$380,000
Payson, AZ 85541
MLS# 6986263
3 beds | 2 baths
1 / 49
Property Description
Two Homes for the Price of One - Single-Dwelling with Detached ADU! Live in One, Rent the Other - Home with Separate Detached ADU Home with ADU $2,600/Month Rental Potential - High-Demand Location Just 2 Miles from Banner Medical Center. Opportunity knocks at 1401 N Woodland Drive -- a legally zoned single-dwelling residence with an additional accessory dwelling unit (ADU) in one of Payson's strongest rental corridors. Whether you're an investor, multi-generational household, or owner-occupant looking to offset your mortgage, this property offers flexibility and income potential. The main home (approx. 1,230 sq ft) features 2 bedrooms, 1 bath, a spacious kitchen, open living area, stone fireplace, and space for a potential office.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
List Price: $380,000
Status: Active
Current Price: $380,000
List Date: 2026-02-18
Location, Tax & Legal
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
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
General Property Description
Dwelling Styles: Detached
# of Interior Levels: 1
Full Bathrooms: 2
Half Bathrooms: 0
Approx SQFT: 1861
Price/SqFt: 204.19
Approx Lot SqFt: 10019
Approx Lot Acres: 0.23
Horses: N
Builder Name: Unknown
Lead Based Hazard Disclosure: 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
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Dwelling Type: Single Family Residence
Exterior Stories: 1
# Bedrooms: 3
Total Bathrooms: 2
Year Built: 1965
Legal Info
Range: 10E
Section: 34
Township: 11N
Lot Number: 62
Special Listing Cond
N/A: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Other: 1
Association & Fees
HOA Y/N: N
PAD Fee Y/N: N
Land Lease Fee Y/N: N
Ttl Mthly Fee Equiv: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Combo: 1
Master Bathroom
Full Bth Master Bdrm: 1
Fireplace Features
See Remarks: 1
Dining Area
Eat-in Kitchen: 1
Heating
Forced Air: 1
Electric: 1
Kitchen Features
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Cooling
Central Air: 1
Laundry
Washer Included: 1
Basement
Basement Y/N: N
Separate Den/Office
Sep Den/Office Y/N: N
Fencing
Chain Link: 1
Water Source
City Water: 1
Spa
None: 1
Sewer
Sewer - Public: 1
Parking Spaces
Slab Parking Spaces: 1
Total Covered Spaces: 2
Garage Spaces: 1
Carport Spaces: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
Utilities
City Electric: 1
Phone Available: 1
Existing 1st Loan
FHA: 1
Existing 1st Loan Terms
Non Assumable: 1
Landscaping
Grass Back: 1
Disclosures
None: 1
Possession
By Agreement: 1
Association Fee Incl
No Fees: 1
Assoc Rules/Info
None: 1
Remarks Misc
Directions: from AZ-87, turn onto N Woodland Dr. Property is on the [left/right] side.
Geo Lat: 34.258323
Geo Lon: -111.321313
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm
Fireplace Features: See Remarks
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Electric Oven; Electric Range; Refrigerator
Laundry: Washer Included
Construction: Block
Const - Finish: Stucco
Roofing: Other
Cooling: Central Air
Heating: Forced Air; Electric
Utilities: City Electric; Phone Available
Water Source: City Water
Sewer: Sewer - Public
Fencing: Chain Link
Landscaping: Grass Back
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Combo
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: FHA
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; FHA; Conventional
Disclosures: None
Supplements
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 Office: Congress Realty, Inc.
Last Updated: February - 19 - 2026
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Broker Attribution:
888-881-4118