1401 N WOODLAND Drive A, Payson, AZ 85541 (MLS# 6986263)

1401 N WOODLAND Drive A, Payson, AZ 85541

$380,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,861 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $380,000 Last Modified: 2/18/2026

Description

Value-Add Duplex with $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 duplex (R3-MH) in one of Payson's strongest rental corridors, directly across from Banner Payson Medical Center. Two separate homes on one parcel offer flexibility, income potential, and future expansion possibilities. The front home (approx. 1,230 sq ft) features 2 bedrooms, 1 bath, a large kitchen, open living area, stone fireplace, and space for a potential office. The second unit (approx. 631 sq ft) offers 1 bedroom, 1 bath, an oversized living room, full kitchen, and its own fireplace.

Supplements: Both units have private fenced backyards and are connected by an interior door, allowing for easy conversion to a single residence if desired. Value-Add Potential: The property does need cosmetic improvements, including fresh paint, and one unit may need a new roof. This presents a strong opportunity for investors to force appreciation through light renovation. Priced to Move: A smaller duplex (with 300 fewer total square feet) sold just months ago for $380,000 -- making this property competitively positioned for investors seeking upside and long-term appreciation. With R3-MH zoning, there may also be additional development or expansion possibilities (buyer to verify), further increasing long-term value. Strong location. Strong rental demand. Cosmetic upside. Competitive pricing.

More Information MLS# 6986263

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $380,000 Status: Active Current Price: $380,000 List Date: 2026-02-18

Location, Tax & Legal

Unit #: A Assessor's Map #: 41 Legal Description (Abbrev): LOT 62 PAYSON WOODLANDS; PLAT MAP 108; LOT 62 PAYSON WOODLANDS Assessor's Parcel #: 161 Tax Municipality: Payson Taxes: 2053 House Number: 1401 Compass: N Street Name: WOODLAND St Suffix: Drive City/Town Code: Payson State/Province: AZ Zip Code: 85541 Zip4: 5907 County Code: Gila Assessor Number: 302-41-161 Subdivision: PAYSON WOODLANDS Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 2 Half Bathrooms: 0 Approx SQFT: 1861 Price/SqFt: 204.19 Approx Lot SqFt: 10019 Approx Lot Acres: 0.23 Horses: N Builder Name: Unknown Lead Based Hazard Disclosure: Yes 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 Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 2 Total Bathrooms: 2 Year Built: 1965

Legal Info

Range: 10E Section: 34 Township: 11N Lot Number: 62

Special Listing Cond

N/A: 1

Construction

Block: 1

Const - Finish

Stucco: 1

Roofing

Other: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Combo: 1

Master Bathroom

Full Bth Master Bdrm: 1

Fireplace Features

See Remarks: 1

Dining Area

Eat-in Kitchen: 1

Heating

Forced Air: 1 Electric: 1

Kitchen Features

Electric Oven: 1 Electric Range: 1 Refrigerator: 1

Cooling

Central Air: 1

Laundry

Washer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Chain Link: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 1 Total Covered Spaces: 2 Garage Spaces: 1 Carport Spaces: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1

Utilities

City Electric: 1 Phone Available: 1

Existing 1st Loan

FHA: 1

Existing 1st Loan Terms

Non Assumable: 1

Landscaping

Grass Back: 1

Disclosures

None: 1

Possession

By Agreement: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Directions: from AZ-87, turn onto N Woodland Dr. Property is on the [left/right] side. Geo Lat: 34.258323 Geo Lon: -111.321313

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm Fireplace Features: See Remarks Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Electric Oven; Electric Range; Refrigerator Laundry: Washer Included Construction: Block Const - Finish: Stucco Roofing: Other Cooling: Central Air Heating: Forced Air; Electric Utilities: City Electric; Phone Available Water Source: City Water Sewer: Sewer - Public Fencing: Chain Link Landscaping: Grass Back Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Combo Possession: By Agreement Association Fee Incl: No Fees Existing 1st Loan: FHA Existing 1st Loan Terms: Non Assumable New Financing: Cash; FHA; Conventional Disclosures: None

Listing Office: Congress Realty, Inc.

Last Updated: February - 18 - 2026

Broker Attribution: 888-881-4118