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$999,999
248 Days On Site
1224 S SMITH RoadTempe, AZ 85281
For Sale|Multi Family|Active
8
Beds
4
Total Baths
1963
Built
County:
Maricopa
Call Now: (602) 935 6959
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(602) 935 6959



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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.
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Listing Snapshot
Price
$999,999
Days On Site
248 Days
Bedrooms
8
Inside Area (SqFt)
N/A
Total Baths
4
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1963
MLS® Number
6974014
Status
Active
Property Tax
$1,694
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
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Recent Activity
| 2 days ago | Listing updated with changes from the MLS® | |
| 2 days ago | Price changed to $999,999 | |
| 8 months ago | Listing first seen on site |
General Features
Cross Street
101 Freeway & Apache Blvd
Disclosures
None
Parking Spaces
4
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
MF
Interior Features
Appliances
Free-Standing RangeRefrigeratorDishwasherDisposalMicrowaveWasher/Dryer
Cooling
Central AirElectricCeiling Fan(s)
Flooring
Ceramic Tile
Heating
Electric
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Exterior Features
Construction Details
BlockBrick Veneer
Roof
Foam
Community Features
School District
Tempe Union High School District
Township
1N
Financing Terms Available
FHAConventionalCash
Roads
Asphalt
Schools
School District
Tempe Union High School District
Elementary School
Unknown
Middle School
Unknown
High School
McClintock High School
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.
Last checked: 2026-09-29 11:49 PM UTC
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.
Last checked: 2026-09-29 11:49 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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