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
$433,100 Zestimate®
$149/sqft
$2,046 Estimated rent
Home value
$433,100
$377,000 - $498,000
$2,046/mo
Zestimate® history
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Owner options
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$2,046/mo
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$2,405/mo
Est. payment
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Est. payment
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List your homeWhat'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
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $430,000-3.4%$149/sqft |
Source:  CAAR #92328 Report a problem | ||
| 6/7/2025 | Pending sale | $445,000$155/sqft |
Source: CAAR #92328 Report a problem | ||
| 5/27/2025 | Listed for sale | $445,000$155/sqft |
Source: CAAR #92328 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 85541
Nearby schools
GreatSchools rating
- 5/10Julia Randall Elementary SchoolGrades: PK,2-5Distance: 1 mi
- 5/10Rim Country Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Payson High SchoolGrades: 9-12Distance: 0.4 mi
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At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Arizona
- Gila County
- Payson
- 85541
- 603 S Colcord Rd