Skip main navigation
Off market
  • $846,400

    416 S Gay St APT 205, Knoxville, TN 37902

    2beds
    1,440sqft
    Apartment
    Built in ----
    -- sqft lot
    $846,400 Zestimate®
    $588/sqft
    $3,084 Estimated rent

    Home value

    $846,400

    $762,000 - $948,000

    $3,084/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,084/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,084/mo

    Rent Zestimate®

    Refinance and save

    $4,851/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,851/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Completely renovated loftOpen-concept layoutExposed brick interiorBreathtaking floor-to-ceiling windows

    Stunning Loft in the Historic JC Penny Building Prime Gay Street Location Experience the perfect blend of modern luxury and historic charm in this completely renovated loft, located in the iconic JC Penny Building on Gay Street the most sought-after location in the city. This 1,440 sq. ft. residence features 2 spacious bedrooms and 2 beautifully designed bathrooms, offering an open-concept layout with 12-foot ceilings and breathtaking floor-to-ceiling windows that fill the space with natural light. The exposed brick interior adds character and warmth, creating a stylish yet comfortable atmosphere. Residents enjoy secure building access and the convenience of a private elevator, ensuring both privacy and ease of living. Situated directly above Babalu and Maple Hall Bowling, you'll be steps away from the best dining, entertainment, and nightlife the city has to offer. Reserved parking is available at the Promenade Parking Garage, which connects to the building for ultimate convenience. Don't miss this rare opportunity to live in one of the city's most prestigious and vibrant locations Last Months Rent Due at Signing Tenant is Responsible for Utilities, Internet, and renters insurance policy Owner is responsible for HOA Dues and Propety Taxes.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump
    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: 1,440 sqft

    Property

    Parking
    • Parking features: Detached
    • Details: Contact manager
    Accessibility
    • Accessibility features: Disabled access
    Features
    • Exterior features: Electric Vehicle Charging Station, Internet not included in rent
    Details
    • Parcel number: 095IA03701F

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Community & HOA

    Community
    • Deposit fee: $3,590
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $588/sqft
    • Tax assessed value: $473,900
    • Annual tax amount: $1,841
    • Date on market: 3/31/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    5/11/2025Listing removed$3,590$2/sqft
    Source: Zillow Rentals Report a problem
    4/22/2025Price change$3,590-6.8%$2/sqft
    Source: Zillow Rentals Report a problem
    4/1/2025Listed for rent$3,850+42.6%$3/sqft
    Source: Zillow Rentals Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/6/2019Listing removed$2,700$2/sqft
    Source: Owner Report a problem
    3/5/2019Listed for rent$2,700$2/sqft
    Source: Owner Report a problem
    12/28/2015Sold$370,000$257/sqft
    Source: East Tennessee Realtors #941568 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,841 $118,475
    2024$1,841 $118,475
    2023$1,841 $118,475
    2022$1,841 -11.6%$118,475 +20.6%
    2021$2,082 $98,200 -75%
    2020$2,082 $392,800
    2019$2,082 $392,800
    2018$2,082 -56.8%$392,800 +300%
    2017$4,816 +3.2%$98,200
    2016$4,666 --
    Find assessor info on the county website

    Neighborhood: Downtown Knoxville

    Nearby schools

    GreatSchools rating
    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
    $846,400
    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
    $846,400