
Phoenix, AZ 85004
This Urban Townhouse represents a Strong Value Opportunity, listed at $375,000—positioned above the $352,273 Fair Market Value. While currently priced slightly above market, the property maintains a Good Condition Rating and offers rare downtown utility with a tandem two-car garage and extra slab parking. Featuring a versatile loft and proximity to the ASU campus, this home provides a unique lifestyle for Urban Professionals or first-time buyers seeking a move-in ready residence in the heart of the Roosevelt Row Arts District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 E PORTLAND Street 106 Subject | $375,000* List Price | 1 | 3 | 1,238 | $285 | - |
A 615 E PORTLAND Street 115 Sold | $350,000 | 2 | 2 | 1,238 | $283 | 0.0 mi |
B 615 E PORTLAND Street 115 Sold | $350,000 | 2 | 2 | 1,238 | $283 | 0.0 mi |
C 615 E PORTLAND Street 115 Sold | $350,000 | 2 | 2 | 1,238 | $283 | 0.0 mi |
D 615 E Portland Street 261 Active | $374,500 List Price | 2 | 2 | 1,288 | $291 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 19-year-old property falls within the 10-20 year 'Good' range. The interior appears well-maintained and move-in ready with functional systems, as evidenced by the inclusion of a home warranty. While some finishes like the carpet and pedestal sink appear original to the build, the kitchen features updated stainless steel appliances and modern flooring.
Situated steps from the Roosevelt Row Arts District and the downtown ASU campus, this property offers unparalleled access to galleries, dining, and a vibrant urban lifestyle.
The inclusion of a tandem two-car garage plus an additional slab parking space is a rare and highly valuable feature for a downtown Phoenix residence.
With 1,238 square feet and a flexible loft area, the layout provides ample room for a home office or fitness studio, complemented by an unusual three-bathroom configuration for a one-bedroom unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1238, other record living area = 1616.
The $452 monthly association fee represents a significant recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
Despite the generous square footage and multiple bathrooms, the single-bedroom configuration may limit the property's appeal to a smaller buyer pool, such as singles or couples.
Experience the energy of downtown living in this stylish condo located just steps from the popular Roosevelt Row Arts District. The open main level is designed for comfortable daily living and easy entertaining, while upstairs you'll find a spacious primary suite, versatile loft space perfect for a home office or workout area, and a convenient stacked washer and dryer closet. Additional highlights include a tandem two-car garage plus an extra slab parking space. Residents enjoy access to community amenities including a pool, dog park, and welcoming outdoor gathering areas. Ideally situated near local restaurants, galleries, boutiques, and the downtown ASU campus, this home offers the perfect blend of comfort, convenience, and urban lifestyle. Property is currently covered by First AM American Home Warranty; one full year of coverage will be provided to the buyer at closing.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.8 mi
Grades PK-8 • 0.8 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 | 1,238 | 1,238 | 50% |
| Lot Size | 673 | 674 | 25% |
| Price | $375.0K | $350.0K | 75% |
| Price per sq ft | $303 | $283 | 75% |
| Built year | 2005 | 2004 | 75% |
| HOA | $452 | $364 | 50% |
| Days on market | 20 | 1105 | 25% |
May 24, 2026
$375,000
Initial Listing