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For sale
    • Price cut: $11K (6/5)
    $449,000

    116 S Gay St #M107, Knoxville, TN 37902

    2beds
    990sqft
    : 
    $3,072/mo
    Get pre-qualified
    Condominium
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $454/sqft
    $274/mo HOA

    What's special

    MOTIVATED SELLER! Enjoy urban living in the heart of downtown Knoxville in the iconic Sterchi Lofts located on the 100 block of the historic Arts District. This modern industrial condo is being sold FURNISHED and features an open floorplan with a seamless flow from the updated kitchen into a large, light-filled living area. The kitchen offers modern cabinetry, Spanish Rocca tile backsplash and stainless steel appliances. This property puts you steps away from the best highlights of downtown living like Market Square and the Old City. Conveniently located near top-rated restaurants, coffee shops, nightlife, and entertainment venues like the Tennessee and Bijou Theatres, Sterchi Lofts is just a few minutes to the University of Tennessee. Enjoy easy access to sporting events, festivals, concerts and everything Knoxville has to offer, all within walking distance. Whether you're searching for a primary residence, second home, or investment opportunity, this property delivers the ideal blend of location, lifestyle, and historic character. **Buyers to verify sq ft, taxes and HOA dues.
    94 days
    |
    246
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joe Consumo 865-386-3406,

    Terminus Real Estate, Inc. 865-673-6300

    Source: East Tennessee Realtors,MLS#: 1340576MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
      Features
      • Kitchen Island, Eat-in Kitchen
      • Flooring: Other
      • Windows: Aluminum Frames
      • Basement: None
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 990
      • Total interior livable area: 990 sqft

      Property

      Parking
      • Parking features: On Street, Off Street, Other
      • Has uncovered spaces: Yes
      Features
      • Has view: Yes
      • View description: Mountain(s), City
      Lot
      • Size: 871 Square Feet
      • Features: Other
      Details
      • Parcel number: 094EG04300L

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Historic
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Steel, Brick, Metal Siding, Block
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Smoke Detector(s)
      • Subdivision: Sterchi Lofts Condos Unit M107
      HOA
      • Has HOA: Yes
      • Services included: Pest Control, Fire Protection, Maintenance Structure, Insurance, Trash, Some Amenities, Maintenance Grounds
      • HOA fee: $274 monthly
      Location
      • Region: Knoxville

      Financial & listing details

      • Price per square foot: $454/sqft
      • Tax assessed value: $377,700
      • Annual tax amount: $1,467
      • Date on market: 5/18/2026
      • Listing terms: Alternative,Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/15/2026Price change$2,400+2.1%$2/sqft
        Source: Zillow Rentals Report a problem
        7/12/2026Listed for rent$2,350-2.1%$2/sqft
        Source: Zillow Rentals Report a problem
        6/5/2026Price change$449,000-2.4%$454/sqft
        Source: East Tennessee Realtors #1340576 Report a problem
        5/18/2026Listed for sale$460,000+16.5%$465/sqft
        Source: East Tennessee Realtors #1340576 Report a problem
        5/12/2026Listing removed$2,400$2/sqft
        Source: Zillow Rentals Report a problem
        3/17/2026Listed for rent$2,400+11.6%$2/sqft
        Source: Zillow Rentals Report a problem
        4/11/2024Listing removed--
        Source: Zillow Rentals Report a problem
        3/27/2024Listed for rent$2,150+79.2%$2/sqft
        Source: Zillow Rentals Report a problem
        2/26/2024Listing removed--
        Source: Zillow Rentals Report a problem
        2/13/2024Listed for rent$1,200-44.2%$1/sqft
        Source: Zillow Rentals Report a problem
        3/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/26/2023Listed for rent$2,150$2/sqft
        Source: Zillow Rentals Report a problem
        2/23/2023Sold$395,000$399/sqft
        Source: East Tennessee Realtors #1215902 Report a problem
        1/22/2023Pending sale$395,000$399/sqft
        Source: East Tennessee Realtors #1215902 Report a problem
        1/20/2023Listed for sale$395,000+5.3%$399/sqft
        Source: East Tennessee Realtors #1215902 Report a problem
        4/8/2022Sold$375,000+2.7%$379/sqft
        Source: East Tennessee Realtors #1184429 Report a problem
        3/19/2022Pending sale$365,000$369/sqft
        Source: East Tennessee Realtors #1184429 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,467 $94,425
        2024$1,467 $94,425
        2023$1,467 +264.9%$94,425 +264.9%
        2022$402 -22.7%$25,875 +5.5%
        2021$520 $24,525 -75%
        2020$520 $98,100
        2019-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Old City

        Getting around

        91 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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