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Condo for sale at 116 S Gay St #108, Knoxville, TN 37902 | MLS# 1358295 | Listing updated on 2026-10-09
Photo 1 of Condo for sale at 116 S Gay St #108, Knoxville, TN 37902 | MLS# 1358295 | Listing updated on 2026-10-09
Photo 2 of Condo for sale at 116 S Gay St #108, Knoxville, TN 37902 | MLS# 1358295 | Listing updated on 2026-10-09
Photo 3 of Condo for sale at 116 S Gay St #108, Knoxville, TN 37902 | MLS# 1358295 | Listing updated on 2026-10-09
Photo 4 of Condo for sale at 116 S Gay St #108, Knoxville, TN 37902 | MLS# 1358295 | Listing updated on 2026-10-09
23+
Beds Icon

Street View

$430,000

Monthly Est:$2,140

  • Beds Icon1 Bed
  • Beds Icon
    1 Bath
  • Beds Icon620sqft

116 S Gay St #108, Knoxville, TN 37902

$2,140/moEst:

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  • 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 East Tennessee REALTORS® MLS-TN

Part of

Building
116 S Gay St
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Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Knox County 1

  • City

    Knoxville

  • Neighborhood

    Downtown Knoxville

  • 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 Elevator

Trash Pickup Trash Pickup

Building Exterior Building Exterior

Association Ins Association Ins

Fire Protection Fire Protection

Grounds Maintenance Grounds Maintenance

Pest Contract Pest Contract

Some Amenities 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

DateEventPrice

10/09/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1358295

Listed for Sale

$430,000 -2.05%

$694/sqft

08/27/2024

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1273948

Listing Removed

$439,000

$708/sqft

Nearby Homes

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.