House for rent

5+ Days Ago

408 S Parkway E
408 S Parkway E, Memphis, TN 38106, USA

Monthly rent	$625
Beds	1
Baths	1
Sqft	–

Monthly rent	$625
Beds	1
Baths	1
Sqft	–

5+ Days Ago

Highlights

3 exceptional customer service
21 dedicated staff

Location

408 S Parkway E, Memphis, TN 38106, USA|South Memphis Citizens United for Action

Tour 408 S Parkway E

Contact

Advantage Property Management

(901) 347-3148

Policies and fees

Contact for more information on pet policy.

About 408 S Parkway E

Home

Houses in Memphis

408 S Parkway E, Memphis, TN 38106, USA

Step into comfort with this charming and updated 1-bedroom, 1-bathroom duplex that perfectly blends modern finishes with homey vibes. Ideal for singles or couples, this space offers both style and functionality! 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 We encourage you to view this property prior to applying. To schedule a viewing please call 901-347-3148. To apply for properties, please visit www advantagepropertymgmt com 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 901-347-3148. Please note that the home will be rented in as-is condition.

Property highlights

How 408 S Parkway E compares to other nearby properties.

Positives

Elementary school nearby: There is an elementary school 0.2 mile away

Address details

Neighborhood	South Memphis Citizens United for Action
Zip code	38106
Type	House for rent

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Rent trends in South Memphis Citizens United for Action

Median rents as of Sep 6 2025.

South Memphis Citizens United for Action

Memphis

A table of 2-bedroom apartment rental data trends in Memphis
Month	Median Rent
September 2023	$997
October 2023	$997
November 2023	$996
December 2023	$1,000
January 2024	$1,010
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	$1,095

A table of 2-bedroom apartment rental data trends in South Memphis Citizens United for Action
Month	Median Rent
September 2023	$675
October 2023	$675
November 2023	$608
December 2023	$666
January 2024	$875
February 2024	$875
March 2024	$894
April 2024	$917
May 2024	$933
June 2024	$855
July 2024	$806
August 2024	$750
September 2024	$736
October 2024	$711
November 2024	$706
December 2024	$723
January 2025	$736
February 2025	$750
March 2025	$890
April 2025	$832
May 2025	$844
June 2025	$788
July 2025	$710
August 2025	$712
September 2025	$800