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Courtesy of Apex Residential, Eugene E Parker Listing Contact: 480-223-2490 
8 Beds
4 Baths

$999,999

1224 S SMITH Road, Tempe AZ, 85281

Built in1963
Property typeMulti-family

Overview

Active

Listed Jan 16, 2026

Updated 10 days ago

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.

$6,653/mo

Est. mortgage payment based on a $999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6974014

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,694
Tax Frequency
Annually

Courtesy of Apex Residential, Eugene E Parker

Listing Contact: 480-223-2490 

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Data Last Updated: 4:35 AM UTC, 9/28/2026.

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