Investment opportunity awaits! This fourplex sits on .17 acre lot, with three units currently rented. The fourth unit is unfinished, offering a buyer chance to complete to their specifications. A second adjacent .17 parcel is included in the sale and must be purchased together. This parcel currently has a 1960 mobile home (considered to have no value and will need to be removed), but it offers significant potential for additional development-ideal for adding more apartment units or expanding your investment portfolio.
Please do not disturb the tenants.
Showings require a 48-hour notice.
All buyers must be pre-qualified prior to viewing the property.
Closed
$430,000
603 S Colcord Rd, Payson, AZ 85541
5beds
0baths
2,880sqft
Quadruplex
Built in 1985
-- sqft lot
$425,100 Zestimate®
$149/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 11, 2025 at 03:33pm
Listed by:
Andrea Christianson,
COLDWELL BANKER BISHOP REALTY - PAYSON
Source: CAAR,MLS#: 92328

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Baseboard, Forced Air
Cooling
- Central Air, Window Unit(s), Other, Ceiling Fan(s)
Appliances
- Included: Refrigerator, Dishwasher, Disposal
Features
- Flooring: Carpet, Laminate, Vinyl
- Windows: Skylight(s)
- Has basement: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Parking
- Total spaces: 5
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.34 Acres
- Dimensions: 50 x 150 x 50 x 150
- Features: Corner Lot
Details
- Parcel number: 30403038
- Zoning: R3-MH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Frame
- Roof: Asphalt/Comp Shingle
Condition
- Year built: 1985
Community & neighborhood
Location
- Region: Payson
- Subdivision: Mogollon Rim Add Amd - PSW
Other
Other facts
- Listing terms: Conventional,1031 Exchange
- Road surface type: Blacktop Street, Gravel