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
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.