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Listed price in listed location currency (USD).
$380,000

320

MLS® 6986263

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1861 sqft
Garage Yes
Taxes $2,053
Days Active 1
Lot Size 0.23 acres
Approx. Age 1965
Avg. Price Per Sqft $204
MLS® Number 6986263

Property Address: a-1401 N Woodland Dr, Payson, AZ, 85541-3249

Average square foot calculated using Size range provided by listing agent.

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. 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.
MLS® Number6986263
Laundry Level
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageYes
Approx. Age1965
Basement
Driveway
Garage Spaces1
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$380,000List Price
  • Commute

Commute

Starting Address
Destination Address
1401 N Woodland Dr, Payson, AZ

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