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For sale
  • $584,900

    397 W 400 N, Payson, UT 84651

    4beds
    2baths
    2,232sqft
    : 
    $3,764/mo
    Get pre-qualified
    Duplex
    Built in 1996
    -- sqft lot
    $573,200 Zestimate®
    $262/sqft
    $-- HOA

    What's special

    Roof in great conditionFresh paintWell-maintained flooringMature established treesAutomatic sprinkler systemForced-air heatingCentral air conditioning
    Beautifully Maintained Duplex | Excellent Investment Opportunity | Both Units Rented This is a fantastic opportunity to own one of the nicest duplexes available! Each unit offers approximately 1,200 sq. ft. with 2 bedrooms and 1 bathroom, providing spacious layouts and excellent rental appeal. Both units are currently rented at $1,400 per month each, for a total current rental income of $2,800/month. One unit has recently signed a 24-month lease, while the other is at the end of a 3-year lease with plans to renew. Current rents have not been adjusted for several years, providing potential for increased rental income over time. The upstairs unit has been beautifully updated with all-new flooring, fresh paint, modern black door hardware, and brand-new LED light fixtures featuring Halo night lights. The lower unit is also in excellent condition, with well-maintained flooring approximately 56 years old. This property has been exceptionally well cared for. The owner has several other similar rental units-some older and some newer-and considers this duplex by far the nicest of the group. Additional features include: Central air conditioning Forced-air heating Automatic sprinkler system Roof in great condition Mature, established trees Excellent overall condition and pride of ownership A truly turnkey investment with great tenants, strong rental history, beautiful updates, and significant potential for future rental growth. Whether you're an experienced investor or looking to add a quality income-producing property to your portfolio, this duplex is an exceptional opportunity. Do not disturb tenants. 24 hour notice required.
    21 days
    106
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Jan L Jensen 801-604-0534,

    JJ Realty Group LLC

    Source: UtahRealEstate.com,MLS#: 2184099MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air, Central
      Appliances
      • Included: Disposal, Free-Standing Range, Built In Dishwasher
      • Laundry: Electric Dryer Hookup
      Features
      • Dry Bar, Walk-In Closet(s)
      • Flooring: Carpet, Vinyl
      • Windows: Blinds, Double Pane Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 2,232
      • Total interior livable area: 2,232 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Covered, Open
      • Carport spaces: 2
      • Uncovered spaces: 4
      Features
      • Fencing: Partial
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 7,405 Square Feet
      • Features: Curb & Gutter, Sprinkler: Auto-Full
      • Topography: Terrain
      • Residential vegetation: Landscaping: Full, Mature Trees
      Details
      • Parcel number: 524980002
      • Zoning description: Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Up And Down
      • Property subtype: Duplex
      • Attached to another structure: Yes
      Materials
      • Aluminum Siding, Brick
      • Roof: Asphalt
      Condition
      • Blt./Standing
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Public Sewer, Sewer: Public
      • Water: Culinary, Irrigation: Pressure
      • Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Snider Estates
      HOA
      • Has HOA: No
      Location
      • Region: Payson

      Financial & listing details

      • Price per square foot: $262/sqft
      • Tax assessed value: $459,600
      • Annual tax amount: $2,513
      • Date on market: 9/9/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Acres allowed for irrigation: 0
      • Electric utility on property: Yes

        Estimated market value

        $573,200

        $545,000 - $602,000

        $1,565/mo

        Price history

        DateEventPrice
        9/9/2026Price change$584,900-2.4%$262/sqft
        Source: UtahRealEstate.com #2184099 Report a problem
        8/6/2026Listing removed$1,450$1/sqft
        Source: Zillow Rentals Report a problem
        6/26/2026Listed for rent$1,450+3.6%$1/sqft
        Source: Zillow Rentals Report a problem
        11/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/27/2023Listed for rent$1,400$1/sqft
        Source: Zillow Rentals Report a problem
        7/28/2023Price change$599,000-4.1%$268/sqft
        Source: UtahRealEstate.com #1889653 Report a problem
        7/20/2023Price change$624,900+17.9%$280/sqft
        Source: UtahRealEstate.com #1889653 Report a problem
        5/8/2023Pending sale$529,900$237/sqft
        Source: UtahRealEstate.com #1871951 Report a problem
        4/19/2023Listed for sale$529,900$237/sqft
        Source: UtahRealEstate.com #1871951 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,514 +5.8%$459,600 +4.5%
        2024$2,376 +1.3%$439,700 +1%
        2023$2,346 +6.7%$435,300 +8.5%
        2022$2,198 +14.7%$401,200 +136.4%
        2021$1,917 +5.1%$169,730 -40.9%
        2020$1,823 +10.2%$287,200 +95.4%
        2019$1,655 +2.5%$146,960 -36.8%
        2018$1,615 +3.6%$232,400 +71.9%
        2017$1,560 $135,190 +4.2%
        2016$1,560 +9.2%$129,690 +10%
        2015$1,428 +15.9%$117,920 +15%
        2014$1,233 $102,520
        2013-- $102,520 -1.7%
        2012-- $104,335 +5.4%
        2009-- $99,000
        2008-- $99,000
        2007-- $99,000 +13.7%
        2006-- $87,065 +5%
        2005-- $82,924
        2003-- $82,924 -42.4%
        2001$901 +13.1%$143,963 +103.5%
        2000$796 $70,737
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 84651

        Getting around

        53 / 100
        Somewhat Walkable
        24 / 100
        Minimal Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Taylor
        • Middle: Salem Jr
        • High: Salem Hills
        • District: Nebo

        Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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