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Payson, UT Multifamily Homes & Duplexes for Sale

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  • /42

    $595,000

    $30K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,352 Sq Ft

    420 E 600 S, Payson, UT 84651

    Income-producing duplex in Payson! Each 3BR/1BA unit rents for ~$1,400. Updated flooring, newer furnace & water heater. Side lot may be buildable + $10K seller concession. Solid investment opportunity! Sq ft per prior MLS; buyer to verify.

    James Ewell Real Broker, LLC

    420 E 600 S, Payson, UT 84651
  • /12

    $584,900

    $10K PRICE INCREASE
    • 4 Beds
    • 2 Baths
    • 2,232 Sq Ft

    395 W 400 N, Payson, UT 84651

    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

    Jan;L Jensen JJ Realty Group LLC

    395 W 400 N, Payson, UT 84651
  • /21

    $519,999

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft

    626 S 400 E Unit A-B, Payson, UT 84651

    INVESTORS OF UTAH COUNTY! Well-maintained, all-brick duplex in an established, quiet Payson neighborhood with a strong rental history and additional land with potential for a second duplex. Each unit offers 2 bedrooms and 1 bathroom, providing a desirable layout for long-term tenants. The property has been consistently rented with tenants in place and has historically had strong rental demand.

    Marcie Stevens Evolve Real Estate & Management LLC

    626 S 400 E Unit A-B, Payson, UT 84651

Why Live in Payson

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.

Home Price Trends

Median Sale Price
$419,275
Median Single Family Sale Price
$505,000
Median Townhouse Sale Price
$369,995
Median 2 Bedroom Sale Price
$379,900
Average Price Per Sq Ft
$224
Number of Homes for Sale
3
Last 12 months Home Sales
87
Months of Supply
17.90
Median List Price
$435,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%
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