11705 N 79TH Drive, Peoria, AZ 85345
$2,600,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$2,600,000
Last Modified:
4/16/2026
Overview
Description
Listing Details MLS# 7015054
Location, Tax & Legal
- House Number
- 11705
- Compass
- N
- Street Name
- 79TH
- St Suffix
- Drive
- City/Town Code
- Peoria
- State/Province
- AZ
- Zip Code
- 85345
- Zip4
- 8228
- County Code
- Maricopa
- Subdivision
- VARNEY TRACT
- Assessor Number
- 142-06-077
- Tax Year
- 2025
- Assessor's Map #
- 6
- Legal Description (Abbrev)
- LOT 40 VARNEY TRACT MCR 003011
- Assessor's Parcel #
- 77
- Add'l Parcels
- No
- Tax Municipality
- Peoria
- Census Tract
- 71910
- Taxes
- 1817
- Legal
- LOT 40 VARNEY TRACT MCR 003011
- Marketing Name
- VARNEY TRACT
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- .647 acres
- Year Built
- 2001
- Uncvrd Parking Spcs
- 16
- Total # of Units
- 9
- # of Buildings
- 5
- Zoning
- RM-1
- Elementary School District
- Peoria Unified School District
- High School District
- Peoria Unified School District
Remarks Misc
- Cross Street
- 79th Ave and Cactus
- 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
Legal Info
- Township
- 3N
- Range
- 1E
- Section
- 23
- Lot Number
- 40
Income Expenses
- Gross Annual Sch Inc
- 138600
- Net Operating Income
- 114970
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Phone Call
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 1262.5
- Avg SqFt
- 500
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 5
- Avg Rent
- 1300
- Avg SqFt
- 698
- # Baths
- Yes
Project Type
- 5 - 12 Units
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
- Stone
- Yes
Roofing
- Composition
- Yes
Floors
- Laminate
- Yes
- Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Landscape Exp
- 1200
- Annual Legal & Acctg
- 500
- Annual Maint Exp
- 1000
- Annual Wtr/Swr Exp
- 14000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 18517
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 131670
- Total Monthly Rental Income
- 11550
Pmt & Rate Info
- Cap Rate
- 4.42
- Equity
- 2600000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Forced Air
- Yes
- Heat Pump
- Yes
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Partially Fenced
- Yes
- Satellite Dish
- Yes
- Cable TV Available
- Yes
- Sidewalk(s)
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Free-Standing Electric Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
Road Access Type
- City Street
- Yes
- Private Road
- Yes
Road Surface Type
- Concrete
- Yes
- Dirt
- Yes
- Gravel
- Yes
Source of Fincl Data
- Books Shwn Accpt Ofr
- Yes
Road Responsibility
- City Maintained Road
- Yes
- Private Maintained Road
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- Free
- Yes
- On Street
- Yes
- Add'l Parking Avail
- Yes
- Assigned
- Yes
- Attached Carport
- Yes
- Off Street
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- No Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Wood Frame
Const - Finish:
Painted; Stucco; Stone
Roofing:
Composition
Floors:
Laminate; Tile; Carpet
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Desert Landscaping; Partially Fenced; Satellite Dish; Cable TV Available; Sidewalk(s)
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Free-Standing Electric Oven; Refrigerator; Microwave
Heating:
Forced Air; Heat Pump
Cooling:
Ceiling Fan(s); Electric; Central Air
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
APS; Individual Meter
Gas:
None
Parking Features:
Carport; On Street; Add'l Parking Avail; Assigned; Free; Attached Carport; Off Street
Road Access Type:
City Street; Private Road
Road Surface Type:
Gravel; Dirt; Concrete
Road Responsibility:
City Maintained Road; Private Maintained Road
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Books Shwn Accpt Ofr
Showing Notification Methods:
Text; Phone Call
Lockbox Type:
None
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Not Applicable
New Financing:
Cash; Conventional; No Carry; 1031 Exchange
Environmental:
None
Listing Office:
HomeSmart
Last Updated: April - 16 - 2026
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