11507 N 79TH Drive Peoria, AZ ^$ 1,350,000

11507 N 79TH Drive

^$ 1,350,000

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11507 N 79TH Drive

Peoria, AZ, 85345

^$ 1,350,000

Studio Baths0.0

Monthly Estimate*

^$ 8,422

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Studio

Multi-Family Home for sale in Peoria, AZ

for $1,350,000. This home was built in 1955.

This exceptional real estate opportunity consists of three parcels featuring two duplexes, three single-family homes, and a garage. A significant portion of the land remains vacant, offering ample space for future development. The property is zoned for multi-family use, proving potential for growth and expansion in a desirable area. This versatile investment is perfect for developers or investors looking to capitalize on the thriving local market. Don't miss the chance to explore the possibilities this property has to offer!

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,710

Style

Multiple Dwellings

Year Built

1955

Town/City

Peoria

County/Region

Maricopa

MLS | Web ID

6841463

Features

General

Sewer Public Sewer

Heating Window/Wall Unit(s) Electric Floor Furnace Wall Furnace

Cooling Central Air Evaporative Cooling Window/Wall Unit Electric Individual

Roof Composition

Zoning RM-1

Construction Materials Wood Frame Painted

Year Built 1955

Electric APS

Township 3N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 34200.0

Community Features No Pool

County Maricopa

Net Operating Income 31650.0

Operating Expense 1710.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name VARNEY TRACT

Garage Y/N N

Status Active

Directions Cactus road to 79th Ave then head south on 79th Ave. Take a right on W Cholla Street. Then a right on N 79th Drive. Entrance is on the right off 79th Drive.

City Peoria

Disclosures None

High School District Peoria Unified School District

Open Parking Spaces 10.0

Number Of Units Total 7

Carport Y/N N

Tax Annual Amount 1710.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Peoria Unified School District

Tax Lot 47 48

Cap Rate 2.18

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Free Add'l Parking Avail On Street

Water Source City Franchise

Total Parking 11.0

Number of Buildings 6

Spa N

Lot Dimensions 084: 100x300 085: 40x100 087: 100x200x20x300

Covered Spaces 1.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 11507

* Excluded Features

List By

Exp Realty

Broker

kim@thehavasulife.com

Affordability Calculator

$8,565

Per Month

Monthly Principal & Interest: $8,422
Monthly Property Taxes: $143
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Peoria, AZ

Average List Price ^$887,500

Percent of Sale Price 34%

About Peoria, AZ

186,776 Population

71% Since 2002

^$66,476 Median Income

39.35 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4326885 Elementary School

4327517 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/18/2025	$1,350,000	-6.90%	Price Down
3/27/2025	$1,450,000		Listed Price

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11507 N 79TH Drive, Peoria, AZ, 85345 is a Multi-Family Home for sale at $1,350,000. 11507 N 79TH Drive is a studio with 0.0 baths and was built in 1955. The property's zip code is 85345 which is in Peoria, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/19/2025.

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11507 N 79TH Drive

Multi-Family Home for sale in Peoria, AZ

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