1224 S Smith Road, Tempe, AZ 85281

$1,035,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,035,000
Price Change
▼ $40,000 1780914487
Days on Market
192
Status
ACTIVE
MLS#
6974014
City
Tempe
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

High School
McClintock High School
Community Features
No Pool
Construction
Block, Painted, Brick Veneer
Cooling
Electric, Ceiling Fan(s)
Electric
SRP
Flooring
Ceramic Tile
Heating
Electric
New Financing
VA Loan, FHA, Conventional, Cash
Parking Features
>1 Space Per Unit
Roofing
Foam
Taxes
$1,694
Tax Year
2025
Tenant Pays
Electricity, Cable TV
Units
4
Water
City Franchise
Zoning
MF

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 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.