Date
Details
Price
Change
Source
1/24/2026
Listed
$1,075,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$1,075,000 Just Listed
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1/19
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.
Full Property Details
Full Property Details for 1224 S Smith Rd
General
- Price: $1,075,000
- Taxes: $1,694 (2025)
- Status: Active
- Type: Multi-Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6974014
- Updated: 1/25/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
- Flooring: Ceramic Tile
Parking
- Parking Features: >1 Space Per Unit
Location
- County: Maricopa
- Township: 1N
- Cross Streets: 101 Freeway & Apache Blvd
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Brick Veneer, Painted, Block
- Roof: Foam
- Year Built: 1963
Lot Features
- Lot Dimensions: 67 x 108
- Zoning: MF
Financial Considerations
- Tax Amount: $1,694
- Tax Year: 2025
- Terms: Conventional, FHA, VA Loan
- Owner Pays: Water, Sewer
Disclosures and Reports
- Legal Description: N2 S 134F OF N 331F OF FOL DESC PROP BEG AT PT 52 8F E OF SW COR SE4 SE4 NW4 TH E 108F TH NLY TO PT
- Property ID: 132-67-062-L
- Range: 4E
- Section: 24
Listed by Apex Residential
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Listing agents
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Schools
Schools serving 1224 S Smith Rd
School Districts:Tempe School District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Thew Elementary School 2130 East Howe Avenue, Tempe, AZ 85281 | K-5 | 0.3 mi |
Connolly Middle School 2002 East Concorda Drive, Tempe, AZ 85282 | 6-8 | 0.8 mi |
McClintock High School 1830 East Del Rio Drive, Tempe, AZ 85282 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1224 S Smith Rd
Tax History
Tax History for 1224 S Smith Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,694
7%
$72,760
5%
2024
$1,583
1%
$69,010
-4%
2023
$1,564
4%
$72,210
8%
2022
$1,501
—
$66,680
44%
2022
$1,501
-1%
$46,300
20%
2021
$1,511
3%
$38,720
15%
2020
$1,465
2%
$33,760
22%
2019
$1,437
2%
$27,780
6%
2018
$1,402
3%
$26,250
15%
2017
$1,360
1%
$22,780
7%
2016
$1,350
4%
$21,270
35%
2015
$1,297
-6%
$15,800
49%
2014
$1,382
21%
$10,620
42%
2013
$1,138
—
$7,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1224 S Smith Rd
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
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- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
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1224 S Smith Road, Tempe, AZ 85281 (MLS# 6974014) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1224 S Smith Road is currently listed for $1,075,000 and was received on January 24, 2026. Want to learn more about 1224 S Smith Road? Do you have questions about finding other Multi-Family real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.