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1224 E Spence Avenue Tempe, AZ 85281
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INVESTORS DEVELOPERS PRIME LOCATION in Tempe, R4 MULTI FAMILY ZONING. Qualified Opportunity Zone, Transit oriented development corridor, 5 unit density; Excellent opportunity for rental property in Tempe.This is a highly valuable ASSET in any portfolio with a rentable single-family home and endless possibilities for DEVELOPMENT. The existing block house is a WW2 era gem that has been a MONEY-MAKER for the current owner for 30 years. The zoning is already R-4, with the city in support of higher density housing possibilities for HIGHEST AND BEST USE. Rent the house easily while you build!
yesterday | Listing updated with changes from the MLS | |
5 days ago | Price changed to $640,000 | |
2 weeks ago | Price changed to $650,000 | |
2 months ago | Price changed to $675,000 | |
3 months ago | Price changed to $685,000 | |
See 1 more |

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Data Last Update: 2023-09-21 09:30 PM UTC
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