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  • The Commonwealth

    240 Madison Ave, Memphis, TN 38103

    Apartment building
    1 bed
    Pet-friendly
    Attached garage
    Air conditioning (central)
    In-unit laundry (W/D)

    Available units

    Price may not include required fees and charges.
    Unit
    , sortable column
    Sqft, sortable columnAvailable, sortable columnBase rent, sorted ascending
    Unit 303
    1 bd, 1 ba
    621
    Now
    $1,295
    Unit 307
    1 bd, 1 ba
    621
    Now
    $1,295
    Unit 407
    1 bd, 1 ba
    621
    Now
    $1,295
    Unit 507
    1 bd, 1 ba
    621
    Now
    $1,295

    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
    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!
    Office hours
    DayOpen 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

    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 Paradise
    Transit Score®
     / 100
    Good Transit
    Bike Score®
     / 100
    Very Bikeable

    Nearby schools in Memphis

    Downtown Elementary School
    Grades PK-5 • 0.1 miles
    2/10
    GreatSchools® Rating
    Test Score Rating
    2/10
    Student Progress Rating
    2/10
    Memphis Grizzlies Preparatory Charter School
    Grades 5-8 • 0.3 miles
    7/10
    GreatSchools® Rating
    Test Score Rating
    4/10
    Student Progress Rating
    10/10
    Manassas High School
    Grades 9-12 • 2 miles
    3/10
    GreatSchools® Rating
    Test Score Rating
    1/10
    College Readiness Rating
    2/10
    Student Progress Rating
    5/10

    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.

    Powered by Zillow data and AI technology.

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    Frequently asked questions

    What is the walk score of The Commonwealth?

    The Commonwealth has a walk score of 91, it's a walker's paradise.

    What is the transit score of The Commonwealth?

    The Commonwealth has a transit score of 52, it has good transit.

    What schools are assigned to The Commonwealth?

    The schools assigned to The Commonwealth include Downtown Elementary School, Memphis Grizzlies Preparatory Charter School, and Manassas High School.

    Does The Commonwealth have in-unit laundry?

    Yes, The Commonwealth has in-unit laundry for some or all of the units.

    What neighborhood is The Commonwealth in?

    The Commonwealth is in the Downtown neighborhood in Memphis, TN.

    What are The Commonwealth's policies on pets?

    A maximum of 2 cats are allowed per unit. A maximum of 2 large dogs are allowed per unit.

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