Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 2-bathroom rental home in Memphis, TN, could be just what you're looking for. Hardwood flooring is easy to love and simple to match with your decor. See the pictures to learn more. And apply soon - homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about pre-leasing on the Pre-Leasing page of the FirstKey Homes website. This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see the Rental Fees page on the FirstKey Homes website. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent; you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities (including St. Louis and Chicago) require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through Craigslist, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ. Contact us to schedule a showing.
In-unitDishwasher, Hardwood flooring, Air conditioning
Dishwasher
Hardwood flooring
Air conditioning
Ceiling Fan(s)
Microwave
View
CommunityPet Friendly
Pet Friendly
Around 4586 Monaco Rd
Schools Near 4586 Monaco Rd
K - 12
Preschool & daycare
4/10
Sherwood Elementary School
Public, PreK-5 • Assigned • 1.7mi
6/10
Colonial Middle School
Public, 6-8 • Assigned • 0.5mi
3/10
Overton High School
Public, 9-12 • Assigned • 0.8mi
Provided by GreatSchools
About Colonial
Acres
Colonial Acres, located between East Parkway and I-240, is a residential and mid-century Memphis neighborhood with ranch-style streetscapes and a leafy, park-adjacent feel. The neighborhood’s character concentrates around the Park Avenue and Getwell Road corridor, where low-slung storefronts, local eateries, and everyday services set a steady, lived-in rhythm. Housing leans toward brick one-stories and tidy lots, with curving blocks that soften traffic and add a suburban cadence inside the city. The edge of the area ties into the green expanse of Audubon Park and the Memphis Botanic Garden for long walks and open lawns. Nearby anchors like the Dixon Gallery & Gardens and Theatre Memphis add a cultural counterpoint to the quiet blocks. Errands and dining cluster along Park and Poplar, keeping the geography practical without changing the calm tone.
Provided by Walk Score and Local Logic
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47°
30°
57°
38°
72°
50°
78°
58°
79°
63°
88°
72°
92°
77°
90°
71°
88°
68°
76°
58°
66°
49°
54°
40°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Sun exposure
In this area, properties receive around 10.5 hours in
June and 4.8 hours in December, placing it above the
U.S. average for solar exposure.
This property is priced $71 below the rental estimate which makes this a great deal!
Asking rent
$1,600
Rental estimate
$1,671
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 4586 Monaco Rd
Sale History
Tax History
Date
Event
Price
RENTLY
Nov 6, 2026
Price Changed
$1,600
$1/sq ft
Nov 5, 2026
Price Changed
$1,611
$1/sq ft
Nov 5, 2026
Listed for Rent
$1,600
$1/sq ft
RENTLY #4
Dec 7, 2024
Rental Removed
$1,340
$1/sq ft
Nov 29, 2024
Price Changed
$1,340
$1/sq ft
Nov 14, 2024
Listed for Rent
$1,370
$1/sq ft
RENT. #3
Dec 5, 2024
Rental Removed
$1,340
$1/sq ft
Nov 28, 2024
Price Changed
$1,340
$1/sq ft
Nov 14, 2024
Listed for Rent
$1,370
$1/sq ft
RENT. #2
Sep 22, 2024
Rental Removed
$1,370
$1/sq ft
Aug 22, 2024
Listed for Rent
$1,465
$1/sq ft
RENTLY #1
Oct 6, 2024
Rental Removed
$1,370
$1/sq ft
Sep 19, 2024
Price Changed
$1,370
$1/sq ft
Sep 16, 2024
Listed for Rent
$1,425
$1/sq ft
Aug 29, 2024
Rental Removed
$1,465
$1/sq ft
Aug 22, 2024
Price Changed
$1,465
$1/sq ft
Aug 21, 2024
Listed for Rent
$1,505
$1/sq ft
Memphis Area Association of Realtors(R) MLS #10003683
Jul 6, 2017
Sold
$115,000
$82/sq ft
Jun 1, 2017
Listed
$119,750
$85/sq ft
+10
Call me today for your private viewing of this newly renovated thru out in neutral gray and white 3 bedroom 2 bath located in Colonial Acres. It features formal living room, dining area and a huge den. The back yard is perfect for your next gathering.
Public Records
Feb 28, 2017
Sold
$66,675
$47/sq ft
Public Records
Jan 7, 2015
Sold
$105,900
$75/sq ft
Memphis Area Association of Realtors(R) MLS #3287023
May 16, 2014
Sold
$63,500
$45/sq ft
Dec 13, 2013
Listed
$72,000
$51/sq ft
+17
Hardwood flooring, 2 full baths, large closets, central heat/air, dishwasher, refrigerator (stays). Formal dining room and large den area. Large fully fenced yard w/ some trees and large patio area & storage bldg. SOLD AS IS
All information is deemed reliable but not guaranteed. Redfin and its affiliates may receive compensation if you contact a rental property or sign a lease.
4586 Monaco Rd is a 1406 square foot property with 3 bedrooms and 2 bathrooms. We estimate that 4586 Monaco Rd would rent between $1,671 / mo.4586 Monaco Rd is located in Memphis, the 38117 zipcode, and the Memphis-Shelby County Schools.