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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

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    $2,391/mo

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    What's special

    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.

    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#: 92328MLS Logo

    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