1226 E Spence Ave
Tempe, AZ 85281
Jen Tilly Terrace- Studio
- 2,304 sqft (on 9 acres)
Studio
2,304 sqft
(on 9 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1958
Lot Size
9 acres
Living Area
2,304 sqft
Price/Sqft
$568
About this House
this 4-plex must be sold with 1230 E Spence - MLS # 4291207Property shares water meter, laundry & storage room, covered parking area and common gounds. Encroachment. Each unit has a private patio & storage room.Close to ASU, light rail and major freeways.Property needs work.
1226 E Spence Ave, Tempe, AZ 85281 is a studio, 2,304 sqft multi-family in Jen Tilly Terrace, built in 1958. It last sold for $1,575,000 on Feb 21, 2019. It is currently off market. The Trulia Estimate is $1,309,200, with a rent estimate of $1,863/month.
Home Details for 1226 E Spence Ave
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Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: Built UpExterior: Cement Concrete |
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Year Built Year Built: 1958Year Updated: 1958 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 2 |
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Lot Area: 9.00 acres |
Price History for 1226 E Spence Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/21/2019 | $1,575,000 | Sold | N/A |
| 04/02/2010 | $145,000 | Sold | ARMLS #4290999 |
| 01/02/2010 | $137,800 | ListingRemoved | Agent Provided |
| 12/26/2009 | $137,800 | Listed For Sale | Agent Provided |
| 07/31/2009 | $285,602 | Sold | N/A |
| 08/31/2005 | $400,000 | Sold | ARMLS #2324078 |
| 08/12/2003 | $217,000 | Sold | N/A |
| 08/04/1995 | $285,000 | Sold | N/A |
Market trends in Tempe
Last updated June 2026
Avg. sale price
$463K
$5KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$291
$2MoM
Available listings
550
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $657,100 |
Home facts updated by county records
Comparable Sales for 1226 E Spence Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $700,000 | 08/15/25 | 4 | 1 | 1,440 | |
0.24 | Multi-Family Home | $715,000 | 11/26/25 | 4 | 1 | 1,540 | |
0.72 | Multi-Family Home | $825,000 | 01/29/26 | - | 2,346 | ||
0.73 | Multi-Family Home | $650,000 | 01/22/26 | 4 | 4 | 2,596 | |
1.06 | Multi-Family Home | $900,000 | 06/05/26 | - | 500 | ||
1.30 | Multi-Family Home | $1,250,000 | 09/30/25 | 11 | 2 | 5,775 | |
1.48 | Multi-Family Home | $1,610,000 | 07/03/26 | 7 | 8 | 6,250 | |
1.07 | Multi-Family Home | $258,000 | 11/10/25 | 2 | 2 | 1,008 | |
1.68 | Multi-Family Home | $1,400,000 | 05/28/26 | 8 | 1 | 4,400 | |
1.69 | Multi-Family Home | $700,000 | 06/01/26 | - | 2,148 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1226 E Spence Ave.
What Locals Say about Jen Tilly Terrace
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Apartments for Rent
Homes for sale near 1226 E Spence Ave
Off Market Homes Near 1226 E Spence Ave
Frequently asked questions about 1226 E Spence Ave
- What is 1226 E Spence Ave estimated to be worth?Trulia's estimated value for 1226 E Spence Ave in Tempe, AZ is $1,309,200.
- What is the price history for 1226 E Spence Ave?1226 E Spence Ave in Tempe, AZ last sold for $1,575,000 in February 2019.
- Is Tempe a buyer's or seller's market?Tempe is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Tempe?The median sale price in Tempe is $463K. That is up $5K from the prior month.

