# 1229 E Spence Avenue, Tempe, AZ 85281 > **TL;DR:** residential multi family, $1,299,000, built 1940. Est. $6,947/mo. Listed 353 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,299,000 | | Year Built | 1940 | | Property Type | Residential Multi Family (Other) | | Status | Active | | Days on Market | 353 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,568 | | Estimated Insurance | $379 | | **Total** | **$6,947** | ## Property Highlights - Built in 1940 ## Description ### Agent 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** ## Location - **Address:** 1229 E Spence Avenue, Tempe, AZ 85281 - **County:** Maricopa - **Neighborhood:** STANLEY PLAT & KENNETH PLACE - **Coordinates:** 33.412616, -111.918924 - **Google Maps:** https://www.google.com/maps?q=33.412616,-111.918924 ## Listing Agent - **Name:** Jason Miszuk - **Brokerage:** Realty ONE Group - **Broker Phone:** (623) 404-0110 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1229-E-Spence-Ave_Tempe_AZ_85281_M18540-16090?f=listhub&s=ARMLSAZ&m=6950797&c=propsimple) ## Photos ![1229 E Spence Avenue - Photo 1](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2348644410r.jpg) ![1229 E Spence Avenue - Photo 2](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2797321765r.jpg) ![1229 E Spence Avenue - Photo 3](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f1685183334r.jpg) ![1229 E Spence Avenue - Photo 4](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3133334101r.jpg) ![1229 E Spence Avenue - Photo 5](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f544355975r.jpg) ![1229 E Spence Avenue - Photo 6](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f1123424379r.jpg) ![1229 E Spence Avenue - Photo 7](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f753989050r.jpg) ![1229 E Spence Avenue - Photo 8](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f1259788100r.jpg) ![1229 E Spence Avenue - Photo 9](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f4063760745r.jpg) ![1229 E Spence Avenue - Photo 10](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3728078206r.jpg) ![1229 E Spence Avenue - Photo 11](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f4238187188r.jpg) ![1229 E Spence Avenue - Photo 12](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f4175372479r.jpg) ![1229 E Spence Avenue - Photo 13](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f777160942r.jpg) ![1229 E Spence Avenue - Photo 14](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f451093936r.jpg) ![1229 E Spence Avenue - Photo 15](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f954194976r.jpg) ![1229 E Spence Avenue - Photo 16](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2416527034r.jpg) ![1229 E Spence Avenue - Photo 17](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f824110416r.jpg) ![1229 E Spence Avenue - Photo 18](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2052854410r.jpg) ![1229 E Spence Avenue - Photo 19](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f938799479r.jpg) ![1229 E Spence Avenue - Photo 20](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f1452472466r.jpg) ![1229 E Spence Avenue - Photo 21](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2751977079r.jpg) ![1229 E Spence Avenue - Photo 22](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3117637864r.jpg) ![1229 E Spence Avenue - Photo 23](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2377063175r.jpg) ![1229 E Spence Avenue - Photo 24](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2156999882r.jpg) ![1229 E Spence Avenue - Photo 25](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2484079198r.jpg) ![1229 E Spence Avenue - Photo 26](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f1454738599r.jpg) ![1229 E Spence Avenue - Photo 27](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f161338410r.jpg) ![1229 E Spence Avenue - Photo 28](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3298683053r.jpg) ![1229 E Spence Avenue - Photo 29](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f239983341r.jpg) ![1229 E Spence Avenue - Photo 30](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2904183124r.jpg) ![1229 E Spence Avenue - Photo 31](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f4262540279r.jpg) ![1229 E Spence Avenue - Photo 32](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3172865808r.jpg) ![1229 E Spence Avenue - Photo 33](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3758217830r.jpg) ![1229 E Spence Avenue - Photo 34](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3630690847r.jpg) ![1229 E Spence Avenue - Photo 35](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f82300203r.jpg) ![1229 E Spence Avenue - Photo 36](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f1933474712r.jpg) ![1229 E Spence Avenue - Photo 37](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f3127118034r.jpg) --- **MLS#:** 6950797 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/1229-e-spence-avenue-tempe-az-85281-92c5eddd982c4bc79f5df9e0ab476409) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1229-e-spence-avenue-tempe-az-85281-92c5eddd982c4bc79f5df9e0ab476409#listing", "url": "https://www.propertysimple.ai/listing/1229-e-spence-avenue-tempe-az-85281-92c5eddd982c4bc79f5df9e0ab476409", "name": "1229 E Spence Avenue, Tempe, AZ 85281", "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. 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