1306 N Woodland Drive, Payson, AZ 85541
Local realty services provided by:ERA Young Realty & Investment
Listed by:
- Marty Carpenter(928) 978 - 8653ERA Young Realty & Investment
Office: era young realty-payson
MLS#:94095
Source:AZ_CABOR
Price summary
- Price:$289,000
- Price per sq. ft.:$329.91
About this home
Guest House now OPEN TO SHOW. Multi Family Rental. Two exceptionally well maintained existing homes, large .20 acre flat square lot, zoned R3-MH allowing THREE homes on this property, and there is definitely room for that! Rent revenue is $2200 month. Lot is fully fenced and gated, landscaped with shade trees, and meadow view. A Cap Rate estimate of 9-10%, low maintenance costs, in a great neighborhood, close to downtown and Payson schools. This property at this price will not be on the market for long. The Main House is 1 BR/1 BA approx. 640± sf with approx. 225± sf covered porches, two new mini splits, a newer(6 yrs)central heat propane furnace, and a wood burning air tight stove. It is a 284± sf restored and updated 1957 insulated mobile home that has been incorporated into a stick built home with an eat-in modern kitchen, large living room, lots of light, large bedroom with built in wardrobe and drawers, inside washer/dryer, a full bath, a meadow view, and an attached screened in porch. The Guest House/Studio is stick built. Remodeled in 2023, with wood flooring, new kitchenette/ living room area, bedroom large enough for a Queen bed, and a 3/4 bath. This Tiny Home approx. 240± sf has electric mini split heat and A/C, 19 gal HWH, lots of light with a bedroom window view of the meadow. Both homes ''live'' larger than their sqft. Must see this property to appreciate. Welcome to the neighborhood in the trees on this quiet back street in downtown Payson....
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Home facts
- Year built:1988
- Listing ID #:94095
- Added:44 day(s) ago
- Updated:June 25, 2026 at 07:32 PM
Rooms and interior
- Flooring:Carpeting, Slab, Tile, Wood
- Bedroom Description:Master Main Floor
- Living area:876 sq. ft.
Heating and cooling
- Heating:Electric, Fireplace/Woodstove, Heat Pump, Propane
Structure and exterior
- Roof:Asphalt/Composition Shingle
- Year built:1988
- Building area:876 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Chain Link, Wood Fence
- Construction Materials:Log, Wood
- Exterior Features:Covered Patio, Covered Porch/Deck, Guest Quarters, Landscaped, Screened Porch/Deck
Finances and disclosures
- Price:$289,000
- Price per sq. ft.:$329.91
- Tax amount:$841 (2025)
Features and amenities
- Amenities:Smoke Detector
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