221 Pattie Gap Rd

Philadelphia, TN 37846

$387,000
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Exterior
Exterior Front
Exterior Front1
Area
Area1
Bathroom
Bedroom
Bedroom1
Bedroom2
Bedroom3
Kitchen Counter
Kitchen
Kitchen1
Kitchenarea
Living:Kitching
Livingroom
Livingroom1

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,...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.
  1. Listed by Mike Yarbrough • Asset Realty Management, Inc.
  2. Listed by Jessica Hall • Asset Realty Management, Inc.

Amenities

  • Air Conditioning
  • On-site Parking
  • Parking Included
LISTING UPDATED: 03/02/2026 07:46 PM

Property Details for 221 Pattie Gap Road

StatusActive
MLS #1330884
Days on Market130
Taxes$121 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1993
Lot Size-
CountyRoane County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Asset Realty Management, Inc., Mike Yarbrough; Asset Realty Management, Inc., Jessica Hall (865.335.6221)
Add your commute

Building Information for 221 Pattie Gap Road

Stories-Residences6Year Built1993Building Size-Lot Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,939 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,928

Property Taxes

$10

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 221 Pattie Gap Road

Summary
Location and General Information
  • City: Philadelphia
  • County Or Parish: Roane County - 31
  • 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..
  • Latitude: 35.723418
  • Longitude: -84.492755
  • MLS Area Major: Roane County - 31
  • MLS Area Minor: Roane County - 31
  • Postal Code: 37846
  • State Or Province: TN
  • Location Tax Legal Info Area: Roane County - 31
  • 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..
Parking
  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • General Property Description Driveway: Asphalt
  • Garage Parking Off-Street Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 114 06103 000
  • Location Tax Legal Info Total Tax: 120.65
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Year Built: 1993
  • Lot Size Dimensions: 250.82 X 177.65 IRR
  • General Property Description Lot Dimensions: 250.82 X 177.65 IRR
Property and Assessments
  • Possession: Immediate
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession Immediate: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Frame
Interior Features
  • Cooling: Central Cooling
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Range, Refrigerator
  • Heating Details: Central, Electric
  • Flooring: Laminate, Vinyl
  • Heating: Yes
  • Heating Central: Yes
  • Cooling Central Cooling: True
  • Floors Laminate: True
  • Floors Vinyl: True
  • Heat Central: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Aluminum: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Type of Units 1 Bedroom Unit: True
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Unfurnished: True
Unit 1
  • Unit 1 Unit Number: A
  • Unit 1 Beds Total: 2
  • Unit 1 Rent: 1045
  • Unit 1 Furnished: Unfurnished
Unit 2
  • Unit 2 Unit Number: B
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 975
  • Unit 2 Furnished: Unfurnished
Unit 3
  • Unit 3 Unit Number: C
  • Unit 3 Beds Total: 2
  • Unit 3 Rent: 670
  • Unit 3 Furnished: Unfurnished
Unit 4
  • Unit 4 Unit Number: D
  • Unit 4 Beds Total: 1
  • Unit 4 Rent: 595
  • Unit 4 Furnished: Unfurnished
Unit 5
  • Unit 5 Unit Number: E
  • Unit 5 Beds Total: 1
  • Unit 5 Rent: 695
  • Unit 5 Furnished: Unfurnished
Unit 6
  • Unit 6 Unit Number: F
  • Unit 6 Beds Total: 1
  • Unit 6 Rent: 725
  • Unit 6 Furnished: Unfurnished
Rental
Rent Information
  • General Property Description Number of Units Leased: 6.0
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Electric

Property History for 221 Pattie Gap Road

DateEvent & SourcePriceAppreciation
Feb 28, 2026

Listed (Active)

KAARMLS #1330884

$387,000—
Oct 30, 2012

Expired

KAARMLS #809245

—
Jul 13, 2012

Listed (Active)

KAARMLS #809245

$244,900—
DateEvent & SourcePrice
02/28/2026

Listed (Active)

KAARMLS #1330884

$387,000
10/30/2012

Expired

KAARMLS #809245

—
07/13/2012

Listed (Active)

KAARMLS #809245

$244,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 221 Pattie Gap Road

Taxable ValueLand$2,875Additions$5,175Total$8,050
Tax Record2025$121 ($10 / month)
Home Facts
Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories1Lot Size22,216 SqFtStyleMobile / Manufactured HomeYear Built1993Year Renovated2006CountyROANEAPN114 06103

Schools near 221 Pattie Gap Road

This home is within Roane County School District.
Rating
School
Type
Grades
Distance
Kingston Elementary School
Public - PK to 5
Midtown Elementary School
Public - PK to 5
Bowers Elementary School
Public - PK to 5
Midway Elementary School
Public - PK to 5
Rating
School
Distance
Kingston Elementary School
PublicPK to 5

Midtown Elementary School
PublicPK to 5

Bowers Elementary School
PublicPK to 5

Midway Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

More information about 221 Pattie Gap Road, Philadelphia, TN 37846

221 Pattie Gap Road is a multi-family home for sale in Philadelphia, TN 37846. This property was listed for sale on February 28, 2026 by Asset Realty Management, Inc., it's currently listed at $387,000. This listing's school district is Roane County School District. Nearby schools include Kingston Elementary School, Midtown Elementary School and Bowers Elementary School. 221 Pattie Gap Road is a 0-bed, 0-bath, multi-family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Asset Realty Management, Inc., Mike Yarbrough; Asset Realty Management, Inc., Jessica Hall (865.335.6221)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 03/02/2026 07:46 PM