
Phoenix, AZ 85003
This Historic Art Deco Loft offers a sophisticated urban lifestyle, listed at $340,000, which aligns perfectly with its $340,000 Fair Market Value. Boasting a Good Condition Rating, the residence features authentic Exposed Red Brick, 10'8" Ceilings, and a Granite Kitchen with stainless steel appliances. Residents enjoy a Downtown City Lights View and premium building amenities including a heated pool, sauna, and fitness center. Located directly on the light rail near Roosevelt Row, this move-in-ready home is an ideal match for urban professionals or first-time buyers seeking a piece of Phoenix history.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 W ADAMS Street 503 Subject | $340,000* List Price | 1 | 1 | 858 | $396 | - |
A 114 W ADAMS Street 910 Sold | $336,000 | 1 | 1 | 833 | $403 | 0.0 mi |
B 114 W Adams Street 505 Sold | $310,000 | 1 | 1 | 710 | $437 | 0.0 mi |
C 114 W ADAMS Street 910 Sold | $336,000 | 1 | 1 | 833 | $403 | 0.0 mi |
D 114 W ADAMS Street 907 Sold | $370,000 | 2 | 2 | 953 | $388 | 0.0 mi |
E 114 W ADAMS Street 907 Sold | $370,000 | 2 | 2 | 953 | $388 | 0.0 mi |
F 114 W Adams Street 505 Sold | $310,000 | 1 | 1 | 710 | $437 | 0.0 mi |
G 114 W ADAMS Street 802 Active | $317,500 List Price | 1 | 1 | 837 | $379 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 2005, falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready with well-maintained features including wood flooring, granite kitchen countertops, and stainless steel Frigidaire appliances. The bathroom is updated with marble surfaces and modern black fixtures. While the cabinetry reflects the original 2005 construction style, the overall condition is excellent for its age, showing minimal wear and tear and benefiting from a timeless industrial loft aesthetic with exposed brick and concrete.
The unit features authentic Art Deco character with 10'8" ceilings, exposed red brick walls, and industrial ductwork, offering a unique 'true loft' aesthetic that is rare in the Phoenix market.
Situated directly on the light rail in the heart of downtown Phoenix, the property offers exceptional walkability to Roosevelt Row, sports venues, and premier dining, perfect for an urban lifestyle.
The building provides a high-end lifestyle package including a heated pool, spa, sauna, steam room, fitness center, and concierge services, which are premium features for a historic conversion.
The HOA fee of $755 per month is relatively high for a one-bedroom residence, which may impact buyer affordability and overall investment yield.
Parking is located in a separate facility next door rather than within the building itself, which may be a convenience drawback for residents during inclement weather or when carrying groceries.
Located on the 5th floor of the historic Orpheum Lofts, this one-bedroom, one-bath residence enjoys a desirable setting with impressive views of the downtown city lights. The generously sized layout features soaring 10'8'' ceilings, wood flooring, exposed ductwork, and distinctive red brick walls, all contributing to an open, loft-style design. The building itself is solidly constructed of concrete and brick, offering both character and durability. In addition to in-unit storage, the home includes a large, secured basement storage locker measuring approximately 6' x 8'. Situated on the light rail and in the heart of downtown Phoenix, the location offers exceptional walkability to restaurants, entertainment venues, theaters, movie houses, sports and Roosevelt Row. This is a unique chance to own a true piece of Phoenix history. Utility costs are billed monthly through the HOA. The Orpheum Lofts is one of the few historic downtown Phoenix buildings thoughtfully reimagined as residences. Originally constructed in the 1930s as the Phoenix Title and Trust Building, the property was completely gutted and renovated in classic Art Deco style. The lofts feature open floor plans with trendy exposed ductwork and warm brick walls. From the moment you enter the retro lobby, highlighted by marble and terrazzo tile, you know this is not "typical" Phoenix living. Residents can enjoy the second-floor interior courtyard, an ideal spot for morning coffee or gathering with friends. Additional amenities include a heated swimming pool and spa, sauna, steam room, club room, fitness center, conference room, storage lockers, and concierge services. Parking is conveniently located next door.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 858 | 874.5 | 50% |
| Lot Size | 872 | 843 | 55% |
| Price | $340.0K | $336.0K | 55% |
| Price per sq ft | $396 | $357 | 65% |
| Built year | 2005 | 2005 | 50% |
| HOA | $755 | $554 | 80% |
| Days on market | 101 | 1631 | 5% |
Jan 15, 2026
$340,000
Initial Listing