1401 N Woodland Drive #A, Payson, AZ 85541
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1401 N Woodland Drive #A,Payson, AZ 85541
$374,000
- 3 Beds
- 2 Baths
- 1,861 sq. ft.
- Single family
- Active
Listed by: jared a english888-881-4118
Office: congress realty, inc.
MLS#:6986263
Source:ARMLS
Price summary
- Price:$374,000
- Price per sq. ft.:$200.97
About this home
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.
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Home facts
- Year built:1965
- Listing ID #:6986263
- Updated:February 25, 2026 at 01:19 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,861 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1965
- Building area:1,861 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:Payson High School
- Middle school:Rim Country Middle School
- Elementary school:Payson Elementary School
Utilities
- Water:City Water
Finances and disclosures
- Price:$374,000
- Price per sq. ft.:$200.97
- Tax amount:$2,053 (2025)
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