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$557,500
116 S Gay St L101, Knoxville, TN 37902
Active234 days on market

Listing provided by: Joe Consumo · Terminus Real Estate, Inc.

Source: East Tennessee REALTORS® MLS · MLS# 1321890

East Tennessee REALTORS IDXListing last updated

2
Beds
2 full
Baths
1,130
Sq Ft
1920
Year Built
0.03
Lot (ac)
Single Family
Type
Video

About this home

Experience the best combination of value and location downtown at Sterchi Lofts. Enjoy urban living at its finest in this beautiful 2-bedroom, 2-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, level L supports only 4 total units on the entire floor and is also ground level on the back side of the building making moving furniture and unloading groceries easier than on other floors. This home puts you within walking distance of the Tennessee Theatre, Market Square, Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront. Step inside to an open-concept floor plan filled with natural light from the large living room window that is one of the few units downtown with views of trees and grass instead of brick and concrete. The 2nd bathroom was remodeled and updated. This unit also is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center which is conveniently located on the same floor and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate hiking and biking over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, ropes course and quarry at the nearby Ijams Nature Center. Don't miss this opportunity to own in the heart of downtown, in one of Knoxville's most centrally located buildings. *Bathroom mirrors do not convey. Buyers to verify square footage. Additional storage available to rent separately.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Half bathrooms: 0
Heating
  • Heating: Central, Electric
Cooling
  • Cooling: Central Cooling
Appliances
  • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
  • Features: Elevator, Eat-in Kitchen
  • Flooring: Other
  • Windows: Windows - Aluminum
Rooms
  • Total rooms: 4
Interior area
  • Total interior livable area: 1,130 sqft
Property
Parking
  • Parking features: On-Street Parking, Off-Street Parking, Other
  • Attached garage: No
Lot
  • Size: 0.03 acres · 1,306.8 sqft
  • Features: Other
Exterior
  • View: Mountain View, City
Details
  • Parcel number: 094EG04300A
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Condominium
  • Structure: High Rise
  • Architectural style: Historic
Materials
  • Materials: Steel, Other, Brick, Metal, Block
Condition
  • Year built: 1920
Utilities
Utilities
  • Sewer: Public Sewer
  • Water: Public
  • Security: Smoke Detector
Community & HOA
Community
  • Subdivision: Sterchi Lofts Condos Unit L101
  • County: Knox County - 1
  • MLS area: Knox County - 1
  • Region: Knoxville
HOA
  • Has HOA: Yes
  • HOA fee: $290 monthly
  • Includes: Pest Contract, Fire Protection, Building Exterior, Association Ins, Trash, Some Amenities, Grounds Maintenance
Financial & listing details
Financial
  • Price: $557,500
  • Price per square foot: $493/sqft
  • Annual tax: $3,894.15
Listing
  • Date on market: Nov 14, 2025
  • Days on market: 234
  • Status: Active
  • MLS #: 1321890

Location

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