
Tempe, AZ 85281
This Sophisticated Urban Corner Loft is listed at $725,000, offering a stable acquisition at its $725,000 Fair Market Value. Boasting a Move-In Ready Condition Rating, the expansive 1,932-square-foot interior features 11-foot ceilings, exposed brick columns, and premier mountain views overlooking Mill Avenue. The flexible floor plan provides exceptional Live/Work Versatility in the heart of Downtown Tempe, steps from ASU and the Metro light rail. This architectural residence is an ideal match for entrepreneurs or urban professionals seeking a high-character lifestyle sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 E 6TH Street 614 Subject | $725,000* List Price | 2 | 2 | 1,932 | $375 | - |
A 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | 0.5 mi |
B 140 E RIO SALADO Parkway 409 Sold | $690,000 | 2 | 2 | 1,600 | $431 | 0.5 mi |
C 140 E RIO SALADO Parkway 609 Sold | $839,000 List Price | 3 | 3 | 2,624 | 0.5 mi | |
D 140 E RIO SALADO Parkway 509 Active | $645,000 List Price | 2 | 2 | 1,600 | $403 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained. Built in 2003, it features high-quality wood flooring, 11-foot ceilings, and exposed brick that maintain a modern industrial appeal. The kitchen is equipped with stainless steel appliances and granite countertops; while the cabinetry is original to the construction, it shows minimal wear. The overall condition reflects a well-preserved unit with updated lighting and no immediate need for renovation.
Situated in the heart of Downtown Tempe on Mill Avenue, this property offers unparalleled walkability to ASU, the Metro light rail, Whole Foods, and a vibrant selection of dining and entertainment.
This rare corner loft features 11-foot ceilings, exposed brick columns, and expansive operable windows that flood the 1,932 square feet of living space with natural light and mountain views.
The generous square footage and flexible open floor plan make this an ideal space for entrepreneurs or professionals seeking a sophisticated live/work environment in a modern industrial setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1932, other record lot size in square feet = 193.
The monthly association fee of $1,017 is substantial, which may impact the overall affordability and debt-to-income ratio for potential buyers.
As a loft-style unit where the second bedroom is currently configured as an office, the space may lack the acoustic and visual privacy expected by traditional two-bedroom home seekers.
Here is a rare opportunity for any future urban dweller. This Highly sought after Corner Loft offers a possible 2 Bedroom--1 currently used as office, 2 Bathrooms, 1,932 s.f., of space with 11ft Ceilings! This Loft at the Orchidhouse boasts amazing views of Mill Avenue and offers tons of SUNLIGHT from its operable 6th floor windows. Includes wood floors, custom painting, custom lighting and exposed brick columns. Also includes W/D & and stainless steel kitchen appliances. Absolutely perfect for entrepreneurs looking for a LIVE / WORK flex space or for any urbanite searching for their very own home in the modern world! Enjoy Mill Avenue's shopping, dining & the Metro light rail, Whole Foods, Future Mill Ave Streetcar, ASU and all of Downtown Tempe's entertainment right out your front door!
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 | 1,932 | 1,508 | 73% |
| Lot Size | 1,932 | 1,716 | 67% |
| Price | $725.0K | $0 | 93% |
| Price per sq ft | $375 | $0 | 80% |
| Built year | 2003 | 2003 | 50% |
| HOA | $1017 | $375 | 60% |
| Days on market | 198 | 2907 | 13% |
Oct 6, 2025
$725,000
Initial Listing