116 S Gay St #407, Knoxville, TN 37902
(MLS # 1330595)
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Experience authentic urban living in the heart of downtown Knoxville at 116 S Gay Street. Located on the historic 100 block of the Arts District, this rare 3-bedroom, 2-bath condo offers 1,260 square feet of thoughtfully designed space with an open floorplan that blends industrial character with warm, modern finishes. High ceilings, oversized windows, and exposed ductwork create a true loft-style feel, while the spacious kitchen with stainless appliances flows seamlessly into the dining and living areas--perfect for entertaining or relaxing after a night out downtown. Unique design elements, curated fixtures, and abundant natural light highlight this industrial minimalistic style. At the time of this posting, this is the only 3-bedroom condo available within the downtown borders listed under $1 million. Providing an exceptional opportunity for buyers seeking space, walkability, and long-term value in one of Knoxville's most desirable corridors. Step outside your door and walk to Market Square, award-winning restaurants, local coffee shops, live music, and entertainment venues like the historic Tennessee Theatre and Bijou Theatre. Enjoy nearby riverfront access, rooftop dining, and the vibrant energy that continues to fuel downtown Knoxville's strong residential demand. Whether you're looking for a primary residence, a second home, or an investment in a thriving urban market, this address delivers lifestyle, location, and rarity all in one. **The beds and the kitchen island will convey.
| LAST UPDATED | 2/26/2026 | TRACT | Sterchi Lofts Condos Unit 407 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Knox County - 1 |
| COUNTY | Knox County - 1 | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Maintenance Grounds, Pest Control |
| APPLIANCES | Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven |
| AREA | Knox County - 1 |
| BASEMENT | None |
| CONSTRUCTION | Block, Brick, Metal Siding, Stone |
| HEAT | Central, Electric |
| HOA DUES | 346|Monthly |
| INTERIOR | Eat-in Kitchen, Elevator, Kitchen Island |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Other |
| PARKING | Off Street, On Street, Other |
| SEWER | Public Sewer |
| STYLE | Historic |
| SUBDIVISION | Sterchi Lofts Condos Unit 407 |
| TAXES | 3991.53 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Terminus Real Estate, Inc.
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