Fees
Unit Price
- $1,499
View Details and Rent EstimateDeposit
- $500 deposit
Model Rent and Fees
Price
- $1,499
Apartment Unit: 1146-208Apartment Model: 2 Bedroom 2 Bathroom$1,4992 Bedroom, 2 Bath, 800 sq ftAvailable NowApartment Unit: 1146-105Apartment Model: 2 Bedroom 2 Bathroom$1,4992 Bedroom, 2 Bath, 800 sq ftAvailable July 3, 2026Apartment Unit: 1146-203Apartment Model: 2 Bedroom 2 Bathroom$1,4992 Bedroom, 2 Bath, 800 sq ftAvailable July 3, 2026
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
Call us at: (901) 350-4582 to schedule 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
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.
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/mo
- Dog
- One-Time Pet FeeiMax of 2. Charged Per Pet.$35-$70
- Monthly Pet FeeiMax of 2. Charged Per Pet.$300.00/mo
Restrictions:
Pet restrictions apply. Please call for details.
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
- Cabana
- Picnic Area
- 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
Map
5811 Poplar Ave, Memphis, TN 38119
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
Map
Hours and Contact Info
Call Us - Open Now!
Currently Closed
By Appointment
| 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 |
Frequently Asked Questions about 240 Flats
Where is 240 Flats located?
240 Flats is located at 5811 Poplar Ave, 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: LIMITED TIME 1 Month Free Rent Spread Across 13 Months PLUS a FREE 1-Year LA Fitness Membership!.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Awesome apartments and locations
November 19, 2024Really nice newly renovated units with a washer dryer in the apartment. Location is also really convenient for meReview from Apartments.com
Nearby Schools
Ridgeway/Balmoral Elementary School
Shelby County Schools
5905 Grosvenor Avenue
Public School - Grades K-5 (245 Students)
In Attendance Zone4 minute drive / 1.6 miles away
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.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 240 Flats.
Arts Museums and Landmarks
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
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
Spence And Becky Wilson Baptist Children's Hospital
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
240 Flats has 3 parks within 9.5 miles, including Memphis Botanical Gardens, Overton Park, and Graceland.
Shopping Centers
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
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,050 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,155 | $525 | $2,842 |
| Memphis 2 Bedroom Apartments | $1,273 | $600 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,691 | $650 | $4,007 |
| Memphis 4 Bedroom Apartments | $1,354 | $640 | $3,500 |
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Viewing: 240 Flats | Desktop Version | Listing Updated: 05/26/2026 | AHLDIA
Max of 2.