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● For sale

$1,075,000

1224 S SMITH Road, Tempe, AZ 85281

Maricopa County

Built 1963 No HOA

137 days on market

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.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Interior Features

Flooring: Ceramic Tile

Appliances

Free-Standing Range
Refrigerator
Dishwasher
Disposal
Microwave
Washer/Dryer

Heating and Cooling

Cooling Features: Electric, Ceiling Fan(s)
Heating Features: Electric

Exterior

Land Info

Lot Size Dimensions: 67 x 108

Garage and Parking

Attached Garage: No
Parking Features: >1 Space Per Unit

Listing

Other Property Info

Annual Tax Amount: $1,694
Source Listing Status: Active
County: Maricopa
Directions: From 101 Freeway: Head West onto E Apache BLVD. Turn Left South) onto S Smith Rd. Unit on West side of Street.
Parcel Number: 132-67-062-L
Zoning: MF
Postal City: Tempe
Listing Date: 1/16/2026
MLS#: 6974014

Features

Building and Construction

Year Built: 1963
Property Age: 63
Construction Materials: Block, Painted, Brick Veneer
Roof: Foam

Utilities

Water Source: City Franchise

Contact Us

Ask a question or schedule a showing

Listed by Eugene E Parker& Jamar Taylor Apex Residential

Listing updated: April 19, 2026

MLS#: 6974014

Data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.