Last Updated: 11 Hrs. Ago

Monthly Rent

$1,600

Beds

3

Baths

1

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Prices and availability subject to change without notice.

Lease Terms

Contact office for Lease Terms

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • One-Time Basics
    • Due at Move-In
      • Security Deposit - Refundable
        Charged per unit.
        $1,600
        Charged per unit.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

About 229 Montelo Rd

Welcome home! This beautiful, 3 bedroom and 1 bath home is the one you've been seeking. It's newly renovated with a gorgeous kitchen containing stainless appliances, a farm sink and butcher block countertops. The large, fenced yard with exterior storage is located in an extremely desirable area of town just off Walnut Grove. Act fast...this one will not last long! 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 termination of application and complete forfeiture of application fee. ***

Newly Renovated Home in East Memphis is located in Memphis, Tennessee in the 38120 zip code.

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$1,805 / month $307,000 Listing Price
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$1,677 / month $285,000 Listing Price
3 Beds |1.5 Baths | 1,432 Sq Ft
$2,529 / month $399,000 Listing Price
3 Beds |2.5 Baths | 2,405 Sq Ft

Airport

  • Memphis International

    Drive: 20 min 13.5 mi

Commuter Rail

  • Central Station

    Drive: 22 min 11.7 mi

Universities

Parks & Recreation

  • Memphis Botanic Garden

    Drive: 11 min 4.5 mi
  • Shelby Farms Park

    Drive: 12 min 4.7 mi
  • Dixon Gallery and Gardens

    Drive: 9 min 4.8 mi
  • Lichterman Nature Center

    Drive: 10 min 5.1 mi
  • Pink Palace Museum

    Drive: 10 min 5.1 mi

Shopping Centers & Malls

Military Bases

Schools

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Ratings

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