1224 E Lemon St
Tempe, AZ 85281
- Studio
Studio
Home Value
Trulia Estimate
$397KSince last month
Decreased$60K (-13.1%)Since last year
Decreased$100K (-20.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +9% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $395K |
| July 2026 | $455K |
| June 2026 | $356K |
| May 2026 | $436K |
| April 2026 | $407K |
| March 2026 | $320K |
| February 2026 | $401K |
| January 2026 | $421K |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $715,000 | 11/26/25 | 4 | 1 | 1,540 | |
0.90 | Multi-Family Home | $825,000 | 01/29/26 | - | 2,346 | ||
0.91 | Multi-Family Home | $650,000 | 01/22/26 | 4 | 4 | 2,596 | |
1.04 | Multi-Family Home | $900,000 | 06/05/26 | - | 500 | ||
1.16 | Multi-Family Home | $258,000 | 11/10/25 | 2 | 2 | 1,008 | |
1.19 | Multi-Family Home | $527,000 | 02/05/26 | 5 | 3 | 2,172 | |
1.40 | Multi-Family Home | $1,250,000 | 09/30/25 | 11 | 2 | 5,775 | |
1.44 | Multi-Family Home | $1,610,000 | 07/03/26 | 7 | 8 | 6,250 | |
1.53 | Multi-Family Home | $1,400,000 | 05/28/26 | 8 | 1 | 4,400 | |
1.54 | Multi-Family Home | $700,000 | 06/01/26 | - | 2,148 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $299,000 | 2 | 2 | 978 | Recently Sold | |
0.03 | $271,200 | 2 | 2 | 978 | Off Market | |
0.05 | $315,000 | 2 | 2 | 960 | For Sale | |
0.05 | $288,700 | 2 | 2 | 978 | Off Market | |
0.04 | $269,000 | 2 | 2 | 1,016 | Recently Sold | |
0.04 | $275,000 | 2 | 2 | 1,016 | Recently Sold | |
0.07 | $310,000 | 2 | 2 | 978 | For Sale | |
0.07 | $301,600 | 2 | 2 | 978 | Off Market | |
0.07 | - | 2 | 2 | 960 | Off Market | |
0.09 | $297,900 | 2 | 2 | 978 | Off Market | |
0.09 | $278,500 | 2 | 2 | 978 | Off Market | |
0.08 | $750,000 | Studio | 4 | 1,280 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1966
About this House
This multi-family home is located at 1224 E Lemon St, Tempe, AZ. 1224 E Lemon St is in Tempe, AZ and in ZIP code 85281. This property was built in 1966.
1224 E Lemon St, Tempe, AZ 85281 is a studio multi-family built in 1966. It is currently off market. The Trulia Estimate is $396,900, with a rent estimate of $1,757/month.
Home Details for 1224 E Lemon St
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Heating & Cooling Heating: ElectricHeating Fuel: Electric |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Linoleum Vinyl |
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Exterior Home Features Roof: Other |
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Year Built Year Built: 1966 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 65 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 16, 2020 Source: Agent Provided | ListingRemoved | $12,250,000 |
Aug 18, 2020 Source: Agent Provided | Listed For Sale | $12,250,000 |
Market trends in Tempe
Last updated July 2026
Avg. sale price
$463K
$1.67KMoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$289
$3MoM
Available listings
571
21MoM
Around this home
What Locals Say about Tempe
At least 1318 Trulia users voted on each feature.
90 % Say it's dog friendly
90 % Say there are sidewalks
79 % Say parking is easy
77 % Say car is needed
70 % Say it's walkable to restaurants
68 % Say streets are well-lit
66 % Say there's holiday spirit
64 % Say people would walk alone at night
62 % Say yards are well-kept
61 % Say it's walkable to grocery stores
58 % Say it's quiet
53 % Say kids play outside
43 % Say they plan to stay for at least 5 years
42 % Say neighbors are friendly
25 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1224 E Lemon St
- What is 1224 E Lemon St estimated to be worth?Trulia's estimated value for 1224 E Lemon St in Tempe, AZ is $396,900.
- Is Tempe a buyer's or seller's market?Tempe is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Tempe?The median sale price in Tempe is $463K. That is down $1.67K from the prior month.
- What do residents say about Tempe?Residents describe Tempe, AZ as dog-friendly, pedestrian-friendly, and easy to park in. See recently sold homes in Tempe, AZ.
- Does 1224 E Lemon St have laundry facilities?Yes, 1224 E Lemon St in Tempe, AZ has in-unit laundry.

