416 S Gay St # 204 Knoxville, TN $ 939,000
416 S Gay St # 204
$ 939,000
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416 S Gay St # 204

Knoxville, TN, 37902
$ 939,000
Bedrooms2 Baths2.0 Sq 1,456

Monthly Estimate*

$ 6,485

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Condo for sale in Knoxville, TN

for $939,000 with 2 bedrooms and 2 full baths. This 1,456 square foot condo was built in 1905 on a lot size of 0.03.

Experience urban living at its finest in Unit 204 of the iconic JC Penney Building, located in the heart of downtown Knoxville's vibrant Historic Gay Street district. This beautifully appointed 2-bedroom, 2-full-bath residence blends historic character with modern comfort, offering an exceptional opportunity to own a piece of Knoxville's rich architectural heritage. Situated within one of downtown's most recognizable landmarks, the condo features soaring ceilings, expansive windows that fill the space with natural light, and an open-concept layout designed for both everyday living and entertaining. Historic architectural details are thoughtfully preserved, creating a unique atmosphere that reflects the building's storied past while providing the conveniences of contemporary living. Elevator access offers added convenience and easy accessibility to the residence. Located directly above Maple Hall, one of downtown Knoxville's premier boutique bowling and entertainment destinations, the property places residents in the center of the city's dynamic energy while maintaining the privacy and comfort of an upscale residential retreat. Step outside your door and enjoy walkable access to Knoxville's premier restaurants, theaters, galleries, shops, and entertainment venues. Just moments from Market Square, the Tennessee Theatre, and the University of Tennessee campus, this location places the very best of downtown Knoxville within easy reach. Whether you're seeking a primary residence, a downtown retreat, or an investment opportunity, this unique find offers a rare combination of history, location, and urban sophistication in one of Knoxville's most sought-after addresses.

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Condo Active

Price

$ 939,000

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 4,233

Style

Lot Size

0.03

Year Built

1905

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

3615690

Features
General
Living Area 1456
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air Ceiling Fan(s)
Utilities Electricity Available Water Available
Possession Close Of Escrow
Appliances Dishwasher Disposal Dryer Microwave Range Refrigerator Washer
HOA Fee 463
Association Fee Includes Maintenance Structure Insurance Sewer Maintenance Grounds Water
Architectural Style Other
Construction Materials Other Brick
Year Built 1905
View City
Topography Other
Levels One
Unit Number 204
Property Subtype Other Condo
Assoc Fee Paid Per Monthly
County Knox County TN
New Construction N
Property Type Residential
Attached Garage N
Energy Efficient Windows
Subdivision Name Jc Penney Condo
Full Baths 2
Status Active
Buyer Financing Other Conventional
Directions Public parking is available in the Promenade Garage directly behind the building as well as the nearby State Street Garage or Market Square garage.
City Knoxville
Senior Community Y/N N
Lot Size Units Acres
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 4233
Virtual Tour https://youtu.be/vOxC3n2tIYw
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Interior Amenities Walk-In Closet(s) Ceiling Fan(s)
Basement Other
Flooring Wood Tile
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1456
Half Baths 0
Laundry Features Washer Hookup Electric Dryer Hookup
Total Bedrooms 2
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Lot Features Other
Water Source Public
Total Parking 0
Lot Size Area 0.03
Building Area Total 1456
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
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Internal Only
Street Number 1 416
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* Excluded Features
List By
Alliance Sotheby's International Realty

Broker

blake.pruitt@sothebysrealty.com

Email

Affordability Calculator

$6,838
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,485
Monthly Property Taxes
$353
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$939,000 Listed Price

Map


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416 S Gay St # 204, Knoxville, TN, 37902 is a Condo for sale at $939,000 with 1,456 sqft and a lot size of 0.03. 416 S Gay St # 204 has 2 bedrooms, 2.0 baths, and was built in 1905. The property's zip code is 37902 which is in Knoxville, TN