TENANT OCCUPIED! Investors dream! Located in Payson. There are three units in total and are all currently rented for a total of $2051 per month. Each unit has two bedrooms and one bath, they pay their own water, electric, and gas. Owner has made several improvements to the units in recent years. All tenants have been long term and on month to month leases. Don't let this one get away! Please do not disturb!
Sold for $315,000
$315,000
123 E Aero Dr, Payson, AZ 85541
--beds
0baths
1,460sqft
MultiFamily
Built in 1970
-- sqft lot
$312,400 Zestimate®
$216/sqft
$1,687 Estimated rent
Home value
$312,400
$269,000 - $356,000
$1,687/mo
Zestimate® history
Owner options
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$1,687/mo
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$1,687/mo
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$1,860/mo
Est. payment
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$1,860/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Features
- Smoke Detector, Refrigerator, Split Floor Plan
Interior area
- Total interior livable area: 1,460 sqft
Property
Features
- Exterior features: Wood products
Lot
- Size: 0.28 Acres
Details
- Parcel number: 30416034D
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
- Roof: Shake / Shingle
Condition
- Year built: 1970
Community & HOA
Location
- Region: Payson
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $94,225
- Annual tax amount: $564
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $315,000+14.5%$216/sqft |
Source: Public Record Report a problem | ||
| 12/13/2023 | Listing removed | -- |
Source:  ARMLS #6364418 Report a problem | ||
| 8/31/2022 | Sold | $275,000-8.3%$188/sqft |
Source: ARMLS #6364419 Report a problem | ||
| 7/27/2022 | Pending sale | $299,900$205/sqft |
Source: ARMLS #6364419 Report a problem | ||
| 3/5/2022 | Listed for sale | $299,900$205/sqft |
Source: ARMLS #6364419 Report a problem | ||
| 3/5/2022 | Listing removed | $299,900+39.5%$205/sqft |
Source: ARMLS #6364418 Report a problem | ||
| 4/20/2021 | Sold | $215,000-14%$147/sqft |
Source: ARMLS #6206937 Report a problem | ||
| 4/6/2021 | Pending sale | $250,000$171/sqft |
Source:  CAAR #84156 Report a problem | ||
| 2/20/2021 | Listed for sale | $250,000+131.5%$171/sqft |
Source: ERA YOUNG REALTY-PAYSON #84156 Report a problem | ||
| 2/26/2019 | Sold | $108,000-13.6%$74/sqft |
Source: Public Record Report a problem | ||
| 2/4/2019 | Pending sale | $125,000$86/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 1/29/2019 | Listed for sale | $125,000$86/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 1/22/2019 | Pending sale | $125,000$86/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 1/18/2019 | Price change | $125,000-7.4%$86/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 1/14/2019 | Listed for sale | $135,000$92/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 1/10/2019 | Pending sale | $135,000$92/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 1/3/2019 | Listed for sale | $135,000-20.6%$92/sqft |
Source: PAYSON REALTY #79346 Report a problem | ||
| 2/29/2008 | Sold | $170,000-31.7%$116/sqft |
Source: Public Record Report a problem | ||
| 11/14/2007 | Listed for sale | $249,000$171/sqft |
Source: Number1Expert #53900 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $564 +3.8% | $9,423 +15% |
| 2025 | $543 +3.3% | $8,195 +20% |
| 2024 | $526 +3.2% | $6,830 |
| 2023 | $510 +6.5% | -- |
| 2022 | $479 +4.1% | -- |
| 2021 | $460 +9.5% | -- |
| 2019 | $420 +7.3% | -- |
| 2018 | $392 -8.1% | -- |
| 2017 | $426 | -- |
| 2016 | $426 -3.7% | -- |
| 2015 | $442 | -- |
| 2014 | -- | -- |
| 2013 | -- | $3,584 |
| 2012 | -- | $3,584 -18.7% |
| 2011 | -- | $4,408 |
| 2010 | -- | $4,408 |
| 2009 | -- | -- |
| 2008 | $382 -16.9% | -- |
| 2006 | $460 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
Find assessor info on the county website
Neighborhood: 85541
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Julia Randall Elementary SchoolGrades: PK,2-5Distance: 1.1 mi
- 5/10Rim Country Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Payson High SchoolGrades: 9-12Distance: 0.8 mi
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- Arizona
- Gila County
- Payson
- 85541
- 123 E Aero Dr
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