Discover a fantastic investment opportunity in the heart of Payson, Arizona! This well-maintained duplex, built with solid slump block construction, is a clean, turnkey property in excellent condition—a true gem for income seekers. Featuring two 2-bedroom, 1-bath units, each renting for $1,550 per month, this duplex is a quiet, reliable cash cow.
Payson is a charming mountain town that offers an unbeatable quality of life, making this property even more appealing. Nestled in the cool pines at 5,000 feet elevation, Payson boasts mild four-season weather, perfect for outdoor enthusiasts. With world-class hiking, fishing, and camping in the nearby Tonto National Forest and Mogollon Rim, adventure is always at your doorstep. The vibrant community hosts lively events like the Arizona State Rodeo, farmers' markets, and festivals, fostering a warm, small-town vibe.
This duplex is ideally located just steps from Main Street's quaint shops, restaurants, and theater, with schools, parks, a library, and a dog park all nearby. It's a walkable, central spot that tenants love for its convenience and access to Payson's best amenities. Whether you're supplementing retirement income or building your portfolio, this property is a smart choice in a town known for its natural beauty, friendly atmosphere, and growing appeal.
Requires 48 hours' notice for viewings. Don't miss out on this Payson treasure!
Closed
$390,000
301 W Wade Ln, Payson, AZ 85541
4beds
0baths
--sqft
Duplex
Built in 1980
-- sqft lot
$387,400 Zestimate®
$--/sqft
$1,825 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 03:47pm
Listed by:
Guy A Pfister,
Delex Realty, LLC
Source: CAAR,MLS#: 92467

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Electric
Cooling
- Evaporative Cooling, Window Unit(s)
Appliances
- Included: Refrigerator, Range/Oven
- Laundry: Laundry Area
Features
- Flooring: Carpet, Tile, Wood
- Has basement: No
Property
Parking
- Parking features: Carport, Attached
- Has attached garage: Yes
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Laundry Room/Facilit, Storage
Lot
- Size: 9,147 sqft
Details
- Additional structures: Storage
- Parcel number: 30408057B
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stone, Block
- Roof: Asphalt/Comp Shingle
Condition
- Year built: 1980
Community & neighborhood
Location
- Region: Payson
- Subdivision: Greer Sub
Other
Other facts
- Listing terms: Conventional,1031 Exchange,FHA,VA Loan
- Road surface type: Blacktop Street