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116 S Gay St #206, Knoxville, TN 37902
116 S Gay St #206, Knoxville, TN 37902
Sold for $605,000
116 S Gay St #206, Knoxville, TN 37902
Sold for $605,000
116 S Gay St #206, Knoxville, TN 37902
116 S Gay St #206, Knoxville, TN 37902
116 S Gay St #206, Knoxville, TN 37902
116 S Gay St #206, Knoxville, TN 37902

116 S Gay St #206 Knoxville, TN 37902

$605,000

CLOSED
Beds
2
Baths
1
Sqft
990
Acres
0.05
Year
1920
Close Date
Aug 31, 2023
Property Type
Residential
Sub Type
Condominium
Per Square Foot
$611
Date Listed
Jul 21, 2023

Description of 116 S Gay St #206, Knoxville, TN 37902

Listing details for 116 S Gay St #206, Knoxville, TN 37902 : This unit is unique in that is only 1 of 16 units in the entire building that does not have a restriction against being used as a short-term rental like an Airbnb or VRBO. Owners can use the unit for their own personal use to attend football, baseball and basketball games, attend concerts, shows and other events or to spend holidays downtown. When owners are not using it for themselves, they can generate passive income by using it as a short-term rental. Sterchi Lofts is located in the heart of downtown Knoxville and is within walking distance of Market Square, the Old City area and the site of the new baseball stadium construction. It's also convenient to the University of TN campus and the developing South Knoxville Waterfront area. Enjoy all the best restaurants, nightlife and entertainment that downtown has to offer and generate income on the side. Unit comes furnished! (New Owners would need to obtain their own STR permit)
Listing Updated : 09-21-2026 at 4:55 AM CDT
Listing Provided By

Joe Consumo, Terminus Real Estate, Inc.

Properties displayed may be listed or sold by various participants in the MLS

Source

East Tennessee Realtors, MLS#: 1233959

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$484K – $770K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$484K – $770K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
8/31/2023
Sold
$605,000
$611/sqft
Source:East Tennessee Realtors #1233959
7/21/2023
Listed for sale
—
Source:East Tennessee Realtors #1233959
4/15/2019
Sold
$273,000
$276/sqft
Source:East Tennessee Realtors #1076128
3/20/2019
Listed for sale
—
Source:East Tennessee Realtors #1076128

Location of 116 S Gay St #206, Knoxville, TN 37902

Streetview of 116 S Gay St #206, Knoxville, TN 37902

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$484K – $770K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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