Investment Properties for Sale in Payson, Utah

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Payson, Utah offers compelling opportunities for real estate investors seeking strong returns in a growing Utah County community. Located about an hour south of Salt Lake City along the I-15 corridor, Payson combines small-town charm with increasing demand driven by its proximity to major employment centers and outdoor recreation. The city's affordable property prices compared to northern Utah County markets make it particularly attractive for investors looking to build rental portfolios or find fix-and-flip opportunities.

Investment properties in Payson benefit from steady rental demand thanks to the community's diverse economy, including manufacturing, agriculture, and service industries. The area attracts both long-term renters and families drawn to Payson's excellent schools, safe neighborhoods, and access to Payson Lakes and the Nebo Loop Scenic Byway. Multi-family properties, single-family homes near downtown, and properties with accessory dwelling units all present viable investment strategies in this market.

Whether you're an experienced investor expanding your portfolio or just beginning to explore rental property ownership, our current listings showcase the range of opportunities available in Payson. Browse the investment properties below to find options that match your financial goals, or contact one of our experienced agents who can provide insights into Payson's rental market trends, cap rates, and neighborhood-specific opportunities.

View Investment Properties in Payson, Utah


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20 Homes For Sale in PAYSON Utah

387 N 300 E, Payson UT 84651

387 N 300 E
Payson UT 84651

Modern 5-Bedroom Townhome - Perfect for a Primary Residence or Investment Opportunity! Step into modern comfort with this beautifully designed townhome offering...

  • 2595 Sq Ft

  • 5

  • 3

  • 2

$489,999

8.0k

1763 S 1100 W #14, Payson UT 84651

1763 S 1100 W #14
Payson UT 84651

Ask About our Lender Incentive! Beautiful new construction Home by Arrow Ridge Homes in a prime Payson location just steps from the Payson Temple! This home off...

  • 4223 Sq Ft

  • 6

  • 5

  • 3

$939,000

5.0k

1636 N 1300 E, Payson UT 84651

1636 N 1300 E
Payson UT 84651

Welcome to this charming and well-kept townhome in beautiful Payson, Utah! This townhome offers comfort, convenience, and modern style-perfect for first-time ho...

  • 1460 Sq Ft

  • 2

  • 3

  • 2

$319,900

1546 W 800 S, Payson UT 84651

1546 W 800 S
Payson UT 84651

Prime 1.11-acre commercial lot in Payson, ideally located off Southern Utah County's largest freeway exit! Zoned S-1 (Special Highway Service Zone), this versat...

  • 1.11 Acres

$894,504

327 N 500 E, Payson UT 84651

327 N 500 E
Payson UT 84651

TWIN HOUSE INVESTMENT OPPORTUNITY (BUILDERS SPECIAL) this land is one side of a twin lot, the other side is 2B (see listing). Enjoy your .28 acres of improved l...

  • 0.14 Acres

$135,000

549 S MAIN ST, Payson UT 84651

549 S MAIN ST
Payson UT 84651

Great starter home with MOTHER-IN-LAW APARTMENT/POTENTIAL DUPLEX with a separate entrance! This home has it all! It features: newer furnace/water heater, large ...

  • 1456 Sq Ft

  • 3

  • 3

$409,900

643 E 400 N, Payson UT 84651

643 E 400 N
Payson UT 84651

Whether you are looking for an investment property or for your own personal residence this property is for everyone! Spacious 4-bedroom home with a large yard, ...

  • 1992 Sq Ft

  • 4

  • 1

$399,000

815 S CANYON RD, Payson UT 84651

815 S CANYON RD
Payson UT 84651

Welcome home to this inviting 3-bedroom, 1.5-bath townhome in the heart of Payson! This well-maintained property features all-new flooring throughout and a func...

  • 1300 Sq Ft

  • 3

  • 2

$309,900

10.1k

588 W UTAH AVE, Payson UT 84651

588 W UTAH AVE
Payson UT 84651

Fantastic opportunity with built-in income potential! This charming 3-bedroom, 2-bath home offers 1,700 sq ft of flexible living space on a generous .32-acre lo...

  • 1700 Sq Ft

  • 3

  • 2

  • 2

$470,990

1607 N 1300 E, Payson UT 84651

1607 N 1300 E
Payson UT 84651

This well-maintained 4-bedroom end-row townhome offers extra privacy and abundant natural light in a prime Payson location. The open-concept main level features...

  • 2476 Sq Ft

  • 4

  • 3

  • 2

$440,000

384 W 650 N #A-D, Payson UT 84651

384 W 650 N #A-D
Payson UT 84651

Great investment opportunity for 4 apartments in Pineridge Apartments. Fully occupied and only 4 years old. Maintenance costs are likely to remain low in coming...

  • 4432 Sq Ft

  • 8

  • 8

$970,000

5.0k

219 S MAJESTIC, Payson UT 84651

219 S MAJESTIC
Payson UT 84651

INVESTORS! Looking for a great value in Payson? This townhouse is priced to sell quickly! Featuring 3 bedrooms, 2 bathrooms, 2-car garage, NEW Windows & new gra...

  • 1082 Sq Ft

  • 3

  • 2

  • 2

$280,000

9.0k

1045 S 1700 W #221, Payson UT 84651

1045 S 1700 W #221
Payson UT 84651

Welcome Home! Well-maintained second-level condo featuring 3 bedrooms and 2 full bathrooms in a highly desirable location. Enjoy convenient freeway access and ...

  • 1245 Sq Ft

  • 3

  • 2

$258,000

1605 S 1100 W, Payson UT 84651

1605 S 1100 W
Payson UT 84651

NOW OFFERING SELLER FINANCING. REACH OUT FOR DETAILS...Experience comfort and quality in this stunning new home built by Boxer Homes, a premier Utah builder wi...

  • 3909 Sq Ft

  • 4

  • 4

  • 3

$797,000

3.0k

420 E 600 S, Payson UT 84651

420 E 600 S
Payson UT 84651

Income-generating duplex! Each 3BR/1BA unit is leased at ~$1,400. Updated flooring, newer furnace & water heater. Side lot may be buildable. Please do not distu...

  • 2352 Sq Ft

  • 6

  • 2

$625,000

331 N 500 E, Payson UT 84651

331 N 500 E
Payson UT 84651

TWIN HOUSE INVESTMENT OPPORTUNITY (BUILDERS SPECIAL) this land is one side of a twin lot, the other side is 2B (see listing). Enjoy your .28 acres of improved l...

  • 0.14 Acres

$135,000

420 E 600 S, Payson UT 84651

420 E 600 S
Payson UT 84651

Income-generating duplex! Each 3BR/1BA unit is leased at ~$1,400. Updated flooring, newer furnace & water heater. Side lot may be buildable. Great Payson invest...

  • 2352 Sq Ft

  • 6

  • 2

$625,000

361 W 625 N #A-D, Payson UT 84651

361 W 625 N #A-D
Payson UT 84651

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 r...

  • 4432 Sq Ft

  • 8

  • 8

$894,000

1836 S 100 E, Payson UT 84651

1836 S 100 E
Payson UT 84651

Welcome to The Tracie, a brand new 4,293 sq ft showstopper sitting at the end of a cul-de-sac with million-dollar, unobstructed views of the valley and the Pays...

  • 4293 Sq Ft

  • 4

  • 3

  • 3

$794,900

25.0k

383 W 625 N #A-D, Payson UT 84651

383 W 625 N #A-D
Payson UT 84651

Great Investment Property-CASH FLOW!! $65,400 gross rents! units are just a few years old so everything is in great condition. MAXXPM manages a lot of the renta...

  • 4432 Sq Ft

  • 8

  • 8

$879,000

46.0k

Investment Properties in Payson

Looking for investment properties in Payson, Utah? We currently have 20 listings matching your criteria. New properties are added daily, so check back often or create a custom search to get notified of new listings.

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