$3,295/ mo
Doesn't include deposits and fees
3 beds2 baths1260 sqft condo
116 S Gay St #307
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116 S Gay St #307
Your booked tour
What you get
Costs, fees, and lease terms
Lease terms
$3,295/month furnished (unfurnished on request) Available July 1, 2026 12-month lease, or longer. HOA fees covered by landlord Tenant pays utilities (electric, water, internet) One month security deposit Parking: street + nearby paid monthly garages (Market Square, State Street) No smoking.
Pricing comparison
At $3,295, this listing is priced similarly to the current market rate for a 3 bedroom home in Old City.
Other 3 bedroom homes in the area go for
- Old City$3,295
- Knoxville$2,085
- Knox County$2,085
- 37902$3,295
Pets
Dogs
Number allowed2Cats
Number allowed2
The neighborhood
About the building
Live above Gay Street in a piece of Knoxville history.…
The Sterchi Building once the headquarters of the largest furniture chain in the world is now one of downtown's most sought-after loft addresses. This 3-bedroom, 2-bath unit is fully furnished, move-in ready, and priced at $3,295/month. That's $1,098/person if you're splitting three ways.
What's outside your door
Walk to Market Square for morning coffee. Catch a Smokies game at Covenant Health Park in 5 minutes on foot. Hop the trolley to UT campus (1.9 mi). Thirty-plus restaurants and bars within four blocks. Walk Score: 92.
What's inside the unit
Three real bedrooms not awkward loft partitions plus two full bathrooms, so roommates actually get their space. Fully furnished with beds, dressers, living room set, dining table, and a stocked kitchen. In-unit washer and dryer. Stainless steel Samsung appliances. High ceilings and oversized windows with natural light all day. Bring your suitcase and your linens. Everything else is handled.
Building amenities
Rooftop patio with skyline and Smoky Mountain views. 24/7 fitness center with Peloton. Secure building access. Trash chutes on every floor. Historic 1920 build, fully modernized inside.
Who this is for
Three UT students or young professionals splitting at $1,098/person
Visiting faculty, grad students, or researchers who don't want to furnish a place
Travel nurses at UT Medical Center or Fort Sanders (1.5 miles away)
Anyone who wants the full downtown lifestyle without buying a single piece of furniture
What you pay
$3,295/month. Pets Welcome. HOA covered by landlord building insurance, trash, fire protection, and grounds maintenance. You pay electric, water, and internet. That's it.
In-person tours available. Reach out to schedule.
The property manager
Nearby schools
Students who live in 116 S Gay St #307 attend the following Knox County School District (Unified School District) public schools:
- 94.1 mi
Sequoyah Elementary School
Public, Grades PK - 5
- 21.8 mi
Vine Middle/Magnet
Public, Grades 6 - 8
- 42.6 mi
Austin East High/Magnet
Public, Grades 9 - 12
GreatSchools ratings are based on test scores and additional metrics when available.
116 S Gay St #307
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Find similar homes
 This listing 116 S Gay St #307 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 bed | — | — | $2,140+ | $1,524+ | $1,502+ | — | — | — | — |
| 2 beds | — | — | $2,880+ | $1,499+ | $1,644+ | — | — | — | — |
| 3 beds | $3,295 | $2,595+ | $3,945+ | $1,540+ | $1,938+ | $2,270+ | $3,400 | $3,870 | $3,200 |
| 4+ beds | — | $2,895+ | — | — | — | $2,880 | — | — | — |
| Total monthly price |  Total price | Total price | Total price | ||||||
| Distance | — | 5.6 miles away | 1.2 miles away | 8.4 miles away | 8.1 miles away | 5.6 miles away | — | 2.0 miles away | 0.6 miles away |
| Pets | Cats and Small Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Dogs Allowed | Cats and Small Dogs Allowed | No Pets Allowed | No Pets Allowed |
| Laundry | In Unit | In Unit | In Unit | Washer/Dryer Hookups | Washer/Dryer Hookups | In Unit | In Unit | In Unit | none |
| Security | — | — | — | — | — | — | — | — | — |
| A/C |  | — | — | | — | — | | — | |
| Dishwasher | | — | — | | — | — | | | — |
| Parking | — | | | | | | — | — | |
| Gym | — | | | | | | | — | — |
| Pool | — | | | | | | — | — | — |
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