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Updated 21 hours ago

Brand New Construction Home In The South End, Downtown...


703 Meditation Ln Memphis, TN

3 Bed
•
2 Bath

1,500 Sq. Ft.

Available Now
Floor plans
3 Beds • 2 Bath
$3,226
1500 ft2
1 Available
Managed By: ResiAmerica, Inc.
Updated about 21 hours ago

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$3,226
Available Now
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Brand New Construction Home In The South End, Downtown Memphis
Brand New Construction Home In The South End, Downtown Memphis
Brand New Construction Home In The South End, Downtown Memphis
Location ratings
Walk Score®
74
Very Walkable
Transit Score®
40
Some Transit
Bike Score®
68
Bikeable
Amenities
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $2,500
Property details
Description

NEW CONSTRUCTION detached single family home in an amazing downtown location - a blend of contemporary sophistication and timeless luxury set in the heart of the South End in a brand new boutique gated neighborhood of only 12 homes. This brand-new 3 bed (2 large beds + office), 2.5 bath home showcases meticulous attention to detail, from the hardwood flooring to its sleek high-end appliances. Experience urban serenity in this prime downtown location, where every finish reflects superior quality and modern design.

*ONE MONTH FREE RENT* - offering 1 month free on a 13 month lease. -Advertised rent shown is the net rent after discount

There is also a 4 bedroom home available for $3845

Want to buy in the future? LEASE PURCHASE option also available - lock in your price today for only 3% down

Additional Details
Account Type: Other
Total Unit Count: 1
Last Updated: Updated 21 hours ago
Contact Number: (800) 626-7079
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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 Brand New Construction Home In The South End, Downtown Memphis by bedroom type below.
3 Bedroom
Suggested income:
$116,100
per year
Rent report

Brand New Construction Home In The South End, Downtown Memphis Rent vs. Memphis Average

 Brand New Construction Home In The South End, Downtown Memphis      Memphis Average
3BR
$3,226
$1,383
$0
$1,050
$2,100
$3,150
$4,200

Brand New Construction Home In The South End, Downtown Memphis is asking 133% more than the average 3 bedroom apartment in Memphis.

If you upsized to an average priced Memphis 4 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Memphis 2 bedroom apartment, you would pay 24% less per month.

Brand New Construction Home In The South End, Downtown Memphis provides 9% more square footage than the average Memphis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Brand New Construction Home In The South End, Downtown Memphis
3BR $3,226 $2.20 $9,678
Memphis Average
Studio $1,082 $2.20 $3,246
1BR $995 $1.40 $2,985
2BR $1,118 $1.10 $3,353
3BR $1,383 $1.00 $4,149
4BR $1,687 $1.00 $5,060

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 884 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% 27% 46% 19% 4%
Available Units in Memphis
Studio 67
1BR 518
2BR 884
3BR 371
4BR 73
Location
Nearby Colleges

Southwest Tennessee Community College

University of Memphis

Nearby Hospitals
Name Distance
Regional One Health Extended Care Hospital 1.95 mi.
Regional One Health 1.99 mi.
Le Bonheur Children's Hospital 2.11 mi.
Nearby Fire Stations
Name Distance
Memphis Division Of Fire Services 1.18 mi.
Shelby Volunteer Fire Department 2.7 mi.
Rural/ Metro Fire Department Fed Ex Operation 5.18 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 1,500 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 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Brand New Construction Home In The South End, Downtown Memphis has a 3 bedroom unit starting at $3,226.
Where is this property located?
This property is at 703 Meditation Ln in Memphis, TN. It's 5.1 miles west from the center of Memphis.
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