Sold
Last Sold Price
5 beds4 baths2,880 sqft

603 S Colcord Rd, Payson, AZ 85541

CondoProperty Type
1985Year Built
$149/sq ftPrice per sq ft

Description

Investment opportunity awaits! This fourplex sits on .17 acre lot, with three units currently rented. The fourth unit is unfinished, offering a buyer chance to complete to their specifications. A second adjacent .17 parcel is included in the sale and must be purchased together. This parcel currently has a 1960 mobile home (considered to have no value and will need to be removed), but it offers significant potential for additional development-ideal for adding more apartment units or expanding your...Investment opportunity awaits! This fourplex sits on .17 acre lot, with three units currently rented. The fourth unit is unfinished, offering a buyer chance to complete to their specifications. A second adjacent .17 parcel is included in the sale and must be purchased together. This parcel currently has a 1960 mobile home (considered to have no value and will need to be removed), but it offers significant potential for additional development-ideal for adding more apartment units or expanding your investment portfolio.
  • Listed by: Andrea Marie Christianson 928.970.0398 andrea@bishoprealty.com Brokerage DRE #CO113765001 • Coldwell Banker Bishop Realty
Listing closed: 07/09/2025 12:00 AM • Source: ARMLS, MLS#: 6871957
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Recent comparable sales

Median sold price

$495,000

Avg days on market

106

Sale-to-list ratio

90.7%

Payson, AZ

9 comparable properties found

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Bedrooms
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Bathrooms
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Square Feet
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Acres
$505,000 | 308 West Rim View Road, Payson, AZ 85541
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Sold 05/13/26

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Square Feet
0.25
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Sold 06/16/26

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$633,000 | 805 Zane Grey Circle, Payson, AZ 85541
1/36
7

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5
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3
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2,900
Square Feet
0.18
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a view of a house with a yard and a garden
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Sold 11/28/25

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Square Feet
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$490,000 | 602 East Amarillo Circle, Payson, AZ 85541
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$490,000

Sold 04/11/25

4
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3
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2,452
Square Feet
0.24
Acres

Location

Listing Courtesy of Coldwell Banker Bishop Realty

Sold By Non-MLS Office

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$2,462 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,296

Property Taxes

$166

HOA Dues

$0

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Property Information for 603 South Colcord Road

Property Details

  • Taxes: $1,996 / year
  • MLS Type: Residential / Apartment
  • County: Gila County
  • Architectural Style: Other
  • Subdivision Name: MOGOLLON RIM ADDITION AMENDED
  • View YN: Yes

Building Information

  • Building/Complex: 603 S Colcord Rd
  • Stories: 2
  • Year Built: 1985

Summary

Location and General Information
  • Unparsed Address: 603 S COLCORD Road, Payson, AZ 85541
  • City: Payson
  • Coordinates: -111.325382, 34.233727
  • Country: US
  • County Or Parish: Gila
  • Directions: From Hwy 87 turn west to Main St. North onto Colcord Road, in .2 mi property will be on your right.
  • Latitude: 34.233727
  • Longitude: -111.325382
  • Postal City: Payson
  • Postal Code: 85541
  • Postal Code Plus4: 5300
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,985
Taxes and HOA
  • Association Fee Includes: No Fees
  • Association YN: No
  • Tax Annual Amount: $1,996.00
  • Tax Book Number: 304.00
  • Tax Legal Description: LOT 41 MOGOLLON RIM ADDITION AMENDED
  • Tax Lot: 41 & 40
  • Tax Map Number: 3.00
  • Tax Year: 2,024
Parking
  • Carport Spaces: 0
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 0
  • Parking Features: Circular Driveway
School Information
  • Elementary School: Payson Elementary School
  • Elementary School District: Payson Unified District
  • High School: Payson High School
  • High School District: Payson Unified District
  • Middle Or Junior School: Rim Country Middle School

Property

Lot Information
  • Building Area Total: 2,880
  • Building Area Units: Square Feet
  • Living Area: 2880.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Lot Size Acres: 0.17
  • Lot Size Area: 7497.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7497.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Builder Name: Unknown
  • Building Area Source: Assessor
  • Disclosures: Seller Discl Avail
  • Documents Change Timestamp: 05-27-2025 08:09:16 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 30403038
  • Possible Use: None
  • Property Attached YN: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential
  • Public Survey Range: 10E
  • Public Survey Section: 03
  • Public Survey Township: 10N
  • Road Responsibility: City Maintained Road
Utilities
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Water

Interior and Exterior Features

Exterior Features
  • Construction Materials: Vertical Siding, Wood Frame
  • Fencing: Block, Chain Link
  • Horse YN: No
  • Pool Features: None
  • Roof: Composition
  • Stories Total: 2
Interior Features
  • Bathrooms Total Decimal: 4.0
  • Kitchensp Featuresco Builthypheninsp Microwave: Yes
  • Kitchensp Featuresco Range Ovensp Elec: Yes
  • Bathrooms Total Integer: 4
  • Bedrooms Possible: 5
  • Bedrooms Total: 5
  • Cooling: Central Air, Ceiling Fan(s), Mini Split, Window/Wall Unit
  • Cooling YN: Yes
  • Fireplace Features: None
  • Fireplace YN: No
  • Flooring: Carpet, Laminate, Linoleum
  • Heating: Mini Split, Electric
  • Heating YN: Yes
  • Interior Features: Eat-in Kitchen, Breakfast Bar, 3/4 Bath Master Bdrm
  • Spa Features: None
  • Window Features: Skylight(s)
  • Number of Interior Levels: 1.0

Room Information

Room Information
  • Rooms Total: 0

Rental

Rent Information
  • Land Lease YN: No

Property History for 603 South Colcord Road

DateEvent & SourcePriceAppreciation
Jul 9, 2025

Sold

ARMLS #6871957

$430,000—
Jul 7, 2025

Sold (Public Record)

Public Record #1904821804

$430,000

+7.0% / yr

Jun 7, 2025

Pending

ARMLS #6871957

—
DateEvent & SourcePrice
07/09/2025

Sold

ARMLS #6871957

$430,000
07/07/2025

Sold (Public Record)

Public Record #1904821804

$430,000

+7.0% / yr

06/07/2025

Pending

ARMLS #6871957

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 603 South Colcord Road

Taxable Value

Land

$5,570

Additions

$31,615
Total$37,185

Tax Record

2025

$2,018 ($168 / month)

Home Facts

Total Finished SqFt

2,880 SqFt

Above Grade Finished SqFt

2,880 SqFt

Stories

1

Lot Size

7,405 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1985

Year Renovated

1985

County

GILA

APN

304-03-038

Schools near 603 South Colcord Road

This home is within Payson Unified District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Payson Elementary School
PublicK to 2

Julia Randall Elementary School
Public2 to 5

Rim Country Middle School
Public6 to 8

Payson High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 603 South Colcord Road, Payson, AZ 85541
$430,000
5
4
2,880
–
–
–
–
320
–
$65,000
–
–
320
7,405
$112,000
2
1
892
14,810
–
–
–
1,764
14,810
$85,000
–
–
–
23,522

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Bishop Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.