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Carolina Terrace
Memphis, TN 38103

- 3–4 Bedrooms
- 1,500–3,000 Square Feet
About Carolina Terrace
Discover tranquility at Carolina Terrace, a boutique gated neighborhood offering just 12 meticulously crafted homes. Conveniently situated at the south end of downtown Memphis just off Carolina Avenue, where it meets Tennessee Street, our community provides a serene and secure living experience downtown. Nestled in a locale that balances accessible city living with a peaceful retreat, Carolina Terrace invites you to a unique blend of comfort and prime location.
Carolina Terrace is located in the South Bluffs Neighborhood and 38103 Zip code of Memphis, TN.
Property Contact Info
Office Hours
| 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 | By Appointment |
| Sunday | Closed |
Floorplan Pricing and Availability
New! Interactive Property Map
3 Bedrooms
3 Bedroom
3 Beds, 2 Baths, 1500 sq ftModel Gallery
Floorplans
Photos
Availability Details
Availability Date Unit Sq Ft Unavailable 3 Bedroom 1500 sq ft Apartment Model: 3 Bedroom3 Bedroom, 2 Bath, 1500 sq ftUnavailableFloorplansPhotos![]()
3 Bedroom - Image 1 ![]()
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3 Bedroom - Image 7 ![]()
3 Bedroom - Floorplan 1 ![]()
3 Bedroom - Floorplan 2 ![]()
3 Bedroom - Floorplan 3 3 Bedroom End
3 Beds, 2 Baths, 1500 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 3 Bedroom End 1500 sq ft 4 Bedrooms
4 Bedroom
4 Beds, 3 Baths, 2800 sq ftModel Gallery
Floorplans
Photos
Availability Details
Availability Date Unit Sq Ft Unavailable 4 Bedroom 2800 sq ft Apartment Model: 4 Bedroom4 Bedroom, 3 Bath, 2800 sq ftUnavailableFloorplansPhotos![]()
4 Bedroom - Image 1 ![]()
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4 Bedroom - Floorplan 1 ![]()
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4 Bedroom - Floorplan 3 ![]()
4 Bedroom - Floorplan 4 4 Bedroom Rooftop
4 Beds, 3 Baths, 3000 sq ftAvailability Details
Availability Date Unit Sq Ft Unavailable 4 Bedroom Rooftop 3000 sq ft
Property Information
- 12 Units
- 2 Stories
- Built in 2023
Lease Terms
- 12 mo
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.
Required Fees
One-Time Basics
- Administrative Fee$195.00
- Application Fee Per Applicant$50.00
Other Fees and Policies
Pet Fees
- Cat
- One-Time Pet FeeiCharged Per Pet.$295.00
- Dog
- One-Time Pet FeeiCharged Per Pet.$295.00
Parking Info and Fees
- Surface Lot
- 1 Max
- Garage Parking
- 2 Max
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
Community Features
- Corporate Housing
Unique Amenities
- Garage Available
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
- Nearby Properties

Map
Getting Around
50 / 100 Fairly walkable
30 / 100 Limited public transit
60 / 100 Moderately bikeable
80 / 100 Very car friendly
Getting to Know the Area
70 / 100 Restaurants
40 / 100 Cafes
80 / 100 Nightlife
50 / 100 Shopping
60 / 100 Parks
80 / 100 Noise Level
Points of Interest
Time and distance from Carolina Terrace.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Kroger
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
The Fresh Market
Aldi
Hospitals
Regional One Health
Memphis Mental Health Institute
St. Jude Children's Research Hospital
Military Bases
Memphis Defense Depot
Parks and Recreation
Carolina Terrace has 3 parks within 8.1 miles, including Overton Park, Graceland, and Memphis Botanical Gardens.
Shopping Centers
Carolina Terrace has 5 shopping centers within 1.3 miles.
Transit Stations
Central Station-Riverfront Loop
Butler Avenue-Main Street Trolley
Huling Avenue (Main)-Main Street Trolley
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,050 | $547 | $1,888 |
| Memphis 1 Bedroom Apartments | $1,129 | $450 | $3,457 |
| Memphis 2 Bedroom Apartments | $1,257 | $560 | $5,158 |
| Memphis 3 Bedroom Apartments | $1,635 | $600 | $4,109 |
| Memphis 4 Bedroom Apartments | $1,387 | $550 | $3,834 |
Nearby Apartments
Nearby Homes
Did You Know?
43% of renters tour a property with an agent before signing a lease.























