1229 E Spence Avenue, Tempe, AZ 85281

$1,375,000

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List Price
$1,375,000
Status
ACTIVE
Days on Market
279
Price Change
▼ $75,000 1782465586
MLS#
6950797
Subtype
Multiple Dwellings
Year Built
1940
Subdivision
Stanley Plat & Kenneth Place

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**

Additional Information

Taxes
$1,450
Zoning
R-4
Heating
See Remarks
Air Conditioning
See Remarks
Exterior Construction
Wood Frame, Painted
Parking Features
Open, 1 Space/Unit, Paved

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jason Miszuk (602-363-5058) from Listing Office: Realty ONE Group.

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.