1224 S SMITH Road, Tempe, AZ 85281
FOR SALE

1224 S SMITH Road
Tempe, AZ 85281

Alegre Community
  • 8 Beds
  • 1 Bath
  • 2,576 sqft

$1,035,000

Original price: $1,075,000
Est. Mortgage $5,570/mo*

$1,035,000

Original price: $1,075,000
Est. Mortgage $5,570/mo*
8 Beds
1 Bath
2,576 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$402
Listed
149 days ago

Home Details for 1224 S SMITH Road

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 1
Dimensions and Layout
Living Area: 2576 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/DryerDishwasherDisposalMicrowaveRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Ceiling Fan(s),ElectricHas HeatingHeating Fuel: Electric
Gas & Electric
Electric: SRPHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Tile, Ceramic Tile
Levels, Entrance, & Accessibility
Floors: Tile, Ceramic Tile

Exterior Features

Exterior Home Features
Roof: Foam
Parking & Garage
Open Parking Spaces: 4No CarportNo GarageHas Open ParkingParking Spaces: 4Parking: >1 Space Per Unit
Frontage
Road Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 135Days on Market: 149

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick Veneer, Painted, Block
Property Information
Parcel Number: 13267062L

Price & Status

Price
List Price: $1,035,000Price Per Sqft: $402

Active Status

MLS Status: Active

Location

Direction & Address
City: Tempe
School Information
High School: McClintock High SchoolHigh School District: Tempe Union High School District

Agent Information

Listing Agent
Listing ID: 6974014

Building

Building Area
Building Area: 2576 Square Feet

Community

Community Features: No Pool

Lot Information

Lot Area: 7236 sqft

Offer

Listing Terms: Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Rental Terms, Policies & Fees

Owner Pays: Water, Sewer

Miscellaneous

Mls Number: 6974014

Additional Information

No Pool
Last check for updates: about 7 hours ago
Listing courtesy of Eugene E Parker, (480) 223-2490
Apex Residential
Jamar Taylor, (305) 509-3005
Apex Residential
Source: ARMLS, MLS#6974014
Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Market trends in Tempe

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$7K
MoM
Sale-to-List Price
98.3%
Price per sq ft
$289
$1
MoM
Available listings
535
14
MoM

Price History for 1224 S SMITH Road

DatePriceEventSource
06/08/2026$1,035,000PriceChange
ARMLS #6974014
01/24/2026$1,075,000Listed For SaleARMLS #6974014
12/13/2023ListingRemovedARMLS #6391061
06/28/2022$1,050,000ListingRemovedARMLS #6391061
04/29/2022$1,050,000Listed For SaleARMLS #6391061
10/14/2020$705,000Sold
ARMLS #6066566
04/29/2020$719,000PriceChange
Agent Provided
03/20/2020$722,000Listed For SaleAgent Provided
01/06/2020$1,095ListingRemovedAgent Provided
12/22/2019$1,095PriceChange
Agent Provided
11/26/2019$1,195PriceChange
Agent Provided
11/05/2019$1,250Listed For RentAgent Provided
11/05/2018$1,050ListingRemovedAgent Provided
11/03/2018$1,050Listed For RentAgent Provided
03/30/2018$365,000Sold
ARMLS #5705725
03/21/2018$385,000PendingAgent Provided
02/14/2018$385,000PriceChange
Agent Provided
01/08/2018$395,000Listed For SaleAgent Provided
10/16/2017$700ListingRemovedAgent Provided
10/07/2017$700Listed For RentAgent Provided
09/16/2016$650ListingRemovedAgent Provided
08/26/2016$300,000Sold
N/A
04/06/2016$595ListingRemovedAgent Provided
03/12/2015$575ListingRemovedAgent Provided
03/02/2015$575Listed For RentAgent Provided
11/13/2014$265,000ListingRemovedAgent Provided
06/13/2013$278,049Sold
N/A
02/03/2004$192,000Sold
N/A
02/28/2001$140,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,687
Assessment$690,100
Home facts updated by county records

Comparable Sales for 1224 S SMITH Road

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.32
Multi-Family Home
$682,000
08/15/25
8
1
3,020
0.07
Multi-Family Home
$875,000
07/31/25
8
2
-
1.27
Multi-Family Home
$700,000
08/15/25
4
1
1,440
1.31
Multi-Family Home
$715,000
11/26/25
4
1
1,540
0.50
Multi-Family Home
$600,000
08/06/25
4
4
1,452
1.73
Multi-Family Home
$650,000
01/22/26
4
4
2,596
2.29
Multi-Family Home
$460,000
01/09/26
5
3
2,470
2.36
Multi-Family Home
$1,250,000
09/30/25
11
2
5,775

Nearby homes

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Assigned Schools

These are the assigned schools for 1224 S SMITH Road.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Alegre Community

  • Trulia User
    "People speed down these streets even with the speed bumps and the curb parking makes visibility a challenge. "
  • Jose S.
    "The neighborhood itself is a bit scary, I live in a gated three layer apartment complex. I fee safe here, here everyone picks up after their dogs and will walk them around the courtyard but the surrounding area does not fee too safe. I actually avoid walking outside of the gate when possible."

LGBTQ Local Legal Protections

Eugene E Parker, Apex Residential
Agent Phone: (480) 223-2490
1224 S SMITH Road, Tempe, AZ 85281 is a 8 bedroom, 1 bathroom, 2,576 sqft multi-family built in 1963. 1224 S SMITH Road is located in Alegre Community, Tempe. This property is currently available for sale and was listed by ARMLS on Jan 24, 2026. The MLS # for this home is MLS# 6974014.