# 1229 E Spence Avenue, Tempe, AZ 85281

> **TL;DR:** residential multi family, $1,450,000, built 1940. Est. $6,283/mo. Listed 151 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,450,000 |
| Year Built | 1940 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 151 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,283 |
| **Total** | **$6,283** |

## 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
- **Phone:** 6023635058
- **Email:** jason.miszuk@gmail.com

## Primary Photo

![1229 E Spence Avenue - Primary Photo](http://lh.rdcpix.com/19b8d8b82316062692bdb5954fbd1eb3l-f2348644410r.jpg)

*37 total photos available on [listing page](https://www.propertysimple.com/listing/1229-e-spence-avenue-tempe-az-85281-6950797)*

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**MLS#:** 6950797 | **Updated:** 2026-04-24
**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.com/listing/1229-e-spence-avenue-tempe-az-85281-6950797)

---

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