$4,500,000
$300K PRICE DROP

Estimated payment $24,520/month

Total Views 4,146
6 Beds
6 Baths
6,468 Sq Ft
$696 Price per Sq Ft

Highlights

  • City View
  • 3 Fireplaces
  • Brick Exterior Construction
  • Sequoyah Elementary School Rated A-
  • Eat-In Kitchen
  • 3-minute walk to Krutch Park

About This Home

Welcome to 713 Market Street! This meticulously restored historic gem in the heart of Downtown Knoxville is an entire free-standing heritage building offers rare flexibility: use it as one expansive home or three separate luxury residences, each with private elevator access.

Each floor is configured as its own 2-bedroom, 2-bath apartment featuring open-concept living, spacious rooms, custom closets, and high-end kitchens designed for everyday comfort and elegant entertaining. With over 15 windows per unit, every space is filled with abundant natural light, creating a warm and inviting atmosphere year-round.

Perfect as a primary residence, investment property, or luxurious second home, 713 Market Street accommodates a range of lifestyles. Ideal for extended families or close friends seeking both privacy and connection, this property offers the unique opportunity to live together while apart or rent out a portion while utilizing one of the units yourself.

Located just steps from Knoxville's business core, cultural destinations, entertainment and top dining.

SELLER WILLING TO OFFER SELLER FINANCING FOR 6 YEARS AT A 5% INTEREST RATE!

Can be sold as the whole building or seller is open to each unit being sold separately.

Includes: Parcel ID: 094LG034, 094LG03400A, 094LG03400B, 094LG03400C, 094LG03400D

Listing Agent

Orel Brodt

Alliance Sotheby's International License #362711 Listed on: 09/17/2025

Alliance Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,587

Year Built

  • Built in 1920

Lot Details

  • 3,659 Sq Ft Lot
  • Historic Home

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 6,468 Sq Ft Home
  • 3 Fireplaces
  • Gas Log Fireplace
  • Brick Fireplace
  • Storage
  • City Views
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 094LG034

Community Details

Overview

  • Property has a Home Owners Association
  • The Cate Building Condos Common Area Subdivision

Amenities

  • Community Storage Space
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,587

Year Built

Built in 1920

Lot Details

0

Listing Details

  • 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.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.08
  • Lot Size: 62.95 X 51.05 X IRR
  • Subdivision Name: The Cate Building Condos Common Area
  • Architectural Style: Historic
  • General Property Description:SqFt - Main Lvl: 2156.0
  • General Property Description:SqFt - 2nd Flr Lvl: 2156.0
  • General Property Description:SqFt - 3rd Flr Lvl: 2156.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Fireplace Features: Brick, Gas Log
  • Fireplaces: 3
  • Flooring: Laminate, Tile
  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Elevator
  • Window Features: Insulated Windows

Exterior Features

  • View: City
  • Lot Features: Other
  • Construction Type: Brick, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator(s), Storage
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 3659.0
  • Parcel #: 094LG034

Tax Info

  • Tax Annual Amount: 11587.3

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $156,360 $0 $0
2019 $0 $156,360 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2025 10/06/25 Price Changed $4,500,000 -6.3% $696 / Sq Ft
07/21/2025 07/21/25 For Sale $4,800,000 -- $742 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,850,000 None Listed On Document
Special Warranty Deed $875,000 None Available
Warranty Deed $345,000 None Listed On Document
Warranty Deed $650,000 Tennessee Valley Title Insur
Warranty Deed $323,700 Tennessee Valley Title Insur
Warranty Deed $60,000 None Available
Warranty Deed $612,500 None Available
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $675,000 Purchase Money Mortgage
Previous Owner $268,000 Commercial
Previous Owner $323,700 Commercial
Previous Owner $490,000 Commercial
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1309218

East Tennessee REALTORS® MLS

APN: 094LG-034