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1224 S SMITH Road, Tempe, AZ, 85281

8beds
1baths
2,576sqft
$1,075,000
$417price/sqft
$7,944/moest. monthly cost
$317,760/yrincome needed

About This Home

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.

Getting Around

76
WalkingVery Walkable
53
TransitGood Transit
74
BikeVery Bikeable

Schools

4/10
Thew Elementary SchoolGrades PK-50.3 mi
3/10
Connolly Middle SchoolGrades 6-80.8 mi
8/10
McClintock High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Foam
  • Construction materials: Brick Veneer,Painted,Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range,Disposal,Dishwasher,Refrigerator,Microwave,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 1

Features

  • Flooring: Tile,Ceramic Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 2,576
  • Total interior livable area: 2,576 sqft

Property

Details

  • Parcel number: 13267062L
  • Zoning: MF

Lot

  • Lot size: 7,236 sqft
  • Lot size dimensions: 67 x 108

Parking

  • Total spaces: 4
  • Parking features: >1 Space Per Unit
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4