Priced to sell! Experience vibrant downtown living in this stunning 2 bedroom, 2 bath condo located in the iconic Sterchi Lofts on historic Gay Street. Situated on the 9th floor, this spacious 1,260 sf ft condo offers beautiful city and mountain views along with the charm of historic architecture combined with modern comfort. The open, bright layout features an inviting living area and an eat in kitchen with a large island, perfect for entertaining or everyday living. The primary suite offers a private retreat with a walk-in closet and access to large laundry room. The second bedroom provides flexibility for guests, an office, or additional living space with easy access to the additional full bath. Enjoy the convenience of elevator access, secure building amenities, full gym and rooftop. Experience the unbeatable walkable lifestyle of downtown Knoxville, just steps from restaurants, coffee shops, theaters, shopping, and the University of Tennessee. Sterchi Lofts combines historic character with urban convenience in one of Knoxville's most desirable locations.
Closed
$470,000
116 S Gay St APT 909, Knoxville, TN 37902
2beds
1,260sqft
High Rise, Residential, Condominium
Built in 1920
-- sqft lot
$472,300 Zestimate®
$373/sqft
$2,821 Estimated rent
Home value
$472,300
$449,000 - $496,000
$2,821/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tiffany Dorn 865-588-3232,
Realty Executives Associates
Bought with:
Tiffany Dorn, 320698
Realty Executives Associates
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3182964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Features: Walk-In Closet(s)
- Level: Walk-In Closet(s)
Other
- Features: Utility Room
- Level: Utility Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Elevator, Walk-In Closet(s), Kitchen Island
- Flooring: Other, Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
- Finished area above ground: 1,260
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Has view: Yes
- View description: Mountain(s), City
Lot
- Size: 1,306 Square Feet
- Features: Other
- Topography: Other
Details
- Parcel number: 094EG04303S
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Other
- Property subtype: High Rise, Residential, Condominium
- Attached to another structure: Yes
Materials
- Other, Brick
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Sterchi Lofts Condos
HOA
- Has HOA: Yes
- Services included: Pest Control, Insurance, Trash, Maintenance Grounds
- HOA fee: $347 monthly
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $373/sqft
- Tax assessed value: $377,600
- Annual tax amount: $3,502
- Date on market: 10/4/2025
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Sold | $470,000-3.9%$373/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3182964 Report a problem | ||
| 3/25/2026 | Pending sale | $489,000$388/sqft |
Source:  East Tennessee Realtors #1317606 Report a problem | ||
| 3/7/2026 | Price change | $489,000-7.6%$388/sqft |
Source: East Tennessee Realtors #1317606 Report a problem | ||
| 2/10/2026 | Price change | $529,000-3.8%$420/sqft |
Source: East Tennessee Realtors #1317606 Report a problem | ||
| 11/7/2025 | Price change | $549,900-3.5%$436/sqft |
Source: East Tennessee Realtors #1317606 Report a problem | ||
| 10/4/2025 | Listed for sale | $569,900-1.6%$452/sqft |
Source: East Tennessee Realtors #1317606 Report a problem | ||
| 9/23/2025 | Listing removed | $579,000$460/sqft |
Source: East Tennessee Realtors #1311345 Report a problem | ||
| 9/19/2025 | Price change | $579,000-3.3%$460/sqft |
Source: East Tennessee Realtors #1311345 Report a problem | ||
| 9/19/2025 | Price change | $2,550-6.8%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2025 | Price change | $2,735-4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Listed for sale | $599,000-4.8%$475/sqft |
Source: East Tennessee Realtors #1311345 Report a problem | ||
| 8/1/2025 | Listing removed | $629,000$499/sqft |
Source: East Tennessee Realtors #1295137 Report a problem | ||
| 7/29/2025 | Listed for rent | $2,850+5.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/9/2025 | Price change | $629,000-4.6%$499/sqft |
Source: East Tennessee Realtors #1295137 Report a problem | ||
| 6/3/2025 | Price change | $659,000-3.7%$523/sqft |
Source: East Tennessee Realtors #1295137 Report a problem | ||
| 4/30/2025 | Price change | $684,000-2.1%$543/sqft |
Source: East Tennessee Realtors #1295137 Report a problem | ||
| 3/29/2025 | Listed for sale | $699,000+83.6%$555/sqft |
Source: East Tennessee Realtors #1295137 Report a problem | ||
| 3/22/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/28/2024 | Listed for rent | $2,700$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/1/2021 | Sold | $380,760$302/sqft |
Source: East Tennessee Realtors #1139070 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,467 | $94,400 |
| 2024 | $1,467 | $94,400 |
| 2023 | $1,467 | $94,400 |
| 2022 | $1,467 -20.1% | $94,400 +8.9% |
| 2021 | $1,837 | $86,650 -75% |
| 2020 | $1,837 | $346,600 |
| 2019 | -- | -- |
Find assessor info on the county website
Neighborhood: Old City
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Nearby schools
GreatSchools rating
- 10/10Sequoyah Elementary SchoolGrades: K-5Distance: 3.5 mi
- 2/10Vine Middle/MagnetGrades: 6-8Distance: 0.9 mi
- 4/10Austin East High/MagnetGrades: 9-12Distance: 2.4 mi
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- Tennessee
- Knox County
- Knoxville
- 37902
- Old City
- 116 S Gay St Apartment 909
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