LKV Realty
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$329,999
$1,650Reward *
1401 N WOODLAND Drive A, Payson, AZ 85541Listing ID 6986263

1401 N WOODLAND Drive A, Payson, AZ 85541

Contingent
PAYSON WOODLANDS
Time on site: 179 daysLast updated: Apr 14, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,861
Acres
Acres
0.23
Days on Site
Days on Site
179
Cooling
Cooling
Central Air
Heating
Heating
Forced Air, Electric
Year Built
Year Built
1965
Garages
Garages
1

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.

Property Information

Property Details

Location

Address
1401 N WOODLAND Drive
County
Gila
City
Payson
Zip Code
85541
Subdivision
PAYSON WOODLANDS
School District
Payson Unified District
High School
Payson High School
Elementary School
Payson Elementary School

Interior Features

Beds and Baths

Bedrooms
3

Building

Building Information

Square Feet
1,861
Year Built
1965
Construction
Stucco, Block
Roof
Other
Builder Name
Unknown

Financial

Special Conditions
N/A

Property Taxes

Tax Annual Amount
$2,053
Tax Year
2025
Congress Realty, Inc., (888) 881-4118

Market Report for 85541

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Arizona Regional MLS
Arizona Regional MLS logo

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

For corrections to this data please contact Brytecore MLS Support.

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