Value-Add Duplex with $2,600/Month Rental Potential – High-Demand Location Just 2 Miles from Banner Medical Center.
Opportunity knocks at 1401 N Woodland Drive — a legally zoned duplex (R3-MH) in one of Payson's strongest rental corridors, directly across from Banner Payson Medical Center. Two separate homes on one parcel offer flexibility, income potential, and future expansion possibilities.
The front home (approx. 1,230 sq ft) features 2 bedrooms, 1 bath, a large kitchen, open living area, stone fireplace, and space for a potential office. The second unit (approx. 631 sq ft) offers 1 bedroom, 1 bath, an oversized living room, full kitchen, and its own fireplace. Both units have private fenced backyards and are connected by an interior door, allowing for easy conversion to a single residence if desired.
Value-Add Potential: The property does need cosmetic improvements, including fresh paint, and one unit may need a new roof. This presents a strong opportunity for investors to force appreciation through light renovation.
Priced to Move: A smaller duplex (with 300 fewer total square feet) sold just months ago for $380,000 — making this property competitively positioned for investors seeking upside and long-term appreciation.
With R3-MH zoning, there may also be additional development or expansion possibilities (buyer to verify), further increasing long-term value.
Strong location. Strong rental demand. Cosmetic upside. Competitive pricing.



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$1,73439 minutes ago Listing updated with changes from the MLS® 2 hours ago Listing first seen on site
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Last checked: 2026-02-18 11:06 PM UTC

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