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116 S Gay St #108, Knoxville, TN 37902
116 S Gay St #108, Knoxville, TN 37902
116 S Gay St #108, Knoxville, TN 37902
116 S Gay St #108, Knoxville, TN 37902
116 S Gay St #108, Knoxville, TN 37902
116 S Gay St #108, Knoxville, TN 37902
116 S Gay St #108, Knoxville, TN 37902

116 S Gay St #108 Knoxville, TN 37902

$430,000

ACTIVE
Beds
1
Baths
1
Sqft
620
Acres
0.01
Year
1920
Days on Site
1 Hour
Property Type
Residential
Sub Type
Condominium
Per Square Foot
$694
Date Listed
Oct 8, 2026

Description of 116 S Gay St #108, Knoxville, TN 37902

Listing details for 116 S Gay St #108, Knoxville, TN 37902 : 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
Listing Updated : 10-08-2026 at 9:01 PM CDT
Listing Provided By

Joe Consumo, Terminus Real Estate, Inc.

Source

East Tennessee Realtors, MLS#: 1358295

For more information on this listing contact us at 865-213-2899

Property History

DateEventPrice
10/8/2026
Listed for sale
$430,000
$694/sqft
Source:East Tennessee Realtors #1358295
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HomeKnoxvilleSterchi Lofts Condos Unit 108
For more information on this listing contact us at 865-213-2899