Residential Income

Payson, UT Residential Income Properties for Sale

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Santaquin, UT Salem, UT Elk Ridge, UT Benjamin, UT Woodland Hills, UT Spanish Fork, UT Genola, UT Mapleton, UT
Land, Payson, UT
Updated: Feb 26, 2024
Land, Payson, UT

823 N 400 W, Payson, UT 84651

$2,300,000
5.25 AC lot
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1 active listing matches your search: Residential Income for sale in Payson, UT. Based on your search, we've also compiled 10 Potential Opportunities for your consideration: 4 properties in nearby cities, 2 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multifamily Property with Duplex
Multifamily Property with Duplex

40 S 130 E, Spanish Fork, UT 84660

$800,000
4,394 sqft 0.67 AC lot

The parcel combines a detached house and two-unit residential building under Multi-Family zoning.

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Duplex with Basement Apartment
Duplex with Basement Apartment

626 E 800 S, Springville, UT 84663

$1,280,000
6,085 sqft

Spacious main residence includes a separate one-bedroom, one-bathroom basement apartment with dedicated RV parking.

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Remodeled Duplex with Updated Systems
Remodeled Duplex with Updated Systems

263 E Center St, Spanish Fork, UT 84660

$465,000
2,020 sqft

Income property featuring refreshed interiors, newer mechanical equipment, and extensive plumbing and electrical improvements.

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In-City Acreage with Natural Spring
In-City Acreage with Natural Spring

1632 S MAIN St, Springville, UT 84663

$999,999
6.63 AC lot

6.63-acre in-city property includes a historic farmhouse, multiple outbuildings, and natural spring water for gardening or pasture use.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Payson Land with Utilities
Payson Land with Utilities

862 E 200 S, Payson, UT 84651

$149,900
0.30 AC lot

Residential land in Payson with utilities and city approval.

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Salem Land with Valley Views
Salem Land with Valley Views

1346 S 140 E, Salem, UT 84653

$369,900
0.60 AC lot

0.60 acre lot with sweeping valley and mountain views.

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Residential Land in Salem, Utah
Residential Land in Salem, Utah

1338 S 315 E, Salem, UT 84653

$319,900
0.48 AC lot

Residential lots with mountain views in a private community.

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Residential Land in Elk Ridge
Residential Land in Elk Ridge

348 E RIDGEVIEW Dr, Elk Ridge, UT 84651

$329,000
0.36 AC lot

Residential land available in Elk Ridge, Utah.

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Off-Market Properties in Payson, UT

Consider similar Off-Market properties in Payson, UT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Payson, UT 84651
BOARDING/ROOMING HOUSE

Payson, UT 84651

Estimated value:
$715,000
5,041 sqft 40.00 AC lot
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Payson, UT Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Payson, UT on our real estate platform.

Sale prices for residential investment properties in Payson, UT average $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 30K
Population Growth (5Y) +14.2%
Median Household Income $94,152
College Educated 36.6%

High-Yield Neighborhoods for Investment

Identify Payson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84651 $2.3M

Taxes & Financing

Tax Rate (average for all types) 0.96%
Property Tax per SF $8.87 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Utah County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Payson fall within the 25,000 to 50,000 square foot range.

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