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2614 Elam Rd, Murfreesboro, TN, 37127

3beds
3baths
2,210sqft
$650,000
$294price/sqft
$4,773/moest. monthly cost
$190,920/yrincome needed

About This Home

PRICED TO SELL - UNIQUE INVESTMENT OPPORTUNITY-$60-100K annual income possibility! SELLER said SELL it, so SCHEDULE your private showing TODAY because this home stays booked! Currently set up as a successful short term rental and staying booked on Airbnb. This is TWO HOMES where you can live in one and rent the other or rent them both or have a nice family estate or homestead. Escape the city and still live close to everything in this fully renovated home PLUS a fully renovated apartment for the price of one! Both are situated on nearly 1.5 acres on the edge of Murfreesboro and no HOA or city taxes! Each of these homes has their own privacy fenced yard and private patio. The main home offers 3 bedrooms, 3 bathrooms, a formal dining room, living room, and a bonus room adjacent to the kitchen. It is currently fully furnished for STR. The apartment is two stories, located inside and above the 2 car garage and has a bedroom, bathroom, eat-in kitchen, utility room, living room and bonus; privacy fenced in yard with a great patio. This unique, income-producing property could be a primary residence, great investment for extended family/friends to live close by, multigenerational living, guest house, pool house or could continue to be a great rental-short or long-term. Schedule your showing today!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

8/10
6/10
Christiana Middle SchoolGrades 6-84.8 mi
6/10
Riverdale High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1967

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Oven,Gas Range,Dishwasher,Microwave,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: None,Crawl Space

Bedroom1

  • Features: Full Bath
  • Level: Full Bath
  • Area: 192
  • Dimensions: 12x16

Bedroom2

  • Area: 130
  • Dimensions: 10x13

Bedroom3

  • Area: 110
  • Dimensions: 10x11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 3

Den

  • Features: Separate
  • Level: Separate
  • Area: 208
  • Dimensions: 13x16

Dining Room

  • Features: Formal
  • Level: Formal
  • Area: 120
  • Dimensions: 10x12

Features

  • Built-in Features,Ceiling Fan(s),Entrance Foyer,Extra Closets,In-Law Floorplan,Pantry,Redecorated,High Speed Internet
  • Flooring: Laminate
  • Finished area above ground: 2,210

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 2,210
  • Total interior livable area: 2,210 sqft

Kitchen

  • Area: 169
  • Dimensions: 13x13

Living Room

  • Features: Formal
  • Level: Formal
  • Area: 228
  • Dimensions: 12x19

Master Bathroom

  • Features: Suite
  • Level: Suite

Recreation Room

  • Features: Main Level
  • Level: Main Level
  • Area: 513
  • Dimensions: 19x27

Property

Details

  • Parcel number: 126A B 00100 R0077370
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Covered
  • Fencing: Privacy
  • Topography of land: Level

Lot

  • Lot size: 1.47 Acres
  • Features: Level
  • Lot size dimensions: 175.52 x 366.2 IRR

Parking

  • Total spaces: 14
  • Parking features: Garage Door Opener,Detached,Private,Circular Driveway,Concrete,Driveway,Paved,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 10
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Tornado
Winter Weather
Earthquake
Lightning
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance $310$3,720
Property Taxes $998$11,976
Electricity $179$2,154
Total$4,773$57,276

Income You'd Need if You Spent...

35% on housing$163,645/yr
40% on housing$143,190/yr
45% on housing$127,280/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.4%
12.4%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$294This listing

vs Other Active Listings

Avg $/sqft

ZIP 37127$208
Rutherford County$226

vs Homes Sold Last Month

Median $/sqft

ZIP 37127$227
Rutherford County$219

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listed for sale$650,000
2026-04-06Listing removed$699,900
2025-11-14Price change$699,900
2025-09-08Price change$724,900
2025-08-31Price change$749,899
2025-08-02Listed for sale$749,900
2025-08-01Listing removed$750,000
2025-07-01Price change$750,000
2025-02-10Listed for sale$775,000
2023-03-31Sold$300,000
2023-01-25Pending sale$433,900
2022-12-12Price change$433,900
2022-12-04Price change$445,000
2022-11-04Listed for sale$450,000
2002-05-21Sold$135,000
1998-09-29Sold$173,000

For Sale by Agent

AgentJanelle Holst, CREN
BrokerageKeller Williams Realty - Murfreesboro

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