Property photo 1
Property photo 2
3 Beds
2 Baths
1,271 sqft

$165,000

3814 CARAVEL DR, Memphis TN, 38115

Price per sqft$129.82
Built in1980
Property size1,271 sqft
Property typeResidential

Overview

Active

Listed Oct 15, 2026

Updated 3 days ago

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!

$1,098/mo

Est. mortgage payment based on a $165,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10232512

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Taxes
$1,135
Tax Frequency
Annually
Association Fee Frequency
Yearly
MLS provider logo

Listed by Bradley Puckett with Reedy & Company, REALTORS
Listing Contact: 901-604-6338 

The IDX display contains information sourced from the Memphis Area Association of REALTORS® as of 10/16/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

©2026 Memphis Area Association of REALTORS® all rights reserved.

Data last updated on 10/16/2026 at 5:12 AM UTC

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