Condo for rent

Pet friendly

Updated 4 Days Ago

123 S Court Ave #401
123 S Court Ave #401, Memphis, TN 38103, USA

Monthly rent	$2,390
Beds	2
Baths	2
Sqft	2,412

Monthly rent	$2,390
Beds	2
Baths	2
Sqft	2,412

Updated 4 Days Ago

Highlights

Pet Friendly

Rooftop terrace
Granite countertops
Exposed brick walls
Laundry room
Updated kitchen
Beautiful hardwood flooring

Location

123 S Court Ave #401, Memphis, TN 38103, USA

Tour 123 S Court Ave #401

Contact

901 Real Estate Services

(901) 231-6999

Property Overview

123 S Court Ave #401 offers updated finishes like granite countertops, exposed brick walls, beautiful hardwood flooring, and a rooftop terrace, with practical touches including a laundry room. Nearby schools are close, the home has abundant photos for a quick look, and its value per square foot ranks well above many nearby options, while the area also supports walkability, transit access, dining, cultural spots, parks, and pet services.

Things you’ll love

Elementary school nearby
High school nearby
Middle school nearby

Great for

Pet owners
Social life

Amenities for 123 S Court Ave #401

Features

Ceiling Fan	Hardwood Floor
High Ceilings	Walk-in Closet

Appliances

In-Unit Laundry	Refrigerator
Stainless Steel Appliances	Washer and Dryer

Community

Cats OK	Dogs OK
Elevator	Onsite Laundry

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 123 S Court Ave #401

Home

Apartments in Memphis

123 S Court Ave #401, Memphis, TN 38103, USA

**ONE MONTH FREE W/ 12-MONTH LEASE** This spacious 2 bedroom, 2 bathroom condo is located in the heart of Downtown Memphis and offers over 2,400 square feet of living space in a beautifully restored historic building with just five residences. With only one condo unit on each floor, the controlled-access elevator opens right outside your front door. Inside, you'll find soaring 12-foot ceilings, walls of windows, gorgeous antique hardwood flooring, exposed brick, and an open-concept layout filled with natural light. The expansive living room offers panoramic views of Court Square Park and the surrounding historic architecture, with plenty of room for both living and dining areas. The updated kitchen features granite countertops, stainless steel appliances, abundant cabinet space, and large pantries for storage. A dedicated laundry room provides additional convenience. Both bedrooms are generously sized and feature walk-in closets. Two full bathrooms and multiple additional closets throughout the home provide plenty of storage space. Residents enjoy access to a rooftop deck with spectacular views of Downtown Memphis. Pet friendly! Located in the Downtown Core, you'll be steps from Court Square, Main Street, restaurants, entertainment, sporting events, and everything Downtown Memphis has to offer. Parking is not included, but several nearby parking garages offer monthly parking passes. Professionally managed by 901 Real Estate Services *Additional fees may apply. Please see below. Some photos may be virtually staged.* *Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet; any fees associated with specific communities or buildings. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information.* **Avoid scams: We do not post our properties on Facebook Marketplace or and will never ask you to pay anything through CashApp, Zelle, or Venmo.** Appliances Included Beautiful Hardwood Flooring Ceiling Fan(s) Controlled Access Building Controlled Access Community Exposed Brick Walls Granite Countertops Historic Building Laundry Room Located Downtown Open Living/Dining Area Overlooks Park Pet Friendly Roof Top Terrace Updated Kitchen Walk In Closets

Property highlights

How 123 S Ct Ave, Memphis, TN 38103, USA compares to other nearby properties.

Positives

Elementary school nearby: There is an elementary school 0.2 mile away
High school nearby: There is a high school 1 mile away
Middle school nearby: There is a middle school 0.1 mile away
More space: The 2-bedroom is 975 sqft larger than other listings nearby
Elevator: Improved accessibility features
Images Available: There are at least 10 photos of this address
Walk-in closet: More closet space on average

Address details

Zip code	38103
Type	Condo for rent

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Rent trends in Memphis

2-bedroom apartments at 123 S Court Ave #401 cost about 150% more than the average rent price for 2-bedroom apartments in Memphis.

Median rents as of Sep 26 2026.

Memphis

A table of 2-bedroom apartment rental data trends in Memphis
Month	Median Rent
October 2024	$1,118
November 2024	$1,150
December 2024	$1,146
January 2025	$1,151
February 2025	$1,111
March 2025	$1,107
April 2025	$1,106
May 2025	$1,104
June 2025	$1,095
July 2025	$1,091
August 2025	$1,096
September 2025	$1,096
October 2025	$1,073
November 2025	$1,050
December 2025	$1,026
January 2026	$1,012
February 2026	$1,014
March 2026	$999
April 2026	$991
May 2026	$977
June 2026	$984
July 2026	$962
August 2026	$965
September 2026	$963

Affordability calculator

Can I afford to live at 123 S Court Ave #401?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$95,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $95,600 annually to afford this 2-bedrooms monthly rent price of $2,390.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 123 S Court Ave, Memphis, TN.
				Bath
	Last month	$2,440	2 bed	2 bath
	9 years ago	$2,000	2 bed	2 bath

Schools near 123 S Court Ave #401

Internet available near 123 S Court Ave #401

Getting around Memphis near 123 S Court Ave #401

Walking

7/10

Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10

This area is close to freeways and has adequate parking options.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

6/10

Frequent public transit options are within walking distance.

Points of interest for 123 S Court Ave #401, Memphis

Groceries

8/10

At least one supermarket within a 10-minute walk

Shopping

5/10

Several shops within walking distance

Cafes

6/10

Some cafés within a few minutes’ walk

Restaurants

7/10

Variety of restaurants within a few minutes' walk

Primary schools

10/10

At least one elementary school within a 5-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

6/10

Moderate amount of park space nearby

Nightlife

5/10

Some bars within a few minutes’ walk

Other units at this address

123 S Ct Ave, Memphis, TN

123 S Ct Ave Memphis, TN

Occupied

2 Beds, 2 Baths

2 Beds

2 Baths

2,412 sqft

$2,000

Hardwood Floor • Air Conditioning • Walk-In Closets • In-Unit Laundry • Dishwasher

Occupied

501

2 Beds

2 Baths

2,412 sqft

$2,340

Ceiling Fan • On-Site Laundry • High Ceilings • Hardwood Floor • Walk-In Closets • In-Unit Laundry

Listed by Maddie Shanklin

Days on market: 21

**ONE MONTH FREE W/ 12-MONTH LEASE** This spacious 2 bedroom, 2 bathroom condo offers over 2,400 square feet of living space in the heart of Downtown Memphis. Located in a beautifully restored historic building with just five residences, this unique home combines incredible space, historic character, and exceptional privacy. The expansive living and dining area features soaring 12-foot ceilings, antique hardwood flooring, exposed brick, and walls of windows overlooking Court Square Park and the surrounding historic architecture. The open kitchen includes granite countertops, stainless steel appliances, abundant cabinetry, and large pantries for additional storage. Both generously sized bedrooms feature walk-in closets. The primary bedroom includes a private en suite bathroom with a walk-in shower, while the second full bathroom features a shower/tub combo. Multiple closets throughout the condo offer even more storage, and a separate laundry room is also included. Furniture and artwork in the photos can stay or be removed. With only one residence per floor, the controlled-access elevator opens just outside your front door. Residents also enjoy access to a rooftop deck with incredible views of Downtown Memphis. One pet preferred, either a cat or small dog. Professionally managed by 901 Real Estate Services *Additional fees may apply. Please see below. Some photos may be virtually staged.* *Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet; any fees associated with specific communities or buildings. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information.* **Avoid scams: We do not post our properties on Facebook Marketplace or and will never ask you to pay anything through CashApp, Zelle, or Venmo.** Appliances Included Beautiful Hardwood Flooring Ceiling Fan(s) Controlled Access Building Controlled Access Community En Suite Master Bathroom Exposed Brick Walls Glassed In Shower Granite Countertops Historic Building Laundry Room Located Downtown Open Living/Dining Area Overlooks Park Pet Friendly Roof Top Terrace Shower/Tub Combo Updated Kitchen Walk In Closets