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332 S 500 W, Payson, UT 84651
$780,000
332 S 500 W, Payson, UT 84651
Type
SFR
List Price
$780,000
Price/Sqft
$190
Est Gross Yield
3.5%
$27,660/yr est.
Property Details
Description
Beautifully finished and thoughtfully designed, this spacious custom home in Payson offers a large living space with 6 bedrooms plus a bonus room/office, 4.5 bathrooms, and a fully finished basement. Built in 2018 on a .27-acre lot, the home features 9-ft ceilings throughout with soaring 11-ft ceilings in the main living area, a cozy gas fireplace with built-ins, and a luxurious master suite with walk-in shower and oversized closet. The fully finished basement includes an impressive entertainment area with surround sound, kitchenette, finished cold storage room, and a soundproofed ceiling system for added privacy. A private 900 sq ft basement apartment with separate entrance, full kitchen, and spacious his-and-hers closets currently generates $1,300/month in rental income, with excellent long-term tenant potential. Additional upgrades include dual 50-gallon water heaters, water softener, separate HVAC temperature controls for basement and main floor, EV-ready insulated 2-car garage, and multiple 6-ft soaker tubs. Outside, enjoy fully finished landscaping, privacy vinyl fencing, a powered 15x15 shop/shed, and a newly built Trex deck with custom timber-frame pergola engineered for hot tub support and ready for installation.
Listed by Clint Garner · AMERITRUE REAL ESTATE & MANAGEMENT PLLC
Location
332 S 500 W, Payson, UT 84651
Proforma
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Cap Rate
2.36%
Cash-on-Cash
-6.18%
Cash Flow
-$1,507/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/20/2026, 6:36:10 AM. 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.