# 3814 CARAVEL Dr, Memphis, TN 38115

> **TL;DR:** 3bd/2ba single family, $165,000 ($130/sqft), built 1980, 1,271 sqft.
> Fireplace, A/C, 2-car garage. Est. $882/mo. Listed 15 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $165,000 |
| Price/sqft | $130 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,271 |
| Year Built | 1980 |
| Lot Size | 8,276 sqft (0.19 acres) |
| Stories | 1 |
| Garage | 2-car |
| Property Type | Single Family (Other) |
| Status | Active |
| Days on Market | 15 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $834 |
| Estimated Insurance | $48 |
| **Total** | **$882** |

## Key Amenities

- Fireplace
- A/C
- 2-car garage

## Property Highlights

- Built in 1980
- 0.19 acre lot
- Fireplace

## Description

### Agent Description
Cash flowing income from day one! 3814 Caravel Dr is an excellent addition for out-of-state investors looking to grow their portfolio. The home is currently occupied by a long-term resident, providing steady, reliable cash flow without the cost or downtime of a lease-up. It meets the 1% rule, making the numbers work right out of the gate, and the brand new roof means one of the biggest capital expenses is already taken care of. Professional property management is already in place to handle rent collection, maintenance, and ongoing tenant relations, so you can own with confidence no matter where you live. A low-hassle, cash-flowing rental that's ready to perform. Don't miss this one!

## Location

- **Address:** 3814 CARAVEL Dr, Memphis, TN 38115
- **County:** Shelby
- **Neighborhood:** ROSS MANOR ESTATES SEC A
- **Coordinates:** 35.044524, -89.840754
- **Google Maps:** https://www.google.com/maps?q=35.044524,-89.840754

## Listing Agent

- **Name:** Bradley Puckett
- **Brokerage:** Reedy & Company, REALTORS
- **Broker Phone:** (901) 683-4446
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/3814-Caravel-Dr_Memphis_TN_38115_M87015-68687?f=listhub&s=MAARTN&m=10232512&c=propsimple)

## Photos

![3814 CARAVEL Dr - Photo 1](http://lh.rdcpix.com/d71427c8286d99b56c51101819b78270l-f2503109097r.jpg)

![3814 CARAVEL Dr - Photo 2](http://lh.rdcpix.com/d71427c8286d99b56c51101819b78270l-f2813413215r.jpg)

---

**MLS#:** 10232512 | **Updated:** 2026-10-25
**Source:** listhub

*Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/3814-caravel-dr-memphis-tn-38115-a16b03e90c00414a99d596fb3927e3d4)

---

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