1224 S SMITH Road, Tempe AZ 85281
$999,999
Brokerage: Ivy Realty(623) 299-4954
1 / 19Home facts
- Price
- $999,999
- Status
- Active
- Beds
- 8
- Baths
- 4
- Year built
- 1963
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- MLS #
- 6974014
Listed by Apex Residential · 602-290-4663
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Foam
Sewer
Sewer - Public
Cooling
Ceiling Fan(s), Electric
Heating
Electric
Electric
SRP
Flooring
Tile, Ceramic Tile
WaterSource
City Franchise
ParkingFeatures
>1 Space Per Unit
CommunityFeatures
No Pool
ConstructionMaterials
Brick Veneer, Painted, Block
Map
Price and status history
| Date | Change | From → To |
|---|---|---|
| Sep 27, 2026 | Price | $1,000,000 → $999,999 |
| Aug 25, 2026 | Price | $1,035,000 → $1,000,000 |
| Jun 7, 2026 | Price | $1,075,000 → $1,035,000 |
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 2133 E MARGARITA Drive | Sep 28, 2026 | $328,000 | 2/2 | 1,248 | Citiea |
| 905 S MELODY Lane | Sep 15, 2026 | $269,000 | 2/2 | 1,036 | KJ Elite Realty |
| 2340 E UNIVERSITY Drive 55 | Sep 13, 2026 | $50,000 | 3/2 | 924 | Realty ONE Group |
| 2134 E BROADWAY Road 1061 | Sep 8, 2026 | $300,000 | 2/2 | 1,096 | eXp Realty |
| 2335 E MCARTHUR Drive | Sep 3, 2026 | $350,000 | 3/2 | 1,450 | Fathom Realty Elite |
| 1116 S HOLBROOK Lane | Sep 1, 2026 | $325,000 | 2/1 | 798 | Good Oak Real Estate |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).