
Tempe, AZ 85281
This Modern Industrial Live-Work Loft is listed at $515,000, positioned within the $470,280 Fair Market Value range while offering a competitive price-per-square-foot for the building. Boasting a Good Condition Rating, the interior features 11-foot concrete ceilings, custom cabinetry, and a scenic mountain view. Significant updates include a new AC unit and refrigerator, ensuring a turnkey transition. With its rare Live-Work Zoning and two secure parking spaces near ASU, this property is an ideal match for Urban Professionals or Entrepreneurs seeking a high-visibility, versatile asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 E 6TH Street 306 Subject | $515,000* List Price | 1 | 2 | 1,525 | $308 | - |
A 140 E RIO SALADO Parkway 104 Sold | $399,000 List Price | 1 | 2 | 1,508 | 0.5 mi | |
B 312 S HARDY Drive 106 Sold | $439,000 | 2 | 3 | 1,451 | $303 | 0.9 mi |
C 312 S HARDY Drive 106 Sold | $439,000 | 2 | 3 | 1,451 | $303 | 0.9 mi |
D 312 S HARDY Drive 106 Sold | $439,000 | 2 | 3 | 1,451 | $303 | 0.9 mi |
E 21 E 6TH Street 611 Active Under Contract | $449,900 List Price | 2 | 2 | 1,173 | $384 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and reflects a well-maintained industrial loft aesthetic. While built in 2002, it features high-quality original elements such as 11-foot concrete ceilings, large-format tile flooring, and extensive custom built-in cabinetry. The kitchen is functional with a large island and stone countertops, and the listing notes a brand-new AC unit and refrigerator, addressing major system longevity. The bathrooms and fixtures appear clean and in good working order, fitting the 'Good' criteria of being well-maintained with minimal wear and tear.
The property's unique zoning allows for both residential and commercial use, providing exceptional flexibility for entrepreneurs or professionals to operate a business directly from their home.
With 11-foot ceilings and 1,525 square feet of open space, the loft offers a grand, airy feel and a flexible layout that can easily be converted into a two-bedroom configuration.
The unit includes two dedicated spaces in a secure underground gated garage and benefits from 24/7 building surveillance, offering peace of mind and convenience in a busy urban area.
The monthly HOA fee of $587 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
The local public schools assigned to this address have lower-to-average ratings, which may be a drawback for families prioritizing high-performing educational districts.
This stylish loft at Orchidhouse features soaring 11-ft ceilings and abundant natural light from its third-floor windows. The gourmet kitchen includes a large island and ample cabinetry, ideal for cooking and entertaining. Custom low-voltage lighting and built-in cabinetry run throughout the loft, including a convenient Murphy bed. Currently configured as a spacious 1-bedroom, 2-bath, the layout and size may allow for a second bedroom. This property is zoned for live-work use and may also be utilized as a commercial space, making it perfect for entrepreneurs, creatives, or professionals looking to operate a business from home. The unit includes two parking spaces in a secure, underground gated garage. The building also features 24/7 surveillance and security. NEW AC Unit and Refrigerator
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades PK-5 • 1.6 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,525 | 1,508 | 53% |
| Lot Size | 1,518 | 1,518 | 50% |
| Price | $515.0K | $0 | 80% |
| Price per sq ft | $338 | $0 | 73% |
| Built year | 2002 | 2002 | 50% |
| HOA | $587 | $375 | 53% |
| Days on market | 44 | 2907 | 7% |
Mar 9, 2026
$515,000
Initial Listing