1306 N WOODLAND Drive, Payson, AZ 85541 (MLS# 7057435)

1306 N WOODLAND Drive, Payson, AZ 85541

$289,000

Property Type: Multiple Dwellings Status: Active

Current Price: $289,000 Last Modified: 7/23/2026

Overview

Description

Rare investment opportunity! Two homes on a level, fully fenced and gated 0.20-acre R3-MH lot with zoning that allows up to three homes. Potential rental income of $2,200/month makes this ideal for investors, owner-occupants, or multi-generational living. The main home features approx. 640± sq. ft. plus covered porches and incorporates a beautifully preserved 1957 Spence Craft mobile home with tasteful additions and modern upgrades, including mini-splits, propane heat, and a wood stove. The remodeled 240± sq. ft. guest studio (2023) offers a kitchenette, ¾ bath, and mini-split. Quiet, tree-lined setting with meadow views, just minutes from downtown, schools, shopping, and dining.

Listing Details MLS# 7057435

Location, Tax & Legal

House Number: 1306
Compass: N
Street Name: WOODLAND
St Suffix: Drive
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Zip4: 3246
Country: US
County Code: Gila
Subdivision: RANCHO DEL TONTO AMD
Assessor Number: 302-41-005-C
Tax Year: 2025
Assessor's Map #: 41
Legal Description (Abbrev): LOT 22 TRACT B RANCHO DEL TONTO AMD
Assessor's Parcel #: 5
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Payson
Census Tract: 400
Taxes: 841
Legal: LOT 22 TRACT B RANCHO DEL TONTO AMD
Marketing Name: RANCHO DEL TONTO

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 92X94X92X94
Year Built: 1988
Uncvrd Parking Spcs: 6
Total # of Units: 2
# of Buildings: 2
Zoning: R3-MH
Flood Zone: No
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

Legal Info

Township: 11N
Range: 10E
Section: 34
Lot Number: 22

Income Expenses

Gross Annual Sch Inc: 289000
Net Operating Income: 21061

More Information

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Phone Call: Yes

1 Bedroom Units

# 1 Bedroom Units: 2
Avg Rent: 1225
Avg SqFt: 438
# Baths: Yes

2 Bedroom Units

Avg Rent: 1225

Project Type

Duplex: Yes

Other Type

House + Rental Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Log Siding: Yes
Wood Siding: Yes

Roofing

Composition: Yes

Floors

Tile: Yes
Wood: Yes
Carpet: Yes

Sale Includes

Building(s) Only: Yes
Personal Property: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 841
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 274550

Pmt & Rate Info

Cap Rate: 7.29
Equity: 289000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Forced Air: Yes
Heat Pump: Yes
Propane: Yes
Wood: Yes
2 or More Units: Yes

Cooling

Central Air: Yes
Electric: Yes
2 or More Units: Yes

Exterior Amenities

Green Landscaping: Yes
Fenced: Yes
RV/Boat Parking: Yes

Tenant Pays

Electricity: Yes

Appliances Included

Built-In Electric Oven: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Boat: Yes
>1 Space Per Unit: Yes
RV Access/Parking: Yes
Off Street: Yes

Electric

APS: Yes

Gas

Propane Piped: Yes

Owner Pays

Water: Yes
Sewer: Yes
Landscaping: Yes

New Financing

Cash: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Other Type: House + Rental Units Construction: Wood Frame Const - Finish: Log Siding; Wood Siding Roofing: Composition Floors: Tile; Wood; Carpet Sale Includes: Building(s) Only; Personal Property Community Features: No Pool Exterior Amenities: Green Landscaping; Fenced; RV/Boat Parking Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Microwave; Washer/Dryer Heating: Forced Air; Propane; Wood; Heat Pump; 2 or More Units Cooling: Electric; Central Air; 2 or More Units Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: Propane Piped Parking Features: Boat; >1 Space Per Unit; RV Access/Parking; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; 1031 Exchange Environmental: None

Listing Office: BHHS Advantage Realty - Payson

Last Updated: July - 23 - 2026