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One-time.
One-time. Refundable.
No pets allowed.
Newly Renovated Duplex in South Memphis - MOVE IN PROMOTION: half off the first months rent ONLY if approved and lease signed by 10/31/22. We encourage you to view this property prior to applying. This is a two bedroom one bath duplex located in South Memphis. It has a new updated kitchen and bathroom and has central air and heat. Please note that due to the current rental housing shortage in the Memphis area the demand for our available homes is very high. The application review process is taking longer than normal. You should expect a response within 8-10 days. RENTAL REQUIREMENTS: 1-MUST MAKE 3 TIMES (INCOME AFTER DEDUCTIONS) THE RENT AS PROVEN INCOME EARNED. (IF MOVING FROM OUT OF STATE, YOU MUST SHOW OFFER LETTER FOR EMPLOYMENT) ***Paycheck stubs required as proof of income to be uploaded. We ask for the last 3 most recent paystubs.*** 2- PROVIDE MLGW BILL WITHIN LAST 30 DAYS. 3- PROVIDE THREE CONSECUTIVE MONTHS OF BANK STATEMENTS SHOWING DEPOSITS FROM AT LEAST TWO PAYROLL TRANSACTIONS. **Screen shots will not be accepted** Statement must be downloaded in FULL from bank and include all pages from the E-Statement. (All pages must be included.) 4- MUST HAVE 1 YEAR OR MORE RENTAL HISTORY WITH PROVEN VERIFICATION. 5- MUST HAVE 1 YEAR OR MORE WITH CURRENT EMPLOYER. 6- MUST VIEW THE HOME PRIOR TO APPLYING. 7- NO PRIOR EVICTIONS WITHIN THE PAST 5 YEARS. ( THIS INCLUDES RENTAL COLLECTIONS THAT HAVE BEEN PAID AND DISMISSED) 8- IF UNDER OR EVER FILED BANKRUPTCY, MUST BE AT LEAST 5 YEARS OLD AND CANNOT BE A CHAPTER 7, NOR FILED ON A LANDLORD. 9- NO FELONIES ON BACKGROUND. ***Failure to supply all necessary documents named above at time of submission will result in automatic cancellation/denial of your application and no refund will be given. *** ***Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. Please visit our website: www advantagepropertymgmt com to view photos or to apply for this home online. If you have any questions please feel free to contact our office at 901-560-7630. This homeowner has chosen to not be on the voucher program. Please note that the home will be rented in as in condition.
How 494 E Mallory Ave compares to other nearby properties.
Positives
| Neighborhood | Longview Heights Civic Club |
|---|---|
| Zip code | 38106 |
| Type | House for rent |
2-bedroom apartments at 494 E Mallory Ave cost about 23% less than the average rent price for 2-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| 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 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| Month | Median Rent |
|---|---|
| March 2025 | $975 |
| 3 years ago | $750 |
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