5+ Days Ago
Location
4015 Michael Rd, Memphis, TN 38116, USA|Cresent Avenue
Tour 4015 Michael Rd
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Advantage Property Management
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About 4015 Michael Rd
Welcome home to this beautifully updated 4-bedroom, 2-bath residence located on Michael Drive in Memphis. This spacious home offers plenty of room to spread out with a separate living room, cozy den, and dedicated dining room — perfect for both everyday living and entertaining. Inside, you’ll find newly refinished hardwood floors along with durable LVP flooring throughout, giving the home a clean, modern feel while maintaining its classic charm. The large separate laundry room provides extra storage and convenience. The home also features a covered rear carport with easy access from the back of the property. With its functional layout, updated flooring, and generous living spaces, this home is ideal for families or anyone looking for extra room and comfort. If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING 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 bankruptcy. ***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 t..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4015 Michael Road, Memphis, TN 38116, USA compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Cresent Avenue |
|---|---|
| Zip code | 38116 |
| Type | House for rent |
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Rent trends in Cresent Avenue
Median rents as of May 9 2026.
Cresent Avenue
Memphis
| Month | Median Rent |
|---|---|
| May 2024 | $1,395 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| September 2024 | $1,407 |
| October 2024 | $1,396 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,357 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,245 |
| July 2024 | $1,245 |
| April 2025 | $1,373 |
| May 2025 | $1,325 |
Affordability calculator
Can I afford to live at 4015 Michael Rd?
Bedrooms
4+ bedroomsRent-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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 4-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 years ago | $940 | 3 bed | 2 bath | ||
| 7 years ago | $940 | 3 bed | 2 bath | ||
| 7 years ago | $940 | 3 bed | 2 bath | ||
| 9 years ago | $850 | 3 bed | 2 bath | ||
| 12 years ago | $850 | 3 bed | 2 bath |
Schools near 4015 Michael Rd
Westhaven Elementary School
4585 hodge rd
memphis, TN, 38109
PK, K-5Public
C-
Geeter School
4649 horn lake rd
memphis, TN, 38109
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
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Internet available near 4015 Michael Rd
Neighborhood
Cresent Avenue | Memphis, TN
Getting around Memphis near 4015 Michael Rd
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 4015 Michael Rd, Memphis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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Crosstown
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Elvis Presley Boulevard / Laudeen Drive
Crosstown
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Crosstown
Other units at this address
4015 Michael Road, Memphis, TN
4015 Michael Road Memphis, TN
Occupied
3 Beds, 2 Baths
3 Beds
2 Baths
$940
Fireplace
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