For Sale
Photo 1 of Single family home for sale at 3814 Caravel Dr, Memphis, TN 38115 | MLS# 10232512 | Listing updated on 2026-10-15
Photo 2 of Single family home for sale at 3814 Caravel Dr, Memphis, TN 38115 | MLS# 10232512 | Listing updated on 2026-10-15
2
Beds Icon

Street View

$165,000

Monthly Est:$821

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,271sqft

3814 Caravel Dr, Memphis, TN 38115

$821/moEst:

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  • Single Family Residence

  • Built in 1980

  • $-- HOA

  • 8,276.4 sqft lot

  • $130/sq.ft

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!

  • Houzeo last checked: 2 minutes ago
  • Listing updated: October 15, 2026 at 8:47 pm
  • Listing Provided by: Bradley Puckett (901) 604-6338 | Reedy & Company, REALTORS (901) 842-0805
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10232512 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    Hickory Hill

  • Year Built

    1980

  • HOA Fees

    -

  • Finished Area

    1,271 sqft

  • Lot Size

    8,276.4 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10232512

  • MLS Status

    Active

  • Days on Market

    15

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Cooling

    Central

  • Exterior Features

    Patio

  • Heating

    Central

  • Interior Features

    Separate Living Room, Vinyl/luxury Vinyl Floor

  • Flooring

    Vinyl/luxury Vinyl Floor

Construction

  • Year Built

    Year Built: 1980

  • Home type

    Single Family Residence

  • Construction Materials

    Brick Veneer

  • Architectural Style

    Traditional

Utilities & Energy

  • Parking Features

    Driveway/pad

  • Pool Features

    None

Other Features

  • Subdivision Name

    Ross Manor Estates Sec A

  • Lot Features

    Level

Price History

DateEventPrice

10/15/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10232512

Listed for Sale

$165,000

$130/sqft

Hickory Hill Ranks #125 in Memphis, TN

Homes for sale
69

Homes

Rental prices
$1,124

Rental Prices

Median Home Price
$134.5K

Median Home Price

Hickory Hill, Memphis, TN neighborhood guide

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 30, 2026, 01:15PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. 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. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

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Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736

Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

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