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Updated 2 hours ago

3134 Monterrey Sq


Memphis, TN

3 Bed
3 Bath

1,292 Sq. Ft.

Available Now
2 Beds • 1 Bath
$895
1292 ft2
0 Available
Managed By: Advantage Property Management
3134 Monterrey Sq.
$895
Rented
View
3 Beds • 3 Bath
$1,400
1292 ft2
1 Available
Managed By: Advantage Property Management
-
$1,400
Available Now
View
3 Beds • 3 Bath
$1,400
1292 ft2
1 Available
Managed By: Advantage Property Management, LLC
3134 Monterrey Sq., Memphis, TN 38111
$1,400
Available Now
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
30
Car-Dependent
Bike Score®
68
Bikeable
Amenities
On-site Laundry
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Parking
Garage - Attached
Lease & Fees
Security Deposit: $895
Property details
Description

Discover this completely remodeled 3-bedroom, 3-bathroom home located at 3134 Monterrey Sq., Memphis, TN 38111, just minutes from the University of Memphis. This stunning renovation combines modern finishes with a spacious, functional layout, making it an excellent choice for families, roommates, or university staff and students.
Inside, you'll find a beautifully updated interior featuring fresh finishes throughout, generously sized bedrooms, and three full bathrooms that provide comfort and convenience for everyone. The open and inviting floor plan offers plenty of room for relaxing and entertaining while showcasing the quality craftsmanship of this full renovation.
Ideally situated near the University of Memphis, you'll enjoy quick access to campus, shopping, restaurants, parks, and major roadways, making commuting around the city a breeze.
Don't miss the opportunity to lease this like-new home in a convenient and desirable location. Schedule your private showing today!
We encourage you to view this property prior to applying. Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.
We are proud to offer:
24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.
100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.
Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.
Rental Requirements:
-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no bankruptcy.
A one-time lease setup fee of $100.00 will be charged by Advantage Property Management at the time the lease is signed.
Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. ***
Please note that the home will be rented in as-is condition.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (901) 347-3148
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 12.0 0.512
AT&T Inc. 6.0 0.512
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 3134 Monterrey Sq by bedroom type below.
3 Bedroom
Suggested income:
$50,400
per year
Rent report

3134 Monterrey Sq Rent vs. Memphis Average

 3134 Monterrey Sq      Memphis Average
3BR
$1,400
$1,392
$0
$500
$1,000
$1,500
$2,000

3134 Monterrey Sq is asking 1% more than the average 3 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 4 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Memphis 2 bedroom apartment, you would pay 17% less per month.

3134 Monterrey Sq provides 1% less square footage than the average Memphis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
3134 Monterrey Sq
3BR $1,400 $1.10 $4,200
Memphis Average
Studio $1,110 $2.70 $3,329
1BR $1,091 $1.50 $3,272
2BR $1,185 $1.20 $3,556
3BR $1,392 $1.10 $4,177
4BR $1,591 $1.00 $4,772

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 1,378 2BR units on the market in Memphis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 30% 43% 19% 4%
Available Units in Memphis
Studio 99
1BR 944
2BR 1,378
3BR 605
4BR 139
Location
Nearby Colleges
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 1,292 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 3 bedroom units available.
How many bathrooms are in the available units?
There are 3 bathroom units available.
What's the monthly rent at this property?
3134 Monterrey Sq has a 3 bedroom unit starting at $1,400.
Where is this property located?
This property is at 3134 Monterrey Sq in Memphis, TN. It's 1.5 miles southeast from the center of Memphis.
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