387 N 2ND Avenue F2, Phoenix, AZ 85003, Phoenix, 85003 - 1 bed, 2 bath
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Phoenix, AZ 85003
This Historic Urban Loft is a rare end-unit listed at $400,000, positioned near its $375,365 Fair Market Value. Featuring a Fair Condition Rating, the 1929 character-filled space offers exposed brick accents, tall windows, and a personal detached garage—a significant rarity in downtown Phoenix. The property boasts an urban city view and exceptional walkability to Roosevelt Row, ASU, and the light rail. With low HOA fees and award-winning redevelopment bones, this residence is a standout choice for urban professionals or Owner-Occupants seeking a blend of historic charm and city convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 387 N 2ND Avenue F2 Subject | $375,000* List Price | 1 | 2 | 1,094 | $333 | - |
A 114 W ADAMS Street 907 Sold | $370,000 | 2 | 2 | 953 | $388 | 0.3 mi |
B 114 W ADAMS Street 907 Sold | $370,000 | 2 | 2 | 953 | $388 | 0.3 mi |
C 114 W ADAMS Street 907 Sold | $370,000 | 2 | 2 | 953 | $388 | 0.3 mi |
D 114 W ADAMS Street 910 Sold | $336,000 | 1 | 1 | 833 | $403 | 0.3 mi |
E 114 W ADAMS Street 910 Sold | $336,000 | 1 | 1 | 833 | $403 | 0.3 mi |
F 114 W Adams Street 505 Sold | $310,000 | 1 | 1 | 710 | $437 | 0.3 mi |
G 114 W ADAMS Street 609 Active | $399,000 List Price | 2 | 2 | 1,098 | $363 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was redeveloped in 2001, making the interior finishes and major systems approximately 24 years old. While the unit is well-maintained and features desirable historic elements like exposed brick, the kitchen and bathrooms show signs of being outdated, specifically the tile countertops and cabinetry style. The laundry appliances and utility area also reflect the age of the 2001 renovation, placing it in the 'Fair' category as it is functional but would require updates to meet modern 'Good' or 'Excellent' standards.
Situated in the heart of Downtown Phoenix, this property offers exceptional walkability to Roosevelt Row, ASU, major sports arenas, and the light rail system.
As a rare end-unit in a 1929 historic building, the loft features unique character including exposed brick accents, tall windows, and award-winning redevelopment design.
The inclusion of a personal detached garage and low HOA fees provides significant added value and convenience rarely found in boutique downtown loft developments.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =321, other record lot size in square feet = 32. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1094, other record living area = 960.
The one-bedroom configuration may restrict the buyer pool to singles or couples, potentially overlooking those needing a secondary bedroom or a formal home office.
The presence of carpet alongside tile may be seen as a drawback for buyers seeking the seamless, hard-surface flooring typically expected in high-end urban industrial lofts.
Don't miss this rare opportunity to own a highly desirable end-unit in the historic Lofts at Fillmore! This notable 1929 building underwent an award-winning redevelopment in 2001, creating just 18 unique and character-filled urban lofts in the heart of Downtown Phoenix. Enjoy a perfect blend of historic charm and modern comfort with exposed brick accents, tall windows, designer lighting, and a mix of tile and carpet flooring. The stylish kitchen offers wood cabinetry, stainless steel appliances, tile backsplash, and an island. The spacious bedroom provides great natural light and a private bath. Includes a personal detached garage, secure gated entry, and low HOA fees. Incredible downtown location near Roosevelt Row, ASU, Chase Field, Footprint Center, and the light rail. Experience urban living its finest at the Lofts at Fillmore!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,094 | 922 | 65% |
| Lot Size | 321 | 785 | 45% |
| Price | $375.0K | $336.0K | 70% |
| Price per sq ft | $343 | $335 | 50% |
| Built year | 2001 | 2005 | 25% |
| HOA | $389 | $546 | 5% |
| Days on market | 359 | 1631 | 30% |
Apr 24, 2026
$375,000
$400,000
-6% Price Drop
Initial Listing
May 2, 2025
$400,000
Initial Listing