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1229 E Spence Ave, Tempe, AZ 85281

  • $1,375,000

  • —

    bed

  • —

    bath

Multi-family for sale 217 days
$75K price drop
11 homes bought nearby with Movoto recently

About 1229 E Spence Ave

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Rental estimate
Property description
Rare opportunity to purchase a R-4 (High Density) zoned multi family land and homes with frontage on Spence Ave in the heart of ASU campus. Listing included two residential houses, next to each out, zoned for high density multifamily. Nestled in a robust infill Arizona State location, this property is a beacon for savvy investors seeking unparalleled opportunities. Walk to Campus. Unmatched demographics include over 350,000 population count within a five-mile radius. Parcel numbers 133-09-045 and 133-09-055 **Buyer to verify all facts, figures, schools & measurements**
Listed by
Listing Agent - Jason Miszuk
Listing Office - Realty ONE Group
Source: ARMLS mls logo
MLS#6950797 • last updated 3 days ago
Movoto checked ARMLS for data 7 minutes ago
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Overview
Cooling/AC See Remarks
Heating See Remarks
MLS # 6950797
Type Multiple Dwellings
Status Active
Property Tax 1450
Year Built 1940
Interior
Flooring Concrete
Appliances See Remarks
Exterior
Roof Composition
Construction Wood Frame, Painted
Parking Paved, Free, 1 Space/Unit
# of Open Parking Spaces 2
# of Covered Spaces 1
Amenities / Utilities
Water Source See Remarks
Sewer/Septic See Remarks
Location
Subdivision STANLEY PLAT & KENNETH PLACE
Community Features See Remarks, No Pool
APN 133-09-045
Zoning R-4
Directions South On Rural, East On Sp
Multifamily Details
Total # of Units 2
Expense: Operating 1450
Financial Data Source Other (See Remarks)
Lot/ Land Details
Road Surface Asphalt
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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.

Around Downtown Tempe - Rio Salado

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76/100
Walk
60/100
Family
92/100
Dining
97/100
Pet
  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85281
  • Downtown Tempe - Rio Salado
  • 1229 E Spence Ave

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