401 S Mariposa Street, Payson, AZ 85541
$499,999
Property Type:
Residential
Bedrooms:
6
Baths:
3
Square Footage:
1,251
Lot Size (sq. ft.):
40,075
Status:
Active
Current Price:
$499,999
Last Modified:
11/02/2025
Description
Calling all investors! This versatile 5 BD / 3 BA property is zoned residential & commercial, offering endless possibilities—vacation rental, business use, or long-term investment. Approximately 80% renovated, with a separate 1 BD / 1 BA studio in the garage area (garage area will be completed by COE). Tenant-occupied through July 2026, generating $2,300 per month in rent for immediate income. Features include a 3-car garage, 6-car carport, owned solar system, and a 0.32-acre fenced lot. Convenient in-town Payson location close to shops and amenities. Endless potential to finish, expand income, or operate your business in one of Arizona's most charming mountain communities!
More Information MLS# 6941862
Contract Information
List Price: $499,999
Status: Active
Current Price: $499,999
List Date: 2025-11-01
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 401
Compass: S
Street Name: Mariposa
St Suffix: Street
City/Town Code: Payson
State/Province: AZ
Zip Code: 85541
County Code: Gila
Assessor Number: 304-03-083
Subdivision: MOGOLLON RIM ADD AMD
Tax Year: 2024
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 3
# Bedrooms: 6
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 1251
Price/SqFt: 399.68
Horses: N
Builder Name: Unknown
Year Built: 1981
Approx Lot SqFt: 40075
Approx Lot Acres: 0.92
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
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: 87 & Bonita Street
Directions: From the 87, head east on E Bonita St, then south on S Mariposa St. Property is on your left.
Geo Lat: 34.23613
Geo Lon: -111.321503
Legal Info
Township: 10N
Range: 97
Section: 03
Lot Number: 97
Basement
Basement Y/N: N
Items Updated
Floor Partial/Full: Partial
Kitchen Partial/Full: Partial
Bath(s) Partial/Full: Full
Parking Spaces
Garage Spaces: 3
Carport Spaces: 6
Total Covered Spaces: 9
Solar Panels
Ownership: Owned Outright
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Master Bathroom: 3/4 Bath Master Bdrm
Master Bedroom: Upstairs
Flooring: Laminate; Tile
Window Features: Solar Screens
Spa: None
Dining Area: Eat-in Kitchen
Kitchen Features: Quartz Countertops; Kitchen Island
Laundry: Washer Hookup; Gas Dryer Hookup
Other Rooms: Family Room
Other Structures: Shed(s)
Parking Features: Detached Carport; Attached Garage; Garage Door Opener; Separate Strge Area
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Propane
Utilities: APS
Water Source: City Water
Sewer: Sewer - Public
Fencing: Wood; Chain Link
Landscaping: Gravel/Stone Front; Gravel/Stone Back
Lockbox Type: Combo; See Private Remarks
Possession: Close of Escrow; Subject To Tenant Rights
Unit Style: Two Levels; Three or More Levels
Association Fee Incl: No Fees
Existing 1st Loan: FHA; Conventional; Private
New Financing: Cash; FHA; Conventional
Disclosures: Other (See Remarks)
Listing Office: My Home Group Real Estate
Last Updated: November - 02 - 2025
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