#1304673, Listing office: Homecoin.com
$629,000 List price
116 S Gay St Unit 909 Knoxville, TN 37902
2 beds
2 full
1,260 sqft
0.03 acres
$499 / sqft
Condo
Property details
About 116 S Gay St Unit 909
The Sterchi Building located at 116 S Gay Street was originally the headquarters for Sterchi Brothers Furniture which at one point served as the largest wholesale furniture center in the world. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units and underwent another renovation from 2016-2021. The latest conversion consisted of several significant upgrades including: - energy efficient ''Samsung'' appliances - modern ''Carrier'' HVAC units - designer-quality light fixtures - quartz countertops - stainless-steel sinks - new plumbing fixtures and Roca (Spanish) tile in the showers and tub surrounds. This stunning 9th floor condo, located just below the Penthouse level, features towering views of the city, an open floorplan, wide hallways including a gorgeous marble like mural that spans floor to ceiling in the main entryway, and luxury vinyl plank in the bedrooms. It was further renovated with upgraded closet space, wall sconces, and roll up window shades and screens in the living area. Enjoy panoramic views of the city skyline and the Great Smokey Mountains from the 10th floor rooftop deck as well as 24/7 access to the fully equipped gym. Located just a short walk to award winning restaurants, art galleries, shops and entertainment, Sterchi Lofts is also conveniently located near the University of Tennessee, Lincoln Memorial University and the new baseball stadium scheduled to open 2025. ***Unit is not occupied and is easy to view. Optional in building storage is available to rent separately. Don't miss this opportunity to join the thriving downtown community and schedule your showing today! Buyer to verify sq ft, taxes and HOA fees.
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size1,260 sqft
Lot size0.03 Acres
Year built1920
ParkingOn-Street Parking, Off-Street Parking, Other
MLS #1295137
WaterfrontOther
ViewMountain(s), City
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
- Basement: No
- Flooring Type: Other, Vinyl
- Interior: Walk-In Closet(s), Kitchen Island, Elevator, Eat-in Kitchen
- Fireplace: None
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: On-Street Parking, Off-Street Parking, Other
- Waterfront: Other
- View: Mountain(s), City
- Architectural Style: Historic
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $629,000
- Price/SqFt: $499
- HOA Amount: $315 Monthly
- Lot: Other
- Directions: From the city center follow S Gay Street north and Sterchi Lofts is located on the right side of the 100 block of the Historic Arts District
- Year Built: 1920
- Living Area: 1,260 SqFt
- Lot Size: 0.03 Acres
- MLS Number: 1295137
- 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.
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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: 7/23/2025, 5:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Most 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 909
The listing price of 116 S Gay St Unit 909 property is $629,000.
The property 116 S Gay St Unit 909 is a condo located in Knoxville, Tennessee, 37902.
Active Listing: 116 S Gay St Unit 909 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 S Gay St Unit 909 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 909 has 2 bedrooms and 2 bathrooms.
The property 116 S Gay St Unit 909 is 1,260 SqFt (source: MLS/tax record).
The year of construction for 116 S Gay St Unit 909 is 1920.
This home is located at 116 S Gay St Unit 909 in Knoxville, TN and zip code 37902 in the Old City neighborhood. This 1,260 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2025 and is currently priced at $629,000.
In June 2025, from all listings sold in Knoxville, TN there were more than 126 sold above asking price, over 344 sold below and more than 181 were sold right at the asked price. The number of listings in Knoxville, TN decreased by 5.4% between May and June 2025. The median list price of listings available in June 2025 was $388,575, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.