$1,075,000

1224 S SMITH Road, Tempe, AZ 85281

Multi-Family Home
Built in 1963
—— sqft lot
—— car garage
$——/sqft
Listed 3 months ago

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.

Listing Status:: Active
Date Added:: January 16, 2026
Data Last Updated:: May 21, 2026 at 4:09AM
Listing Office:: Apex Residential : 602-290-4663
Listing Agent:: Eugene E Parker : 480-223-2490
MLS ID:: 6974014

Flooring: TileCeramic Tile
A/C: Ceiling Fan(s)Electric
Heating: Electric

Parking: >1 Space Per UnitParking spaces: 4

Roofing: Foam
General: Brick VeneerPaintedBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Tempe Union High School District
County: Maricopa

Zoning: MF13267062L

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Eugene E Parker , Apex Residential

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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