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Duplex with Basement Apartment
For Sale
$475,000

404 S Ponderosa Street, Payson, AZ 85541

Multiple Dwellings, Payson, AZ

Property SizeContact for details
Days on Market63

Property Features for 404 S Ponderosa Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning res
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Parking features Off Street
Security features Security Lighting
Exterior features Sidewalk(s)
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Elementary school Julia Randall Elementary School
Middle school Rim Country Middle School
High school Payson High School
Elementary school district Payson Unified District
Middle school district Payson Unified District
High school district Payson Unified District
Directions SR 87 and Bonita, East on Bonita to Ponderosa then South property is on the West side
Standard status Active
APN 304-03-083-c

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1799

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air
Cooling system Central Air, Ceiling Fan(s)

Amenities

Trex decking
paved parking
RV hookup
Storage
fully fenced
private patio
ceiling fans
smart TV

Building Details

Year built 2019
Number of units 2
Flooring type Laminate, Carpet
Building materials Wood Siding, Wood Frame, Painted
Roof type Composition
Listing Agency: Real Broker
Listed By: Edyi Fawcett-Nickola · License #SA105129000
Added: Jun 23 Changed: Aug 23 Last Checked: Aug 24 at 11:06PM
MLS# 7057523

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2019 duplex property combines a primary residence with a separately entered walkout basement apartment. The main home offers two master bedrooms, 2.5 bathrooms, custom-painted interiors, upgraded GE slate appliances, a center island, Trex decking, and energy-efficient features. The lower unit includes one bedroom, a kitchenette and living room combination, a full bathroom, private patio, hard flooring in the common area, and new carpet in the bedroom. Window A/C and in-wall heaters serve the apartment.

The property is located at 404 S Ponderosa Street in Payson, Arizona, within Gila County. Additional site features include paved off-street parking, an RV hookup, storage, a fully fenced large side yard, public sewer, and sidewalk access. The residence also includes central air, ceiling fans, forced-air electric heating, a composition roof, and wood-frame construction with painted wood siding.

Key Highlights

  • Main home includes 2 master bedrooms and 2.5 bathrooms
  • Walkout basement apartment has 1 bedroom, kitchenette/living room, and full bathroom
  • Separate entrance and private patio serve the lower apartment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,281
Businesses Nearby

Demographics for 85541, AZ

22,974
Population
15,908
Households
1.4
Avg Household Size
58
Median Age
24%
College-Educated
93%
High-School Grad
808.5 sq mi
ZIP Area
28
Density / Sq Mi
$63,857
Median Household Income
$36,590
Median Earnings
$1,290
Median Rent
$317,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate living areas include a primary home and a one-bedroom walkout suite with private access.
Where is this duplex located?
The property is located at 404 S Ponderosa Street Payson, AZ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Main home includes 2 master bedrooms and 2.5 bathrooms; Walkout basement apartment has 1 bedroom, kitchenette/living room, and full bathroom; Separate entrance and private patio serve the lower apartment
More about this property
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