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.
For sale
$584,900
397 W 400 N, Payson, UT 84651
4beds
2baths
2,232sqft
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
- 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#: 2184099
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
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $584,900-2.4%$262/sqft |
Source: | ||
| 8/6/2026 | Listing removed | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/26/2026 | Listed for rent | $1,450+3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/27/2023 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/28/2023 | Price change | $599,000-4.1%$268/sqft |
Source: | ||
| 7/20/2023 | Price change | $624,900+17.9%$280/sqft |
Source: | ||
| 5/8/2023 | Pending sale | $529,900$237/sqft |
Source: | ||
| 4/19/2023 | Listed for sale | $529,900$237/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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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Neighborhood: 84651
Nearby schools
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.





