$894,000
- 8 Beds
- 8 Baths
- 4,432 Sq Ft
361 W 625 N Unit A-D, Payson, UT 84651
Lisa Howells Redfox Real Estate Group
$894,000
361 W 625 N Unit A-D, Payson, UT 84651
Lisa Howells Redfox Real Estate Group
$595,000
420 E 600 S, Payson, UT 84651
James Ewell Real Broker, LLC
$879,000
383 W 625 N Unit A-D, Payson, UT 84651
Hillaree Wright The Wright Team Real Estate Professionals
Payson, Utah, is an up-and-coming city with a rich history and a growing population of over 23,000 residents. Located conveniently near Provo and Salt Lake City, Payson offers larger, more affordable housing options compared to its northern neighbors. The city features diverse home styles, including single-story cottages in Heritage Village, modern contemporary two-stories in Canyonway, and multi-million-dollar homes along the foothills of Mount Loafer. The Nebo School District serves the community with eight schools, and the soon-to-open Mountainland Technical College Payson Campus will offer programs in culinary arts, automotive tech, and digital design. Payson boasts numerous attractions, such as Memorial Park with its pickleball courts, playground, and outdoor stage, and the Gene Hillman Recreational Complex with baseball, softball, and soccer fields. The Payson Community Pool provides slides and a lap pool, while the Mt. Nebo Loop and Lincoln Beach offer scenic outdoor recreation. Historic Downtown Payson features old-timey rowhouse buildings, Eli’s Old School Ice Cream and Soda Shop, and the Huish Theatre. The city hosts annual events like the Salmon Supper and Onion Days festival, fostering strong community spirit. Commuters benefit from quick access to I-15, with Spanish Fork, Orem, and Provo all within 25 miles, and Provo Airport 17 miles away. Payson has lower crime rates compared to state and national averages, though the area is at moderate wildfire risk, potentially affecting insurance rates.
On average, homes in Payson, UT sell after 40 days on the market compared to the national average of 55 days. The median sale price for homes in Payson, UT over the last 12 months is $349,990, down 16% from the median home sale price over the previous 12 months.
In Payson, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $595,000 to $894,000, there's a range to accomodate every budget. As of March, 2026 the median home price in Payson is $406,112, while the average sale price is $370,992, offering insights into the local housing market. On average, multi-family homes spend 40 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, UT.