Listed by Jason Miszuk · Brokered by Realty ONE Group

● For sale

$1,450,000

1229 E Spence Avenue, Tempe, AZ 85281

STANLEY PLAT & KENNETH PLACE · Maricopa County

Built 1940 No HOA
258 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**

Listing updated: April 30, 2026

Listed by:

Jason Miszuk 623-236-1414, Realty ONE Group, Maggie Wu

Source: Arizona Regional Multiple Listing Service, MLS#: 6950797

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

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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.

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