404 S Ponderosa Street, Payson, AZ 85541

$495,000

Property Type: Multiple Dwellings Status: Active

Current Price: $495,000 Last Modified: 7/25/2026

Overview

Description

This beautiful yet affordable home right in the center of town. Quiet yet close to everything. Consists of a main home and a small apartment with a separate entrance. The main home has 2 master bedroom and 2.5 bathrooms. Custom paint and cabinets. Upgraded GE slate appliances. Free-Standing center island remains with house. Trex decking. Energy efficient. making good money) Paved parking and RV hookup and Storage. Create your own split floor plan home with room for everyone or own your investment property here in the cool Payson area. Here are a few ''extras'' we want to make sure you know about: New upper roof (all except the little piece over the front porch) - fall, 2025 Fully fenced, very large side yard

Supplements: Cold storage under house Parking for up to 6 cars (cement parking for 4 of them) Walkout basement in the back is a small apartment with 1 bedroom, and a second room that consists of a kitchenette/ living room combination. It currently has a tenant making good money. I could become an adult child's or grandparents's living quarters, a guest apartmen ... (Read more)

Listing Details MLS# 7057523

Location, Tax & Legal

House Number: 404
Compass: S
Street Name: Ponderosa
St Suffix: Street
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
Country: US
County Code: Gila
Assessor Number: 304-03-083-c
Tax Year: 2025
Assessor's Map #: 3
Assessor's Parcel #: 83
Assessor Parcel Ltr: c
Add'l Parcels: No
Tax Municipality: Gila - COUNTY
Taxes: 1799
Legal: SECTION: 03 TOWNSHIP: 10N RANGE: 10E LOT 97C OF ROS 4664 SW4 SW4 SEC 3 T10N R10E = 0.22 AC (OUT OF 304-03-083)
Marketing Name: Great Investment

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 74x132x100x76x49
Year Built: 2019
Uncvrd Parking Spcs: 6
Total # of Units: 2
# of Buildings: Yes
Zoning: res
Elementary School District: Payson Unified District
High School District: Payson Unified District
Elementary School: Julia Randall Elementary School
Jr. High School: Rim Country Middle School
High School: Payson High School

Remarks Misc

Cross Street: Beeline and Bonita signal light
Directions: baseline and Bonita East on Bonita to Ponderosa then South property is on the West side

Legal Info

Lot Number: 97C

Income Expenses

Gross Annual Sch Inc: 27564
Net Operating Income: 27564

More Information

Showing Notification Methods

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

1 Bedroom Units

# 1 Bedroom Units: Yes
Avg Rent: 800
Avg SqFt: 400
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1497
Avg SqFt: 1200
# Baths: 3

Project Type

Duplex: Yes

Construction

Wood Frame: Yes

Const - Finish

Wood Siding: Yes
Painted: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes
Personal Property: Yes
Other (See Remarks): Yes

Income & Expenses

Annual Elec Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1799
Other Income: 0
Vacancy Allowance: 0.01
Adjusted Gross Inc: 27288.36

Pmt & Rate Info

Cap Rate: 5.57
Equity: 495000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Forced Air: Yes
Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Individual: Yes

Exterior Amenities

Fenced: Yes
Partially Fenced: Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes
Security Light(s): Yes

Interior Features

Partially Furnished: Yes
Fire/Smoke Alarm(s): Yes
Mini Blinds: Yes
Breakfast Bar: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes
Landscaping: Yes

Appliances Included

Built-In Electric Oven: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes
W/D Hookup: 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

Free: Yes
Paved: Yes
Add'l Parking Avail: Yes
Off Street: Yes

Electric

APS: Yes
Master Meter: Yes

Gas

Propane Piped: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
Conventional: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Wood Siding; Painted Roofing: Composition Floors: Laminate; Carpet Sale Includes: Land & Building; Personal Property; Other (See Remarks) Community Features: No Pool Exterior Amenities: Fenced; Partially Fenced; Cable TV Available; Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Partially Furnished; Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Heating: Forced Air Cooling: Ceiling Fan(s); Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Master Meter Gas: Propane Piped Parking Features: Add'l Parking Avail; Free; Paved; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None New Financing: Cash; Conventional Environmental: None

Listing Office: Real Broker

Last Updated: July - 25 - 2026