New - 4 days on Rocket
$4,216 Closing Credit¹
#1291409, Listing Office: Terminus Real Estate, Inc.
$360,000 List price
116 S Gay St Unit 304 Knoxville, TN 37902
$4,275
Closing credit¹
1 bed
1 full
660 sqft
0.01 acres
$545 / sqft
Condo
Property details
About 116 S Gay St Unit 304
Experience urban loft living in the historic Sterchi Building, located in the heart of downtown Knoxville. This stunning third-floor unit features expansive industrial windows, soaring ceilings, and exposed concrete floors, blending historic charm with modern comfort. The open-concept living and kitchen area offers sleek finishes, stainless steel appliances, and ample storage, while the bedroom provides a private retreat with modern sliding doors leading to the en-suite bathroom. A stackable washer and dryer is neatly tucked away in a closet to maximize space. The unit is currently leased through March 31, 2025, and the lease will convey to the new buyer. With secure building access and a prime location just steps from Market Square and Old City, this is a rare opportunity to own a piece of Knoxville's history. Sterchi Lofts also has a community gym as well as rooftop access with seating. Schedule your showing today!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size660 sqft
Lot size0.01 Acres
Year built1920
ParkingOn-Street Parking, Off-Street Parking, Other
MLS #1291581
WaterfrontOther
ViewCity
Summary
- MLS Number: 1291581
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Terminus Real Estate, Inc.
- Office Phone: (865) 673-6300
- Office Email: lab3rd36@comcast.net
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, 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.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$360,000
116 S Gay St Unit 304
$4,275
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
2
Green Magnet Academy
Public Magnet KG-5
0.5 mi
•801 Lula Powell Dr
7
South Knox Elementary School
Public District PK-5
1.0 mi
•801 Sevier Ave
3
Maynard Elementary School
Public District PK-5
1.0 mi
•737 College St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,647. Most Knoxville, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
55%
<35k
35%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
87%
Single, No Kids
1%
Single, with Kids
10%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
3%
<11 yrs old
1%
12-17 yrs old
52%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Yoga/pilates
Where do the neighbors shop?
Express/Express For Men
Banana Republic
H&M
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Audi
What do the neighbors listen to?
Urban Contemporary
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 116 S Gay St Unit 304
This home is located at 116 S Gay St Unit 304 in Knoxville, TN and zip code 37902 in the Old City neighborhood. This 660 square foot home, which was built in 1920, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $360,000.
While more than 54 listings in Knoxville, TN in February 2025 were sold above asking price, there were more than 61 listings sold at asking price, and more than 168 were sold below. In February 2025 in Knoxville, TN there were 3% more homes for sale than in January. While the average time on the market in February 2025 was 49 days, the median list price was $382,067.
From Rocket Homes Real Estate and based on county public records data.