The Commonwealth is a gorgeous building in the heart of Downtown Memphis that seamlessly blends the historic with the modern. Amenities include a fitness center, pet wash station, communal indoor and outdoor spaces, a private garage, and MORE!
Apartment building
1 bed
Pet-friendly
Attached garage
Air conditioning (central)
In-unit laundry (W/D)
Available units
This listing now includes required monthly fees in the total monthly price.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Total monthly price, sorted ascending |
|---|---|---|---|
 Unit 302 1 bd, 1 ba | 680 | Now | $1,320 |
 Unit 303 1 bd, 1 ba | 621 | Now | $1,320 |
What's special
Fitness center
Hit the gym at home
This building offers a fitness center. Less than 16% of buildings in Memphis have this feature.
Private garage
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 8 am - 6 pm |
| Sat: | 11 am - 6 pm |
| Sun: | Closed |
Facts, features & policies
Building Amenities
Community Rooms
- Fitness Center
- Lounge
- Pet Washing Station
Other
- Laundry: In Unit
Outdoor common areas
- Patio
- Water Feature
Security
- Controlled Access
- Gated Entry
- Intercom
Services & facilities
- Bicycle Storage
- Elevator
- Online Maintenance Portal
- Online Rent Payment
- Spanish Speaking Staff
- Storage Space
View description
- City
Unit Features
Appliances
- Convection Oven
- Dishwasher
- Dryer
- Freezer
- Garbage Disposal
- Microwave Oven
- Oven
- Range
- Refrigerator
- Washer
Cooling
- Central Air Conditioning
Flooring
- Concrete
Heating
- Electric
Internet/Satellite
- High-Speed Internet Ready
Policies
Parking
- Attached Garage
- Covered Parking
- Detached Garage
- Multi-Level Garage
Lease terms
- Flexible
- Less than 1 year
- Monthly
- More than 1 year
- One year
- Six months
Pet essentials
- Small dogsAllowed
- Large dogsAllowedNumber allowed2
- CatsAllowedNumber allowed2
Neighborhood: Downtown
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
Walker's ParadiseTransit Score®
/ 100
Good TransitBike Score®
/ 100
Very BikeableNearby schools in Memphis
Downtown Elementary School
Grades PK-5 • 0.1 miles2/10
GreatSchools® Rating
Test Score Rating
2/10Student Progress Rating
2/10Memphis Grizzlies Preparatory Charter School
Grades 5-8 • 0.3 miles7/10
GreatSchools® Rating
Test Score Rating
4/10Student Progress Rating
10/10Manassas High School
Grades 9-12 • 2 miles3/10
GreatSchools® Rating
Test Score Rating
1/10College Readiness Rating
2/10Student Progress Rating
5/10Living in Memphis
- Dining SceneExplore a diverse array of restaurants offering everything from Southern comfort food to international cuisine.
- Green SpacesEnjoy the nearby parks that provide a refreshing escape amidst the urban landscape.
- Nightlife HubDiscover a vibrant nightlife with numerous bars, live music venues, and entertainment options to choose from.
- Urban EnergyExperience the lively atmosphere of downtown Memphis, filled with energy from bustling streets and local events.
The 38103 zip code, located in downtown Memphis, offers a vibrant urban lifestyle with a strong sense of community. Residents enjoy convenient access to a variety of grocery stores, coffee shops, and restaurants, creating a lively dining scene. The area features several parks and green spaces, perfect for outdoor activities and leisurely strolls. With a median rent of approximately $1,650, rental prices typically range from $1,200 to $2,500. The rich cultural heritage is evident in the local arts scene, while nightlife options abound, including live music venues and trendy bars.
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Frequently asked questions
The Commonwealth is located at 240 Madison Ave in Downtown, Memphis, TN. The surrounding area includes approximately 20 restaurants and cafes within 1 mile, such as Boycott Coffee, Crazy Gander Coffee Company, and Maciel's Tortas & Tacos.
The nearest public transit stop is Main Street Trolley, approximately 0.4 miles away.
The Commonwealth is located within 0.2 miles of Envision Memphis, 0.3 miles of The Peabody Rooftop, and 0.4 miles of World Famous Beale Street.
The Commonwealth is located near 3 grocery stores, including 0.3 miles from City Market Groceries & Deli, 0.3 miles from The Peanut Shoppe, and 0.4 miles from Beale Sweets Sugar Shack. Additional shopping options, including Lansky Lucky Duck Gifts, are approximately 0.2 miles away.
The total price for an apartment unit in The Commonwealth is $1,320. The total price will vary by floor plan, unit size, and unit amenities.
The closest hospitals and medical facilities to The Commonwealth include Care Memphis Clinic (0.6 miles away), St. Jude Children's Research Hospital (0.8 miles away), and Le Bonheur Children's Hospital (0.9 miles away).
The Commonwealth is near approximately 20 restaurants within 1 mile, including Boycott Coffee (0 miles away), Crazy Gander Coffee Company (0.2 miles away), and Maciel's Tortas & Tacos (0.3 miles away).
The schools assigned to The Commonwealth include Downtown Elementary School, Memphis Grizzlies Preparatory Charter School, and Manassas High School.
