
Tempe, AZ 85281
This Designer Loft is a Strong Value Opportunity, listed at $495,000—positioned well below the $512,994 Fair Market Value by 3%. This valuation gap offers $17,994 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with premium Fisher & Paykel appliances and a unique glass waterfall fountain, this move-in-ready home offers a sophisticated urban lifestyle. Located in the heart of Downtown Tempe with exceptional transit access, this property is ideal for Owner-Occupants or Urban Professionals seeking a high-end, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 E 6TH Street 510 Subject | $495,000* List Price | 2 | 2 | 1,342 | $382 | - |
A 140 E RIO SALADO Parkway 104 Sold | $399,000 List Price | 1 | 2 | 1,508 | 0.5 mi | |
B 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 new construction or fully renovated.
Although built in 2002, this designer loft is in mint condition and shows as a high-end renovation. The kitchen is updated with premium stainless steel appliances (Fisher & Paykel) and stone countertops. The unit features modern flooring, updated bathrooms, and well-maintained industrial-style HVAC systems, making it completely move-in ready.
Situated in the heart of Downtown Tempe, this loft offers unparalleled walkability to Mill Avenue, Tempe Town Lake, and a vibrant array of dining, shopping, and cultural venues.
Featured in 'Desert Living' Magazine, this move-in-ready home boasts a unique modern aesthetic, including a glass waterfall fountain and high-end wood-style flooring.
The property is mere moments from the Light Rail and Mill Ave Streetcar, providing exceptional connectivity for commuters and those seeking a car-free lifestyle.
The association fee of $1,042 per month is significantly high, which may impact buyer affordability and overall monthly carrying costs.
Despite having two bedrooms, the unit only offers 1.5 bathrooms, which may be a drawback for roommates or buyers expecting two full baths at this price point.
This absolutely STUNNING, one of a kind, designer Loft at the Orchidhouse shows as well as it did when it was featured in 'Desert Living' Magazine! Offering Downtown Tempe living at it's absolute finest, this 2 bedroom, 1.5 bathroom, modern dwelling places you right in the heart of shopping, dining, theatre, sports, and the cultural center! Completely Move In Ready... wood style flooring and tile installed throughout. Boasts a modern glass waterfall fountain! This is a must see loft for any clients with modern design taste! Mere moments away from Mill Avenue, Tempe Town Lake, the Light Rail, and Mill Ave Streetcar, this loft is certainly one of the nicest in Downtown Tempe, if not the entire valley!!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,500.5 | 40% |
| Lot Size | 133 | 1,282.5 | 30% |
| Price | $495.0K | $0 | 90% |
| Price per sq ft | $369 | $0 | 90% |
| Built year | 2002 | 2004 | 50% |
| HOA | $1042 | $586 | 60% |
| Days on market | 23 | 2696 | 10% |
May 14, 2026
$495,000
Initial Listing