2040 RIDGEWAY RD
Memphis, TN, 38119 $ 359,000
Bedrooms4 Baths2.1 Sq 2,798 Monthly Estimate*
$ 2,267
for $359,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,798 square foot home was built in 1968 on a lot size of 0.34.
FULLY RENOVATED IN BALMORAL ESTATES! This 4-bedroom, 2.5-bath home offers 2,798 square feet, an in-ground pool, and a two-car side-load garage. The main level includes separate living, dining, and den spaces plus a mudroom. The renovated kitchen features white stone countertops, an enlarged island, farmhouse sink, stainless steel appliances, pantry storage, and updated cabinet hardware. Both full baths were renovated, including an expanded primary bath with a tiled shower and glass enclosure. Other 2026 updates include new LVP flooring, fresh interior and exterior paint, new lighting and fixtures, updated doors, fencing, landscaping, and pool improvements. Major system information: roof less than 5 years old, 2023 Trane A/C condenser, 2016 Tempstar gas furnace, and 2019 Rheem gas water heater. The fenced backyard also offers covered and uncovered patios plus a workshop/storage building. Convenient East Memphis location near shopping, dining, and major roads. Book your tour today!
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FeaturesGeneralHeating Central
Cooling 220 Wiring Central
Roof Composition Shingles
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 1
Other Rooms Laundry Room Storage Room
Legal Subdivision Name BALMORAL ESTATES
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Area 783B Massey/Kirby/Ridgeway
Parcel Number 081012 00030
Sale/Rent For Sale
Status Detail 0
Year Built 1968
Directions From Park Ave go south on Ridgeway Rd. Continue past Quince Rd. Property is on the left side of Ridgeway Rd across from Ridgeway High School.
City Memphis
DOM 106
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InteriorDining Room 12x14
Living Room Eat-In Kitchen Island In Kitchen Pantry Separate Den Separate Dining Room Separate Living Room
Kitchen Dimensions 18x12
Beds 4
Total Baths 2.1
Fireplace In Den/Great Room Masonry
Number of Rooms 8
Downstairs Bedrooms 0
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ExteriorFoundation Slab
Pool In Ground
Lot 6
Lot Size Area 0.34
Water & Sewer Public Sewer Public Water
Lot Size 103X150
Lot Description Wood Fenced
Misc. Exterior Wrought Iron Security Drs Storage Building Porch Patio Covered Patio Sidewalks
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,267
- Monthly Property Taxes
- $417
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Memphis, TN
Average List Price $233,047
Percent of Sale Price 35%
About Memphis, TN 651,785 Population
-6% Since 2002
$ 38,338 Median Income
35.39 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $359,000 | -2.71% | Price Down |
| 9/3/2026 | $369,000 | -2.64% | Price Down |
| 8/16/2026 | $379,000 | -2.57% | Price Down |
| 7/29/2026 | $389,000 | -2.51% | Price Down |
| 7/7/2026 | $399,000 | -3.27% | Price Down |
| 6/17/2026 | $412,500 | | Listed Price |