- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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Street View
$430,000
Monthly Est:$2,140
1 Bed
- 1 Bath
1 full bath
620sqft
116 S Gay St #108, Knoxville, TN 37902
$430,000
$2,140/moEst:
Get Pre-Approved
Condominium
Built in 1920
$151/mo HOA
0.01 acre lot
$694/sq.ft
Description
TURNKEY SHORT-TERM RENTAL OPPORTUNITY IN THE HEART OF DOWNTOWN KNOXVILLE! Located in the historic Sterchi Lofts building, this fully furnished, loft-style condominium offers an exceptional opportunity to own a piece of downtown Knoxville while enjoying the flexibility of a personal retreat or investment property.
Currently operated as a short-term rental, this property is being offered completely furnished and ready to go, providing an attractive opportunity for buyers looking to enter Knoxville's downtown vacation rental market without the hassle of furnishing and setting up a property from scratch. A loft style area was added to increase the sleeping capacity of the unit.
Inside, you'll find an inviting open-concept loft with oversized windows that fill the space with natural light, comfortable living and sleeping areas, a fully equipped kitchen, and the convenience of an in-unit washer and dryer. The stylish furnishings and thoughtful layout create a welcoming atmosphere for guests visiting Knoxville for weekend getaways, University of Tennessee events, concerts, business trips, and downtown entertainment.
Step outside and experience some of the very best that Knoxville has to offer. Situated in the vibrant Arts District and just steps from the Old City, this property places restaurants, coffee shops, breweries, galleries, and nightlife practically at your doorstep. Market Square and Gay Street are just a short stroll away, offering an incredible selection of dining, shopping, entertainment, and year-round events. Enjoy convenient access to the Tennessee Theatre, Bijou Theatre, World's Fair Park, the University of Tennessee, and Knoxville's exciting downtown attractions, including Covenant Health Park.
For investors, the combination of a highly walkable downtown location, established short-term rental use, and a completely furnished interior makes this a compelling opportunity. For those seeking a second home or downtown getaway, enjoy the convenience of having your own place in the center of Knoxville's thriving urban scene.
Whether you're looking to expand your investment portfolio or enjoy downtown Knoxville living, this Sterchi Lofts condominium offers location, character, convenience, and flexibility in one exceptional package.
Buyers to verify Sq ft, HOA, and Taxes
- Houzeo last checked: 8 minutes ago
- Listing updated: October 9, 2026 at 1:56 am
- Listing Provided by: Joe Consumo (865) 386-3406 | Terminus Real Estate, Inc. (865) 673-6300
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1358295

Part of
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
Year Built
1920
HOA Fees
$151/mo
Finished Area
620 sqft
Lot Size
0.01 acre lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1358295
MLS Status
Active
Days on Market
1

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Location
HOA Management
N/A
HOA Fees
$151/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Elevator
Trash Pickup
Building Exterior
Association Ins
Fire Protection
Grounds Maintenance
Pest Contract
Some Amenities
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Flooring
Other
Cooling
Central Cooling
Interior Features
Elevator, Eat In Kitchen
Sewer
Public Sewer
Heating
Central, Electric
Window Features
Windows Aluminum
Construction
Year Built
Year Built: 1920
Home type
Condominium
Architectural Style
Historic
Construction Materials
Steel, Stone, Brick, Other
Utilities & Energy
Water Source
Public
Association Amenities
Elevator
Basement
None
Parking Features
On Street Parking, Off Street Parking, Other
Security Features
Smoke Detector
Fireplace Features
None
Other Features
Community Features
Sidewalks
Lot Features
Other
Subdivision Name
Sterchi Lofts Condos Unit 108
Price History
| Date | Event | Price |
|---|---|---|
10/09/2026 Source: | Listed for Sale | $430,000 -2.05% $694/sqft |
08/27/2024 Source: | Listing Removed | $439,000 $708/sqft |
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Based on information from the Knoxville Area Association of REALTORS MLS through Oct 09, 2026, 07:30AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.









