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$340,000 Just Listed
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Property Description
Located on the 5th floor of the historic Orpheum Lofts, this one-bedroom, one-bath residence enjoys a desirable setting with impressive views of the downtown city lights. The generously sized layout features soaring 10'8'' ceilings, wood flooring, exposed ductwork, and distinctive red brick walls, all contributing to an open, loft-style design. The building itself is solidly constructed of concrete and brick, offering both character and durability. In addition to in-unit storage, the home includes a large, secured basement storage locker measuring approximately 6' x 8'. Situated on the light rail and in the heart of downtown Phoenix, the location offers exceptional walkability to restaurants, entertainment venues, theaters, movie houses, sports and Roosevelt Row. This is a unique chance to own a true piece of Phoenix history. Utility costs are billed monthly through the HOA. The Orpheum Lofts is one of the few historic downtown Phoenix buildings thoughtfully reimagined as residences. Originally constructed in the 1930s as the Phoenix Title and Trust Building, the property was completely gutted and renovated in classic Art Deco style. The lofts feature open floor plans with trendy exposed ductwork and warm brick walls. From the moment you enter the retro lobby, highlighted by marble and terrazzo tile, you know this is not "typical" Phoenix living. Residents can enjoy the second-floor interior courtyard, an ideal spot for morning coffee or gathering with friends. Additional amenities include a heated swimming pool and spa, sauna, steam room, club room, fitness center, conference room, storage lockers, and concierge services. Parking is conveniently located next door.
Full Property Details
Full Property Details for 114 W Adams St #503
General
- Price: $340,000
- HOA FEE: $755/month
- Taxes: $1,809 (2025)
- Status: Active
- Type: Condo
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6969274
- Updated: 1/15/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Breakfast Bar, No Interior Steps, Full Bth Master Bdrm
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Security Guard
Parking
- Parking Features: Off Site
Location
- County: Maricopa
- Township: 1N
- Subdivision: ORPHEUM LOFTS CONDOMINIUM 2ND AMD
- Cross Streets: Adams Street & 1st Avenue
Community
- Association: Yes
- Assoc. Name: Orpheum Lofts Condo
- Assoc. Fees Include: Other (See Remarks), Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Architectural Style: Contemporary, High Rise
- Builder: TASB
- Exterior Const.: Other
- Roof: Built-Up
- Sq. Ft. Source: Assessor
- Year Built: 2005
Lot Features
- Property View: City, City Lights
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 872
- Lot Size Source: Assessor
Financial Considerations
- Association Fee: $755
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,809
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Ownership: Condominium
- Legal Description: LOT 503 ORPHEUM LOFTS CONDOMINIUM 2ND AMD MCR
- Property ID: 112-21-315
- Range: 3E
- Section: 8
- Lot Number: 503
Listed by Realty ONE Group
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Schools
Schools serving 114 W Adams St #503
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Paul Dunbar Lawrence School 707 West Grant Street, Phoenix, AZ 85007 | K-8 | 0.8 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 114 W Adams St #503
Date
Details
Price
Change
Source
1/15/2026
Listed
$340,000
-5.56%
MLS
6/06/2023
Sold
$360,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 114 W Adams St #503
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,809
6%
$30,270
4%
2024
$1,707
-9%
$29,000
1%
2023
$1,886
4%
$28,730
38%
2022
$1,815
—
$20,820
10%
2022
$1,815
2%
$18,910
3%
2021
$1,781
-2%
$18,360
—
2020
$1,821
—
$18,360
1%
2019
$1,812
-8%
$18,150
1%
2018
$1,969
26%
$17,960
13%
2017
$1,558
3%
$15,960
23%
2016
$1,511
10%
$13,000
7%
2015
$1,378
7%
$12,170
59%
2014
$1,288
11%
$7,650
12%
2013
$1,164
—
$6,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 114 W Adams St #503
114 W Adams Street #503, Phoenix, AZ 85003 (MLS# 6969274) is a Condo property with 1 bedroom and 1 full bathroom. 114 W Adams Street #503 is currently listed for $340,000 and was received on January 15, 2026. Want to learn more about 114 W Adams Street #503? Do you have questions about finding other Condo real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

