418 S Gay St 504, Knoxville, TN 37902
New Listing
$539,900
Property Type:
Single Family
Bedrooms:
2
Square Footage:
1,215
Status:
Pending - Continue to Show
Current Price:
$539,900
List Date:
1/16/2026
Last Modified:
1/20/2026
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.
More Information MLS# 1326694
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 539900
Current Price: $539,900
Status: Pending - Continue to Show
Listing Date: 2026-01-16
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
General Property Description
Type: High Rise
# Bedrooms: 2
Lot Dimensions: 0
Acre Source: Tax Records
# of Rooms: 4
Restrictions: Yes
Site Built: Yes
Fireplace: No
HOA Fee: 320
HOA Freq: Monthly
HOA Contact: Fennell Property Management, Inc. / 865-384-7480
Property Status: N/A
SqFt - Main Lvl: 1215
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: Mandatory
Position of Unit: 5th Floor, Gay St.
Basement: No
Bonus Room: No
Extra Storage: No
SqFt - Total (Aprox): 1215
Baths - Full: 1
Year Built: 1899
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.
Atchd/Dtchd Type
Attached: 1
Style
Historic: 1
Other: 1
Construction
Brick: 1
Other: 1
Siding
Brick: 1
Other: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Other: 1
Floors
Hardwood: 1
Tile: 1
Garage/Parking
Other: 1
Basement
Other: 1
Lot Description
Other: 1
Fuel
Electric: 1
View
City: 1
Heat
Central: 1
Heat Pump: 1
Community Amenities
Elevator: 1
Dining Area
Breakfast Bar: 1
Kitchen/Dining Rm Co: 1
Living Rm/Dining Rm: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Exterior Features
Cable Available (TV Only): 1
Misc Features
Washer/Dryer Connect: 1
Wired for Internet: 1
Sewer
Public Sewer: 1
Water
Public: 1
Association Fee Incl
Association Ins: 1
Building Exterior: 1
Grounds Maintenance: 1
Sewer: 1
Water: 1
New Financing
Cash: 1
Other: 1
Showing
See Agent Instructns: 1
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
Geo Lat: 35.965981
Geo Lon: -83.91817
Status Change Info
Status Change Date: 2026-01-20
Under Contract Date: 2026-01-17
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: January - 20 - 2026
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