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Updated 6 hours ago

112 E Fernwood Ave


Memphis, TN

2 Bed
1 Bath

1,157 Sq. Ft.

Available starting May. 13th
2 Beds • 1 Bath
$895
1157 ft2
1 Available
Managed By: CB Properties
Updated about 6 hours ago

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$895
Available May 13th, 2024
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
47
Car-Dependent
Transit Score®
28
Some Transit
Bike Score®
48
Somewhat Bikeable
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 6 hours ago
Contact Number: (901) 244-4415
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Schools
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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 a scale of 1 (below average) 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 family needs as part of the school selection process.
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 112 E Fernwood Ave by bedroom type below.
2 Bedroom
Suggested income:
$32,200
per year
Rent report

112 E Fernwood Ave Rent vs. Memphis Average

 112 E Fernwood Ave      Memphis Average
2BR
$895
$1,119
$0
$400
$800
$1,200
$1,600

112 E Fernwood Ave is asking 20% less than the average 2 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 3 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Memphis 1 bedroom apartment, you would pay 12% less per month.

112 E Fernwood Ave provides 16% more square footage than the average Memphis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
112 E Fernwood Ave
2BR $895 $0.80 $2,685
Memphis Average
Studio $1,111 $2.20 $3,332
1BR $997 $1.40 $2,990
2BR $1,119 $1.10 $3,358
3BR $1,384 $1.00 $4,153
4BR $1,676 $0.90 $5,027

Availability in Memphis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 936 2BR units on the market in Memphis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 26% 47% 19% 4%
Available Units in Memphis
Studio 72
1BR 519
2BR 936
3BR 372
4BR 83
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Regional One Health Extended Care Hospital 3.66 mi.
Regional One Health 3.72 mi.
Methodist Healthcare Memphis Hospital 3.77 mi.
Nearby Fire Stations
Name Distance
Memphis Division Of Fire Services 3.53 mi.
Shelby Volunteer Fire Department 4.8 mi.
Rural/ Metro Fire Department Fed Ex Operation 5.39 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 13, 2024.
What's the square footage of the available units?
It's 1,157 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
112 E Fernwood Ave has a 2 bedroom unit starting at $895.
Where is this property located?
This property is at 112 E Fernwood Ave in Memphis, TN. It's 5.6 miles southwest from the center of Memphis.
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