1224 S Smith Road, Tempe, AZ 85281

$1,035,000

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List Price
$1,035,000
Status
ACTIVE
Days on Market
212
Price Change
▼ $40,000 1780914487
MLS#
6974014
Subtype
Multiple Dwellings
Year Built
1963

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.

Additional Information

Taxes
$1,694
Zoning
MF
Flooring
Ceramic Tile
Heating
Electric
Air Conditioning
Electric, Ceiling Fan(s)
Exterior Construction
Block, Painted, Brick Veneer
Parking Features
>1 Space Per Unit
High School
McClintock High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Eugene E Parker (480-223-2490) from Listing Office: Apex Residential.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.