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Updated 2 days ago

Elizabeth Ann Apartments


1989 Madison Ave Memphis, TN

2 Bed
1 Bath

856 Sq. Ft.

Available Now
2 Beds • 1 Bath
$1,250
856 ft2
1 Available
Managed By: Meridian Property Management, Llc Mfr
Updated 2 days ago

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Unit 9
$1,250
Available Now
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
80
Very Walkable
Bike Score®
70
Very Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Dishwasher
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $500.0
Property details
Description

FREE MONTH RENT w/ 15 Month Lease - Renovated 2/1+Bonus Room on Madison Ave - Incredibly spacious 2bd/1ba corner apt on the second floor in a quiet Midtown neighborhood on Washington Ave, just a short walk to Overton Square and Overton Park! This spacious affordable Midtown apartment includes fridge, stove, dishwasher, W/D, and central AC/heat. This home has high ceilings, a lovely courtyard patio, separate dining room, wide hallway for additional storage in the apt, and plenty of natural light! This is a great Midtown apartment equipped with modern conveniences at an affordable price and awesome location!

Must move-in by 4/20/24 to receive the specials. To qualify for the one-month free promotion, a 15-month lease is required.

App requirements:

-Credit score of 575+
-Household monthly net income of 2.5x the rent (monthly bills that appear on the credit report will be factored in so please include all monthly payments!)
-Good verifiable recent residential history
-No bankruptcies or evictions within the past 4 years

Please consider, without accurate and thorough information regarding monthly payments noted on credit report and rental history (i.e. not filling out the rental amount, rental dates, landlord name, landlord contact info, etc.) application processing may be delayed.

***Please note that we only hold apartments for up to two weeks and not past the current month. You must be able to move within two weeks of application approval, but the move in cannot be past the current month. If you are not looking to move this month we will not be able to hold it even with a deposit. If it is available the following month then we can move forward with a tour, deposit and move in within that month. In addition, a move in can be no later than the 29th of the current month for a 30-day month, and no later than the 30th for a 31-day month.***

Pet Policy: 2 pet max. $300 nonrefundable pet deposit. $30/mo pet rent per pet. 60lbs weight limit and certain breed restrictions

Renter's insurance is required and can be purchased through an affiliate insurance company for $16.00/mo or you may use a separate insurance company, but we will require the declaration page of the policy by/before the move in.

Setup Fee: $150.00 is due once the application has been approved.

***Please note that we only hold apartments for UP TO TWO WEEKS and NOT PAST THE CURRENT MONTH. You must be able to move within two weeks of application approval, but the move in cannot be past the current month. If you are not looking to move this month we will not be able to hold it even with a deposit. If it is available the following month then we can move forward with a tour, deposit and move in within that month.***

Application processing can take up to 1-3 business days, please keep that in mind if you have a strict timeframe to relocate!

(RLNE2019336)

Additional Details
Account Type: Other
Total Unit Count: 12
Last Updated: Updated 2 days ago
Contact Number: (901) 244-4453
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 18.0 0.768
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
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 Elizabeth Ann Apartments by bedroom type below.
2 Bedroom
Suggested income:
$45,000
per year
Rent report

Elizabeth Ann Apartments Rent vs. Memphis Average

 Elizabeth Ann Apartments      Memphis Average
2BR
$1,250
$1,119
$0
$450
$900
$1,350
$1,800

Elizabeth Ann Apartments is asking 12% more 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.

Elizabeth Ann Apartments provides 14% less square footage than the average Memphis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Elizabeth Ann Apartments
2BR $1,250 $1.50 $3,750
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
Encompass Health Rehabilitation Hospital Of Memphis 1.37 mi.
Methodist Healthcare Memphis Hospital 1.38 mi.
Memphis Veterans Affairs Medical Center 1.83 mi.
Nearby Fire Stations
Name Distance
Shelby Volunteer Fire Department 2.67 mi.
Memphis Division Of Fire Services 3.42 mi.
Rural/ Metro Fire Department Fed Ex Operation 5.17 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 now.
What's the square footage of the available units?
It's 856 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
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?
Elizabeth Ann Apartments has a 2 bedroom unit starting at $1,250.
Where is this property located?
This property is at 1989 Madison Ave in Memphis, TN. It's 1.3 miles west from the center of Memphis.
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