Freshly Renovated South Gay St. Condo
Brilliant recent renovations reveal the historic charm of this spacious condo located in a boutique building along downtown Knoxville's vibrant South Gay Street.
A flood of light from unique floor-to-ceiling windows compliment the exposed original brick walls - creating an airy, updated space with turn of the century vibes.
Enjoy recently completed renovations to this two bedroom two bathroom home, including freshly laid hardwood floors, remodeled bathrooms and updated appliances.
An elevator takes you directly from your doorstep to the main drag lined with restaurants, shops, and bars. The building is two blocks from the new Marble City dining hall.
Your private laundry room is tucked away behind historic French doors.
One year lease. Water is included in rent.
Sold for $525,000
$525,000
120 S Gay St APT 502, Knoxville, TN 37902
2beds
1,200sqft
Apartment
Built in ----
-- sqft lot
$528,500 Zestimate®
$438/sqft
$2,763 Estimated rent
Home value
$528,500
$502,000 - $560,000
$2,763/mo
Zestimate® history
Owner options
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$2,763/mo
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$2,763/mo
Rent Zestimate®
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$3,056/mo
Est. payment
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$3,056/mo
Est. payment
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List your homeWhat's special
Boutique buildingSpacious condoExposed original brick wallsUpdated appliancesRemodeled bathroomsFreshly laid hardwood floors
Zillow last checked:
Listing updated:
Source: Zillow Rentals
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Elevator
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Details: Contact manager
Accessibility
- Accessibility features: Disabled access
Features
- Exterior features: Bicycle storage, Heating system: Forced Air, Water included in rent
Details
- Parcel number: 094EG04200J
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Water
Community & HOA
Community
- Deposit fee: $2,650
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $213,500
- Annual tax amount: $829
- Date on market: 11/26/2025
- Date available: 11/26/2025
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $525,000+118.8%$438/sqft |
Source: Public Record Report a problem | ||
| 12/13/2025 | Listing removed | $2,650$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/19/2025 | Listed for rent | $2,650$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2025 | Listing removed | $2,650$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2025 | Price change | $2,650-5.4%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Price change | $2,800-6.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2025 | Listed for rent | $3,000+20%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/11/2022 | Price change | $2,500-9.1%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/28/2022 | Listed for rent | $2,750+66.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/23/2018 | Listing removed | $1,650$1/sqft |
Source: Owner Report a problem | ||
| 1/3/2018 | Price change | $1,650-8.3%$1/sqft |
Source: Owner Report a problem | ||
| 12/2/2017 | Listed for rent | $1,800$2/sqft |
Source: Owner Report a problem | ||
| 10/30/2017 | Sold | $239,900$200/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $829 | $53,375 |
| 2024 | $829 | $53,375 |
| 2023 | $829 | $53,375 |
| 2022 | $829 -18.2% | $53,375 +11.6% |
| 2021 | $1,014 | $47,825 -75% |
| 2020 | $1,014 | $191,300 |
| 2019 | $1,014 | $191,300 |
| 2018 | $1,014 -56.8% | $191,300 +300% |
| 2017 | $2,345 +87.5% | $47,825 |
| 2016 | $1,251 | -- |
| 2015 | $1,251 -43.2% | -- |
| 2014 | $2,204 +14% | -- |
| 2013 | $1,933 +117.8% | -- |
| 2012 | $887 | -- |
| 2011 | $887 | $37,600 |
| 2010 | $887 | $37,600 |
| 2009 | $887 +76.6% | $37,600 +101.3% |
| 2008 | $502 +0% | $18,675 |
| 2007 | $502 | $18,675 |
| 2006 | $502 | $18,675 |
| 2005 | $502 +38.3% | $18,675 +52.1% |
| 2004 | $363 | $12,275 |
| 2003 | $363 | $12,275 |
| 2002 | -- | $12,275 |
| 2001 | -- | $12,275 +8.6% |
| 2000 | -- | $11,300 |
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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Estimated market value
$528,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$528,500
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