About This Home

This 0-bedroom, 0-bathroom residential multi family at 1229 E Spence Avenue in Tempe, AZ is listed for $1,299,000. Built in 1940, on a N/A lot.

Key Features

  • Built in 1940

Property Details

1940
Listing 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**

Monthly Cost Estimate

$6,947/mo

20% down · 6.5% · 30 years

Principal$939
Interest$5,629
Insurance$379

Estimates only. Actual payments may vary.

Location

1229 E Spence Avenue

Tempe, AZ 85281

STANLEY PLAT & KENNETH PLACE

Property Details

Flooring

Concrete

Construction

Wood Frame Painted

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1229 E Spence Avenue is listed at $1,299,000. The estimated monthly payment is $6,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940.

This property is listed by Jason Miszuk.

JM

Jason Miszuk

Agent at Realty ONE Group

Listed by Realty ONE Group · Broker phone: (623) 404-0110 · View on Broker Site · Broker website

MLS# 6950797· Source: Arizona Regional Multiple Listing Service, Inc.· 352 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1229 E Spence Avenue, Tempe, AZ 85281

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