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Foundation Property Management LLC
This property features a modern kitchen, central heating and air, and a spacious living area complemented by hard surface flooring. It offers a large backyard and is favorably located near top-rated schools and pet-friendly amenities. With 32 photos available, it provides a clear view of its value, ranking in the 85.71 percentile for value for money in the area.
Things you’ll love
Elementary school nearbyLess expensiveMiddle school nearbyGreat for
Pet ownersApartment Amenities
| Air Conditioning | Central Heat |
| Hardwood Floor | Window Coverings |
Building
| Cats OK | Dogs OK |
Grounds
| Outdoor Space |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Discover this beautiful Move-In Ready property proudly presented by FPM, where style meets comfort. HALF OFF 1st MONTHS RENT! Welcome to 1587 Cherry Road Unit 4, Memphis, TN 38117! Home Features: - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets - Range, Vent-A-hood and Refrigerator included - Central Heat & Air - Large backyard - Rear parking available 1587 Cherry Road Unit 4 is just w/in walking distance to Willow Oaks Elementary School. This property is also close to local restaurants, parks, retail establishments and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search
How 1587 Cherry Rd, Memphis, TN 38117, USA compares to other nearby properties.
Positives
| Neighborhood | Dunn Road |
|---|---|
| Zip code | 38117 |
| Type | House for rent |
2-bedroom apartments at 1587 Cherry Rd #4 cost about 18% less than the average rent price for 2-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| February 2024 | $1,007 |
| March 2024 | $1,003 |
| April 2024 | $1,024 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2025 | $1,100 |
| December 2025 | $1,100 |
| January 2026 | $1,100 |
Can I afford to live at 1587 Cherry Rd #4?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$36,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $950 | 2 bed | 1 bath | ||
| 6 months ago | $950 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath | ||
| 2 years ago | $925 | 2 bed | 1 bath |
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2 Beds
1 Bath
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Central Heat • Outdoor Space • Hardwood Floor • Air Conditioning
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