205 S PONDEROSA Street
Payson, AZ, 85541 $ 550,000
Bedrooms7 Baths0.0 Monthly Estimate*
$ 3,473
for $550,000 with 7 bedrooms. This home was built in 1979.
Rare three unit opportunity in Payson ideal for a buyer seeking to live in one home while generating income from the others to offset ownership expenses. Situated on a 17,000 square foot lot at approximately 5,000 feet elevation, the property includes three detached manufactured homes on a quiet cul de sac surrounded by mature trees. Unit A: 1 bd, 1 ba with newer HVAC, LVP flooring, stainless appliances, W/D, shed, and covered carport. Unit B: 3 bd, 2 ba with remodeled primary bath, laminate floors, dual pane windows, central heat/air, mini splits, W/D, yard, shed, and shared garage. Unit C: 3 bd, 2 ba with vaulted ceilings, remodeled primary bath, central heat/air, mini splits, tankless water heater, carport, and shared garage. Conveniently located within walking distance to restaurants +
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FeaturesGeneralSewer 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
Elementary School Payson Elementary School
Tax Annual Amount 1551.0
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 9
Cap Rate 9.09
New Financing: Conventional True
Senior Community N
New Financing: Cash True
New Financing: VA True
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InteriorFlooring Laminate Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 7
Total Baths 5
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ExteriorParking 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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* Excluded FeaturesList Bytrish@avenewrealty-inc.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,473
- Monthly Property Taxes
- $129
- 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.
Learn more about how to save NearbyMulti-family listings in Payson, AZ
Average List Price $438,000
Percent of Sale Price 20%
About Payson, AZ 15,685 Population
18% Since 2002
$ 44,179 Median Income
53.5 Median Age
14% Households with Children
Trends Information provided by ATTOM Data Solutions.
4894754 Elementary School
4899228 Middle School
Payson High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $550,000 | | Listed Price |