116 S Gay St Unit L101, Knoxville, TN 37902
- $557,500
- 2
- BD
- 2
- BA
- 1,130
- SqFt
- List Price
- $557,500
- Price Change
- ▼ $15,000 1776136572
- MLS#
- 1321890
- Status
- ACTIVE
- Type
- Condo
- City
- Knoxville
- County
- Knox
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 1,130
- Year Built
- 1920
Property Description
Experience the best combination of value and location downtown at Sterchi Lofts. Enjoy urban living at its finest in this beautiful 2-bedroom, 2-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, level L supports only 4 total units on the entire floor and is also ground level on the back side of the building making moving furniture and unloading groceries easier than on other floors. This home puts you within walking distance of the Tennessee Theatre, Market Square, Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront. Step inside to an open-concept floor plan filled with natural light from the large living room window that is one of the few units downtown with views of trees and grass instead of brick and concrete. The 2nd bathroom was remodeled and updated. This unit also is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center which is conveniently located on the same floor and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate hiking and biking over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, ropes course and quarry at the nearby Ijams Nature Center. Don't miss this opportunity to own in the heart of downtown, in one of Knoxville's most centrally located buildings. *Bathroom mirrors do not convey. Buyers to verify square footage. Additional storage available to rent separately.
Additional Information
- Acres
- 0.03
- Community Amenities
- Elevator(s), Storage
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
- Construction
- Block, Other, Steel Frame, Brick, Metal Siding
- Cooling
- Central Air
- Floors
- Other
- Garage
- On Street, Off Street, Other
- Living Area
- 1,130
- Lot Description
- Other
- Style
- Historic
- Subdivision
- Sterchi Lofts Condos Unit L101
- View
- Mountain View
- Year Built
- 1920
- Restrictions
- Yes
- Hoa Fees
- $290
- Hoa Freq
- Monthly
- Association Fee Incl
- Association Ins, Building Exterior, Grounds Maintenance, Pest Control, Trash, Some Amenities, Fire Protection
- Water
- Public
- Sewer
- Public Sewer
- Unit
- L101
- Heating
- Central, Electric
- Num Of Rooms
- 4
- Restrictions
- Yes
- Hoa
- Mandatory
Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.
How It Works
Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.
Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.
Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.
Frequently Asked Questions
Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.
Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.
Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.
Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.
Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578
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Listing courtesy of Terminus Real Estate, Inc..
Agent: Joe Consumo |
Office: Terminus Real Estate, Inc. |