For Sale Multi-Family MLS# 6974014

1224 S SMITH Road

Tempe, AZ 85281

$999,999

About 1224 S SMITH Road

Seller is offering concessions to assist the buyer with an interest rate buy down, depending on offer terms. 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

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1963
Original price
$1,075,000
MLS #
6974014

Interior

Features
Ceiling Fan(s), Electric, Electric, Tile, Ceramic Tile
Flooring
Tile, Ceramic Tile
Heating
Electric
Cooling
Ceiling Fan(s), Electric

Exterior & lot

Features
>1 Space Per Unit, Parking spaces: 4
Construction
Brick Veneer, Painted, Block, Foam
Roof
Foam
Lot
MF, 13267062L
Parking
>1 Space Per Unit

Schools

District
Tempe School District
High
McClintock High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,694
Tax year
2025
Parcel
13267062L

Location

County
Maricopa
Neighborhood
Alegre Community
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Tempe Union High School District
Directions
From 101 Freeway: Head West onto E Apache BLVD. Turn Left South) onto S Smith Rd. Unit on West side of Street.

Location

Neighborhood
Alegre Community
School district
Tempe School District

Ask about this property

Questions on 1224 S SMITH Road, Tempe, AZ 85281, or want to see it in person?

Listed by Eugene E Parker, Apex Residential

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.