Our community offers luxury studio, one-, and two-bedroom apartment homes designed with modern finishes, open-concept layouts, spacious living areas, and well-appointed kitchens to provide both comfort and style. The community also features corporate furnished apartment options and flexible short-term leases, delivering convenience and elevated living for a variety of lifestyle needs.
At 240 Flats, we offer a wealth of community amenities to pair with your life style. From a sparkling, resort-style swimming pool to a fully equipped fitness center and yoga room, availiable any time of day, you'll love living at 240 Flats! For your convenience, we have a knowledgeable and friendly on-site management staff and a capable maintenance team who work in tandem to help you with your needs. Put your mind at ease and come home to our gated community with controlled access.
Special offer
Apartment building
Studio-2 beds
Pet-friendly
Available units
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
 Unit 1186-106 Studio, 1 ba | 354 | Oct 10 | $999 |
 Unit 5851-102 1 bd, 1 ba | 417 | Now | $1,099 |
Unit 5851-208 1 bd, 1 ba | 417 | Nov 10 | $1,099 |
Unit 5840-101 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-102 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-103 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-104 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-105 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-106 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-107 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-108 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-109 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-110 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-111 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
Unit 5840-112 1 bd, 1 ba | 417 | Dec 1 | $1,099 |
What's special
Swimming pool
Cool down on hot days
This building features access to a pool. Less than 15% of buildings in Memphis have this amenity.
Sparkling resort-style swimming poolOpen-concept layoutsModern finishesWell-appointed kitchens
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 9 am - 5 pm |
| Sat: | 10 am - 4 pm |
| Sun: | Closed |
Property map
Tap on any highlighted unit to view details on availability and pricing
Use ctrl + scroll to zoom the map
Facts, features & policies
Building Amenities
Community Rooms
- Conference Room
- Fitness Center: 24-Hour Fitness Center
Other
- Swimming Pool
Outdoor common areas
- Picnic Area: Picnic Area - BBQ Grills
Security
- Gated Entry: Controlled Access
Services & facilities
- Package Service
Unit Features
Other
- Furnished
Policies
Lease terms
- 3-16
Pet essentials
- Tiny dogsAllowedNumber allowed2Monthly dog rent$300One-time dog fee$35
- Small dogsAllowedNumber allowed2Monthly dog rent$300One-time dog fee$35 – $70
- Medium dogsAllowedNumber allowed2Monthly dog rent$300One-time dog fee$35
- Tiny catsAllowedNumber allowed2Monthly cat rent$300One-time cat fee$35 – $70
- Small catsAllowedNumber allowed2Monthly cat rent$300One-time cat fee$35
- Medium catsAllowedNumber allowed2Monthly cat rent$300One-time cat fee$35
Restrictions
Pet restrictions apply. Please call for details.
Special Features
- Group Excercise: Yoga Studio
- Pick Ball Court
Neighborhood: River Oaks-Kirby-Balmoral
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
/ 100
Car-DependentTransit Score®
/ 100
Some TransitBike Score®
/ 100
Somewhat BikeableNearby schools in Memphis
Ridgeway/Balmoral Elementary School
Grades K-5 • 1.6 miles6/10
GreatSchools® Rating
Test Score Rating
5/10Student Progress Rating
6/10Ridgeway Middle School
Grades 6-8 • 1.9 miles3/10
GreatSchools® Rating
Test Score Rating
1/10Student Progress Rating
5/10Ridgeway High School
Grades 9-12 • 1.1 miles4/10
GreatSchools® Rating
Test Score Rating
2/10College Readiness Rating
2/10Student Progress Rating
6/10Living in Memphis
- Community VibeA strong sense of community is evident through local events and gatherings that bring residents together.
- Dining SceneAn eclectic mix of eateries offers something for everyone, from casual cafes to fine dining options.
- Family VibesThe neighborhood is ideal for families, featuring parks and recreational areas perfect for weekend outings.
- Green SpacesWell-kept parks and open areas provide a tranquil escape and a place for outdoor activities.
The 38119 area offers a vibrant mix of suburban charm and urban conveniences, characterized by its well-maintained parks and family-friendly amenities. With a median rent of approximately $1,800, this neighborhood features a variety of grocery stores, local coffee shops, and an array of restaurants that cater to diverse tastes. Outdoor enthusiasts can enjoy the nearby Shelby Farms Greenline for biking and walking, while a lively dining scene ensures plenty of options for a night out. The community is pet-friendly, making it easy for residents to explore the many green spaces with their furry companions.
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Frequently asked questions
240 Flats is located at 1170 Ascend Dr in River Oaks-Kirby-Balmoral, Memphis, TN. The surrounding area includes approximately 20 restaurants and cafes within 1 mile, such as River Oaks Restaurant, Provisions Market, and Nothing Bundt Cakes.
The nearest public transit stop is Memphis Charter Bus Company, approximately 0.2 miles away.
240 Flats is located within 0.3 miles of Crystal Shrine Grotto, 0.3 miles of Passons Eye Center, and 0.3 miles of Memorial Park Funeral Home & Cemetery.
240 Flats is located near 3 grocery stores, including 0.1 miles from Buster's Wine & Liquor, 0.3 miles from Poplar Pointe, and 0.5 miles from GNC. Additional shopping options, including Best Buy, are approximately 0.1 miles away.
The total price for an apartment unit in 240 Flats ranges from $999 to $1,499. The total price will vary by floor plan, unit size, and unit amenities.
The closest hospitals and medical facilities to 240 Flats include Saint Francis Hospital (0.3 miles away), Eye Specialty Group - Memphis Office (0.4 miles away), and Prime Medical (0.4 miles away).
240 Flats is near approximately 20 restaurants within 1 mile, including River Oaks Restaurant (0.1 miles away), Provisions Market (0.2 miles away), and Nothing Bundt Cakes (0.3 miles away).
The schools assigned to 240 Flats include Ridgeway/Balmoral Elementary School, Ridgeway Middle School, and Ridgeway High School.
There are 6+ floor plans availableWith 89% more variety than properties in the area, you're sure to find a place that fits your lifestyle.
