$5,343 Closing Credit¹
#706691, Rachel Odom, Brittany Hopson, Listing Office: Crye-Leike Lakeway Real Estate
$459,000 List price
603 W Main St Unit 602 Knoxville, TN 37902
$5,451
Closing credit¹
1 bed
1 full
803 sqft
0.5 acres
$572 / sqft
Condo
Property details
About 603 W Main St Unit 602
The 50 apartments in the Medical Arts Building (MAB) are being converted into condominiums and are now offered for the first time as a purchase option! New owners will enjoy the fantastic location between the downtown core and The University of Tennessee. All units are conveyed with a washer/dryer set and all major kitchen appliances. Tile flooring, remodeled bathrooms, granite countertops, stainless steel appliances in the open kitchens, and plenty of natural light create a comfortable living area. Unit sizes vary from 515 square feet to 2,101 square feet. No short-term rentals are permitted. The minimum lease term will be 180 days. The MAB, an ornate Gothic Revival style building built in 1932 by Lexington, Kentucky architecture firm Manley and Young, was placed on the National Register of Historic Places on May 24, 1984. Originally planned as a 13-story building, the plans were scaled back due to the Great Depression to what we see today as a 10-story high rise, including the attached 4-story parking garage. Owners will have the opportunity to purchase parking in the private, interior garage. The decorative terra cotta and dark green spandrel panels on the exterior of the East and South facing facades show the attention to detail, which was rarely seen in the southeast at that time. The MAB was once home to a pharmacy, a bank, a beauty shop, a florist, and several restaurants. A bowling alley and a putt-putt golf course also entertained tenants and visitors! The building experienced its share of hardships. In 1985, it was completely renovated and once again became a favorite location for many well-known doctors, dentists, attorneys, accountants, and other professionals. Thomas B. Grace, a real estate investor from Chicago, purchased the building in 2006. The plan was to leave it as a multi-tenant office building for many years, but the recession changed everything. It was agreed that the highest and best use for the building was a conversion to residential. The building conversion was completed in April 2014. Now, a new generation of people call the Medical Arts Building home!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusSale Pending
(Pending - Continue to Show - Inspection)
(Pending - Continue to Show - Inspection)
CoolingCentral Air, Ceiling Fan(s)
Size803 sqft
BasementYes
Lot size0.49 Acres
Year built1930
ParkingAttached, Other
MLS #1285760
Attached garageYes
ViewOther, City
Summary
- MLS Number: 1285760
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Alliance Sotheby's Internation
- Office Phone: (865) 357-3232
- Office Email: debbieelliottsexton@gmail.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: 3/15/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$459,000
603 W Main St Unit 602
$5,451
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
South Knox Elementary School
Public District PK-5
0.7 mi
•801 Sevier Ave
2
Green Magnet Academy
Public Magnet KG-5
0.7 mi
•801 Lula Powell Dr
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 most common annual income of people living in Knoxville, TN is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living 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 603 W Main St Unit 602
This home is located at 603 W Main St Unit 602 in Knoxville, TN and zip code 37902 in the Downtown neighborhood. This 803 square foot home, which was built in 1930, sits on a 0.49 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 1, 2025 and is currently priced at $459,000.
In February 2025, from all listings sold in Knoxville, TN there were more than 54 sold above asking price, over 168 sold below and more than 61 were sold right at the asked price. The inventory of homes for sale in Knoxville, TN between January and February 2025 increased by 3%. The median list price of listings available in February 2025 was $382,067, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.