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1224 S Smith Rd, Tempe, AZ 85281

$1,000,000
  • 8

    bed

  • 4

    bath

Multi-family for sale 239 days
$35K price drop
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About 1224 S Smith Rd

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
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.
Listed by
Listing Agent - Eugene E Parker
Listing Office - Apex Residential
Source: ARMLS mls logo
MLS#6974014 • last updated 3 weeks ago
Movoto checked ARMLS for data 17 minutes ago
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Overview
Cooling/AC Ceiling Fan(s), Electric
Heating Electric
MLS # 6974014
Type Multiple Dwellings
Status Active
Property Tax 1694
Year Built 1963
Interior
Total # of Bathrooms 4
Total # of Bedrooms 8
Flooring Tile, Ceramic Tile
Appliances Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Exterior
Roof Foam
Construction Brick Veneer, Painted, Block
Parking >1 Space Per Unit
# of Open Parking Spaces 4
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features No Pool
High School District Tempe Union High School District
High School McClintock High School
APN 132-67-062-L
Zoning MF
Directions From 101 Freeway: Head West Onto E Apache BLVD. Turn Left South) Onto S Smith Rd. Unit On West Side Of Street.
Multifamily Details
Total # of Units 4
Expense: Operating 1694
Financial Data Source Owner
Lot/ Land Details
Road Surface Asphalt
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2/10
Thew Elementary School
public Grades PK, K-5
Tempe School District
4/10
Connolly Middle School
public Grades 6-8
Tempe School District
5/10
McClintock High School
public Grades 9-12
Tempe Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Apache

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68/100
Walk
59/100
Family
92/100
Dining
97/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Tempe
  • 85281
  • Apache
  • 1224 S Smith Rd

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