1117 E Spence Avenue Unit -, Tempe, AZ 85281
- $855,000
- Sold Price
- $855,000
- List Price
- $1,075,000
- Status
- CLOSED
- Days on Market
- 204
- Closing Date
- Sep 12, 2023
- MLS#
- 6509255
- Subtype
- Land
- Lot Size
- 13,000
- Acres
- 0.28
- Subdivision
- Halsingborg
Property Description
BEST DEAL IN TEMPE. IGNORE DAYS ON THE MARKET. PROJECT GOT FULLY APPROVED FOR CONSTRUCTION FEW MONTHS AGO. LOCATION, LOCATION, LOCATION, plus located in Tempe Opportunity Zone. Entitlements are issued and approved and project is ready to build. This project aims to construct 6 townhomes with an average size of over 2000 square feet. The design will feature modern amenities, efficient features and an attractive aesthetic to appeal to the target market. This parcel is located within walking distance from Arizona State University. The demand for newer and modern townhomes in Tempe is particularly high due to limited inventory in the area. This size new units in Tempe are selling between $700k-$800K. This is an amazing project for someone to build and make huge profit.
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Additional Information
- Taxes
- $2,100
- Zoning
- R-4
- Elementary School
- Tempe Academy Of International Studies McKemy Campus
- Middle School
- Tempe High School
- High School
- Tempe High School
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Listing courtesy of Listing Agent: M Shahbaz Khan () from Listing Office: Realty ONE Group.
Selling Office: At Home Real Estate Arizona.All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.