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Melinda Muller
REALTOR®, CRS, CLHMS, CSP
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1229 E Spence Avenue, Tempe, AZ 85281

$1,450,000
  • 1229 E Spence Avenue, Tempe, AZ 85281 Main Photo

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Active
BEDS0 BATHS MLS#6950797
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSTANLEY 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**

1229 E Spence Avenue | MLS# 6950797

This multi-family property located at 1229 E Spence Avenue, Tempe, AZ 85281 is currently listed for sale with an asking price of $1,450,000. Search Tempe real estate on mmuller.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: See Remarks
Heating: See Remarks
Roof Type: Composition
Taxes: $1,450
Year Built: 1940

Feature Descriptions

Community Features: No Pool, See Remarks
Days on Site: 202
Exterior: Wood Frame, Painted
Parking: Open, 1 Space/Unit, Paved
Sewer: See Remarks
Water: See Remarks

Listed By / Shown By

Listed By

Agency Name: Realty ONE Group
Agency Phone: 623-236-1414

Shown By

Agent Name: Melinda Muller
Agent Phone: (480) 980-5213
Agency Title: Arizona Best Real Estate

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Estimated Payment

$ 3,770.82 per month $3,227.07 Principal & Interest $120.83 Property Tax $422.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/14/2026. The listing information on this page last changed on 06/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/14/2026 12:07:39 AM EST) or ARMLS (last updated Sat 06/13/2026 11:06:43 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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