418 S Gay St 504, Knoxville, TN 37902

$539,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,215 Status: Closed
Current Price: $539,000 List Date: 1/16/2026 Last Modified: 2/09/2026

Overview

Description

Impressive loft in the iconic Phoenix building, which was originally constructed in 1899 and given new life when renovated in the early 2000s into a mixed-use development that now boasts a first-floor coffee & doughnut shop, old-fashioned soda fountain, art gallery and locally-owned neighborhood pharmacy. This chic two-bedroom residence features a large open great room with soaring ceilings, expansive windows overlooking vibrant Gay Street, hardwood floors, and open kitchen with generous storage. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Phoenix Building. Approx. size per Courthouse Retrieval System is an estimate only and is not guaranteed. Buyer to verify size, taxes and HOA fees, which are subject to change. Public parking is offered directly behind the building in the attached Promenade Garage. And in the nearby State St. Garage, parking is currently free on nights and weekends; subject to availability.

Listing Details MLS# 1326694

Location Tax Legal Info

House #
418
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
095IA03500Q
Subdivision
The Phoenix Building Condominiums

Contract Info

Auction Y/N
No
Listing Price
539900
Occupancy
Permanent Residence

General Property Description

Type
High Rise
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
1215
SqFt - Main Lvl
1215
# Bedrooms
2
Baths - Full
Yes
# of Rooms
4
Fireplace
No
Property Status
N/A
HOA
Mandatory
HOA Fee
320
HOA Freq
Monthly
HOA Contact
Fennell Property Management, Inc. / 865-384-7480
Position of Unit
5th Floor, Gay St.
Year Built
1899
Bonus Room
No
Extra Storage
No
Lot Dimensions
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2026-02-09
Under Contract Date
2026-01-17
Sold Date
2026-02-06

Location, Tax & Legal Info

Unit #
504
Area
Knox County - 1
Property Sub-Type
Condominium
Community
Downtown
City/County Code
City Limits
Total Tax
3443.44

Remarks & Misc

Directions
The Phoenix Building is situated on the vibrant 400-Block of Gay Street, which is home to popular destinations, such as Mast General Store, Maple Hall & The Art Market. Residences are located on the top four floors of the Phoenix Building, above Status Dough and the Phoenix Pharmacy & Soda Fountain. Paid parking is offered in the Promenade Garage, which is directly behind the building. Parking is also offered in the nearby State Street Garage, where night & weekend parking is free to the public & Downtown residents are currently offered reduced parking rates; subject to availability.
Public Remarks
Impressive loft in the iconic Phoenix building, which was originally constructed in 1899 and given new life when renovated in the early 2000s into a mixed-use development that now boasts a first-floor coffee & doughnut shop, old-fashioned soda fountain, art gallery and locally-owned neighborhood pharmacy. This chic two-bedroom residence features a large open great room with soaring ceilings, expansive windows overlooking vibrant Gay Street, hardwood floors, and open kitchen with generous storage. Stroll outside and enjoy many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new Covenant Health Park stadium, library, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, the University of Tennessee, and the South Waterfront, you can easily access it all from your home in the Phoenix Building. Approx. size per Courthouse Retrieval System is an estimate only and is not guaranteed. Buyer to verify size, taxes and HOA fees, which are subject to change. Public parking is offered directly behind the building in the attached Promenade Garage. And in the nearby State St. Garage, parking is currently free on nights and weekends; subject to availability.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Historic
Yes
Other
Yes

Construction

Brick
Yes
Other
Yes

Siding

Brick
Yes
Other
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes
Other
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Other
Yes

Basement

Other
Yes

Lot Description

Other
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes
Heat Pump
Yes

Community Amenities

Elevator
Yes

Dining Area

Breakfast Bar
Yes
Kitchen/Dining Rm Co
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Exterior Features

Cable Available (TV Only)
Yes

Misc Features

Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Association Fee Incl

Association Ins
Yes
Building Exterior
Yes
Grounds Maintenance
Yes
Sewer
Yes
Water
Yes

New Financing

Cash
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Other Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Sewer: Public Sewer Water: Public Misc Features: Washer/Dryer Connect; Wired for Internet Exterior Features: Cable Available (TV Only) Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Sewer; Water Showing: See Agent Instructns New Financing: Cash; Other
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: February - 09 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.