$1,350,000
$100K PRICE DROP

11507 N 79th Dr Peoria, AZ 85345

Estimated payment $7,442/month

Total Views 3,278
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Floor Furnace
  • Vinyl Flooring
  • Peoria High School Rated A-

About This Home

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!

Listing Agent

Kimberly Darby

eXp Realty License #SA689419000 Listed on: 03/26/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 10 Open Parking Spaces
  • 11 Parking Spaces
  • 1 Covered Space
  • Free Parking
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Floor Furnace
  • Wall Furnace
  • Window Unit Heating System

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tax Lot 47,48
  • Assessor Parcel Number 142-06-084

Community Details

Overview

  • 6 Buildings
  • 7 Units
  • Building Dimensions are 084: 100x300, 085: 40x100, 087: 100x200x20x300
  • Varney Tract Subdivision

Building Details

  • Operating Expense $1,710
  • Gross Income $34,200
  • Net Operating Income $31,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,710

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: RM-1
  • Number Of Buildings: 6
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2024
  • 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.
  • Road Surface Type: Dirt
  • Subdivision Name: VARNEY TRACT
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Free, Add'l Parking Avail, On Street
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking Features Free2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Evaporative Cooling, Window/Wall Unit, Electric, Individual
  • Heating: Window/Wall Unit(s), Electric, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Peoria Unified School District

Lot Info

  • Lot Size: 084: 100x300, 085: 40x100, 087: 100x200x20x300
  • Additional Parcels: Yes
  • Parcel #: 142-06-084

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 7
  • Annual Gross Income: 34200.0
  • Property Net Operating Income: 31650.0
  • Annual Operating Expense: 1710.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1710.0
  • Tax Book Number: 142.00
  • Tax Lot: 47,48

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $621 $6,828 -- --
2024 $626 $6,503 -- --
2023 $626 $27,020 $7,400 $19,620
2022 $614 $20,100 $5,500 $14,600
2021 $643 $17,290 $4,730 $12,560
2020 $647 $15,890 $4,350 $11,540
2019 $627 $11,410 $3,940 $7,470
2018 $609 $31,310 $3,940 $27,370
2017 $607 $30,320 $3,820 $26,500
2016 $600 $7,690 $2,100 $5,590
2015 $558 $7,100 $1,940 $5,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $1,350,000 -6.9% --
03/26/2025 03/26/25 For Sale $1,450,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6841463

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-06-084

Arizona Maricopa County Peoria 85345

11507 N 79th Dr, Peoria, AZ

This home is located at 11507 N 79th Dr, Peoria, AZ 85345 and is currently priced at $1,350,000. This property was built in 1955. 11507 N 79th Dr is a home located in Maricopa County with nearby schools including Peoria Elementary School, Peoria High School, and Academy of Math & Science - Peoria Advanced.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Listing Agent
Kimberly Darby
Section Image
eXp Realty
(480) 526-5081