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626 S 400 E, Payson, UT 84651
$519,999
626 S 400 E, Payson, UT 84651
Units
2
Price/Unit
$260,000
Price/Sqft
$260
Est Gross Yield
6.4%
$33,264/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| 2BR / 1BA | 1 | 2 | 1 | 1,000 | — |
| 2BR / 1BA | 1 | 2 | 1 | 1,000 | — |
| Total | 2 | 4 | 2 | 2,000 | — |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
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. The property features covered parking with a 2-car carport, additional uncovered parking, and two storage areas for added convenience. The clean, well-maintained condition makes this a great opportunity for an investor looking to add a solid income-producing property to their portfolio. One of the standout features is the substantial land behind the existing duplex. Property has potential to accommodate the construction of an additional duplex, creating an exciting opportunity to expand the property's income potential (buyer to verify all development requirements, zoning, and feasibility). Located near the Payson Pool, schools, entrance to Payson Canyon, and other community amenities, this property offers both convenience and long-term potential. For an owner-occupant, live in one unit while renting the other. For an investor, capitalize on the existing rental income and explore the potential for future development. Opportunities like this don't come along often! Schedule a tour today!
Listed by Marcie Stevens · Evolve Real Estate & Management LLC
Location
626 S 400 E, Payson, UT 84651
Proforma
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Cap Rate
4.25%
Cash-on-Cash
-1.13%
Cash Flow
-$183/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/10/2026, 10:45:15 PM. 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. Listing data provided by UtahRealEstate.com.