Great investment property in the cool pines of Payson, Arizona. Recently upgraded 4-Plex with 4, 1 bedroom, 1 bath luxury apartments, all rented with plenty of land to add more units. Property borders both Frontier St. and Historic Main St. Zoned C-3 for additional commercial business options. Storage building may be changed to a laundry facility with the proper upgrades approved by the town of Payson. New roof is installed.
Multi-familyProperty Type
1971Year Built
8 spacesParking
Listed by Sharon Doerksen• Premier Realty Solutions
Bought with Sharon Doerksen• Premier Realty Solutions
Great investment property in the cool pines of Payson, Arizona. Recently upgraded 4-plex with 4, 1 bedroom, 1 bath luxury apartments, all rented with plenty of land to add more units. Property borders both Frontier St. and Historic Main St. Zoned C-3 for additional commercial business options. Storage building may be changed to a laundry facility with the proper upgrades approved by the Town of Payson. New roof installed.
ARMLS #5810747
Jul 29, 2019
Sold
$210,000
Aug 23, 2018
Listed
$219,900
+13
Great remodeled four plex just off Highway 87. All four units have been updated with new flooring, paint and fixtures. Great investment opportunity. Each unit is separately metered for electric and gas.
Year
Property tax
Land + Additions
Assessment*
2025
$2,230 (+1.1%)
$8,024 + $22,532
$30,556
2024
$2,206 (+6.0%)
$6,314 + $23,292
$29,606
2023
$2,081 (+3.2%)
$4,307 + $19,194
$23,501
2022
$2,016 (+19.5%)
$4,307 + $11,438
$15,745
2021
$1,687 (+4.5%)
$4,307 + $11,438
$15,745
2020
$1,614 (−11.0%)
$4,307 + $11,438
$15,745
2019
$1,814 (+6.3%)
$4,307 + $11,438
$15,745
2018
$1,707 (+7.3%)
$4,307 + $11,438
$15,745
2017
$1,591 (−2.0%)
$4,307 + $10,433
$14,740
2016
$1,624 (−1.8%)
$3,936 + $10,177
$14,113
2014
$1,653
$4,373 + $8,212
$12,585
Tax history for 513 W Frontier St
Year
Property tax
Land + Additions
Assessment*
2025
$2,230 (+1.1%)
$8,024 + $22,532
$30,556
2024
$2,206 (+6.0%)
$6,314 + $23,292
$29,606
2023
$2,081 (+3.2%)
$4,307 + $19,194
$23,501
2022
$2,016 (+19.5%)
$4,307 + $11,438
$15,745
2021
$1,687 (+4.5%)
$4,307 + $11,438
$15,745
2020
$1,614 (−11.0%)
$4,307 + $11,438
$15,745
2019
$1,814 (+6.3%)
$4,307 + $11,438
$15,745
2018
$1,707 (+7.3%)
$4,307 + $11,438
$15,745
2017
$1,591 (−2.0%)
$4,307 + $10,433
$14,740
2016
$1,624 (−1.8%)
$3,936 + $10,177
$14,113
2014
$1,653
$4,373 + $8,212
$12,585
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.55 Acres
Year renovated
—
Sq. Ft.
1,936
Year built
1971
Style
Multi-Family (2-4 Unit)
County
Gila County
APN
30406240
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Property details
Parking
Parking Information
Parking Total: 8
Open Parking Spaces: 8
Parking Features: >1 Space Per Unit
Interior
Virtual Tour Information
Heating & Cooling
Has Heating
Cooling: Window/Wall Unit, Electric, 2 or More Units
Has Cooling
Heating: Individual, 2 or More Units, Electric
Interior Features
Appliances: Built-In Range, Refrigerator
Flooring: Ceramic Tile, Vinyl, Concrete
Unit Information
Unit Type Actual Rent: $900
Unit Type Baths Total: $1
Unit Type Beds Total: 1
Exterior
Exterior Features
Construction Materials: Painted, Stucco, Block
Roof: Composition
Property Information
Ownership: Fee Simple
Lot Information
Lot Size Dimensions: 124'x325'x18.5'x162.5'x105.5'x162.6'
Building Information
Number Of Buildings: 2
Financial
Tax Information
Tax Annual Amount: $1,614
Tax Year: 2020
Location
Location Information
Directions: From the Hwy 260 and Hwy 87 intersection take S Beeline Hwy, also Hwy 87 South to Frontier St by the Post Office, turn Right or West, approximately .5 miles. Property on Left. Sign on property.
Community Information
Community Features: No Pool
Utility Information
Electric: APS
Sewer: Public Sewer
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,936
Stories: 1.0
Lot Size: 0.55 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1971
Year Renovated: —
County: Gila County
APN: 30406240
Home facts updated by county records on Jul 30, 2026
Other
Listing Information
Water Source: City Franchise
Around this home
Schools
Julia Randall Elementary School
Public PreK-5 • Assigned • 0.5mi
5/10
Rim Country Middle School
Public 6-8 • Assigned • 0.5mi
5/10
Payson High School
Public 9-12 • Assigned • 0.4mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
10/10 Fire Factor
70% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Payson, AZ • 85541
Average low and high temperatures (°F)
55
30
64
36
70
41
71
42
80
50
92
60
92
65
92
65
82
58
78
50
63
38
62
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.9 hours in
June and 7.4 hours in December, placing it above the
U.S. average for solar exposure.
12.9 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$556,000 – $672,000
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