Search
Six-Unit Apartment Building
For Sale
$387,000

221 Pattie Gap Rd, Philadelphia, TN 37846

MULTI_FAMILY - Philadelphia, TN

Property SizeContact for details
Days on Market161

Property Features for 221 Pattie Gap Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Full bathrooms 6
Rooms Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 6, Bedroom 1, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 8, Bedroom 9, Bedroom 5, Bathroom 5
Parking features Off Street
Appliances Range, Refrigerator
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..
Subdivision Roane County - 31
Standard status Active
APN 114 06103 000

Taxes and HOA fees

Tax Annual Amount 121

Utilities

Heating system Electric (Heating), Central
Cooling system Central Air

Building Details

Year built 1993
Number of units 6
Flooring type Vinyl, Laminate
Building materials Block, Frame
Roof type Aluminum
Listing Agency: Asset Realty Management, Inc.
Listed By: Mike Yarbrough
Added: Feb 25 Changed: Aug 3 Last Checked: Aug 5 at 5:06AM
MLS# 1330884

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Six-unit apartment building at 221 Pattie Gap Rd in Philadelphia, TN 37846, built in 1993. The property includes six income-producing residential units with an off-street parking setup for tenants and guests.

The building is constructed with block and frame materials and has an aluminum roof. Interior finishes include vinyl and laminate flooring, with central heating powered by electric heating and central air cooling.

On-site appliances noted for the units include a range and refrigerator. The property is located on a quiet stretch of Patty Gap Road with convenient access to nearby schools, shopping, and major commuting routes in the surrounding area.

Key Highlights

  • Built in 1993
  • Six residential units
  • Off‑street parking

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 37846, TN

4,994
Population
1,678
Households
3
Avg Household Size
42
Median Age
14%
College-Educated
84%
High-School Grad
72.6 sq mi
ZIP Area
69
Density / Sq Mi
$71,147
Median Household Income
$45,670
Median Earnings
$780
Median Rent
$200,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with central electric heating, central air cooling, and off-street parking.
Where is this apartment building located?
The property is located at 221 Pattie Gap Rd Philadelphia, TN.
What is the asking price?
The asking price for this property is $387,000.
What are key features of this property?
This property features: Built in 1993; Six residential units; Off‑street parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message