$285,000

331 N 500 E Unit 2 Payson, UT 84651

Estimated payment $1,598/month

0.28 Acre
$1,017,857 Price per Acre
12,197 Sq Ft Lot

Highlights

  • No HOA
  • Views
  • No Heating

About This Lot

Unique investment opportunity in the heart of Payson. This listing includes two parcels (55:959:0001 and 55:959:0002 327 N 500 E And 331 N 500 E ) that together complete a twin home lot. Each lot measures .1425 acres for a combined .285 acres. Both lots must be purchased together- the list price reflects the total price for both lots. The seller is currently developing three lots in the area, and curb, gutter, and all utilities will be stubbed and ready for connection. The location offers convenient access to I-15, Mountain View Hospital, and all the charm of downtown Payson. Build and hold both units as a long-term investment, or live in one side and sell the other to offset costs. A versatile property with great potential-don't miss your chance to own in one of Payson's prime spots.

Listing Agent

Colby Kerr

KW WESTFIELD License #7613271 Listed on: 10/03/2025

KW WESTFIELD

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $966

Lot Details

  • 0.28 Acre Lot
  • Property is zoned Multi-Family

Schools

  • Barnett Elementary School
  • Payson Jr Middle School
  • Payson High School

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 55-985-0001

Property Details

Property Type

Land

Est. Annual Taxes

$966

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.28
  • Lot Size: 0.0x0.0x0.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Lot Features: Curb & Gutter
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Blt./Standing

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Sewer: Public
  • Utilities: Sewer: Public, Gas: Stubbed, Power: Stubbed, Sewer: Stubbed

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Barnett
  • Junior High Dist: Nebo
  • High School: Payson
  • Middle Or Junior School: Payson Jr

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 55-985-0001
  • Zoning: Multi-Family

Tax Info

  • Tax Annual Amount: 966.0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $285,000 -- --
Source: UtahRealEstate.com

Source: UtahRealEstate.com

MLS Number: 2115495

UtahRealEstate.com
Utah Utah County Payson 84651

331 N 500 E Unit 2, Payson, UT

This home is located at 331 N 500 E Unit 2, Payson, UT 84651 and is currently priced at $285,000. 331 N 500 E Unit 2 is a home located in Utah County with nearby schools including Barnett Elementary School, Mt. Nebo Junior High School, and Salem Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

UtahRealEstate.com IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Licensor is only providing the MLS Content and not other sources of data provided in the Product.

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc.. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Colby Kerr
Listing Agent
Colby Kerr
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KW WESTFIELD
(385) 417-4438