353 E THOMAS Road C307, Phoenix, AZ 85012, Phoenix, 85012 - 1 bed, 2 bath
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Phoenix, AZ 85012
This Unique Industrial Loft Studio is listed at $260,000, representing a stable acquisition at its $260,000 Fair Market Value. Maintaining a Condition Rating of 3, the unit features polished concrete flooring and exposed masonry, delivering a turnkey, high-character living space. Its location near the Windsor Square historic district and major medical centers ensures consistent demand and lifestyle convenience. Currently operating as a successful Airbnb, the property balances immediate income potential with urban aesthetic appeal. This is an ideal opportunity for urban professionals or short-term rental investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 353 E THOMAS Road C307 Subject | $260,000* List Price | 1 | 2 | 1,102 | $236 | - |
A 1 E LEXINGTON Avenue 902 Sold | $324,900 List Price | 2 | 2 | 1,089 | 0.5 mi | |
B 1 E LEXINGTON Avenue 902 Sold | $315,000 List Price | 2 | 2 | 1,089 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained industrial-style loft that is move-in ready and currently operating as a successful Airbnb. Although the building was constructed in 1960, the unit features desirable modern-industrial elements such as polished concrete flooring and exposed masonry walls. The bathroom and living areas appear functional and clean with no immediate signs of deferred maintenance, though the fixtures and prefab shower stall are basic rather than high-end luxury. It meets the 'good' criteria as a move-in ready home with major systems appearing functional and within their expected lifespan.
This rare studio features a distinctive industrial loft style with significant character, standing out as one of only a few such units in the entire 167-unit complex.
Situated near the Windsor Square historic district, the property offers excellent proximity to the Phoenix Country Club, major museums, and top-tier medical facilities like Banner and St. Joseph's.
Currently operating as a successful Airbnb and offered move-in ready with furniture options, this unit provides an immediate opportunity for rental income or a seamless transition for a primary resident.
The monthly HOA fee of $664 is substantial for a studio-style unit, which may impact the overall affordability and monthly carrying costs for potential buyers.
Built in 1960, the property may face challenges associated with aging mechanical systems and common area maintenance typical of older condominium developments.
One of the RARE STUDIOS in Windsor Place! This condo building is located in the vicinity of the Windsor Square historic district with roots tracing back to 1929, though its development was delayed by the Great Depression and World War II. Although these condos were built later than the historic homes, they are part of the larger Windsor Square historic area, known for its mix of architectural styles, curvilinear streets, and development patterns reflecting Phoenix's growth. One of the only studios out of 167 units! Its unique loft style offers a blend of industrial design and city living. Currently operating as an Airbnb, this unit is move-in ready (with or without the furniture) and brimming with character. Near Phoenix Country Club, Heard Museum, PCH, Banner & St. Joseph
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,102 | 1,112 | 42% |
| Lot Size | 125 | 867 | 5% |
| Price | $260.0K | $329.0K | 47% |
| Price per sq ft | $236 | $355 | 47% |
| Built year | 1960 | 2008 | 16% |
| HOA | $664 | $533 | 79% |
| Days on market | 200 | 1104 | 26% |
Oct 8, 2025
$260,000
Initial Listing