Sold for $430,000

$430,000

603 S COLCORD Road, Payson, AZ 85541

5beds

4baths

2,880sqft

Apartment

Built in 1985

-- sqft lot

$438,000 Zestimate^®

$149/sqft

$1,913 Estimated rent

Home value

$438,000

$377,000 - $508,000

$1,913/mo

Zestimate^® history

Owner options

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$1,913/mo

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$1,913/mo

Rent Zestimate^®

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$2,538/mo

Est. payment

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$2,538/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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Mini Split, Electric

Cooling

Central Air, Ceiling Fan(s), Mini Split, Wall/Window Unit(s)

Appliances

Included: Electric Cooktop

Features

Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
Flooring: Carpet, Laminate, Linoleum
Windows: Skylight(s)
Has basement: No

Interior area

Total structure area: 2,880
Total interior livable area: 2,880 sqft

Property

Parking

Parking features: Circular Driveway

Features

Stories: 2
Pool features: None
Spa features: None
Fencing: Block,Chain Link

Lot

Size: 7,497 Square Feet
Features: Gravel/Stone Front, Gravel/Stone Back

Details

Parcel number: 30403038

Construction

Type & style

Home type: Apartment
Architectural style: Other
Property subtype: Apartment
Attached to another structure: Yes

Materials

Vertical Siding, Wood Frame
Roof: Composition

Condition

Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Subdivision: MOGOLLON RIM ADDITION AMENDED

HOA

Has HOA: No
Services included: No Fees

Location

Region: Payson

Financial & listing details

Price per square foot: $149/sqft
Annual tax amount: $1,996
Date on market: 11/15/2025
Cumulative days on market: 11 days
Listing terms: Cash,Conventional,1031 Exchange
Ownership: Fee Simple

Price history

Date	Event	Price
7/9/2025	Sold	$430,000-3.4%$149/sqft
Source: ARMLS #6871957 Report a problem
6/7/2025	Pending sale	$445,000$155/sqft
Source: ARMLS #6871957 Report a problem
5/28/2025	Listed for sale	$445,000$155/sqft
Source: ARMLS #6871957 Report a problem