For more info see www.PhxAptsForSale.com One of 2 identical adjacent 4-plexes except that 1224 S Smith Rd has a laundry facility. All of the apartments are two-bedroom / one-bath and each is individually metered for electric and has A/C cooling. Over the past few months, approx. $10,000 in improvements have been made to both buildings. The exterior walls are attractive 'old-style' brick. They are located just north of the proposed Light-Rail station.
Multi-familyProperty Type
1963Year Built
7,236 sq ftLot Size
8 spacesParking
Listed by James Kasten• RE/MAX Commercial Investment
MOTIVATED SELLER. Two adjacent red brick 4-plexes are available. 1224 S Smith has a laundry facility. All of the apartments are two-bedroom & each is indiv. metered for electric & have A/C cooling. These apartments provide strong cash flow & are very easily rented. The proposed Light-Rail system is planned to run along Apache Road (just south of the apartments) and a station is proposed for the corner of Smith/Apache. For more info see www.PhxAptsForSale.com
ARMLS #1548802
Feb 15, 2001
Sold
$140,000
Sep 12, 2000
Listed
$144,900
GREAT INVESTMENT OPPORTUNITY FOR THIS WELL-MAINTAINED 4-PLEX. FAITHFUL TENANTS ALREADY IN. SOLID BLOCK CONSTRUCTION. ACT QUICKLY. THESE WON'T LAST LONG. BACK ON MARKET AFTER MINOR REPAIR WORK DONE (INCLUDING NEW ROOF). **ALL TENANTS HAVE BEEN NOTIFIED OF $25 RENT INCREASE TO TAKE EFFECT IN FEBUARY 2001*** MUST BE SOLD AS PACKAGE WITH 1224 S. SMITH.
Public Records
Nov 8, 1990
Sold
$68,500
Public Records
Sep 7, 1979
Sold
$88,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,694 (+7.0%)
2024
$1,583 (+1.2%)
2023
$1,564 (+4.3%)
2022
$1,501 (−0.7%)
$9,260 + $37,040
$46,300
2021
$1,511 (+3.1%)
$7,740 + $30,980
$38,720
2020
$1,465 (+1.9%)
$6,750 + $27,010
$33,760
2019
$1,437 (+2.6%)
$5,550 + $22,230
$27,780
2018
$1,402 (+3.1%)
$5,550 + $22,230
$27,780
2017
$1,360 (+0.7%)
$4,550 + $18,230
$22,780
2016
$1,350 (+4.1%)
$4,250 + $17,020
$21,270
2015
$1,297 (−6.2%)
$3,160 + $12,640
$15,800
2014
$1,382 (+21.5%)
$2,120 + $8,500
$10,620
2013
$1,138 (−10.5%)
$1,490 + $5,990
$7,480
2012
$1,271
$1,840 + $7,390
$9,230
2011
$1,270 (−6.7%)
$2,160 + $8,650
$10,810
2010
$1,361 (−27.3%)
$2,680 + $10,740
$13,420
2009
$1,872
$4,070 + $16,300
$20,370
Tax history for 1230 S Smith Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,694 (+7.0%)
2024
$1,583 (+1.2%)
2023
$1,564 (+4.3%)
2022
$1,501 (−0.7%)
$9,260 + $37,040
$46,300
2021
$1,511 (+3.1%)
$7,740 + $30,980
$38,720
2020
$1,465 (+1.9%)
$6,750 + $27,010
$33,760
2019
$1,437 (+2.6%)
$5,550 + $22,230
$27,780
2018
$1,402 (+3.1%)
$5,550 + $22,230
$27,780
2017
$1,360 (+0.7%)
$4,550 + $18,230
$22,780
2016
$1,350 (+4.1%)
$4,250 + $17,020
$21,270
2015
$1,297 (−6.2%)
$3,160 + $12,640
$15,800
2014
$1,382 (+21.5%)
$2,120 + $8,500
$10,620
2013
$1,138 (−10.5%)
$1,490 + $5,990
$7,480
2012
$1,271
$1,840 + $7,390
$9,230
2011
$1,270 (−6.7%)
$2,160 + $8,650
$10,810
2010
$1,361 (−27.3%)
$2,680 + $10,740
$13,420
2009
$1,872
$4,070 + $16,300
$20,370
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
7,187 Sq. Ft.
Year renovated
1963
Sq. Ft.
2,576
Year built
1963
Style
Multi-Family (2-4 Unit)
County
Maricopa County
APN
13267062K
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
CSS
Commercial Shopping And Service District
The CSS district is intended to meet the daily shopping and service needs of Tempe's neighborhoods
Permitted uses
Include but are not limited to:
Convention center
Religious facility
Bank
Convenience store
Garden center
General retail
Restaurant
Warehouse
Office
Medical office
Property details
Parking
Parking Information
Parking Total: 8
Open Parking Spaces: 8
Parking Features: 1 Space/Unit
Interior
Heating & Cooling
Has Heating
Cooling: Electric, Individual
Has Cooling
Heating: Electric
Interior Features
Appliances: Free-Standing Range
Flooring: Carpet, Vinyl
Unit Information
Unit Type Actual Rent: $475
Unit Type Baths Total: $1
Unit Type Beds Total: 2
Exterior
Exterior Features
Construction Materials: Brick Veneer, Brick
Roof: Composition
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: 67 x 108
Building Information
Number Of Buildings: 1
Financial
Tax Information
Tax Annual Amount: $1,222
Tax Year: 2003
Location
Location Information
Directions: East on Apache from McClintock one half mile, then north one block on Smith Rd.
Community Information
Community Features: No Pool
Utility Information
Electric: SRP
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,576
Stories: 1.0
Lot Size: 7,187 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1963
Year Renovated: 1963
County: Maricopa County
APN: 13267062K
Home facts updated by county records on Jul 8, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Thew Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
Connolly Middle School
Public 6-8 • Assigned • 0.8mi
3/10
McClintock High School
Public 9-12 • Assigned • 1.3mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 111° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Tempe, AZ • 85281
Average low and high temperatures (°F)
69
47
78
55
84
61
86
64
94
72
105
82
106
85
107
86
102
81
92
69
76
55
74
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 13.5 hours in
June and 7.7 hours in December, placing it above the
U.S. average for solar exposure.
13.5 hrs
7.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$640,000 – $774,000
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