502 Thompson St, Philadelphia, TN 37846

$84,900
Property Type: Single Family Bedrooms: 2 Square Footage: 840 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $84,900 List Date: 11/24/2025 Last Modified: 12/05/2025

Description

''Downtown'' Philadelphia, TN! This two-bedroom, one-bath house is a diamond in the rough, waiting for someone to unlock its potential. While it needs comprehensive renovation, this property offers excellent rental income opportunities or make it your own with a little vision & customization. The fully fenced yard provides security, while the metal roof ensures long-lasting protection. The large detached building could be used as a garage, workshop, or storage building and offers versatility for those looking for extra work space.. With nearby amenities including Lions Club Park for recreation, Food City for shopping convenience, and quality education at Loudon County Elementary & High School, this property combines investment opportunity with community appeal for the right buyer. Sold Strictly AS-IS.

More Information MLS# 1322831

Contract Info

Auction Y/N: No Listing Price: 84900 Current Price: $84,900 Status: Active Listing Date: 2025-11-24

Location, Tax & Legal Info

Area: Loudon County - 32 Property Sub-Type: Residential City/County Code: County Total Tax: 251.98

General Property Description

Type: Ranch # Bedrooms: 2 Lot Dimensions: 78 x 83 Lot Size SqFt: 6970 Acres: 0.16 Acre Source: Tax Records # of Rooms: 4 Restrictions: Yes Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 840 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 0 # Fireplace: 0 HOA: No Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 840 Baths - Full: 1 Year Built: 1925

Remarks & Misc

Directions: From Knoxville, I-75 South to Philadelphia (exit 68), left onto Hwy 323 (Pond Creek Rd.) follow 2.5 mi. to right onto Elm St., right onto Christian St., quick left onto Church St., right onto Thompson St., turn left to stay on Thompson St., to house on right. Public Remarks: ''Downtown'' Philadelphia, TN! This two-bedroom, one-bath house is a diamond in the rough, waiting for someone to unlock its potential. While it needs comprehensive renovation, this property offers excellent rental income opportunities or make it your own with a little vision & customization. The fully fenced yard provides security, while the metal roof ensures long-lasting protection. The large detached building could be used as a garage, workshop, or storage building and offers versatility for those looking for extra work space.. With nearby amenities including Lions Club Park for recreation, Food City for shopping convenience, and quality education at Loudon County Elementary & High School, this property combines investment opportunity with community appeal for the right buyer. Sold Strictly AS-IS.

Fencing

Chain: 1 Fenced Yard: 1

Atchd/Dtchd Type

Detached: 1

Style

Traditional: 1

Construction

Frame: 1

Siding

Other: 1

Fireplace

None: 1

Cooling

None: 1

Floors

Hardwood: 1 Other: 1

Garage/Parking

Off-Street Parking: 1

Basement

Crawl Space: 1

Lot Description

Level: 1

Fuel

Electric: 1

View

City: 1

Heat

None: 1

Appliances

None: 1

Exterior Features

Porch - Covered: 1

Misc Features

Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Public: 1

Outbuildings

Detached Workshop: 1

New Financing

Alternative: 1 Cash: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 502 Street Name: Thompson St Suffix: St State/Province: TN Zip Code: 37846 PIN #: 055M F 003.00 Subdivision: Town Plat Of 1822 Geo Lat: 35.679492 Geo Lon: -84.403362

Status Change Info

Status Change Date: 2025-11-24

Property Features

Style: Traditional Construction: Frame Siding: Other Basement: Crawl Space Lot Description: Level Fireplace: None Floors: Hardwood; Other Fuel: Electric Heat: None Cooling: None Appliances: None Sewer: Septic Tank Water: Public Misc Features: Washer/Dryer Connect Exterior Features: Porch - Covered Fencing: Chain; Fenced Yard Outbuildings: Detached Workshop Showing: See Agent Instructns New Financing: Alternative; Cash
Listing Office: Webb Properties, LLC
IDX
Office Phone: 865-922-5500
Last Updated: December - 05 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.