Main - 304 S Gay St, Knoxville, TN 37902
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51 photos

$4,700,000

304 S Gay St, Knoxville, TN 37902
Knoxville, TN 37902
Listed by Jeffrey Dealejandro · PWA Properties
Bedrooms
5
Bathrooms
4.5
Living area
N/A
Year built
1946

About this home

Presenting Friedman's Loft, a short-term rental opportunity spanning more than 11,000 square feet in the heart of Downtown Knoxville. Located at 304 S Gay Street, this property combines historic character with modern finishes and expansive spaces designed for entertaining. The residence features five bedrooms, four-and-a-half bathrooms, multiple living and dining areas, a full kitchen, private elevator access, rooftop access, a spa room with sauna, and a two-car garage. A standout feature is the private speakeasy built within the building's original vault, complemented by a full bar, poker table, and historic details throughout. The lower level also includes a second kitchen, pool table, shuffleboard, and additional lounge space. All furnishings and decor convey with the sale, providing a turnkey short-term rental opportunity. With its iconic Gay Street location, exceptional scale, and distinctive amenities, Friedman's Loft offers a rare rental experience in the center of Downtown Knoxville. The commercial condo within the building may be purchased along with the loft.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1356454
Property type
Single Family Residence
Subdivision
See P002
Status
Active
Days on market
1
On market date
September 23, 2026
Stories
N/A
Total bathrooms
4.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.08 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Green Magnet Math And Science Academy
0.45 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
330
Student:teacher ratio
10.6:1
District
Knox County
Middle
Vine Middle/Magnet
0.95 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
10.2:1
District
Knox County
High
L N STEM Academy
0.36 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
574
Student:teacher ratio
15.1:1
District
Knox County

Walkability

Blended score for Knoxville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores7
Parks20
Schools19
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Knoxville, from live MLS data.

On the market 1 days -- 72 fewer days than Knoxville's current average of 73 days.
For reference, the median list price across 2,202 active listings in Knoxville right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$28,454/mo
$940,000 down
$3,760,000 loan
Principal & interest$24,387
Property tax (est.)$3,917
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 29 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.