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Four-Plex Investment Property

1224 S SMITH Road Tempe, AZ 85281

1224 S SMITH Road, Tempe, AZ, 85281
$1,035,000
For Sale
$1,035,000

Four-plex for sale in Tempe, AZ, with access to ASU, light rail, downtown, and major freeways.

Days on Market177

Property Features for 1224 S SMITH Road

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1963
Listing agency Apex Residential
Listed by Eugene E Parker · License #SA685545000
Source Exitrealty
Added: Jan 26 Updated: Jul 21 at 4:37PM Checked: Jul 21 at 4:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apex Residential


Investment Insights

Based on property information with market context.

For sale is a four-plex property in Tempe, AZ. The asset is configured as four separate units within a single building, offering an income-producing residential layout suitable for investors or owner-occupants who want to offset housing costs.

The property is described as well-located in a high-demand rental corridor, with proximity to ASU, light rail, downtown Tempe, major freeways, and area employment hubs. Nearby education, transportation, and lifestyle anchors are highlighted as drivers of consistent tenant demand.

This offering presents a straightforward four-unit investment structure in a market location that emphasizes year-round rental demand.

Key Highlights

  • 4‑plex for sale in Tempe, AZ
  • Year built: 1963
  • Minutes from ASU, light rail, and downtown Tempe

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Pharmacy Tanning Salon Daycare Center Restaurant Pet Grooming Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-plex for sale in Tempe, AZ, with access to ASU, light rail, downtown, and major freeways.
Where is this quadplex located?
The property is located at 1224 S SMITH Road Tempe, AZ.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: 4‑plex for sale in Tempe, AZ; Year built: 1963; Minutes from ASU, light rail, and downtown Tempe
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