320 W PEG LN Memphis, TN $ 328,500
320 W PEG LN
$ 328,500
Recently Listed
Open House 3/1 1:30pm - 3pm
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320 W PEG LN

Memphis, TN, 38117
$ 328,500
Bedrooms3 Baths2.0 Sq 1,714

Monthly Estimate*

$ 2,023

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Single Family Home for sale in Memphis, TN

for $328,500 with 3 bedrooms and 2 full baths. This 1,714 square foot home was built in 1961 on a lot size of 0.23.

Prime East Memphis, brick, single level home in a highly sought after neighborhood with award winning schools. Nestled between Mendenhall and White Station Roads and just North of Walnut Grove, you will be just 20 minutes from everything! This beautifully, recently renovated 3 bedroom, 2 bath property features a newer roof and HVAC, a large modern kitchen with new hard marble counters and plenty of cabinet space, 2 completely remodeled baths, smooth ceilings, recessed lighting inside and out, a large laundry room with new washer and dryer, and a spacious den with a wood burning fireplace. A generous, fenced and private backyard with deck and storage shed is perfect for relaxing or entertaining. This home has been thoughtfully and beautifully renovated with modern finishes and features. Includes 1 year home warranty. This opportunity will not last. Schedule a showing today!

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Open House

3/1/2026 1:30 PM - 3:00 PM
320 W PEG LN Memphis, TN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 328,500

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 3,304

Style

Ranch,Traditional

Lot Size

0.23

Year Built

1961

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10215406

Features
General
Heating Central Gas
Cooling Central
Roof Composition Shingles
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 0
Other Rooms Laundry Room Entry Hall Attic
Legal Subdivision Name MENDENHALL ACRES FIRST ADDITION
Style Ranch Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 756A White Station
Parcel Number 064011 00024
Sale/Rent For Sale
Status Detail 0
Year Built 1961
Directions Head north on Mendenhall Road from Walnut Grove then right (east) on Chickasaw Road then left (north) on West Peg Lane. Home is on the right.
City Memphis
DOM 0
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Interior
Dining Room 11x10
Living Room Separate Living Room Separate Dining Room Separate Den Updated/Renovated Kitchen
Kitchen Dimensions 14X10
Beds 3
Total Baths 2
Fireplace In Den/Great Room
Number of Rooms 10
Downstairs Bedrooms 3
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Exterior
Foundation Slab
Pool None
Lot 67
Lot Size Area 0.23
Water & Sewer Gas Water Heater Public Sewer Public Water
Lot Size 80X130
Lot Description Level Professionally Landscaped Wood Fenced
Misc. Exterior Storage Building Deck Well Landscaped Grounds Wood Fence Sidewalks
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* Excluded Features
List By
901, Realtors

Broker

Affordability Calculator

$2,298
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,023
Monthly Property Taxes
$275
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$328,500 Listed Price

Map


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320 W PEG LN, Memphis, TN, 38117 is a Single Family Home for sale at $328,500 with 1,714 sqft and a lot size of 0.23. 320 W PEG LN has 3 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 38117 which is in Memphis, TN