4 Plex - 1 unit is a commercial office. 3 other units are apartment rentals. Across the way is a single level manufactured home that must be purchased with Four Plex. $65,000 and both to be purchased for $399,000. Please do not disturb tenants. Buyers must be pre-qualified to view property. No sign or Lockbox. Must have 48 hour notice prior to seeing property.
Sold for $430,000
$430,000
605 S Colcord Rd, Payson, AZ 85541
--beds
0baths
7,497sqft
MultiFamily
Built in 1985
-- sqft lot
$430,900 Zestimate®
$57/sqft
$1,471 Estimated rent
Home value
$430,900
$375,000 - $491,000
$1,471/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Dishwasher, Refrigerator, Range/Oven
Interior area
- Total interior livable area: 7,497 sqft
Property
Lot
- Size: 7,405 sqft
Details
- Parcel number: 30403037
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
Condition
- Year built: 1985
Community & neighborhood
Location
- Region: Payson
Other
Other facts
- Income/Sales Info: Net Operating Income: 21, 000 - 30, 999
- Cooling: Window Unit, Evaporative
- Floor Covering: Carpeting, Laminate
- Heating: Baseboard
- Interior Features: Dishwasher, Refrigerator, Range/Oven
- Owner May Sell/Terms: Cash
- Included In Rent: Water, Trash, Sewer
- Roof: Asphalt/Comp Shingle
- Lot/Street Improvem: Blacktop Street, Dirt Street
- Utilties Available: Trash, Telephone, Electricity, Town of Payson Water, Sewer Hooked In, Propane Piped
- Property Features: Partially Fenced
- Possession: At Close of Escrow
- Management: Owner/Family
- List Type: Exclusive ARS
- Property Sub-Type: Four Plex
- Income/Sales Info: Down Payment: CLO
- Siding: Wood
- Construction: Wood Frame
- Leases: Month to Month
- Floor Type: Wood
- Income/Sales Info: Cap Rate: CLO
- Type/Style: Two Story
- Status: Pending
- Assessor's Parcel #: 038
- Sub Code: Mogollon Rim Add Amd - PSW
- County: Gila
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Sold | $430,000+561.5%$57/sqft |
Source: Public Record Report a problem | ||
| 3/29/2021 | Sold | $65,000-80.5%$9/sqft |
Source: Public Record Report a problem | ||
| 3/4/2021 | Pending sale | $334,000$45/sqft |
Source:  CAAR #84086 Report a problem | ||
| 3/4/2021 | Price change | $334,000+413.8%$45/sqft |
Source: Realty Executives Arizona Territory #84086 Report a problem | ||
| 3/2/2021 | Pending sale | $65,000-80.5%$9/sqft |
Source: Realty Executives Arizona Territory #84086 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $444 +3.2% | $4,968 +27.6% |
| 2024 | $430 +8.9% | $3,892 |
| 2023 | $395 +6.5% | -- |
Find assessor info on the county website
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
- 2/10Payson High SchoolGrades: 9-12Distance: 0.4 mi
Get pre-qualified for a loan
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.