706 E WASHINGTON Street 124, Phoenix, AZ 85034, Phoenix, 85034 - 2 bed, 3 bath
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Phoenix, AZ 85034
This Modern Loft-Inspired Townhouse is a Strong Value Opportunity, listed at $469,000—positioned well below the $504,319 Fair Market Value by 7%. This valuation gap offers $35,319 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with 2024 A/C upgrades and a Granite Kitchen, this home offers a high-walkability lifestyle in Downtown Phoenix. It is an ideal acquisition for Owner-Occupants seeking urban convenience or Buy-and-Hold Investors targeting high-demand rental markets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 706 E WASHINGTON Street 124 Subject | $449,000* List Price | 2 | 3 | 1,880 | $286 | - |
A 706 E WASHINGTON Street 114 Sold | $330,000 | 1 | 2 | 1,167 | $283 | 0.0 mi |
B 101 N 7TH Street 255 Sold | $440,000 List Price | 2 | 3 | 1,630 | 0.1 mi | |
C 706 E WASHINGTON Street 117 Active | $525,000 List Price | 3 | 3 | 1,876 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property qualifies as Excellent due to recent high-end renovations and system updates. It features a modern kitchen with upgraded cabinetry and granite, new flooring, and brand-new A/C units installed in 2024, meeting the criteria for a renovation under 5 years old with no maintenance required.
Boasting an exceptional walk score of 97 and bike score of 96, this property offers unparalleled access to Chase Field, ASU, and the vibrant dining and entertainment scene of Downtown Phoenix.
The interior features soaring ceilings, expansive windows for natural light, and significant recent upgrades including new A/C units installed in 2024 and a modernized kitchen with granite countertops.
With 1,880 square feet including a spacious loft and a primary suite with custom wardrobe racks, the floorplan provides a generous and flexible layout rarely found in urban townhomes.
The monthly HOA fee of $419 represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for some buyers.
The surrounding public schools carry lower performance ratings, with several nearby options rated between 2 and 4, which may be a consideration for families prioritizing top-tier educational districts.
Welcome home! This modern 2- bedroom + spacious loft space townhome is nestled in the heart of Downtown Phoenix, just one block from Chase Field and the convention center. Enjoy vibrant city living with walkable access to Arizona State University, the local Farmers Market, notable restaurants, coffee shops, and nightlife hotspots. From the moment you arrive, the community's contemporary architecture and warm exterior tones create an inviting first impression. Inside, the stylish loft-inspired floorplan is filled with natural light, highlighted by soaring ceilings and expansive windows that enhance the open, airy feel. The kitchen features upgraded cabinetry, granite countertops, and a functional layout perfect for everyday living and entertaining alike. The spacious primary suite offers a peaceful retreat with a large walk-in closet featuring custom wardrobe racks and built-in drawers. Step outside onto the private balcony and take in stunning city views while embracing the energy of downtown living. Additional upgrades include new A/C units installed on the second and third floors in 2024. With an impressive walk score of 97 and bike score of 96, this home places the very best of Downtown Phoenix right outside your door.
No exterior & parking available.
Grades K-3 • 2.7 mi
Grades PK-6 • 3.5 mi
Grades K-5 • 6.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,880 | - |
| Lot Size | 757 | - |
| Price | $449.0K | $341.8K |
| Price per sq ft | $239 | $259 |
| Built year | 2003 | 0 |
| HOA | $419 | $0 |
| Days on market | 69 | 1211 |
Jun 4, 2026
$449,000
$469,000
-4% Price Drop
Initial Listing
May 14, 2026
$469,000
Initial Listing