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- Studio–2 Bedrooms
- $1,099-$1,599Pricing
- 354–800Square Feet
Rent Specials
Limited time offer: Move in by 11/30/25 and pay $0 rent until 1/1/26. Apply today to lock in savings
About 240 Flats
Beautiful newly renovated apartments are coming Spring 2024 in the heart of Memphis! Contact us today to learn more.
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

Floorplan Pricing and Availability
240 Flats offers Studio to 2 Bedroom apartments starting from $1,099 and having 354–800 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Studio 1 Bathroom
Studio, 1 Bath, 354 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability Studio 1 Bathroom 354 sq ft Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Apartment Model: Studio 1 BathroomCall For RatesStudio, 1 Bath, 354 sq ftUnavailable![]()
Studio 1 Bathroom - Floorplan 1 1 Bedroom
Show Unavailable Floorplans1 Bedroom 1 Bathroom
$1,099
1 Bed, 1 Bath, 417 sq ftAvailable NowCheapest 1 BedroomThis is the cheapest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,099 Available Now 5851-107 417 $500 $1,099 Available Now 5851-103 417 $500 $1,099 Available Now 1153-107 417 $500 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,099
Deposit
- $500 deposit
Unit 5851-107 Rent and Fees
Unit Price
- $1,099
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,099
Unit 5851-103 Rent and Fees
Unit Price
- $1,099
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,099
Unit 1153-107 Rent and Fees
Unit Price
- $1,099
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,099
Apartment Model: 1 Bedroom 1 BathroomFrom $1,0991 Bedroom, 1 Bath, 417 sq ftAvailable Now![]()
1 Bedroom 1 Bathroom - Floorplan 1 Apartment Unit: 5851-107Apartment Model: 1 Bedroom 1 Bathroom$1,0991 Bedroom, 1 Bath, 417 sq ftAvailable NowApartment Unit: 5851-103Apartment Model: 1 Bedroom 1 Bathroom$1,0991 Bedroom, 1 Bath, 417 sq ftAvailable NowApartment Unit: 1153-107Apartment Model: 1 Bedroom 1 Bathroom$1,0991 Bedroom, 1 Bath, 417 sq ftAvailable NowThe 240 Furnished 1 Bedroom 1 Bathroom
$1,449
1 Bed, 1 Bath, 417 sq ftAvailable NowModel Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,449 Available Now 1153-104 417 $1,449 $1,449 Available Now 1153-204 417 $1,449 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,449
Deposit
- $1,449 deposit
Unit 1153-104 Amenities and Features
Services
- Furnished
Unit 1153-104 Rent and Fees
Unit Price
- $1,449
Deposit
- $1,449 deposit
Model Rent and Fees
Price
- $1,449
Unit 1153-204 Amenities and Features
Services
- Furnished
Unit 1153-204 Rent and Fees
Unit Price
- $1,449
Deposit
- $1,449 deposit
Model Rent and Fees
Price
- $1,449
Apartment Model: The 240 Furnished 1 Bedroom 1 BathroomFrom $1,4491 Bedroom, 1 Bath, 417 sq ftAvailable Now![]()
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 Apartment Unit: 1153-104Apartment Model: The 240 Furnished 1 Bedroom 1 Bathroom$1,4491 Bedroom, 1 Bath, 417 sq ftAvailable NowApartment Unit: 1153-204Apartment Model: The 240 Furnished 1 Bedroom 1 Bathroom$1,4491 Bedroom, 1 Bath, 417 sq ftAvailable NowRidgeway Furnished - 1 Bedroom 1 Bathroom
$1,599
1 Bed, 1 Bath, 545 sq ftAvailable NowModel Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,599 Available Now 1186-110 545 $1,599 $1,599 Available Now 1186-209 545 $1,599 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,599
Deposit
- $1,599 deposit
Unit 1186-110 Amenities and Features
Services
- Furnished
Unit 1186-110 Rent and Fees
Unit Price
- $1,599
Deposit
- $1,599 deposit
Model Rent and Fees
Price
- $1,599
Unit 1186-209 Amenities and Features
Services
- Furnished
Unit 1186-209 Rent and Fees
Unit Price
- $1,599
Deposit
- $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 Now![]()
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: 1186-110Apartment Model: Ridgeway Furnished - 1 Bedroom 1 Bathroom$1,5991 Bedroom, 1 Bath, 545 sq ftAvailable NowApartment Unit: 1186-209Apartment Model: Ridgeway Furnished - 1 Bedroom 1 Bathroom$1,5991 Bedroom, 1 Bath, 545 sq ftAvailable Now1 Bedroom 1 Bathroom
$1,199
1 Bed, 1 Bath, 545 sq ftAvailable January 1, 2026Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,199 January 1, 2026 1186-108 545 $500 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Unit 1186-108 Rent and Fees
Unit Price
- $1,199
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,199
Apartment Model: 1 Bedroom 1 Bathroom$1,1991 Bedroom, 1 Bath, 545 sq ftAvailable January 1, 2026![]()
1 Bedroom 1 Bathroom - Floorplan 1 Apartment Unit: 1186-108Apartment Model: 1 Bedroom 1 Bathroom$1,1991 Bedroom, 1 Bath, 545 sq ftAvailable January 1, 20261 Bedroom 1 Bathroom
1 Bed, 1 Bath, 548 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 1 Bedroom 1 Bathroom 548 sq ft Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Apartment Model: 1 Bedroom 1 BathroomCall For Rates1 Bedroom, 1 Bath, 548 sq ftUnavailable![]()
1 Bedroom 1 Bathroom - Floorplan 1 1 Bedroom 1 Bathroom
1 Bed, 1 Bath, 550 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 1 Bedroom 1 Bathroom 550 sq ft Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Apartment Model: 1 Bedroom 1 BathroomCall For Rates1 Bedroom, 1 Bath, 550 sq ftUnavailable![]()
1 Bedroom 1 Bathroom - Floorplan 1 1 Bedroom 1 Bathroom
1 Bed, 1 Bath, 570 sq ftLargest 1 BedroomThis is the largest 1 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability 1 Bedroom 1 Bathroom 570 sq ft Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Apartment Model: 1 Bedroom 1 BathroomCall For Rates1 Bedroom, 1 Bath, 570 sq ftUnavailable![]()
1 Bedroom 1 Bathroom - Floorplan 1 2 Bedrooms
2 Bedroom 2 Bathroom
$1,499
2 Beds, 2 Baths, 800 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit $1,499 Available Now 1146-103 800 $500 $1,499 Available Now 1146-105 800 $500 $1,499 Available Now 1146-106 800 $500 Model Amenities and Features
Features
- Ceiling Fans
- Washer/Dryer
- Wi-Fi
- Windows
Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,499
Deposit
- $500 deposit
Unit 1146-103 Rent and Fees
Unit Price
- $1,499
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,499
Unit 1146-105 Rent and Fees
Unit Price
- $1,499
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,499
Unit 1146-106 Rent and Fees
Unit Price
- $1,499
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,499
Apartment Unit: 1146-103Apartment 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 NowApartment Unit: 1146-106Apartment Model: 2 Bedroom 2 Bathroom$1,4992 Bedroom, 2 Bath, 800 sq ftAvailable Now
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Property Information
- 153 Units
- 3 Stories
- Built in 2024
- View Property Website
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Lease Terms
- 12 Months
- Short Term Lease Options
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.
Required Fees
One-Time Move-In Fees
- Due at Move-In
- Administrative Fee$150
- Due at Application
- Application Fee Per Applicant$75
Other Fees
Pet Fees
- One-Time Pet Fee$35-$70
- Monthly Pet Fee$300
- One-Time Pet Fee$35-$70
- Monthly Pet Fee$300
- 2 Pet Limit
- 2 Pet Limit
Cat
Dog
Cats
Dogs
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
On-Site Services
- Package Service
Community Features
- Business Center
- Clubhouse
- Corporate Housing
Outdoor Features
- Cabana
- Controlled Access
Recreation and Fitness
- Fitness Center
- Pool
Interior Features
- Windows
- Ceiling Fans
- Washer/Dryer
- Wi Fi
Kitchen Amenities
- Microwave
- Oven
- Range
- Refrigerator
- Kitchen
Living Area Features
- Vinyl Flooring

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Hours and Contact Info
| 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 |
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.
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 $1,099 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 offer: Move in by 11/30/25 and pay $0 rent until 1/1/26. Apply today to lock in savings.
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
Points of Interest
Time and distance from 240 Flats.
Arts Museums and Landmarks
Big Box and Retail
Goodwill
Walgreens
Autozone
Colleges and Universities
Southwest Tennessee Community College - Macon Cove Campus
Groceries
Kroger
Sprouts Farmers Market
Hospitals
Military Bases
Memphis Defense Depot
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
Pauline Street-Madison Avenue Trolley
Dunlap Street-Madison Avenue Trolley
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,032 | $560 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,168 | $485 | $2,880 |
| Memphis 2 Bedroom Apartments | $1,311 | $500 | $5,900 |
| Memphis 3 Bedroom Apartments | $1,672 | $675 | $5,461 |
| Memphis 4 Bedroom Apartments | $1,545 | $599 | $5,136 |
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