Movoto Real Estate
Sold on 11/18/2020

1039 E Spence Ave, Tempe, AZ 85281

  • $830,000

    Last sold 11/18/2020 after 19 Days

  • 6

    bed

  • 4

    bath

Multi-family not for sale
11 homes bought nearby with Movoto recently

About 1039 E Spence Ave

Property type Multi-family
Neighborhood
Year built 1964
HOA fee $0/month
Property description
Introducing 4 on Spence. Updated and Remodeled Tempe 4 Plex. Walk to ASU. Super Tempe Location, Near Light Rail, Tempe Marketplace, Shopping, Restaurants & Freeways. Major Capital Improvements, Kitchens, Granite Countertops, Washers & Dryers. Newer Water heaters, Newer Parking Lot, Newer Roof, 100% Leased, Super Cash Flow. All Facts and Figures Approximate, Buyers to Verify to Their Satisfaction.
Listed by
Listing Agent - Steven J. Fowler
Listing Office - Better Homes & Gardens Real Estate SJ Fowler
Source: ARMLS mls logo
MLS#6153912 • last updated 4 months ago
Movoto checked ARMLS for data 3 minutes ago
Overview
Cooling/AC Electric, Individual
Heating Individual, Electric
MLS # 6153912
Type Multiple Dwellings
Status Closed
Property Tax 2168
Year Built 1964
Interior
Flooring Concrete
Appliances Built-In Range, Refrigerator
Exterior
Roof Composition
Construction Painted, Block
Parking Free, Add'l Parking Avail, 1 Space/Unit, On Street
# of Open Parking Spaces 4
Amenities / Utilities
Water Source Master Meter, City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision JEN TILLY TERRACE LOTS 19-29 /TR A/
Community Features No Pool
Elementary School District Tempe Elementary School District
APN 133-10-048
Zoning R-4
Directions East On Spence To Property
Multifamily Details
Total # of Units 4
Expense: Operating 13393
Financial Data Source Projected Proforma
Expense: Maintenance 2650
Expense: Insurance 1400
Net Operating Income 53300
Gross Income 66600
Expense: Other 2075
Expense: Trash 1000
Expense: Water/Sewer 2000
Gross Scheduled Income 66600
Expense: Gardener 600
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Nov 2020
    mls logo MLS # 6153912
  • Nov 17, 2020 Sold
    $830,000 (+0.6%)
  • Oct 30, 2020 Listed
    $825,000 (+15.5%)
  • Jul 2019
    mls logo MLS # 5927124
  • Jul 18, 2019 Sold
    $714,000 (-2.2%)
  • May 16, 2019 Listed
    $729,900 (+82.5%)
  • Jan 2019
    mls logo MLS # 5823180
  • Jan 5, 2019 Sold
    $400,000 (-11.1%)
  • Sep 21, 2018 Listed
    $450,000
  • 1039 E Spence Ave
    $830K
  • Downtown Tempe - Rio Salado
    $465K -8% y/y
  • 85281
    $459K -6% y/y
  • Tempe
    $487K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 1039 E Spence Ave
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