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Updated 5 hours ago

541 S Reese St


Memphis, TN

2 Bed
•
1 Bath

1,000 Sq. Ft.

Available starting Apr. 5th
Floor plans
2 Beds • 1 Bath
$1,600
1000 ft2
1 Available
Managed By: avail
Charming Home near U of M
$1,600
Available Apr 5th, 2026
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541 S Reese St
541 S Reese St
541 S Reese St
Location ratings
Walk Score®
52
Somewhat Walkable
Transit Score®
34
Some Transit
Bike Score®
74
Very Bikeable
Amenities
Storage
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $1,600.00
Property details
Description

This charming U of M area home offers 2BR/1BA hardwood floors separate dining room living room detached 1 car garage workshop extended back patio with huge backyard and a storage shed to boot! Recently renovated. $100 per month, per pet

Additional Details
Total Unit Count: 1
Last Updated: Updated 5 hours ago
Contact Number: (901) 864-0372
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
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Photos Floor Plans Amenities
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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 541 S Reese St by bedroom type below.
2 Bedroom
Suggested income:
$57,600
per year
Rent report

541 S Reese St Rent vs. Memphis Average

 541 S Reese St      Memphis Average
2BR
$1,600
$1,224
$0
$550
$1,100
$1,650
$2,200

541 S Reese St is asking 31% more than the average 2 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 3 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Memphis 1 bedroom apartment, you would pay 10% less per month.

541 S Reese St provides 1% less square footage than the average Memphis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
541 S Reese St
2BR $1,600 $1.60 $4,800
Memphis Average
Studio $1,124 $2.30 $3,373
1BR $1,113 $1.50 $3,340
2BR $1,224 $1.20 $3,673
3BR $1,397 $1.00 $4,190
4BR $1,568 $1.00 $4,705

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 1,226 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% 42% 20% 5%
Available Units in Memphis
Studio 88
1BR 867
2BR 1,226
3BR 593
4BR 137
Location
Nearby Colleges

University of Memphis

Southwest Tennessee Community College

Campus Buildings and Attractions
Distance Walking Biking Driving
University Center 1.0 mi 18 min 7 min 2 min
Fogelman College of Business 1.0 mi 19 min 7 min 2 min
Student Rec and Fitness Center 1.1 mi 22 min 6 min 3 min
Elma Roane Field House 1.3 mi 26 min 7 min 3 min
McWherter Library 1.3 mi 25 min 8 min 3 min
Nearby Hospitals
Name Distance
Delta Medical Center 3.61 mi.
Methodist Healthcare Memphis Hospital 4.14 mi.
Encompass Health Rehabilitation Hospital Of Memphis 4.15 mi.
Nearby Fire Stations
Name Distance
Franklin Township Fire Department 2.94 mi.
Shelby Rural Fire Department 3.75 mi.
Rural/ Metro Fire Department Fed Ex Operation 3.77 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 April 05, 2026.
What's the square footage of the available units?
It's 1,000 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?
541 S Reese St has a 2 bedroom unit starting at $1,600.
Where is this property located?
This property is at 541 S Reese St in Memphis, TN. It's 1.6 miles southeast from the center of Memphis.
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