Discover this stunning Studio apartment at 1162 Peabody Ave, Unit 101, situated in the heart of Memphis’s vibrant Downtown neighborhood. Tucked away in a brand-new, gated community, this residence combines modern luxury with unbeatable location.

Key... Features:

• Sleek, open-concept floor plan designed for comfort and style.

• High-end finishes including quartz countertops, LVP (luxury vinyl plank) flooring and designer touches throughout.

• Fully equipped kitchen with refrigerator, microwave, stove/oven and dishwasher.

• In-unit washer & dryer hookup (so no trips to the laundromat!).

• Gated, assigned parking for your convenience and peace of mind.

• Secure access to the building enhancing your safety and quiet enjoyment.

• Prime location: steps from Downtown’s best dining, entertainment and the Medical District.

We encourage you to view this property prior to applying. To schedule a viewing please call .
To apply for properties, please visit

Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home.

We are proud to offer:

24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most.

100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured.

Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal.

Rental Requirements:

-Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment)
-Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days)
-Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.)
-Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger)
-Preferred to have one year or more with current employer
-No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.)

***Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. ***

If you have any questions, give us a call at .

Please note that the home will be rented in as-is condition. Read More