#1309218, Listing office: Alliance Sotheby's International
406 W Church Ave Knoxville, TN 37902
Property details
About 406 W Church Ave
Welcome to the Ely Building, a masterfully restored architectural gem that seamlessly blends historic charm with contemporary sophistication. This iconic property has been thoughtfully transformed into a stunning, light-filled space that offers both residential and commercial possibilities. The renovation introduced a striking steel staircase with open risers, serving as both a functional access point and a light well that channels natural light from the roof to the basement. This staircase is framed by a slatted white oak screen, creating a cohesive vertical design element that enhances the home's modern aesthetic while paying homage to its historic roots. Inside, the design strikes a perfect balance between elegance and warmth, featuring a refined palette of high-end materials. Wide plank white oak flooring with a natural finish, lacquered white cabinetry with white oak accents, and statuary marble backsplashes create a sophisticated yet timeless atmosphere. Carefully curated lighting and custom finishes add to the property's unique character. A newly designed rooftop terrace offers an exceptional outdoor retreat, ideal for entertaining or private relaxation, with sweeping views of the surrounding cityscape. The Ely Building's flexible layout allows for a variety of uses—it can serve as a luxurious single-family home, an upscale commercial space, or a hybrid of both, including short-term rental opportunities. The lower level, featuring three exterior access points, provides even more potential for creative configurations such as office space, retail, or a private guest suite. Additionally, the basement can be converted into two separate studio apartments, offering excellent income potential or additional living space. With its rich history, impeccable design, and unmatched versatility, the Ely Building is a rare opportunity to own a piece of architectural history while enjoying modern luxury. Don't miss your chance to experience this extraordinary property firsthand.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Tankless Water Heater, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
- Basement: Yes
- Flooring Type: Hardwood
- Interior: Island in Kitchen, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
- Fireplace: Brick, Masonry, Other, Wood Burning Stove
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: On-Street Parking, Common
- View: City
- Exterior: Balcony
- Architectural Style: Historic, Traditional
- Heating: Central, Natural Gas, Electric
- Cooling: Central Air
- List Price: $2,880,000
- Price/SqFt: $477
- Annual Tax Amount: $18,724
- Tax Year: 2023
- Lot: Zero Lot Line, Level
- Directions: Henley St downtown to Church Ave. Property located between Walnut and Market St
- Year Built: 1900
- Living Area: 6,033 SqFt
- Lot Size: 0.05 Acres
- MLS Number: 1294074
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Keller Williams Realty
- Office Phone: (865) 694-5904
- Office Email: kentleadbetter@gmail.com
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 03, 2021 | Home Sold | $2,009,888 |
Jun 05, 2013 | Home Sold | $725,000 |
Sep 19, 2005 | Home Sold | $545,000 |
Aug 15, 2005 | Home Sold | $500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $756,370 | $18,724 |
2022 | $756,370 | $18,724 |
2020 | $276,725 | $13,570 |
2019 | $276,725 | $12,684 |
2017 | $172,640 | $7,913 |
History based on county public records data.
Nearby schools
2
Green Magnet Academy
Public Magnet KG-5
0.6 mi
•801 Lula Powell Dr
7
South Knox Elementary School
Public District PK-5
0.7 mi
•801 Sevier Ave
3
Maynard Elementary School
Public District PK-5
1.2 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 majority of Knoxville, TN residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 406 W Church Ave
The listing price of 406 W Church Ave property is $2,880,000.
The property 406 W Church Ave is a house located in Knoxville, Tennessee, 37902.
Active Listing: 406 W Church Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 406 W Church Ave 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).
According to the records, the last property tax for 2023 is $18,724 (source: MLS/based on county public records data).
The last sale was on December 3, 2021 for $2,009,888 (source: MLS/tax record).
The property at 406 W Church Ave has 4 bedrooms and 2 full and 1 half bathrooms.
The property 406 W Church Ave is 6,033 SqFt (source: MLS/tax record).
The year of construction for 406 W Church Ave is 1900.
This home is located at 406 W Church Ave in Knoxville, TN and zip code 37902 in the Downtown neighborhood. This 6,033 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $2,880,000.
In June 2025 more than 126 listings in Knoxville, TN were sold above the asking price. During the same period more than 181 listings were sold at asking price, while more than 344 were sold below. In June 2025 in Knoxville, TN there were 5.4% less homes for sale than in May. While the average time on the market in June 2025 was 34 days, the median list price was $388,575.