1401 N WOODLAND Drive A, Payson, AZ 85541
Overview
Description
Supplements: ... (Read more) Wide front windows bring in natural light and create a peaceful "in-the-trees" mountain feel. The ADU (approx. 631 sq ft) includes 1 bedroom, 1 bath, an oversized living room, full kitchen, and its own fireplace -- ideal for rental income, guests, or extended relatives. Both units enjoy private fenced backyards and are connected by an interior door, offering the option to function as one larger residence if desired. Value-Add Opportunity: The property does need fresh interior paint, and one unit may require a new roof. This presents a strong opportunity to build equity through light improvements. Income Potential: Rental inventory in Payson remains limited, with few options under $1,200/month. Two-bedroom homes commonly rent for approximately $1,400/month. Conservative projected combined rents of approximately $2,600/month provide excellent income potential for investors or owner-occupants seeking mortgage offset. A smaller duplex (with 300 fewer total square feet) sold just months ago for $380,000 -- positioning this property competitively within the current market. Located just 2 miles from Banner Payson Medical Center and close to shopping, schools, and town amenities, this property offers strong rental demand and long-term appreciation potential.
Listing Details MLS# 6986263
Location, Tax & Legal
- House Number
- 1401
- Compass
- N
- Street Name
- WOODLAND
- St Suffix
- Drive
- City/Town Code
- Payson
- State/Province
- AZ
- Zip Code
- 85541
- Zip4
- 5907
- County Code
- Gila
- Assessor Number
- 302-41-161
- Subdivision
- PAYSON WOODLANDS
- Tax Year
- 2025
- Unit #
- A
- Assessor's Map #
- 41
- Legal Description (Abbrev)
- LOT 62 PAYSON WOODLANDS; PLAT MAP 108; LOT 62 PAYSON WOODLANDS
- Assessor's Parcel #
- 161
- Tax Municipality
- Payson
- Taxes
- 2053
Contract Information
- Type
- Exclusive Right To Sell
- Ownership
- Fee Simple
- Co-Ownership (Fractional) Agreement YN
- No
General Property Description
- Dwelling Type
- Single Family Residence
- Dwelling Styles
- Detached
- Exterior Stories
- Yes
- # of Interior Levels
- Yes
- # Bedrooms
- 3
- Full Bathrooms
- 2
- Total Bathrooms
- 2
- Approx SQFT
- 1861
- Price/SqFt
- 181.09
- Horses
- N
- Builder Name
- Unknown
- Year Built
- 1965
- Lead Based Hazard Disclosure
- Yes
- Approx Lot SqFt
- 10019
- Approx Lot Acres
- 0.23
- Community Pool Y/N
- No
- Private Pool Y/N
- No
- Fireplace YN
- Yes
- Fireplaces Total
- Yes
- Elementary School District
- Payson Unified District
- High School District
- Payson Unified District
- Elementary School
- Payson Elementary School
- Jr. High School
- Rim Country Middle School
- High School
- Payson High School
- Half Bathrooms
- 0
Remarks Misc
- Directions
- from AZ-87, turn onto N Woodland Dr. Property is on the [left/right] side.
Legal Info
- Township
- 11N
- Range
- 10E
- Section
- 34
- Lot Number
- 62
Basement
- Basement Y/N
- N
More Information
Parking Spaces
- Garage Spaces
- Yes
- Carport Spaces
- Yes
- Slab Parking Spaces
- Yes
- Total Covered Spaces
- 2
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Yes
- Phone Call
- Yes
Special Listing Cond
- N/A
- Yes
Construction
- Block
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Other
- Yes
Association & Fees
- HOA Y/N
- N
- PAD Fee Y/N
- N
- Land Lease Fee Y/N
- N
- Ttl Mthly Fee Equiv
- 0
Lockbox Type
- Combo
- Yes
Master Bathroom
- Full Bth Master Bdrm
- Yes
Fireplace Features
- See Remarks
- Yes
Dining Area
- Eat-in Kitchen
- Yes
Heating
- Forced Air
- Yes
- Electric
- Yes
Kitchen Features
- Electric Oven
- Yes
- Electric Range
- Yes
- Refrigerator
- Yes
Cooling
- Central Air
- Yes
Laundry
- Washer Included
- Yes
Separate Den/Office
- Sep Den/Office Y/N
- N
Fencing
- Chain Link
- Yes
Water Source
- City Water
- Yes
Spa
- None
- Yes
Sewer
- Sewer - Public
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Utilities
- City Electric
- Yes
- Phone Available
- Yes
Existing 1st Loan
- FHA
- Yes
Existing 1st Loan Terms
- Non Assumable
- Yes
Landscaping
- Grass Back
- Yes
Disclosures
- None
- Yes
Possession
- By Agreement
- Yes
Association Fee Incl
- No Fees
- Yes
Assoc Rules/Info
- None
- Yes
Property Features
