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1224 S Smith Rd

Tempe AZ 85281

4
Multi-Family
Currently for sale - view listing

Overview

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.

Features

4 carspaces
4 open car spaces
Multi-Family

Property history for 1224 S Smith Rd

2020
Sold
$705,000
14 Oct 2020 by Tarun Chopra, of Equity Arizona Real Estate
2018
Sold
$365,000
30 Mar 2018 by Bryan McCoy, of Century 21-Platinum Real Estate

Happy sellers in Tempe

95%
95% of sellers in Tempe reported that their sale price either exceeded or met their price expectations.

Tempe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Tempe over the last 12 months.

Local market activity for multi families in Tempe

In the last 12 months, 19 multi families similar to 1224 S Smith Rd, have been sold.

This represents a 35% decrease in multi families sales when compared to the previous 12 months.

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