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.
Sold for $430,000 on 07/09/25
$430,000
603 S Colcord Rd, Payson, AZ 85541
5beds
4baths
2,880sqft
Apartment
Built in 1985
-- sqft lot
$430,000 Zestimate®
$149/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 10, 2025 at 01:07am
Listed by:
Andrea Marie Christianson 928-970-0398,
Coldwell Banker Bishop Realty
Bought with:
Non-MLS Agent
Non-MLS Office
Source: ARMLS,MLS#: 6871957
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Mini Split, Electric
Cooling
- Central Air, Ceiling Fan(s), Mini Split, Wall/Window Unit(s)
Appliances
- Included: Electric Cooktop
Features
- Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
- Flooring: Carpet, Laminate, Linoleum
- Windows: Skylight(s)
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Parking
- Parking features: Circular Driveway
Features
- Stories: 2
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link
Lot
- Size: 7,497 sqft
- Features: Gravel/Stone Front, Gravel/Stone Back
Details
- Parcel number: 30403038
Construction
Type & style
- Home type: Apartment
- Architectural style: Other
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Vertical Siding, Wood Frame
- Roof: Composition
Condition
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & neighborhood
Location
- Region: Payson
- Subdivision: MOGOLLON RIM ADDITION AMENDED
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Fee Simple
Services availability
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