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361 W 625 N photo 11 / 15

$875,000

Reduced from $894,000 · today

361 W 625 N, Payson, UT 84651

Units

4

Price/Unit

$218,750

Price/Sqft

$197

Est Gross Yield

7.6%

$66,528/yr est.

Property Details

Property typeFourplex
Year built2021
Total units4
Living area4,432 sqft
Bedrooms8
Bathrooms8
Lot size0.02 acres
Parking8 spaces
Days on market354
Listed2025-06-30T00:00:00+00:00

Unit Mix

TypeCountBedsBathsSqftRent/Mo
2BR / 2BA4221,108$66,180/mo
Total4884,432$264,720/mo

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

Discover a fantastic opportunity to add a high-performing multi-family asset to your investment portfolio. This well-maintained 4-plex in Payson offers strong rental income potential and a desirable location just minutes from I-15, shopping, entertainment and outdoor recreation. Each unit is a spacious 2-bedroom, 2-bath configuration, providing a perfect blend of comfort and value for tenants. The property boasts a community playground, covered parking, clubhouse, workout facility, LVT and carpet flooring, stainless steel appliances, smart home features and so much more, making it an attractive option for long-term renters. Property is professionally managed by MAXX PM, with a strong history of reliable tenants and timely rent payments. Don't miss out on this outstanding investment opportunity. Whether you're looking to add to your portfolio or enter the world of multi-family real estate, this 4-plex is a must-see! Property photos are of a similar unit within the community, not the actual unit(s). Square footage figures are provided as a courtesy estimate only and were obtained from County Records . Buyer is advised to obtain an independent measurement.

Listed by Lisa Howells · Redfox Real Estate Group

Location

361 W 625 N, Payson, UT 84651

Proforma

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Cap Rate

5.06%

Cash-on-Cash

1.01%

Cash Flow

$277/mo

Purchase Price$875,000
Down Payment35% ($306,250)
Interest Rate6.00%
Monthly Rent$5,544/mo
Vacancy5%
Expense Ratio30% ($18,960)

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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 6/19/2026, 8:04:16 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.