610 E Roosevelt Street 141, Phoenix, AZ 85004, Phoenix, 85004 - 1 bed, 3 bath
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Phoenix, AZ 85004
This mixed-use Live/Work Asset is a High-Potential Investment Opportunity, listed at $1,100,000—positioned above the $1,002,346 Fair Market Value. While priced at a premium, the property offers a rare, versatile configuration in the Roosevelt Row Arts District. Featuring a Good Condition Rating, the unit includes a street-level commercial space and a residential upper level with distant city skyline and mountain views. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-visibility, income-producing urban space in a dynamic corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 610 E Roosevelt Street 141 Subject | $1,100,000* List Price | 1 | 3 | 1,750 | $573 | - |
A 524 E AMES Place Active | $900,000 List Price | 3 | 4 | 1,973 | $456 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls within the 20-year age bracket for 'Good' condition. The interior shows well-maintained finishes, updated flooring in the residential unit, and modern bathroom tiling. The mixed-use space is functional and move-in ready with no apparent deferred maintenance.
Situated in the heart of the Roosevelt Row Arts District, this property benefits from high visibility and foot traffic, making it ideal for both commercial success and urban living.
The flexible live/work configuration features a street-level commercial space and a separate residential unit, offering versatile options for owner-occupancy or multiple rental streams.
Boasting a high walk score, the property is steps away from the light rail, galleries, dining, and major downtown employment hubs, ensuring long-term desirability.
The assigned public schools for this address currently hold low ratings (3-4), which may be a concern for families or impact future resale value to certain demographics.
With a $1.1M list price and a monthly association fee of $473, the property requires a significant capital investment and ongoing overhead compared to standard residential units.
Exceptional owner-user and investment opportunity in the heart of Downtown Phoenix's vibrant Roosevelt Row Arts District. Rarely available for purchase. This mixed-use live/work property features a street-level commercial space currently operating as a salon, ideal for retail, office, gallery, studio, café, or other creative uses, plus a separate upstairs residential unit offering owner-occupancy or rental income potential. Prime walkable location with strong visibility, high foot traffic, and close proximity to restaurants, galleries, nightlife, light rail, and downtown employment hubs. Flexible dual-use configuration ideal for owner-users, investors, or entrepreneurs seeking an income-producing asset in one of Phoenix's most dynamic urban corridors. Rare Investment Property Opportunity.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.8 mi
Grades PK-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 1,750 | 1,238 | 75% |
| Lot Size | 835 | 674 | 75% |
| Price | $1.10M | $350.0K | 75% |
| Price per sq ft | $629 | $283 | 75% |
| Built year | 2006 | 2004 | 75% |
| HOA | $473 | $364 | 75% |
| Days on market | 33 | 1105 | 25% |
May 11, 2026
$1,100,000
Initial Listing