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Off market
  • $612,800

    505 Union Ave APT 209, Knoxville, TN 37902

    2beds
    1,200sqft
    Apartment
    Built in 1928
    -- sqft lot
    $612,800 Zestimate®
    $511/sqft
    $2,574 Estimated rent

    Home value

    $612,800

    $558,000 - $680,000

    $2,574/mo

    Zestimate® history
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    What's special

    Bosch dishwasherExposed brick wallsOriginal hardwood floorsNew gaggenau refrigerator

    An executive tenant has just moved out, making this rarely available and premier 2 BR/2Bath condo #209 available for rent as of January 1, 2026. (It's highly likely the condo will be available a few days earlier; but it will be difficult to gain entry until the current tenant moves out.) Located at 505 Union Avenue, Knoxville, TN, in the DAYLIGHT BUILDING, just one block from Market Square and the YMCA gym, this upscale unit of 2 beds, 2 baths, has approximately 1,200 square feet and was built in 1928. This space retains the ORIGINAL HARDWOOD FLOORS and EXPOSED BRICK WALLS, along with its unique TWO WALLS OF WINDOWS overlooking Union and Walnut Streets. This unit is the only one in the building that has two banks of windows in this large a space.....truly the most coveted space in the Daylight Building for anyone desiring lots of natural light and ample open space. The Daylight Building also offers a large elevator and secure building entry as additional highly desired amenities. Just downstairs and highly convenient are popular commercial businesses that include Knoxville's only independent book store, a boutique coffee shop, Pete's Cafe, Eddie's Health Food Store, Tree & Vine (upscale cooking/olive oil/balsamic store), Citi Fido (pet supply store), and Knoxville's newest James Beard Chef restaurant, J.C. Holdway. Unit 209 Downtown Loft rents for $3100/month + a security deposit of $3100. Located 1 block from Market Square in the Daylight Building at 505 Union Ave., this 2 bed/2 bath includes a new Gaggenau refrigerator and Bosch dishwasher, microwave, cooktop/oven, and an in-unit full size washer/dryer. TWO NON-RESERVED PARKING SPACES ARE INCLUDED and available in the Market Square Parking Garage only steps away. In addition, three City parking garages within a block of the Daylight Building offer highly reasonable downtown parking to residents at less than $90/month. Water/sewer and HOA fees are included in the rent. Pets are welcome for an additional non-refundable pet fee of $500/year each, paid upfront annually. Please contact me with additional questions. Water/sewer and HOA fees are included in the rent. Pets are welcome for an additional non-refundable pet fee of $500/year each, paid upfront annually. Two non-reserved parking spaces are included and made available in the Market Square garage. ABSOLUTELY NO SMOKING. We are open to accepting a longer lease at these same terms. Please contact me with additional questions.

    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
    Rooms
    • Room types: Family Room, Master Bath
    Cooling
    • Air Conditioner, Central Air, Ceiling Fan
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Range Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Elevator, Storage, Wired for Data
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Details: Contact manager
    Features
    • Exterior features: Granite countertop, High-speed Internet Ready, Stainless steel appliances, Vintage
    Lot
    • Features: Near Public Transit
    Details
    • Parcel number: 094LH02000T
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    Condition
    • Year built: 1928

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated
    • Security: Security System
    • Deposit fee: $3,100
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $511/sqft
    • Tax assessed value: $320,900
    • Annual tax amount: $1,247
    • Date on market: 11/17/2025
    • Date available: 01/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    12/20/2025Listing removed$3,100$3/sqft
    Source: Zillow Rentals Report a problem
    11/17/2025Listed for rent$3,100$3/sqft
    Source: Zillow Rentals Report a problem
    12/6/2024Listing removed$3,100$3/sqft
    Source: Zillow Rentals Report a problem
    11/22/2024Listed for rent$3,100$3/sqft
    Source: Zillow Rentals Report a problem
    11/13/2024Listing removed$3,100$3/sqft
    Source: Zillow Rentals Report a problem
    9/29/2024Listed for rent$3,100$3/sqft
    Source: Zillow Rentals Report a problem
    11/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/19/2023Listed for rent$3,100+29.2%$3/sqft
    Source: Zillow Rentals Report a problem
    7/18/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/1/2022Listed for rent$2,400+26.3%$2/sqft
    Source: Zillow Rental Manager Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/25/2018Listing removed$1,900$2/sqft
    Source: Owner Report a problem
    8/30/2018Listed for rent$1,900$2/sqft
    Source: Owner Report a problem
    9/15/2016Sold$260,000$217/sqft
    Source: East Tennessee Realtors #978802 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,247 $80,225
    2024$1,247 $80,225
    2023$1,247 $80,225
    2022$1,247 -13.1%$80,225 +18.5%
    2021$1,435 $67,700 -75%
    2020$1,435 $270,800
    2019$1,435 $270,800
    2018$1,435 -23.9%--
    2017$1,885 $67,700
    2016-- --
    Find assessor info on the county website

    Neighborhood: Downtown Knoxville

    Nearby schools

    GreatSchools rating
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