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    384 W 650 N, Unit A-D Payson, UT 84651

    For Sale
    $975,000

    MULTI_FAMILY - Payson, UT

    Property size:
    4,432 SF
    Lot size:
    0.02 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 384 W 650 N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Blinds
    Zoning
    Single-Family
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 5, Bathroom 7, Bathroom 8, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bathroom 6, Bedroom 8, Bedroom 5
    Bedrooms
    8
    Bathrooms
    8
    APN
    49-929-0005
    Parking
    12
    Parking features
    Covered
    Patio and Porch features
    Patio
    Interior features
    Bath: Primary, Closet: Walk-In, Disposal, Range/Oven: Built-In, Dishwasher: Built-In
    Exterior features
    Double Pane Windows, Patio: Covered, Patio: Open
    Size
    4,432 SF
    Lot size
    0.02 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Forced Air, Natural Gas

    Building Details

    Year built
    2021
    Number of units
    4
    Flooring type
    Carpet
    Building materials
    Brick, Stucco
    Roof type
    Asphalt

    eXp Realty LLC (385) 419-1397 [email protected]

    Listing agent David R. Spjut (801) 499-6087

    Listing date Nov 22, 2025

    MLS# 2112981 Listing URL

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Payson Fourplex: Investment Opportunity

    This is an investment opportunity featuring a four-unit apartment building located in Payson. Constructed approximately four years ago, the property is fully occupied. The building offers a total area of 4,432 square feet and is situated on a lot of approximately 0.02 acres. Located in a growing area near various amenities, the property is zoned for single-family use. A new Payson campus of Utah Valley University is planned less than a mile away. The location provides an easy commute to both Brigham Young University and Utah Valley University. Payson City and the surrounding area are experiencing rapid growth, offering entertainment, employment, and dining opportunities. This property presents a turnkey opportunity to expand an existing portfolio or to enter into real estate investing by owner-occupying one unit and renting out the remaining three.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Utah
    State
    Utah
    Longitude
    -111.737393
    Latitude
    40.052591

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building in growing Payson area, fully occupied.
    Where is this quadplex located?
    The property is located at 384 W 650 N, Unit A-D Payson, UT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Fully occupied 4-unit apartment building, providing immediate rental income.; - Built in 2021, suggesting low maintenance costs in the near future.; - Located in a rapidly growing area with increasing entertainment, employment, and dining options.
    (801) 499-6087
    Request Owner's contact information
    384 W 650 N, Unit A-D Payson, UT 84651
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    384 W 650 N, Unit A-D Payson, UT 84651
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