$5,878 Closing Credit¹
#1280453, Listing Office: Downtown Realty, Inc.
$525,000 List price
116 S Gay St Unit 903 Knoxville, TN 37902
$6,234
Closing credit¹
2 beds
1 full
900 sqft
0.02 acres
$583 / sqft
Condo
Property details
About 116 S Gay St Unit 903
Start your summer in the city with this 2-bedroom, 1-bathroom condo located on the 9th floor of the historic Sterchi Lofts building in downtown Knoxville. This bright and airy unit features expansive windows, high ceilings, and an open-concept kitchen and living area. The kitchen is equipped with sleek finishes and stainless steel appliances, while modern rolling doors add a stylish touch to each bedroom. The bathroom includes a beautifully tiled shower and a stackable washer and dryer. Residents enjoy secure building access, a well-equipped community gym, and rooftop seating with stunning city views. Just steps from Market Square and the Old City, this is a rare opportunity to own a piece of Knoxville's history in a prime location. Schedule your private showing today.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size900 sqft
Lot size0.02 Acres
Year built1920
ParkingOn-Street Parking, Off-Street Parking, Other
MLS #1298718
WaterfrontOther
ViewCity
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
- Basement: No
- Flooring Type: Other
- Interior: Eat-in Kitchen
- Fireplace: None
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: On-Street Parking, Off-Street Parking, Other
- Waterfront: Other
- View: City
- Architectural Style: Other, Historic
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $525,000
- Price/SqFt: $583
- HOA Amount: $229
- HOA Frequency: Monthly
- Lot: Other
- Directions: Located on the Historic 100 block of Downtown Knoxville. Located at the intersection of Summit Hill and S. Gay St.
- Year Built: 1920
- Living Area: 900 SqFt
- Lot Size: 0.02 Acres
- MLS Number: 1298718
- 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: 5/6/2025, 3:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
116 S Gay St Unit 903
$6,234
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 most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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 903
The listing price of 116 S Gay St Unit 903 property is $525,000.
The property 116 S Gay St Unit 903 is a condo located in Knoxville, Tennessee, 37902.
Active Listing: 116 S Gay St Unit 903 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 S Gay St Unit 903 are: Green Magnet Academy (GreatSchools Rating 2/10), South Knox Elementary School (GreatSchools Rating 7/10), Maynard Elementary School (GreatSchools Rating 3/10), Emerald Academy (GreatSchools Rating 4/10), Vine Magnet Middle School (GreatSchools Rating 2/10), South-Doyle Middle School (GreatSchools Rating 4/10), L N STEM Academy (GreatSchools Rating 9/10), Fulton High School (GreatSchools Rating 3/10), Austin-East Magnet High School (GreatSchools Rating 2/10).
The property at 116 S Gay St Unit 903 has 2 bedrooms and 1 bathroom.
The property 116 S Gay St Unit 903 is 900 SqFt (source: MLS/tax record).
The year of construction for 116 S Gay St Unit 903 is 1920.
This home is located at 116 S Gay St Unit 903 in Knoxville, TN and zip code 37902 in the Old City neighborhood. This 900 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $525,000.
In April 2025 more than 100 listings in Knoxville, TN were sold above the asking price. During the same period more than 106 listings were sold at asking price, while more than 216 were sold below. The number of listings in Knoxville, TN increased by 6.5% between March and April 2025. The median list price of listings available in April 2025 was $384,666, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.