Rare investment opportunity! Two homes on a level, fully fenced and gated 0.20-acre R3-MH lot with zoning that allows up to three homes. Potential rental income of $2,200/month makes this ideal for investors, owner-occupants, or multi-generational living. The main home features approx. 640± sq. ft. plus covered porches and incorporates a beautifully preserved 1957 Spence Craft mobile home with tasteful additions and modern upgrades, including mini-splits, propane heat, and a wood stove. The remodeled 240± sq. ft. guest studio (2023) offers a kitchenette, ¾ bath, and mini-split. Quiet, tree-lined setting with meadow views, just minutes from downtown, schools, shopping, and dining.
Rare investment opportunity. This well-maintained multi-family property features two existing homes on a level 0.20-acre, fully fenced and gated lot zoned R3-MH, allowing up to three homes on the property. Current rental income is $2,200 per month, making this an excellent investment or owner-occupant opportunity. The beautifully landscaped property offers mature shade trees, meadow views, low maintenance, and a quiet neighborhood just minutes from downtown, schools, shopping, and restaurants. The Main House, currently rented, offers approximately 640± sq. ft. of living space plus 225± sq. ft. of screened in and covered porches. This cabin was built to thoughtfully integrated into 2 large slab and stick built additions for a bedroom and living room, a pristine original insulated four-season Liberty Coach Company, Inc, Spence Craft 1957 Mobile Home (approximately 284± sq. ft.) manufactured in Bremen Indiana by Craftsmen home builders. It features a bright eat-in kitchen, full bath, spacious living room, large bedroom with built-in wardrobe and drawers, full bath, inside laundry, and beautiful meadow views. Recent upgrades include two mini-split systems, a central propane furnace, hot water heater, and an airtight wood-burning stove. A pristine original 284± sq. ft. insulated 1957 mobile home has been incorporated into stick-built additions creating a bright and comfortable home with a modern eat-in kitchen, spacious living room, large bedroom with built-in wardrobe and drawers, full bathroom, inside laundry, screened porch, and beautiful meadow views. The Guest House/Studio is a stick-built approximately 240± sq. ft. completely remodeled in 2023. It features wood flooring, a new kitchenette and living area, a bedroom large enough for a queen-size bed, ¾ bath, mini-split heating and cooling system, a 15-gallon hot water heater, abundant natural light, and peaceful meadow views. Both homes live much larger than their square footage suggests. Whether you're looking for rental income, multi-generational living, or future development potential, this unique property offers exceptional value. Come experience this charming property tucked away on a quiet, tree-lined street in one of downtown Payson's most desirable neighborhoods.
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.


Payson is located in Arizona. Payson, Arizona has a population of 16,229. Payson is less family-centric than the surrounding county with 20.81% of the households containing married families with children. The county average for households married with children is 21.63%.
The median household income in Payson, Arizona is $58,109. The median household income for the surrounding county is $51,406 compared to the national median of $69,021. The median age of people living in Payson is 59.1 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 21.6 inches per year, with 14.6 inches of snow per year.