424 S 2ND Street 206, Phoenix, AZ 85004, Phoenix, 85004 - 1 bed, 2 bath
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Phoenix, AZ 85004
This Industrial-Style Urban Loft is listed at $425,000, representing a stable lifestyle asset in the heart of Downtown Phoenix. Positioned near its $396,919 Fair Market Value, the property justifies its price through an Authentic Industrial Aesthetic featuring soaring ceilings, exposed brick, and steel barn doors. With a Fair Condition Rating, the 1,485 sqft interior includes a versatile loft space and a mountain view. Served by Central High School and Silvestre S Herrera School, this move-in ready sanctuary is an ideal lifestyle choice for Urban Professionals or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 S 2ND Street 206 Subject | $425,000* List Price | 1 | 2 | 1,485 | $267 | - |
A 310 S 4TH Street 1810 Sold | $395,000 List Price | 2 | 3 | 1,520 | 0.2 mi | |
B 310 S 4TH Street 1810 Sold | $459,817 List Price | 2 | 3 | 1,548 | 0.2 mi | |
C 310 S 4TH Street 2103 Sold | $377,000 List Price | 2 | 3 | 1,418 | 0.2 mi | |
D 310 S 4TH Street 1407 Sold | $341,000 | 1 | 2 | 1,074 | $318 | 0.2 mi |
E 310 S 4TH Street 1407 Sold | $341,000 | 1 | 2 | 1,074 | $318 | 0.2 mi |
F 310 S 4TH Street 1902 Sold | $320,000 | 1 | 2 | 900 | $356 | 0.2 mi |
G 310 S 4TH Street 908 Active | $364,900 List Price | 1 | 2 | 1,076 | $339 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is now 22 years old, placing it in the 'Fair' category. While the industrial loft style is well-maintained and move-in ready, the kitchen features dated honey-oak cabinetry and original solid-surface countertops that lack modern updates. The systems and finishes appear functional but are reaching the end of their typical 20-year refresh cycle.
Situated in the heart of Downtown Phoenix, this property offers exceptional walkability to major attractions including Chase Field, Footprint Center, ASU Downtown, and the Roosevelt Row arts district.
The loft features highly desirable architectural details such as soaring ceilings, exposed brick, and steel barn doors, providing a 'true urban' character that is rare in the local market.
With 1,485 square feet and a flexible upstairs loft space, the floor plan is ideal for a home office or guest area, further enhanced by the rare inclusion of two gated, covered parking spaces.
Despite the generous square footage, the unit only offers one private bedroom, which may limit its appeal to families or buyers requiring multiple enclosed sleeping quarters.
The property is zoned for schools with lower academic ratings (3 and 4), which could be a deterrent for families or impact long-term resale value compared to higher-rated districts.
Located in the heart of Downtown Phoenix, this industrial-style loft showcases soaring ceilings, exposed brick, and rare true urban character. Enter upstairs through a versatile lofted living space with a half bath offering the perfect setup for a home office, lounge or guest space. Downstairs features a full living area, spacious kitchen with wrap around island, and private bedroom with full bath, all grounded by warm wood flooring and industrial finishes including exposed steel barn door to bedroom. Unit includes 2 gated & covered parking spaces. Enjoy walkable, low-maintenance lifestyle, just steps from Roosevelt Row, ASU downtown, Chase Field, Footprint Center, light rail, dining, nightlife, etc. Perfect as a primary or investment opportunity in one of Phoenix's most dynamic urban core
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades 9-12 • 4.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,485 | 1,405 | 74% |
| Lot Size | 121 | 1,160 | 5% |
| Price | $425.0K | $341.0K | 58% |
| Price per sq ft | $286 | $286 | 50% |
| Built year | 2004 | 2007 | 37% |
| HOA | $285 | $689 | 11% |
| Days on market | 19 | 1400 | 5% |
Apr 3, 2026
$425,000
Initial Listing