
Phoenix, AZ 85004
This Modern Live/Work Residence is a Stunning Move-In Ready Home listed at $624,900, offering a stable valuation near its $617,886 Fair Market Value. Boasting a Like-New Condition Rating, this 2017-built sanctuary features a unique street-level commercial suite and modern industrial finishes like polished concrete floors. Residents enjoy direct Hance Park views and proximity to ASU and Top-Rated Schools including Kenilworth Elementary and North High. This property offers a premium urban lifestyle in the heart of Phoenix. It is the perfect fit for Urban Professionals or Creative Entrepreneurs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1130 N 2ND Street 102 Subject | $624,900* List Price | 2 | 3 | 1,378 | $448 | - |
A 2323 N Central Avenue 705 Sold | $520,000 | 2 | 2 | 1,398 | $372 | 0.9 mi |
B 2323 N CENTRAL Avenue 705 Sold | $520,000 | 2 | 2 | 1,398 | $372 | 0.9 mi |
C 1130 N 2ND Street 308 Active | $439,900 List Price | 2 | 2 | 1,032 | $426 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and maintains a like-new condition. The interior features high-end modern industrial finishes, including polished concrete flooring, a contemporary kitchen with high-gloss cabinetry and stainless steel appliances, and updated light fixtures. The property shows no signs of deferred maintenance and meets current quality standards for a premium urban residence.
The unique two-story layout includes a street-level commercial suite, providing a turnkey solution for entrepreneurs, artists, or professionals seeking a dedicated, client-facing workspace.
Situated directly across from Hance Park and within walking distance to the light rail, ASU, and the downtown arts district, the property offers an exceptional urban lifestyle and high walkability.
Built in 2017, the residence features high-end industrial elements like polished concrete floors and roll-up glass doors that seamlessly blend indoor comfort with outdoor park views.
The monthly HOA fee of $673 is a significant recurring expense that may impact buyer affordability and overall carrying costs compared to other area options.
The strict prohibition of short-term rentals limits the property's appeal to investors and reduces flexibility for owners looking to generate supplemental income.
Modern live/work condo in the heart of downtown Phoenix, ideal for professionals, creatives, or entrepreneurs seeking a flexible lifestyle space. This two-story residence features 2 ensuite bedrooms, 2.5 baths, and a street-level commercial suite perfect for an office, studio, or client-facing business. Industrial design elements include polished concrete floors and roll-up glass doors opening to a private patio with park views. The open kitchen and living area offer stylish urban comfort, while upstairs suites provide privacy and space. Located across from Hance Park and close to dining, arts, light rail, ASU, and local hotspots. Includes two covered parking spaces and a community pool. No short-term rentals permitted. The commercial suite features a private street-level entrance, making it completely separate from the residential living space -- ideal for client-facing businesses that require discretion and professionalism. The suite can also function as a third bedroom, media room, or home gym for buyers who don't need a dedicated workspace. The En Hance Park HOA is well-established and financially healthy. Monthly dues of $673 cover water, sewer, trash, pest control, exterior and grounds maintenance, roof repair and replacement, and full building insurance -- significantly reducing the true cost of ownership compared to a single-family home. Two assigned covered carport spaces convey with the unit -- a genuine advantage in a neighborhood where street parking is competitive and garage spaces in nearby buildings can rent for $150-$200/month. Built in 2017, the building features secured gated access, elevator service, a community pool, biking and walking paths, and proximity to the Margaret T. Hance Park Japanese Friendship Garden and Phoenix Center for the Arts. Financing-friendly: Cash, Conventional, FHA, VA, and 1031 Exchange all accepted.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 58% |
| Square foot | 1,378 | 1,405 | 32% |
| Lot Size | 655 | 1,160 | 32% |
| Price | $624.9K | $341.0K | 89% |
| Price per sq ft | $453 | $318 | 89% |
| Built year | 2017 | 2007 | 95% |
| HOA | $673 | $689 | 42% |
| Days on market | 63 | 1400 | 5% |
Feb 18, 2026
$624,900
Initial Listing