$4,572 Closing Credit¹
Listing Office: ReMax First
$4,036
closing credit¹
116 S Gay St Unit 501 Knoxville, TN 37902
$339,900 List price
$4,036
Closing credit¹
1 bed
1 full
600 sqft
0.01 acres
$567 / sqft
Condo
Property details
About 116 S Gay St Unit 501
Is downtown living calling your name? Look no further than Sterchi Lofts, the ultimate downtown Knoxville location. Nestled perfectly between the vibrant Old City and bustling Market Square, this prime spot puts you just steps away from incredible dining, entertainment, shopping, and cultural experiences. Unit 501 offers a stunning blend of industrial charm and modern design, featuring a desirable layout with clearly defined living and sleeping areas. Thoughtful touches include in-unit laundry for added convenience and ample storage, including an expanded closet space and extra pantry/storage space. Residents enjoy exclusive amenities such as a fully equipped fitness room to keep you active and a rooftop patio with sweeping city views - the perfect spot to unwind or entertain. This unit is ideal for downtown professionals and workers, University of Tennessee students and faculty, second-home seekers, or anyone ready to embrace the ultimate downtown lifestyle. BONUS: Sterchi Lofts is just a 5-minute walk to Knoxville's exciting new multi-use stadium, home to professional baseball, soccer, and year-round live entertainment events. Don't miss your chance to live your best life in the heart of the city. Schedule your private tour today!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size600 sqft
Lot size0.01 Acres
Year built1920
ParkingOn-Street Parking, Other, Off-Street Parking
MLS #1286882
FireplaceOther, None
ViewCity
Summary
- MLS Number: 1286882
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Realty Executives Associates
- Office Phone: (865) 531-2020
- Office Email: sharon@reatn.com
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: 1/30/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$339,900
116 S Gay St Unit 501
$4,036
closing credit¹
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Price information
Property sales
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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. The most common annual income of people living in Knoxville, TN is 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 501
This home is located at 116 S Gay St Unit 501 in Knoxville, TN and zip code 37902 in the Old City neighborhood. This 600 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 January 14, 2025 and is currently priced at $339,900.
While more than 76 listings in Knoxville, TN in December 2024 were sold above asking price, there were more than 76 listings sold at asking price, and more than 222 were sold below. The number of listings in Knoxville, TN decreased by 12% between November and December 2024. In December 2024 median list price was $380,716 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.