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● For sale

$1,450,000

1229 E Spence Avenue, Tempe, AZ 85281

STANLEY PLAT & KENNETH PLACE · Maricopa County

Built 1940 No HOA

202 days on market

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**

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

See Remarks

Heating and Cooling

Cooling Features: See Remarks
Heating Features: See Remarks

Exterior

Land Info

Lot Size Dimensions: Irregual

Garage and Parking

Attached Garage: No
Parking Features: Open, 1 Space/Unit, Paved

Community

Neighborhood

Subdivision: STANLEY PLAT & KENNETH PLACE

Listing

Other Property Info

Annual Tax Amount: $1,450
Source Listing Status: Active
County: Maricopa
Directions: South on Rural, East on Sp
Parcel Number: 133-09-045
Zoning: R-4
Postal City: Tempe
Listing Date: 11/10/2025
MLS#: 6950797

Features

Building and Construction

Year Built: 1940
Property Age: 86
Construction Materials: Wood Frame, Painted
Roof: Composition

Utilities

Sewer: See Remarks
Water Source: See Remarks

Contact Us

Ask a question or schedule a showing

Listed by Jason Miszuk& Maggie Wu Realty ONE Group

Listing updated: April 30, 2026

MLS#: 6950797

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.