116 S Gay St, Knoxville, TN 37902

Property Id: 2189274

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 home to one of downtown's most coveted loft addresses, and this 3-bedroom, 2-bath unit is move-in ready, fully furnished, and steps from everything that makes downtown Knoxville great.

Walk to Market Square for morning coffee.
Catch a Smokies game at the new Covenant Health Park (5 minutes on foot). Hop the trolley to UT campus (1.9 mi).
End the night at any of the 30+ restaurants and bars within four blocks of your front door.
The Walk Score is 92 for a reason.

What you get:
Three real bedrooms — not awkward loft partitions — and two full bathrooms means roommates actually get their space. The unit comes fully furnished with beds, dressers, living room, dining set, and a stocked kitchen. Bring your own linens and your suitcase; the rest is handled. In-unit washer and dryer, stainless steel Samsung appliances, high ceilings, and oversized windows that pour in light all day.

Building amenities:
Rooftop patio with skyline and Smoky Mountain views. 24/7 fitness center with Peloton. Secure building access. Trash chutes on every floor. Built in 1920, fully modernized inside.

Who this is perfect for:
Three UT students or young professionals splitting at $1,232/each. Visiting faculty or grad students who don't want to furnish a place. Travel nurses at UT Medical or Fort Sanders. Anyone who wants the downtown lifestyle without committing to buying a couch.

The basics:

$3,495/month furnished (unfurnished pricing on request)
Available June 7, 2026
12-month lease, or 14-month through July 2027 (preferred)
HOA fees covered by landlord
Tenant pays utilities (electric, water, internet)
One month security deposit
Parking: street + nearby paid garages (Market Square, State Street)
No pets, no smoking
Income 3x rent or qualified co-signer

Listing photos from October 2025. In-person tours available upon request. Read More