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Meridian Property Management, LLC - MFR
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The Residence - Bldg 25 is a highly rated property (8.5/10 overall) with excellent value for money, a premier amenities package, and a convenient location near a top-rated elementary school. Central heat and air, on-site parking, an updated kitchen, a modern full bathroom, in-home laundry, and pet-friendly policies support comfortable day-to-day living. Its vibrant surroundings—with abundant restaurants, event hubs, mixed-use spaces, and diverse age groups—make it particularly appealing for those who prioritize an active social life.
Things you’ll love
Elementary school nearbyOutdoor spaceGreat for
Social life| 2BR/1.0BA | 2 bed | 1 bath | 750 sqft | $1,250 /mo | 1 unit available | Find your fresh start at The Residence, perfectly situated in the heart of Midtown Memphis—one of the city’s most vibrant and walkable neighborhoods. Here, convenience and culture come together, placing you just steps away from everything that makes Memphis living exciting and effortless. Step outside your door and immerse yourself in Midtown’s best—local restaurants, cozy coffee shops, unique boutiques, live music, and energetic nightlife. Whether you’re grabbing your morning coffee, meeting friends for dinner, or exploring the local scene, everything you need is just minutes away. With quick access to Downtown Memphis and major roadways, commuting and getting around the city is quick and convenient. At the same time, Midtown offers that true neighborhood feel—tree-lined streets, local charm, and a welcoming community that makes it easy to feel right at home. Apartment Features • Two spacious bedrooms filled with natural light • Modern full bathroom • Updated kitchen with contemporary appliances and ample cabinet space • Comfortable living area ideal for relaxing or entertaining • Central heat and air • Washer and dryer included Community Perks • On-site parking • Walkable Midtown location near dining, cafés, shopping, and nightlife • Easy access to Downtown Memphis and major roadways Pet-Friendly Community • $300 nonrefundable pet deposit per pet • $30 monthly pet rent per pet • 60 lb weight limit (breed restrictions apply) Special Discounts We proudly offer discounts for first responders and military members—call us today to learn more and see how you can save! Spring Move-In Special — Ends 5/15/26 Sign by May 15th to receive 50% off June & July rent. Limited availability. 13+ month lease required Pricing Rent: $1,250/month Security Deposit: $500 Application Fee: $50 On-Site Leasing Hours Monday: 1:00 PM – 5:00 PM Wednesday: 8:00 AM – 5:00 PM Friday: 8:00 AM – 5:00 PM Opportunities like this in Midtown don’t last long—live where everything is happening while still enjoying the comfort of home. Call or text (901) 341-0347 today to schedule your tour and learn more! |
Let's explore this property.
Apartment Amenities
| Downstairs | Kitchen Island |
| Tile Backsplash |
Appliances
| Appliances Included | In-Unit Laundry |
| Washer and Dryer |
Building
| Controlled Access |
Grounds
| Assigned Parking | Courtyard |
| Gated Community | Outdoor Space |
Services
| On-Site Management |
Neighborhood
| Close to Dining | Close to Entertainment |
| Convenient Location |
Other
| Move In Specials | New Management |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Units | 10 |
|---|
Find your fresh start at The Residence, perfectly situated in the heart of Midtown Memphis—one of the city’s most vibrant and walkable neighborhoods. Here, convenience and culture come together, placing you just steps away from everything that makes Memphis living exciting and effortless. Step outside your door and immerse yourself in Midtown’s best—local restaurants, cozy coffee shops, unique boutiques, live music, and energetic nightlife. Whether you’re grabbing your morning coffee, meeting friends for dinner, or exploring the local scene, everything you need is just minutes away. With quick access to Downtown Memphis and major roadways, commuting and getting around the city is quick and convenient. At the same time, Midtown offers that true neighborhood feel—tree-lined streets, local charm, and a welcoming community that makes it easy to feel right at home. Apartment Features • Two spacious bedrooms filled with natural light • Modern full bathroom • Updated kitchen with contemporary appliances and ample cabinet space • Comfortable living area ideal for relaxing or entertaining • Central heat and air • Washer and dryer included Community Perks • On-site parking • Walkable Midtown location near dining, cafés, shopping, and nightlife • Easy access to Downtown Memphis and major roadways Pet-Friendly Community • $300 nonrefundable pet deposit per pet • $30 monthly pet rent per pet • 60 lb weight limit (breed restrictions apply) Special Discounts We proudly offer discounts for first responders and military members—call us today to learn more and see how you can save! Spring Move-In Special — Ends 5/15/26 Sign by May 15th to receive 50% off June & July rent. Limited availability. 13+ month lease required Pricing Rent: $1,250/month Security Deposit: $500 Application Fee: $50 On-Site Leasing Hours Monday: 1:00 PM – 5:00 PM Wednesday: 8:00 AM – 5:00 PM Friday: 8:00 AM – 5:00 PM Opportunities like this in Midtown don’t last long—live where everything is happening while still enjoying the comfort of home. Call or text (901) 341-0347 today to schedule your tour and learn more!
How The Residence - Bldg 25 compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at The Residence - Bldg 25 cost about 28% more than the average rent price for 2-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,203 |
| April 2026 | $1,193 |
| May 2026 | $1,181 |
Can I afford to live at 25 S Morrison St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$50,000/yr
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Binghampton-Lester • 2540 Broad Ave
1–2 Beds
$1,263–$3,381
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
University of Memphis • 274 S Highland St
1 Bed
$999
125 Gayoso Ave
1–2 Beds
$1,260–$2,010
One Dr. Martin Luther King Jr. Ave
1–2 Beds
$1,280–$6,166
Central Gardens • 1835 Union Ave
1–2 Beds
$1,077–$3,565
Binghampton-Lester • 2540 Broad Ave
1–2 Beds
$1,263–$3,381
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
University of Memphis • 274 S Highland St
1 Bed
$999
125 Gayoso Ave
1–2 Beds
$1,260–$2,010
One Dr. Martin Luther King Jr. Ave
1–2 Beds
$1,280–$6,166
Central Gardens • 1835 Union Ave
1–2 Beds
$1,077–$3,565
