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3814 CARAVEL DR Memphis, TN $ 165,000
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3814 CARAVEL DR
$ 165,000
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3814 CARAVEL DR

Memphis, TN, 38115
$ 165,000
Bedrooms3 Baths2.0 Sq 1,271

Monthly Estimate*

$ 1,140

3814 CARAVEL DR, Memphis, TN 38115 - Image 1
3814 CARAVEL DR, Memphis, TN 38115 - Image 2

Single Family Home for sale in Memphis, TN

for $165,000 with 3 bedrooms and 2 full baths. This 1,271 square foot home was built in 1980 on a lot size of 0.19.

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!

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Single Family Active

Price

$ 165,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 2,318

Style

Traditional

Lot Size

0.19

Year Built

1980

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10232512
Features
General
Heating Central
Cooling Central
Fireplaces 1
Status Active Active
Full Baths 2
Half Baths 0
Legal Subdivision Name ROSS MANOR ESTATES SEC A
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Area 786C Hickory Hill/Kirby High
Parcel Number 093510 I00018
Sale/Rent For Sale
Status Detail 0
Year Built 1980
Directions From Winchester head south on Ross Rd past Nolan Lake. Turn right (west) onto Reindeer Ave which is roughly across from where Starkenburg Ln comes in. The house is a short way down on the left side o
City Memphis
DOM 0
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Interior
Dining Room 15x13
Living Room Separate Living Room
Beds 3
Total Baths 2
Number of Rooms 6
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Exterior
Pool None
Lot 87
Lot Size Area 0.19
Lot Size 70X120
Lot Description Level
Misc. Exterior Patio
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* Excluded Features
List By
Reedy & Company, Realtors

Broker

Affordability Calculator

$1,333
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,140
Monthly Property Taxes
$193
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
10/15/2026$165,000 Listed Price

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3814 CARAVEL DR, Memphis, TN, 38115 is a Single Family Home for sale at $165,000 with 1,271 sqft and a lot size of 0.19. 3814 CARAVEL DR has 3 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 38115 which is in Memphis, TN

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