221 Pattie Gap Rd, Philadelphia, TN 37846
New
$387,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$387,000
List Date:
2/28/2026
Last Modified:
2/28/2026
Description
Exceptional opportunity to own a well-positioned six-unit apartment building in the growing community of Philadelphia, Tennessee. Situated on a quiet stretch of Patty Gap Road, this property offers strong income potential with the stability of multiple rental streams under one roof.
The building features six well-designed residential units, each offering comfortable living spaces, functional layouts, and ample natural light. Tenants enjoy a peaceful setting with convenient access to nearby schools, shopping, and major commuting routes.
Property highlights include:
Six income-producing units
On-site parking, low-maintenance exterior,
desirable rural setting with easy access to nearby amenities and strong rental demand in the area
Whether you're expanding your portfolio or seeking a solid multi-family investment, 221 Patty Gap Road delivers dependable cash flow potential in a steadily developing market. This is an excellent opportunity to secure a multi-unit property in a quiet East Tennessee location with long-term upside. Don't miss this amazing investment opportunity.
More Information MLS# 1330884
Location, Tax & Legal Info
Area: Roane County - 31
City/County Code: County
Total Tax: 120.65
Contract Info
Auction Y/N: No
Listing Price: 387000
Current Price: $387,000
Status: Active
Listing Date: 2026-02-25
General Property Description
Lot Dimensions: 250.82 X 177.65 IRR
# Units Leased: 6
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Asphalt
Number of Units: 6
Year Built: 1993
Remarks & Misc
Directions: Take I-75 South toward Chattanooga. to exit 72, take Exit 72 for TN-72 toward Loudon/Philadelphia. At the end of the exit ramp, turn right onto TN-72 W / Loudon Hwy.
Continue on TN-72 W for several miles.
Turn left onto Pattie Gap Rd.
Follow Pattie Gap Rd to your destination, 221 Pattie Gap Rd..
Public Remarks: Exceptional opportunity to own a well-positioned six-unit apartment building in the growing community of Philadelphia, Tennessee. Situated on a quiet stretch of Patty Gap Road, this property offers strong income potential with the stability of multiple rental streams under one roof.
The building features six well-designed residential units, each offering comfortable living spaces, functional layouts, and ample natural light. Tenants enjoy a peaceful setting with convenient access to nearby schools, shopping, and major commuting routes.
Property highlights include:
Six income-producing units
On-site parking, low-maintenance exterior,
desirable rural setting with easy access to nearby amenities and strong rental demand in the area
Whether you're expanding your portfolio or seeking a solid multi-family investment, 221 Patty Gap Road delivers dependable cash flow potential in a steadily developing market. This is an excellent opportunity to secure a multi-unit property in a quiet East Tennessee location with long-term upside. Don't miss this amazing investment opportunity.
Property Sub-Type
Five or Six Plex: 1
Construction
Block: 1
Frame: 1
Type of Units
1 Bedroom Unit: 1
2 Bedroom Unit: 1
Unfurnished: 1
Sale Includes
Building and Land: 1
No Furnishings: 1
Cooling
Central Cooling: 1
Floors
Laminate: 1
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
Fuel
Electric: 1
Heat
Central: 1
Appliances
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Mstr Bdrm Main Level: 1
Roof
Aluminum: 1
New Financing
Alternative: 1
Cash: 1
Conventional: 1
Exchange: 1
New Loan: 1
Location Tax Legal Info
House #: 221
Street Name: Pattie Gap
St Suffix: Rd
State/Province: TN
Zip Code: 37846
PIN #: 114 06103 000
Geo Lat: 35.723418
Geo Lon: -84.492755
Status Change Info
Status Change Date: 2026-02-28
Property Features
Property Sub-Type: Five or Six Plex
Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Unfurnished
Sale Includes: Building and Land; No Furnishings
Floors: Laminate; Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Range; Refrigerator; Smoke Detector
Construction: Block; Frame
Roof: Aluminum
Other Rooms: Mstr Bdrm Main Level
New Financing: Alternative; Cash; Conventional; Exchange; New Loan
Listing Office:
Asset Realty Management, Inc.
IDX
Office Phone: 865-247-0027
Last Updated: February - 28 - 2026
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