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Sold on 04/21/2021

123 E Aero Dr, Payson, AZ 85541

  • $215,000

    Last sold 04/21/2021 after 42 Days

  • 6

    bed

  • 3

    bath

Multi-family not for sale
Movoto is helping 34 homebuyers near you

About 123 E Aero Dr

Property type Multi-family
Year built 1970
HOA fee $0/month
Property description
TENANT OCCUPIED! Investors dream! Located in Payson. There are three units in total are rented for a total of $2102 per month. Each unit has two bedrooms and one bath, they pay their own water, electric, and gas. Owner has made several improvements to the units in recent years. All tenants have been long term and on month to month leases. Don't let this one get away! Please do not disturb!
Listed by
Listing Agent - Suzy Tubbs
Listing Office - ERA-Young Realty & Investment
Source: ARMLS mls logo
MLS#6206937 • last updated 1 year ago
Movoto checked ARMLS for data 6 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Central, Natural Gas
MLS # 6206937
Type Multiple Dwellings
Status Closed
Property Tax 460
Year Built 1970
Interior
Flooring Carpet, Vinyl
Appliances Free-Standing Range, Refrigerator, W/D Hookup
Exterior
Roof Composition, Rolled/Hot Mop
Construction Wood Frame, Siding
Parking Free
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Community Features Other, See Remarks
APN 304-16-034-D
Zoning R3
Directions Highway 87 To Aero Turn East To Sign On The Right
Multifamily Details
Total # of Units 3
Expense: Operating 460
Financial Data Source Owner
Net Operating Income 18115
Gross Income 2102
Gross Scheduled Income 2102
We are not permitted to show value estimates for this property.
  • Aug 2022
    mls logo MLS # 6364419
  • Aug 31, 2022 Sold
    $275,000 (-8.3%)
  • Jul 27, 2022 Pending
    —
  • Mar 5, 2022 Listed
    $299,900
  • Mar 2022
    mls logo MLS # 6364418
  • Mar 5, 2022 Listed
    $299,900 (+39.5%)
  • Apr 2021
    mls logo MLS # 6206937
  • Apr 20, 2021 Sold
    $215,000 (-14.0%)
  • Apr 19, 2021 Pending
    —
  • Mar 13, 2021 Listed
    $250,000
  • 123 E Aero Dr
    $215K
  • —
  • 85541
    $595K +13% y/y
  • Payson
    $595K +13% y/y
No chart available
Statistics calculated by Movoto

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4/10
Julia Randall Elementary School
public Grades PK, 2-5
Payson Unified District
N/A
Payson Elementary School
public Grades K-2
Payson Unified District
5/10
Rim Country Middle School
public Grades 6-8
Payson Unified District
6/10
Payson High School
public Grades 9-12
Payson Unified District
Source: GreatSchools.org © 2026. All rights reserved.

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