401 S Mariposa Street, Payson, AZ 85541 (MLS# 6941862)

401 S Mariposa Street, Payson, AZ 85541

$499,999
Property Type: Residential Bedrooms: 6 Baths: 3 Square Footage: 1,251 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $499,999 Last Modified: 3/08/2026

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

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $499,999 Status: Active Current Price: $499,999 List Date: 2025-11-01

Location, Tax & Legal

Assessor's Map #: 3 Legal Description (Abbrev): LOT 97 MOGOLLON RIM ADD AMD Assessor's Parcel #: 83 Tax Municipality: Gila - COUNTY Taxes: 338908 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 Styles: Detached # of Interior Levels: 3 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 1251 Price/SqFt: 399.68 Approx Lot SqFt: 13939 Approx Lot Acres: 0.32 Horses: N Builder Name: Unknown 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 Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 6 Total Bathrooms: 3 Year Built: 1981

Legal Info

Range: 97 Section: 03 Township: 10N Lot Number: 97

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Rec Center Fee Y/N: N Rec Center Fee 2 Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Combo: 1 See Private Remarks: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Master Bedroom

Upstairs: 1

Flooring

Laminate: 1 Tile: 1

Window Features

Solar Screens: 1

Dining Area

Eat-in Kitchen: 1

Heating

Propane: 1

Kitchen Features

Kitchen Island: 1 Quartz Countertops: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Laundry

Washer Hookup: 1 Gas Dryer Hookup: 1

Basement

Basement Y/N: N

Other Rooms

Family Room: 1

Separate Den/Office

Sep Den/Office Y/N: N

Fencing

Wood: 1 Chain Link: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 9 Garage Spaces: 3 Carport Spaces: 6

Parking Features

Detached Carport: 1 Separate Strge Area: 1 Attached Garage: 1 Garage Door Opener: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1

Energy/Green Feature

Solar Panels: 1

Solar Panels

Ownership: Owned Outright

Utilities

APS: 1

Existing 1st Loan

FHA: 1 Conventional: 1 Private: 1

Landscaping

Gravel/Stone Front: 1 Gravel/Stone Back: 1

Items Updated

Floor Partial/Full: Partial Kitchen Partial/Full: Partial Bath(s) Partial/Full: Full

Unit Style

Two Levels: 1 Three or More Levels: 1

Other Structures

Shed(s): 1

Disclosures

Other (See Remarks): 1

Possession

Close of Escrow: 1 Subject To Tenant Rights: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

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

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
IDX
Last Updated: March - 08 - 2026
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