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416 S Gay St 301, Knoxville, TN 37902

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For Sale

$1,800,000

3 beds • 2 baths • 2,512 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $716.56
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Welcome to the iconic, historic J.C. Penney building. This meticulously designed 3-bedroom, 2-bathroom condo is fully furnished and move-in ready. Featuring hardwood floors, exposed brick walls, original beams, and original shutters. The shuffleboard table is excluded. The kitchen features stainless steel appliances, granite countertops, and an open-concept dining area. The owner's suite features a walk-in closet, an owner's closet, and gorgeous French doors. The primary bathroom features a tiled walk-in shower, double vanity, and a soaker tub. The unbeatable location on Gay St. is centrally located near the Theatre District, Market Square, and Old City, offering endless dining and entertainment options without the commute. Short-term rentals are not permitted. Resident parking is available in the Promenade Garage directly behind the building ($40/month, not included in HOA fees). Public street and State St. Effective year 2000, year built 1905. Garage parking available at an additional $40 month. Make Downtown Knoxville your new lifestyle and schedule your showing today.
MLS# 1300859

Courtesy Of Alliance Sothebys International Realt

(865) 357-3232

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Disabled Access, Elevator
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block, Brick
  • Floor Covering
    Hardwood

Map and Directions

Directions to 416 S Gay St 301, Knoxville, TN 37902

Home seller CENTURY 21 Legacy

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Legacy

(865) 966-2121
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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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