Photos
About The Commonwealth
Drawing inspiration from the building’s previous incarnations, the redevelopment breathes a new life into the building as a multifaceted development, uniting Memphians with a common interest. We are delighted to offer forty apartments, commercial offices, a number of amenities at street-level, and space for collaboration and congregation. The Commonwealth has modern kitchens & baths, in-unit laundry, wide open spaces and stately windows. Each unit has original floors, functional windows, authentic plaster & brick walls, unique structural ceilings & columns. The Commonwealth offers private, on-site parking, Indoor & outdoor gathering places, and is equipped with multiple high-speed, smart elevators. On-site storage, a bike shed, a fitness room and a dog wash area are available for all residents.
The Commonwealth is located in the Downtown Memphis Neighborhood and 38103 Zip code of Memphis, TN. This community is professionally managed by Left Field Properties
Property Contact Info
Floorplan Pricing and Availability
The Commonwealth offers Studio apartments starting from $1,095 and having 541 sq ft. Here is the current pricing and availability:
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$1,095
The Townsend
Studio, 1 Bath, 541 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $1,095 Available Now The Townsend 541 sq ft Model Amenities and Features
Features
- Air Conditioning
- Heating
- High Speed Internet Access
- Smoke Free
- Storage Space
- Tub/Shower
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Eat-in Kitchen
- Ice Maker
- Island Kitchen
- Kitchen
- Microwave
- Pantry
- Range
- Refrigerator
Model Rent and Fees
Price
- $1,095
Schedule a Tour
Property Information
- 40 Units
- 8 Stories
- Built in 2018
- View Property Website
Lease Terms
- 1-2 years
Utilities Included
- Trash Removal
- Sewer
- Water
Pet Policy
Pet Policy - Cats
- $200 Fee
- 2 Pet Limit
- $25 Monthly Pet Rent
Pet Policy - Dogs
- $200 Fee
- 60 Lb Weight Limit
- $25 Monthly Pet Rent
- 2 Pet Limit
Parking Fees & Info
Parking Garage
- Garage Fee: $39 To $120 /Mo
Storage Fees & Info
Storage Unit
- $50/MO
Fee & Deposit Info
Recurring Fees
- $39 Garage Fee
One-Time Fees
- $50 Application Fee
3D Tours
Features and Amenities
On-Site Services
- Pet Washing Station
- Hearing Impaired Accessible
- Health Club Discount
- Recycling
- 24 Hour Access
- Key Fob Entry
Community Features
- Multi Use Room
- Vintage Building
- Elevator
Outdoor Features
- Grill
- Courtyard
- Controlled Access
Recreation and Fitness
- Fitness Center
- Bicycle Storage
Interior Features
- Storage Space
- Security System
- Heating
- Tub/Shower
- High Speed Internet Access
- Trash Compactor
- Cable Ready
- Washer/Dryer Hookup
- Washer/Dryer
- Air Conditioning
- Wi Fi
- Wheelchair Accessible (Rooms)
- Smoke Free
Kitchen Amenities
- Oven
- Pantry
- Island Kitchen
- Range
- Refrigerator
- Disposal
- Freezer
- Dishwasher
- Eat In Kitchen
- Microwave
- Stainless Steel Appliances
- Ice Maker
- Instant Hot Water
- Kitchen
- Granite Countertops
Living Area Features
- Walk In Closets
- Dining Room
- Double Pane Windows
- Office
- Views
- Window Coverings
Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation
Map
Hours and Contact Info
| Monday | 9:00 am–6:00 pm |
| Tuesday | 9:00 am–6:00 pm |
| Wednesday | 9:00 am–6:00 pm |
| Thursday | 9:00 am–6:00 pm |
| Friday | 9:00 am–6:00 pm |
| Saturday | 10:30 am–6:00 pm |
| Sunday | Closed |
Getting Around
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about The Commonwealth
Where is The Commonwealth located?
The Commonwealth is located at 240 Madison Ave near the Downtown Memphis area of Memphis, TN
What is the current rent range at The Commonwealth?
Studio at The Commonwealth is $1,095. Call today for more info!
When is the leasing office open?
- The office Hours for The Commonwealth are
- Monday 9:00 am–6:00 pm
- Tuesday 9:00 am–6:00 pm
- Wednesday 9:00 am–6:00 pm
- Thursday 9:00 am–6:00 pm
- Friday 9:00 am–6:00 pm
- Saturday 10:30 am–6:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Downtown Elementary
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Commonwealth.
Arts Museums and Landmarks
Big Box and Retail
Colleges and Universities
Groceries
Hospitals
Military Bases
Parks and Recreation
The Commonwealth has 3 parks within 7.7 miles, including Overton Park, Graceland, and Memphis Botanical Gardens.
Shopping Centers
The Commonwealth has 5 shopping centers within 0.6 miles.
Transit Stations
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,188 | $560 | $8,000 |
| Memphis 1 Bedroom Apartments | $1,325 | $200 | $6,798 |
| Memphis 2 Bedroom Apartments | $1,511 | $499 | $7,465 |
| Memphis 3 Bedroom Apartments | $1,893 | $789 | $7,928 |
| Memphis 4 Bedroom Apartments | $2,079 | $599 | $7,140 |
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