404 S Ponderosa Street Payson, AZ $ 475,000
404 S Ponderosa Street
$ 475,000
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404 S Ponderosa Street

Payson, AZ, 85541
$ 475,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 2,999

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Multi-Family Home for sale in Payson, AZ

for $475,000 with 3 bedrooms. This home was built in 2019.

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 Walkout basement in the back is a small apartment with 1 bedroom, a second room that consists of a kitchenette/living room combo, and a spacious bathroom. It currently has a tenant making good money. It could become an adult child's or grandparents's living quarters, a guest apartment. Private patio. Includes: Two-door 10 cu ft fridge Microwave Toaster oven Full-size sink with disposal Flip-up countertop extension Dimmered under-cabinet lighting Large pantry with bright, even lighting Range hood with ducted exhaust fan Induction cooktop can be put away in pantry or used on the patio with an ext cord Ceiling fans in bedroom and kitchen/living room 43" smart TV Flip-up coffee table Kitchen/livingroom has hard flooring, bedroom has new carpet. Unit is bermed up (half under ground) and so needs less heating/cooling Window a/c and in-wall heaters Full-sized bathroom with roomy shower and built-in linen closet North-facing pavers patio with pavers, table, chairs, umbrella, and 3-string patio lights, is shrubbery - secluded.

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Multi-Family Active

Price

$ 475,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 1,799

Style

Multiple Dwellings

Year Built

2019

Town/City

Payson

County/Region

Gila

MLS | Web ID

7057523

Features
General
Sewer Public Sewer
Heating Forced Air Electric
Cooling Central Air Ceiling Fan(s) Varies by Unit
Roof Composition
Zoning res
Security Features Security Light(s)
Construction Materials Wood Siding Wood Frame Painted
Year Built 2019
Electric APS Master Meter
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 27288.36
Community Features No Pool
County Gila
Net Operating Income 27564.0
Operating Expense 1799.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions SR 87 and Bonita East on Bonita to Ponderosa then South property is on the West side
High School Payson High School
City Payson
Disclosures None
High School District Payson Unified District
Open Parking Spaces 6.0
Number Of Units Total 2
Carport Y/N N
Elementary School Julia Randall Elementary School
Tax Annual Amount 1799.0
Electric Expense 0.0
Middle/Junior High School Rim Country Middle School
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 97C
Cap Rate 5.57
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Off Street Paved Free Add'l Parking Avail
Water Source City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 74x132x100x76x49
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Laminate Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 3
Total Baths 4
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Internal Only
Street Number 1 404
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* Excluded Features
List By
Real Broker

Broker

edyi@4resultsteam.com

Email

Affordability Calculator

$3,149
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,999
Monthly Property Taxes
$150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4899226 Elementary School
4899228 Middle School
Payson High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$475,000 -4.04% Price Down
7/23/2026$495,000 Listed Price

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404 S Ponderosa Street, Payson, AZ, 85541 is a Multi-Family Home for sale at $475,000. 404 S Ponderosa Street has 3 bedrooms, 0.0 baths, and was built in 2019. The property's zip code is 85541 which is in Payson, AZ