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Sold on 06/23/2017

1136 E Spence Ave, Tempe, AZ 85281

  • $726,000

    Last sold 06/23/2017 for $405K

  • 7

    bed

  • 2

    bath

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

About 1136 E Spence Ave

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Movoto estimate
Property description
Prime location for Investment opportunity in Tempe! This property is walking distance to restaurants, hospital, and much more. Close to ASU's campus with 3 separate living spaces. The main home features 5 bedroom's /2 bath with a separate driveway and carport on Terrace. In the rear a two story duplex. Top unit a 1 bedroom/1 bath and bottom unit a 2 bedroom with its own access and driveway on Spence ave. A small side yard on north side of the duplex. This is a great opportunity to buy a investment/income property in landlocked Tempe location. This is a must see, property wont last long!!
Listed by
Listing Agent - Desaree Suttle
Listing Office - Century 21 Northwest
Source: ARMLS mls logo
MLS#5560732 • last updated 7 months ago
Movoto checked ARMLS for data 5 minutes ago
Overview
Cooling/AC Electric
Heating Electric
MLS # 5560732
Type Multiple Dwellings
Status Closed
Property Tax 2176
Year Built 1960
Interior
Flooring Carpet, Ceramic Tile
Appliances Refrigerator, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Painted, Stucco, Block
Parking <1 Space Per Unit, Carport
# of Open Parking Spaces 4
# of Covered Spaces 2
Amenities / Utilities
Water Source Master Meter
Sewer/Septic Public Sewer
Location
Subdivision JEN TILLY TERRACE LOTS 19-29 /TR A/
Community Features No Pool
High School District Tempe Union High School District
APN 133-09-031-L
Zoning [M-H] MULTI-FAM
Directions FROM APACHE, SOUTH ON RURAL, 1ST LEFT ONTO SPENCE TO PROPERTY ON NORTHEAST CORNER OF SPENCE & TERRACE.
Multifamily Details
Total # of Units 3
Expense: Operating 2176
Financial Data Source Owner
Net Operating Income 2000
$726K
Range: $631K-$820K
Last 30 days 
  • Jan 2025
    mls logo MLS # 6808275
  • Jan 20, 2025 Listed
    $790,000 (+95.1%)
  • Jun 2017
    mls logo MLS # 5560732
  • Jun 23, 2017 Sold
    $405,000 (-12.9%)
  • Feb 13, 2017 Listed
    $465,000
  • 1136 E Spence Ave
    $405K
  • 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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3/10
Curry Elementary School
public Grades K-5
Tempe School District
4/10
Connolly Middle School
public Grades 6-8
Tempe School District
5/10
McClintock High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85281
  • Downtown Tempe - Rio Salado
  • 1136 E Spence Ave
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