116 S Gay St 108, Knoxville, TN 37902
Listing provided by: Joe Consumo · Terminus Real Estate, Inc.
Source: East Tennessee REALTORS® MLS · MLS# 1358295
Listing last updated
About this home
TURNKEY SHORT-TERM RENTAL OPPORTUNITY IN THE HEART OF DOWNTOWN KNOXVILLE! Located in the historic Sterchi Lofts building, this fully furnished, loft-style condominium offers an exceptional opportunity to own a piece of downtown Knoxville while enjoying the flexibility of a personal retreat or investment property. Currently operated as a short-term rental, this property is being offered completely furnished and ready to go, providing an attractive opportunity for buyers looking to enter Knoxville's downtown vacation rental market without the hassle of furnishing and setting up a property from scratch. A loft style area was added to increase the sleeping capacity of the unit. Inside, you'll find an inviting open-concept loft with oversized windows that fill the space with natural light, comfortable living and sleeping areas, a fully equipped kitchen, and the convenience of an in-unit washer and dryer. The stylish furnishings and thoughtful layout create a welcoming atmosphere for guests visiting Knoxville for weekend getaways, University of Tennessee events, concerts, business trips, and downtown entertainment. Step outside and experience some of the very best that Knoxville has to offer. Situated in the vibrant Arts District and just steps from the Old City, this property places restaurants, coffee shops, breweries, galleries, and nightlife practically at your doorstep. Market Square and Gay Street are just a short stroll away, offering an incredible selection of dining, shopping, entertainment, and year-round events. Enjoy convenient access to the Tennessee Theatre, Bijou Theatre, World's Fair Park, the University of Tennessee, and Knoxville's exciting downtown attractions, including Covenant Health Park. For investors, the combination of a highly walkable downtown location, established short-term rental use, and a completely furnished interior makes this a compelling opportunity. For those seeking a second home or downtown getaway, enjoy the convenience of having your own place in the center of Knoxville's thriving urban scene. Whether you're looking to expand your investment portfolio or enjoy downtown Knoxville living, this Sterchi Lofts condominium offers location, character, convenience, and flexibility in one exceptional package. Buyers to verify Sq ft, HOA, and Taxes
Facts & features
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Half bathrooms: 0
- Heating: Central, Electric
- Cooling: Central Cooling
- Included: Dryer, Range, Washer, Disposal, Microwave, Dishwasher, Refrigerator, Self Cleaning Oven
- Features: Elevator, Eat-in Kitchen
- Flooring: Other
- Windows: Windows - Aluminum
- Total rooms: 2
- Total interior livable area: 620 sqft
- Parking features: Other, On-Street Parking, Off-Street Parking
- Attached garage: No
- Size: 0.01 acres · 435.6 sqft
- Features: Other
- View: City
- Parcel number: 094EG04300T
- Home type: Single Family
- Property subtype: Condominium
- Structure: High Rise
- Architectural style: Historic
- Materials: Brick, Other, Steel, Stone
- Year built: 1920
- Sewer: Public Sewer
- Water: Public
- Security: Smoke Detector
- Subdivision: Sterchi Lofts Condos Unit 108
- County: Knox County - 1
- MLS area: Knox County - 1
- Region: Knoxville
- Has HOA: Yes
- HOA fee: $151 monthly
- Includes: Trash, Pest Contract, Some Amenities, Association Ins, Fire Protection, Building Exterior, Grounds Maintenance
- Price: $430,000
- Price per square foot: $694/sqft
- Annual tax: $2,437.21
- Listing terms: Cash, Alternative
- Date on market: Oct 9, 2026
- Days on market: 0
- Status: Active
- MLS #: 1358295
Location
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