1224 S SMITH Road, Tempe, AZ 85281
$1,075,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,075,000
Last Modified:
4/19/2026
Description
Looking to start the year off with a great investment opportunity or to house hack in one of the city's strongest rental markets? Look no further than 1224 S Smith Rd. This well-located 4-plex sits in a high-demand rental corridor minutes from ASU, light rail, downtown Tempe, major freeways, and employment hubs. Surrounded by major education, transportation, and lifestyle anchors that drive consistent tenant demand year-round. With strong tenant demand, low vacancy risk, and value-add upside through rental optimization makes this a rare opportunity in one of Tempe's most desirable investment locations.
More Information MLS# 6974014
Contract Info
Current Price: $1,075,000
List Price: $1,075,000
Status: Active
List Date: 2026-01-16
Ownership: Fee Simple
Location Tax Legal
House Number: 1224
Compass: S
Street Name: SMITH
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4547
Country: US
County Code: Maricopa
Assessor Number: 132-67-062-L
Tax Year: 2025
General Property Description
Lot Size Dimensions: 67 x 108
Year Built: 1963
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: 1
Zoning: MF
High School District: Tempe Union High School District
High School: McClintock High School
Remarks Misc
Cross Street: 101 Freeway & Apache Blvd
Directions: From 101 Freeway: Head West onto E Apache BLVD. Turn Left South) onto S Smith Rd. Unit on West side of Street.
Geo Lat: 33.41597
Geo Lon: -111.900734
Legal Info
Township: 1N
Range: 4E
Section: 24
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 4
Avg SqFt: 644
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Brick Veneer
Roofing: Foam
Floors: Tile; Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Cable TV Available
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Apex Residential
Last Updated: April - 19 - 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.