1401 N WOODLAND Drive #A, Payson, AZ 85541
1401 N WOODLAND Drive #A, Payson, AZ 85541
1401 N WOODLAND Drive #A, Payson, AZ 85541
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$329,999
Est. payment /mo
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3 Beds
2 Baths
1,861 SqFt
Active Under Contract

1401 N WOODLAND Drive #A Payson, AZ 85541

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Sue Tessmer

Sue Tessmer

+1(602) 810-4255

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,861 sqft

Price per Sqft $177

Subdivision Payson Woodlands

MLS Listing ID 6986263

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1965

Annual Tax Amount $2,053

Tax Year 2025

Lot Size 10,019 Sqft

Acres 0.23

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

SELLER FINANCING AVAILABLE - 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. 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.

Location

State AZ

County Gila

Community Payson Woodlands

Area Gila

Direction from AZ-87, turn onto N Woodland Dr. Property is on the [left/right] side.

Rooms

Master Bathroom true

Den/Bedroom Plus 3

Separate Den/Office N

Interior

Interior Features Eat-in Kitchen, Full Bth Master Bdrm

Heating Forced Air, Electric

Cooling Central Air

Flooring Flooring

Fireplaces Type See Remarks

Fireplace Yes

Appliance Washer, Refrigerator, Electric Range, Electric Oven

SPA None

Exterior

Garage Spaces 1.0

Carport Spaces 1

Garage Description 1.0

Fence Chain Link

Utilities Available City Electric

Roof Type Other

Total Parking Spaces 1

Private Pool No

Building

Lot Description Grass Back

Story 1

Builder Name Unknown

Sewer Public Sewer

Water City Water

New Construction No

Schools

Elementary Schools Payson Elementary School

Middle Schools Rim Country Middle School

High Schools Payson High School

School District Payson Unified District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 302-41-161

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA

Horse Property N

Disclosures None

Possession By Agreement

Listing Terms Cash, Conventional, FHA

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Congress Realty, Inc. • Jared A English

NEARBY SCHOOL & BUSINESS

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Sue Tessmer

Sue Tessmer

Agent | License ID: SA674962000

+1(602) 810-4255

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1401 N WOODLAND Drive #A

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