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For sale
    • $1,075,000

    1224 S SMITH Road, Tempe, AZ 85281

    8beds
    1baths
    2,576sqft
    : 
    Multi Family
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $417/sqft
    $-- HOA

    What's special

    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.
    63 days
    |
    266
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: January 25, 2026 at 11:00am

    Listed by:

    Eugene E Parker 480-223-2490,

    Apex Residential,

    Jamar Taylor 305-509-3005,

    Apex Residential

    Source: ARMLS,MLS#: 6974014MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 1
      Heating
      • Electric
      Cooling
      • Ceiling Fan(s), Electric
      Appliances
      • Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
      Features
      • Flooring: Tile, Ceramic Tile
      Interior area
      • Total structure area: 2,576
      • Total interior livable area: 2,576 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: >1 Space Per Unit
      • Uncovered spaces: 4
      Lot
      • Size: 7,236 Square Feet
      • Dimensions: 67 x 108
      Details
      • Parcel number: 13267062L
      • Zoning: MF

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick Veneer, Painted, Block
      • Roof: Foam
      Condition
      • Year built: 1963

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: No Pool
      Location
      • Region: Tempe

      Financial & listing details

      • Price per square foot: $417/sqft
      • Tax assessed value: $690,100
      • Annual tax amount: $1,694
      • Date on market: 1/17/2026
      • Cumulative days on market: 55 days
      • Listing terms: Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Electric utility on property: Yes
      • Road surface type: Asphalt
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        1/24/2026Listed for sale$1,075,000+2.4%$417/sqft
        Source: ARMLS #6974014 Report a problem
        12/13/2023Listing removed--
        Source: ARMLS #6391061 Report a problem
        6/28/2022Listing removed$1,050,000$408/sqft
        Source: ARMLS #6391061 Report a problem
        4/29/2022Listed for sale$1,050,000+48.9%$408/sqft
        Source: ARMLS #6391061 Report a problem
        10/14/2020Sold$705,000-1.9%$274/sqft
        Source: ARMLS #6066566 Report a problem
        4/29/2020Price change$719,000-0.4%$279/sqft
        Source: Equity Arizona Real Estate #6066566 Report a problem
        3/20/2020Listed for sale$722,000+97.8%$280/sqft
        Source: DPR Realty LLC #6066566 Report a problem
        1/6/2020Listing removed$1,095
        Source: Go Section8 Report a problem
        12/22/2019Price change$1,095-8.4%
        Source: Go Section8 Report a problem
        11/26/2019Price change$1,195-4.4%
        Source: Go Section8 Report a problem
        11/5/2019Listed for rent$1,250+19%
        Source: Go Section8 Report a problem
        11/5/2018Listing removed$1,050
        Source: Go Section8 Report a problem
        11/3/2018Listed for rent$1,050+50%
        Source: Go Section8 Report a problem
        3/30/2018Sold$365,000-5.2%$142/sqft
        Source: ARMLS #5705725 Report a problem
        3/21/2018Pending sale$385,000$149/sqft
        Source: CENTURY 21 Platinum Real Estate #5705725 Report a problem
        2/14/2018Price change$385,000-2.5%$149/sqft
        Source: CENTURY 21 Platinum Real Estate #5705725 Report a problem
        1/8/2018Listed for sale$395,000+31.7%$153/sqft
        Source: Century 21-Platinum Real Estate #5705725 Report a problem
        10/16/2017Listing removed$700
        Source: Zillow Rental Manager Report a problem
        10/7/2017Listed for rent$700+7.7%
        Source: Zillow Rental Manager Report a problem
        9/16/2016Listing removed$650+9.2%
        Source: Zillow Rental Manager Report a problem
        8/26/2016Sold$300,000+13.2%$116/sqft
        Source: Public Record Report a problem
        4/6/2016Listing removed$595+3.5%
        Source: Imperial Residential Holdings Report a problem
        3/12/2015Listing removed$575
        Source: Imperial Residential Holdings Report a problem
        3/2/2015Listed for rent$575
        Source: Imperial Residential Holdings Report a problem
        11/13/2014Listing removed$265,000$103/sqft
        Source: Caliber Realty #5148709 Report a problem
        10/4/2014Listed for sale$265,000-4.7%$103/sqft
        Source: Caliber Realty #5148709 Report a problem
        6/13/2013Sold$278,049+44.8%$108/sqft
        Source: Public Record Report a problem
        2/3/2004Sold$192,000+37.1%$75/sqft
        Source: Public Record Report a problem
        2/28/2001Sold$140,000$54/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$1,687 +7%$69,010 -4.4%
        2024$1,577 +1.2%$72,210 +463.2%
        2023$1,558 +3.8%$12,822 -72.3%
        2022$1,501 +2.4%$46,300 +19.6%
        2021$1,465 +1.9%$38,720 +14.7%
        2020$1,437 +2.6%$33,760 +21.5%
        2019$1,402 $27,780 +5.8%
        2018$1,402 +3.1%$26,250 +15.2%
        2017$1,360 +4.9%$22,780 +7.1%
        2016$1,297 -6.2%$21,270 +34.6%
        2015$1,382 $15,800 +48.8%
        2014-- $10,620 +42%
        2013-- $7,480 -19%
        2012-- $9,230 -14.6%
        2011-- $10,810 -19.4%
        2010-- $13,420 -34.1%
        2009-- $20,370 -6.6%
        2008-- $21,810 +112.8%
        2004-- $10,250
        2003-- $10,250 +3.5%
        2002-- $9,900

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $5,732/mo
        Principal & interest
        $5365
        Property taxes
        $367
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          Climate risks

          Neighborhood: Alegre Community

          Getting around

          76 / 100
          Very Walkable
          53 / 100
          Good Transit
          74 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • High: McClintock High School

          Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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