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.
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Philadelphia is located in Tennessee. Philadelphia, Tennessee has a population of 923. Philadelphia is more family-centric than the surrounding county with 38.36% of the households containing married families with children. The county average for households married with children is 23.03%.
The median household income in Philadelphia, Tennessee is $63,882. The median household income for the surrounding county is $66,151 compared to the national median of $69,021. The median age of people living in Philadelphia is 32.2 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.3 degrees. The average rainfall is approximately 53.6 inches per year, with 4.5 inches of snow per year.