MLS# 6974014 – 1224 S Smith Road, Tempe, AZ 85281

Price: $1,075,000
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1963
Days on Website: 126

Courtesy of Apex Residential

Property 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.

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Property Details and Features

  • Appliances & Equipment
  • “Free-Standing Range”
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1963
  • Construction materials: “Brick Veneer”, “Painted”, “Block”
  • 4 total units
  • Cooling
  • “Ceiling Fan(s)”
  • “Electric”
  • Floors
  • “Tile”
  • “Ceramic Tile”
  • Heating
  • “Electric”
  • Listing
  • Listing ID: 6974014
  • Standard status: Active
  • 134 days on market
  • Parking
  • “>1 Space Per Unit”
  • 4 total parkings
  • Property
  • Zoning: MF
  • Roof
  • “Foam”
  • Schools
  • High school: McClintock High School
  • High school district: Tempe Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,694
  • Utilities
  • “SRP”

Property Map

$1,075,000 – 1224 S Smith Road, Tempe, AZ 85281

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This content last updated on May 30, 2026 1:27PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.