1224 E SPENCE Avenue, Tempe, AZ 85281

$510,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,300 Lot Size (sq. ft.): 8,605 Status: Closed
Current Price: $510,000 List Date: 2/15/2024 Last Modified: 3/20/2026

Overview

Description

Walking distance from ASU and public transportation! This home sits on a massive multi-family lot with development potential, split the lot into 3 separate parcels or build up to five units! Originally built as a two-bedroom, two huge bonus rooms have been enclosed from the 1950s drive-thru carport. They can be utilized as bedrooms or converted back into a garage. The spacious backyard is an entertainer's dream complete with mature trees and a large storage shed. Properties like this rarely come on the market, don't miss out!

Listing Details MLS# 6659947

Location, Tax & Legal

House Number
1224
Compass
E
Street Name
SPENCE
St Suffix
Avenue
City/Town Code
Tempe
State/Province
AZ
Zip Code
85281
Zip4
5812
Country
US
County Code
Maricopa
Assessor Number
133-09-006
Subdivision
ATTEBERY TRACT
Tax Year
2023

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Total Bathrooms
Yes
Approx SQFT
1300
Price/SqFt
392.31
Horses
N
Builder Name
UNK
Year Built
1953
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
8605
Approx Lot Acres
0.198
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Marketing Name
R-4 Multifamily
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Curry Elementary School
Jr. High School
Connolly Middle School
High School
McClintock High School

Remarks Misc

Cross Street
S Rural RD & E Spence AVE
Directions
Take S Rural RD to E Spence Avenue and turn East. The property is one block East of S Terrace RD.

Status Change Info

Off Market Date
2024-04-23
Under Contract Date
2024-04-09
Close of Escrow Date
2024-04-30

Legal Info

Township
1N
Range
4E
Section
23
Lot Number
6

More Information

Basement

Basement Y/N
N

Parking Spaces

Slab Parking Spaces
4

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: N/A Master Bathroom: Other (See Remarks) Master Bedroom: Downstairs Flooring: Carpet; Laminate; Wood Spa: None Community Features: Near Bus Stop; Near Light Rail Stop Dining Area: Eat-in Kitchen Kitchen Features: Gas Oven; Gas Range; Refrigerator; Laminate Counters Laundry: Washer Included; Dryer Included Other Rooms: Family Room Technology: Cable TV Avail; High Speed Internet Exterior Features: Storage Parking Features: Attch'd Gar Cabinets; RV Access/Parking; RV Gate Road Responsibility: City Maintained Road Construction: Block Const - Finish: Painted Roofing: Composition; Built-Up Cooling: Ceiling Fan(s) Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block; Chain Link Property Description: North/South Exposure Landscaping: Desert Front; Natural Desert Back Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: West USA Realty
Office Phone: 602-942-4200
Office Email: Duane@westusarealty.com
Last Updated: March - 20 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.