1229 E Spence Avenue, Tempe AZ 85281
$1,299,000
Brokerage: Ivy Realty(623) 299-4954
1 / 37Home facts
- Price
- $1,299,000
- Status
- Active
- Beds
- 0
- Baths
- 0
- Year built
- 1940
- Type
- F
- Pool
- No
- Water
- See Remarks
- Sewer
- See Remarks
- Subdivision
- STANLEY PLAT & KENNETH PLACE
- MLS #
- 6950797
Listed by Realty ONE Group · 623-236-1414
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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**
Features
Roof
Composition
Sewer
See Remarks
Cooling
See Remarks
Heating
See Remarks
Electric
Other (See Remarks)
Flooring
Concrete
WaterSource
See Remarks
ParkingFeatures
Paved, Free, 1 Space/Unit
CommunityFeatures
See Remarks, No Pool
ConstructionMaterials
Wood Frame, Painted
Map
Price and status history
| Date | Change | From → To |
|---|---|---|
| Aug 17, 2026 | Price | $1,375,000 → $1,299,000 |
| Jun 25, 2026 | Price | $1,450,000 → $1,375,000 |
| Feb 15, 2026 | Price | $1,600,000 → $1,450,000 |
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1111 E UNIVERSITY Drive 229 | Sep 30, 2026 | $195,000 | 1/1 | 631 | Russ Lyon Sotheby's International Realty |
| 1005 E 8TH Street 3004 | Aug 30, 2026 | $282,000 | 2/1 | 730 | Instasold |
| 714 E ENCANTO Drive | Aug 19, 2026 | $395,000 | 3/2 | 1,140 | HomeSmart |
| 1445 E BROADWAY Road 120 | Aug 16, 2026 | $319,500 | 3/2 | 1,413 | Realty One Group |
| 1628 E EL PARQUE Drive | Aug 13, 2026 | $340,000 | 3/2 | 1,288 | Russ Lyon Sotheby's International Realty |
| 911 S CASITAS Drive C | Aug 11, 2026 | $279,900 | 3/2 | 1,144 | HomeSmart |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).