Closed

$430,000

603 S Colcord Rd, Payson, AZ 85541

5beds

0baths

2,880sqft

Quadruplex

Built in 1985

-- sqft lot

$767,600 Zestimate^®

$149/sqft

$1,746 Estimated rent

Home value

$767,600

$622,000 - $936,000

$1,746/mo

Zestimate^® history

Owner options

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$1,746/mo

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$1,746/mo

Rent Zestimate^®

Refinance and save

$2,551/mo

Est. payment

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$2,551/mo

Est. payment

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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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 0

Heating

Baseboard, Forced Air

Cooling

Ceiling Fan(s), Central Air

Features

Flooring: Carpet, Laminate, Vinyl
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
Fencing: Chain Link

Lot

Size: 0.34 Acres
Dimensions: 50 x 150 x 50 x 150

Details

Parcel number: 30403038
Zoning: R3-MH

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Wood Frame

Condition

Year built: 1985

Community & HOA

Community

Subdivision: Mogollon Rim Add Amd - PSW

Location

Region: Payson

Financial & listing details

Price per square foot: $149/sqft
Annual tax amount: $2,364
Date on market: 5/27/2025
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