Payson, AZ Multifamily Homes & Duplexes for Sale

/7
$349,000
- 4 Beds
- 2 Baths
- 1,920 Sq Ft
704 S Meadow St, Payson, AZ 85541

Rare Mixed-Use Opportunity in the Heart of Payson704 S Meadow Street, Payson, AZThis unique mixed-use property just steps from Main Street in the cool mountain town of Payson, Arizona, offers a blank slate with massive potential. Currently a shell with a dirt floor, it's primed for developmental, residential, commercial, or both. Zoned for flexible use, this property supports

Geoffrey Adams

Realty ONE Group

(928) 218-5561

704 S Meadow St, Payson, AZ 85541
Explore Payson
/30
$890,000
- 3 Beds
- 3 Baths
- 2,700 Sq Ft
1303 N Sunshine Ln, Payson, AZ 85541

Beautifully Updated Home on a 0.23-Acre Treed Lot with Stunning Mountain Views. This lovely property features a serene front courtyard, a garden oasis beneath a canopy of trees. The main level offers single-story living with no interior stairs, providing both convenience and accessibility. The gourmet kitchen boasts brand new quartz countertops, a spacious entertaining island, and modern

Stephanie Carlock Integra Homes and Land

1303 N Sunshine Ln, Payson, AZ 85541
/26
$2,800,000
57560 N Az Highway 188, Payson, AZ 85541

Take advantage of this fantastic opportunity with 45 space RV park in a prime spot. Become the proud owner of this expansive 3.8-acre RV park with majestic mountain views. Packed with existing and operational amenities, including a general store, a bar, storage sheds, equestrian facilities, and more. You'll also find a central open area for communal gatherings. The vast property includes a mix of

David Barney Fathom Realty

57560 N Az Highway 188, Payson, AZ 85541
/13
$249,500
- 1 Bed
- 1 Bath
- 665 Sq Ft
1501 N Beeline Hwy Unit 62, Payson, AZ 85541

Welcome to this clean and cozy 1-bedroom, 1-bath condo tucked away in a quiet corner of the community offering a sense of tranquility. You'll love the open feel of the great room with its vaulted ceiling, plus there's a cozy dining area and a breakfast bar that provide comfortable spaces for meals and entertaining. The bedroom has a big walk-in closet, and all the appliances are included—just

Rory Huff ERA-Young Realty & Investment

1501 N Beeline Hwy Unit 62, Payson, AZ 85541
/35
$797,000
- 3 Beds
- 2 Baths
- 2,352 Sq Ft
2012 E Columbine Cir, Payson, AZ 85541

BRAND NEW ROOF JUST ADDED!Welcome to this cozy yet spacious 3-bedroom, 2-bath log home with a loft, offering 2,352 sq ft of open-concept living nestled at the end of a quiet cul-de-sac. This private retreat features vaulted ceilings, two fireplaces. Step outside onto the expansive front deck, perfect for soaking in the fresh mountain air or entertaining guests. Additional balcony and patio

Mark Lyons Integra Homes and Land

2012 E Columbine Cir, Payson, AZ 85541
/36
$935,000
- 3 Beds
- 3 Baths
- 1,940 Sq Ft
212 W Homestead Ln, Payson, AZ 85541

Fully furnished home nestled in the highly desirable Hunter Creek Ranch, just 20 minutes east of Payson, this beautiful cabin-style home offers the perfect blend of rustic charm and modern comfort. Boasting 3 spacious bedrooms, 2.5 bathrooms, plus a dedicated shower and sauna room, this mountain retreat is designed for relaxation and rejuvenation.Step inside to find warm wood accents and

Julie Pentico Southwest Mountain Realty, LLC

212 W Homestead Ln, Payson, AZ 85541
/5
$1,200,000 New Construction
200 E Jura Cir, Payson, AZ 85541

Perfect investor opportunity!! Whether you own lots of rental properties or this is your first this is a prime opportunity! Hasn't been a new multi-family construction in YEARS! STRONG RENTS in the community, Payson is in DESPERATE need of long and short term rentals! Rest assured- Comes with a standard 2 year warranty from builder! Currently under construction, will be completed before August

Tina Garcia Realty ONE Group

200 E Jura Cir, Payson, AZ 85541

Arizona Gila County Payson

Why Live in Payson

Payson, Arizona, known as the "Heart of Arizona," is a small town centrally located in the state, surrounded by the expansive Tonto National Forest. With nearly 17,000 residents, many are retirees or part-time inhabitants, often commuting 90 miles to Phoenix. Payson offers a variety of housing options, including manufactured homes, townhouses, condominiums, luxury builds, and undeveloped lots for custom homes. Outdoor recreation is abundant, with opportunities for fishing, kayaking, hiking, and horseback riding in the nearby lakes and forests. Wildlife sightings, such as elk, are common. The town features community parks like the 82-acre Rumsey Park and the 43-acre Green Valley Park, which hosts events like summer concerts and Fourth of July fireworks. Payson embraces its Western heritage with events like the Payson Pro Rodeo, the oldest continuous rodeo in the country, and the annual Fiddle and Food Truck Festival. Dining and shopping options include national chains and locally owned establishments along State Route 87 and Highway 260. The Payson Unified School District offers flexible learning options and serves around 2,300 students. Transportation is facilitated by the Beeline Bus and State Route 87, with Phoenix Sky Harbor International Airport 80 miles away. Payson has seen a recent decrease in overall crime, with violent crime and burglary incidents dropping significantly.

Learn more about living in Payson

Home Trends in Payson, AZ

On average, homes in Payson, AZ sell after 103 days on the market compared to the national average of 70 days. The median sale price for homes in Payson, AZ over the last 12 months is $440,000, down 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$440,000

Median Single Family Sale Price

$525,000

Median Townhouse Sale Price

$434,500

Average Price Per Sq Ft

$321

Number of Homes for Sale

Last 12 months Home Sales

346

Months of Supply

1.50

Median List Price

$549,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-19%

How to Buy a Home How to Finance a Home How to Sell a Home

In Payson, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $249,500 to $2,800,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Payson is $549,000, while the average sale price is $583,002, offering insights into the local housing market. On average, multi-family homes spend 103 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Payson, AZ.

Payson Types of Homes for Sale

Payson Real Estate Listings

Payson New Construction Homes

More About Living in Payson

Homes in Nearby Counties

Gila County Homes for Sale

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