116 S Gay St L101 Knoxville, TN $ 557,500
116 S Gay St L101
$ 557,500
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116 S Gay St L101

Knoxville, TN, 37902
$ 557,500
Bedrooms2 Baths2.0 Sq 1,130

Monthly Estimate*

$ 3,851

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Condo for sale in Knoxville, TN

for $557,500 with 2 bedrooms and 2 full baths. This 1,130 square foot condo was built in 1920 on a lot size of 0.03.

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.

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Condo Active

Price

$ 557,500

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 3,894

Style

Historic

Lot Size

0.03

Year Built

1920

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

1321890

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Cooling
Appliances Dishwasher Disposal Microwave Range Refrigerator Self Cleaning Oven
HOA Fee 290
Association Fee Includes Pest Contract Fire Protection Building Exterior Association Ins Trash Some Amenities Grounds Maintenance
Architectural Style Historic
Security Features Smoke Detector
Construction Materials Steel Other Brick Metal Siding Block
Year Built 1920
View Mountain View City
Unit Number L101
Property Subtype Condominium
Community Features Sidewalks
Assoc Fee Paid Per Monthly
County Knox County - 1
Property Type Single Family
Association Amenities Elevator
HOA true
Attached Garage false
Subdivision Name Sterchi Lofts Condos Unit L101
Total Rooms 4
Full Baths 2
Status Active
Directions Located on the 100 block of the Historic Arts District downtown.
City Knoxville
MLS Area Knox County - 1
Lot Size Units Acres
Lot Size Square Feet 1306.8
Property Attached Y/N true
MLS Area Minor Knox County - 1
Structure Type High Rise
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing Exchange true
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Interior
Interior Amenities Elevator Eat-in Kitchen
Basement None
Flooring Other
Total Fireplaces 0
Fireplace Features None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Aluminum
Fireplace Y/N false
Half Baths 0
Total Bedrooms 2
Total Baths 2
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Exterior
Parking Features On-Street Parking Off-Street Parking Other
Lot Features Other
Water Source Public
Lot Size Area 0.03
Building Area Total 1130
Lot Size Acres 0.03
Lot Size Source Tax Records
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* Excluded Features
List By
Joe Consumo

Listing Agent

Terminus Real Estate, Inc.

Broker

Affordability Calculator

$4,175
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,851
Monthly Property Taxes
$325
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2026$557,500 -2.62% Price Down
2/9/2026$572,500 Listed Price

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116 S Gay St L101, Knoxville, TN, 37902 is a Condo for sale at $557,500 with 1,130 sqft and a lot size of 0.03. 116 S Gay St L101 has 2 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 37902 which is in Knoxville, TN