Pat McCollum Can Help You Purchase This Home

Thank you for choosing Pat McCollum! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Pat McCollum is here to help!

502 Thompson St, Philadelphia, 37846

Priced At: $84,900

Property Details for ID: 1322831

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SqFt: 840
Price SqFt: $101
Total Bedrooms: 2
Full Baths: 1 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2025-11-24T19:24:09Z
Subdivision: Town Plat Of 1822

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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Ranch
Site Built: Yes
Year Built: 1925
Total Rooms: 4
SqFt (Total): 840
SqFt (Main Lvl): 840
Full Baths: 1
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Porch - Covered
Construction: Frame
Siding: Other

  Appliances

None

  Room Dimensions

  Interior Features

Floors: Hardwood, Other
Misc Features: WasherDryer Connect

  Property Details

Acreages: 0.16
Lot Description: Level
View: City

Utilities

Fuel Types: Electric

Financing

Finance Options: Alternative, Cash

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): None
Heat Type(s): None

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings

Detached Workshop

Presented By: / Webb Properties, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

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.



Your commute

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