205 S PONDEROSA Street Payson, AZ $ 599,900
205 S PONDEROSA Street
$ 599,900
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205 S PONDEROSA Street

Payson, AZ, 85541
$ 599,900
Baths0.0

Monthly Estimate*

$ 3,694

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Studio

Multi-Family Home for sale in Payson, AZ

for $599,900. This home was built in 1979.

Rare 3-unit opp. in Payson ideal for owner-occ. + rental income. Situated on a 17,000 SF lot in a scenic mtn setting (~5,000 ft elev.) on a quiet cul-de-sac w/ mature trees & shared tree-lined common area. Property features 3 detached manufactured homes. Unit A: 1bd / 1ba w/ newer HVAC, LVP kitchen/bath, carpet in living/bedroom, SS appliances, W/D, private shed, covered carport. Unit B: 3bd / 2ba incl. remodeled primary bath. Open floor plan, laminate flooring, dual-pane windows, central HVAC + mini-splits, W/D, newer roof, lg backyard, storage shed, shared garage. Unit C: 3bd / 2ba w/ vaulted ceilings & natural light. Remodeled primary bath, walk-in closets, central HVAC + mini-splits, tankless WH, W/D, flagstone yard, carport, shared garage. Walkable to restaurants, grocery & more

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Multi-Family Active

Price

$ 599,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,551

Style

Multiple Dwellings

Year Built

1979

Town/City

Payson

County/Region

Gila

MLS | Web ID

6994673

Features
General
Sewer Public Sewer
Heating Individual
Cooling Window/Wall Unit Electric 2 or More Units
Roof Composition Rolled/Hot Mop
Zoning rs
Construction Materials Other Painted
Year Built 1979
Electric APS
Township 10N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 51156.0
Community Features No Pool
County Gila
Net Operating Income 50000.0
Operating Expense 1551.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name EARL RUSSELL
Garage Y/N N
Status Active
Directions N Hwy 87. East on Bonita St. North on Ponderosa St. to property on East side
High School Payson High School
City Payson
Disclosures Seller Prop Disc Stm
High School District Payson Unified District
Open Parking Spaces 2.0
Number Of Units Total 3
Carport Y/N N
Tax Annual Amount 1551.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Payson Unified District
Tax Lot 9
Cap Rate 8.33
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Laminate Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Detached Garage Garage Door Opener >1 Space Per Unit 1 Space/Unit Carport
Water Source Individual Meter City Franchise
Total Parking 6.0
Number of Buildings 4
Spa N
Lot Dimensions 164X120
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 205
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* Excluded Features
List By
Avenew Realty Inc

Broker

trish@avenewrealty-inc.com

Email

Affordability Calculator

$3,823
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,694
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328274 Elementary School
4326949 Middle School
Payson High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$599,900 Listed Price

Map


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205 S PONDEROSA Street, Payson, AZ, 85541 is a Multi-Family Home for sale at $599,900. 205 S PONDEROSA Street is a studio with 0.0 baths and was built in 1979. The property's zip code is 85541 which is in Payson, AZ