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$349,000
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Property Description
Rare Mixed-Use Opportunity in the Heart of Payson 704 S Meadow Street, Payson, AZ This unique mixed-use property just steps from Main Street in the cool mountain town of Payson, Arizona, offers a blank slate with massive potential. Currently a shell with a dirt floor, it's primed for developmental, residential, commercial, or both. Zoned for flexible use, this property supports single-family, multi-family, office, or a creative live/work concept. The full corner lot adds significant value, and in a market facing limited housing and office space inventory, this is a standout opportunity. Whether you're a builder, investor, or owner-user, the upside here is bring your vision and unlock the potential. Recently installed heavy insulation metal roof with an R10 efficiency rating. Seller happy to carry for up to 60 months at 5.99% with $200,000 down
Full Property Details
Full Property Details for 704 S Mdw St
General
- Price: $349,000
- Taxes: $1,756 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6886790
- Updated: 1/15/2026
- Added to Site: 199 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, 3/4 Bath Master Bdrm
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: None
Location
- County: Gila
- Township: 10N
- Subdivision: HATHAWAY ADDITION
- Cross Streets: S Meadow and W Frontier
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Utilities
- Water: City Water
Structural Information
- Exterior Const.: Block
- Roof: Metal
- Sq. Ft. Source: Assessor
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,725
- Lot Size Source: Assessor
- Lot Features: Dirt Front
Financial Considerations
- Tax Amount: $1,756
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 15 HATHAWAY ADDITION
- Property ID: 304-16-028-A
- Range: 10E
- Section: 9
- Lot Number: 15
Listed by Realty ONE Group
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Schools
Schools serving 704 S Mdw St
School District:Payson Unified District
| Name | Grades | Distance |
|---|---|---|
Julia Randall Elementary School 902 West Main Street, Payson, AZ 85541 | 3-5 | 0.8 mi |
Payson Elementary School 500 East Rancho Road, Payson, AZ 85541 | K-2 | 2.1 mi |
Rim Country Middle School 304 South Meadow Street, Payson, AZ 85541 | 6-8 | 0.4 mi |
Payson High School 301 North McLane Road, Payson, AZ 85541 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 704 S Mdw St
Date
Details
Price
Change
Source
1/15/2026
Price Increased
$349,000
40.16%
MLS
12/20/2025
Price Reduced
$249,000
-16.99%
MLS
10/23/2025
Price Reduced
$299,950
-8.83%
MLS
10/14/2025
Price Reduced
$329,000
-5.73%
MLS
8/21/2025
Price Reduced
$348,999
—
MLS
6/30/2025
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 704 S Mdw St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,721
1%
$31,808
141%
2024
$1,710
—
$13,188
-17%
2023
$1,706
-48%
$15,904
-47%
2022
$3,301
3%
$29,983
13%
2021
$3,198
4%
$26,511
20%
2020
$3,073
—
$22,092
100%
2020
$3,073
6%
-100%
2018
$2,890
-7%
$22,980
2%
2017
$3,111
—
$22,534
-9%
2016
$3,105
-15%
$24,784
3%
2015
$3,673
-7%
$24,052
-18%
2013
$3,962
—
$29,432
-3%
2013
$3,962
—
$30,228
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 704 S Mdw St
704 S Meadow Street, Payson, AZ 85541 (MLS# 6886790) is a Single Family property with 4 bedrooms and 2 full bathrooms. 704 S Meadow Street is currently listed for $349,000 and was received on June 30, 2025. Want to learn more about 704 S Meadow Street? Do you have questions about finding other Single Family real estate for sale in Payson? You can browse all Payson real estate or contact a Coldwell Banker agent to request more information.

