11705 N 79TH Drive Peoria, AZ ^$ 2,600,000

11705 N 79TH Drive

^$ 2,600,000

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11705 N 79TH Drive

Peoria, AZ, 85345

^$ 2,600,000

Studio Baths0.0

Monthly Estimate*

^$ 16,009

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Studio

Multi-Family Home for sale in Peoria, AZ

for $2,600,000. This home was built in 2001.

DO NOT DISRUPT TENANTS!! Beautiful upgraded units. Well maintained property. A total of 9 units with great cash flow. Property has a maintanence shed and an enclosed storage area. The property has been under going upgrades and remodels since 2017. Great mix of 1 and 2 bedrooms. The five buildings are 2 -2 bedroom duplexs, 2- 1 bedroom duplexs, and a 2 bedroom house at the rear of the property.

Multi-Family Active

Price

^$ 2,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,817

Style

Multiple Dwellings

Year Built

2001

Town/City

Peoria

County/Region

Maricopa

MLS | Web ID

7015054

Features

General

Sewer Public Sewer

Heating Forced Air Heat Pump Electric

Cooling Central Air Ceiling Fan(s) Electric

Roof Composition

Zoning RM-1

Construction Materials Wood Frame Painted Stucco Stone

Year Built 2001

Electric APS Individual Meter

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 131670.0

Community Features No Pool

County Maricopa

Net Operating Income 114970.0

Operating Expense 18517.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 1000.0

Subdivision Name VARNEY TRACT

Garage Y/N N

Status Active

Directions Cactus to 79th Ave. South to Kirby West on Kirby to 79th Dr. South on 79th Dr to property. On the East side of 79th Dr

City Peoria

Disclosures None

High School District Peoria Unified School District

Open Parking Spaces 16.0

Number Of Units Total 9

Carport Y/N N

Tax Annual Amount 1817.0

Water Sewer Expense 14000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

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 40

Cap Rate 4.42

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Exterior

Exterior Amenities Sidewalk(s)

Parking Features Off Street Attached Carport Free Assigned Add'l Parking Avail On Street Carport

Water Source Master Meter City Franchise

Total Parking 20.0

Number of Buildings 5

Spa N

Lot Dimensions .647 acres

Road Surface Type Concrete Dirt Gravel

Covered Spaces 4.0

Other Equipment Satellite Dish

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Flooring Tile Laminate Carpet

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 11705

* Excluded Features

List By

Homesmart

Broker

phx.homes@yahoo.com

Affordability Calculator

$16,160

Per Month

Monthly Principal & Interest: $16,009
Monthly Property Taxes: $151
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$1,350,000

Percent of Sale Price 48%

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
4/16/2026	$2,600,000		Listed Price

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11705 N 79TH Drive, Peoria, AZ, 85345 is a Multi-Family Home for sale at $2,600,000. 11705 N 79TH Drive is a studio with 0.0 baths and was built in 2001. 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 6.25% 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 4/17/2026.

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11705 N 79TH Drive

Multi-Family Home for sale in Peoria, AZ

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