Welcome to 713 Market Street, a meticulously restored historic gem in the heart of Downtown Knoxville. The crown jewel of the building, this penthouse residence combines elevated luxury with exclusive features, including the ability to add a private rooftop deck on a portion of the roof (drawings provided). This rare opportunity offers a lifestyle of true distinction in one of the city's most desirable addresses. This spacious 2-bedroom, 2-bath home showcases open-concept living with expansive rooms, custom closets, and a high-end kitchen designed for both everyday comfort and refined entertaining. With over 15 oversized windows, natural light floods the space, highlighting the perfect blend of modern sophistication and timeless character. A dedicated storage closet in the basement adds to the convenience. Whether envisioned as a stylish primary residence, a downtown retreat, or an investment property, the penthouse delivers unmatched flexibility. Short-term rentals are permitted, offering strong investment potential alongside lifestyle appeal. Situated just steps from Knoxville's business core, cultural landmarks, and acclaimed dining, this property provides the ultimate connection to city living. HOA is currently being created and is not yet final Seller financing available: 6 years at 5% interest. Square footage to be verified by buyer.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 5
- Basement Features: Finished
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Kitchen Island
- Elevator
- Eat-in Kitchen
- Flooring: Laminate, Tile
- Window Features: Windows - Insulated
Appliances
- Tankless Water Heater
- Dishwasher
- Disposal
- Microwave
- Range
- Refrigerator
- Self Cleaning Oven
Heating and Cooling
- Cooling Features: Central Cooling
- Fireplace Features: Brick, Gas Log
- Heating Features: Central, Natural Gas, Electric
- Heating: Yes
- Number of Fireplaces: 1
Land Info
- Lot Size Acres: 0.02
- Lot Size Source: Tax Records
- Lot Size Square Feet: 871
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 553
- Association Fee Frequency: Monthly
- Association Fee Includes: Pest Contract, Fire Protection, Building Exterior, Association Ins
- Calculated Total Monthly Association Fees: 553
Other Property Info
- Annual Tax Amount: 3175
- Source Listing Status: Active
- County: Knox County - 1
- Directions: Take Exit 388A for James White Parkway, then follow signs for Summit Hill Drive and turn right onto Gay Street. Turn left onto Church Avenue, then left again onto Market Street, 713 Market will be on your right
- Source Property Type: Single Family
- Area: Knox County - 1
- Property Subtype: condo
- MLS Area Minor: Knox County - 1
- Source Neighborhood: The Cate Building Condos Unit 1B
- Parcel Number: 094LG03400C
- Subdivision: The Cate Building Condos Unit 1B
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1800
- Year Built: 1920
- Building Area Total: 1800
- Construction Materials: Stone, Brick
- Property Age: 105
- Property Attached: Yes
- Total Area Sqft: 1800
- Architectural Style: Historic
Utilities
- Sewer: Public Sewer
- Water Source: Public