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- FlooringVinyl
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Drew DeLeon at 623-203-6803.
Drew DeLeon at 623-203-6803.Show all 24 photos
For Sale · 566 days↗ Share♡ Favorite
$1,350,000↓ $100K price cut 08-18-2025
11507 N 79th Dr, Peoria, AZ 85345 Peoria
MULTI-FAMILY
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!
Read moreKey Details
MLS #6841463
Monthly HOA
Price / Sq Ft
Listed03-26-2025
Property TypeMulti-Family
SubdivisionVarney Tract
Tax (2025)$638
Assessed Value$29,300
How This Home Compares
vs. the 1155 homes for sale in PeoriaPrice$1,350,000
Median $489,900
$15,000
$14,208,210
176% above the median Peoria home ($489,900).
Days on Market566 days
Median 55 days
0 days
690 days
On the market longer than most homes here (55 days median).
11507 N 79th Dr at a Glance
MLS# 6841463
Offered at $1,350,000, this 15 bed, 7 bath home was built in 1955. It sits in Varney Tract, Peoria, zoned for Peoria Elementary School and Peoria High School.
Want to see it in person? Schedule a showing or call Drew DeLeon at 623-203-6803.
Property Details
Kitchen and Appliances
- Free-Standing Range
- Refrigerator
Exterior and Lot
- Road Surface TypeDirt
Garage and Parking
- Covered Spaces1
- Open Parking Spaces10
- Parking FeaturesFree, Add'l Parking Avail, On Street
Building and Construction
- Year Built1955
- Construction MaterialsWood Frame, Painted
- Property Age71
- RoofComposition
Bedrooms and Bathrooms
- Bedrooms15
- Total Bathrooms25
- Full Bathrooms7
Heating and Cooling
- Cooling FeaturesCentral Air, Evaporative Cooling, Window/Wall Unit, Electric, Varies By Unit
- Heating FeaturesWindow/Wall Unit(s), Electric, Floor Furnace, Wall Furnace
- Heating
Land Info
- Additional Parcels
- Lot Size Dimensions084: 100x300, 085: 40x100, 087: 100x200x20x300
Multi-Unit Info
- Number of Buildings6
- Number of Units7
- Number of Studio Units4
- Number of 1 Bedroom Units4
- Number of 2 Bedroom Units2
- Number of 3 Bedroom Units1
- Total Bathrooms in the Studio Units1
- Total Bathrooms in the 1 Bedroom Units1
- Total Bathrooms in the 2 Bedroom Units1
- Total Bathrooms in the 3 Bedroom Units15
- Bedrooms in Unit-11
- Bedrooms in Unit-21
- Bedrooms in Unit-31
- Bedrooms in Unit-41
- Bedrooms in Unit-53
- Bedrooms in Unit-62
- Bedrooms in Unit-72
- Total Bathrooms in Unit-11
- Total Bathrooms in Unit-21
- Total Bathrooms in Unit-31
- Total Bathrooms in Unit-41
- Total Bathrooms in Unit-51
- Total Bathrooms in Unit-61
- Total Bathrooms in Unit-71
- Full Bathrooms in Unit-11
- Full Bathrooms in Unit-21
- Full Bathrooms in Unit-31
- Full Bathrooms in Unit-41
- Full Bathrooms in Unit-51
- Full Bathrooms in Unit-61
- Full Bathrooms in Unit-71
- Total Actual Rent of Studio Units562.5
- Total Actual Rent of 1-Bedroom Units562.5
- Total Actual Rent of 3-Bedroom Units750
- Unit 1 Total Actual Rent850
- Unit 2 Total Actual Rent700
- Unit 3 Total Actual Rent650
- Unit 4 Total Actual Rent700
- Unit 5 Total Actual Rent850
School Information
- Elementary School DistrictPeoria Unified School District
- High School DistrictPeoria Unified School District
- School DistrictPeoria Unified School District
Rental Info
- Gross Income34,200
- Gross Scheduled Income36,000
Amenities and Community Features
- Community FeaturesNo Pool
Other Property Info
- Annual Tax Amount1,710
- Source Listing StatusUcb (Under Contract-Backups)
- CountyMaricopa County
- Cap Rate2.34
- DirectionsCactus 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.
- Tax Year2024
- Source Property TypeMultiple Dwellings
- Source NeighborhoodVarney Tract
- Parcel Number142-06-084
- Postal CityPeoria
- Postal Code Plus 41356
- Public Survey Section23
- SubdivisionVarney Tract
- Township3N
- ZoningRM-1
Commercial Info
- Net Operating Income31,650
- Operating Expense1,710
Utilities
- ElectricAps
- SewerPublic Sewer
- Water SourceCity Franchise
Schools Zoned for This Home
Peoria Unified School District
elementary & middle · K-8Photo: webPeoria Elementary School
5/10
middle & high · 7-12Photo: webPeoria High School
5/10
Mortgage Calculator
For 11507 N 79th Dr, Peoria, AZ 85345Estimated Monthly Payment
/ month
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Rate from today's national average (7.38%). Includes estimated property taxes and HOA; homeowners insurance not included. An estimate, not a loan offer.
Price History
Listed For
$1,350,000on 03-27-2026
Last Sold $35,000 on 11-13-1975
First Recorded Sale $35,000 in 1975
SoldListed
| Date | Event | Price | Change |
|---|---|---|---|
| 03-27-2026MLSRelisted | Relisted | $1,350,000 | +$0+0.0% |
| 03-23-2026MLSListing Removed | Listing Removed | — | — |
| 08-18-2025MLSPrice Changed | Price Changed | $1,350,000 | −$100,000−6.9% |
| 03-26-2025MLSListed | Listed | $1,450,000 | +$0+0.0% |
| 01-02-2025MLSListing Removed | Listing Removed | — | — |
| 11-19-2024MLSListed | Listed | $1,450,000 | +$1,415,000+4042.9% |
| 11-13-1975Public RecordSold | Sold | $35,000 | — |
2025 Property Tax
$638per year
Assessed Value $29,300
Tax records back to 2007
| Year | Property Tax | Assessed Value |
|---|---|---|
| 2025 | $638 | $29,300 |
| 2024 | $620 | $29,300 |
| 2023 | $626 | $32,173 |
| 2022 | $613 | $20,100 |
| 2020 | $646 | $15,890 |
| 2019 | $627 | $11,410 |
| 2018 | $608 | $31,310 |
| 2017 | $606 | $30,320 |
| 2016 | $599 | $7,690 |
| 2015 | $558 | $7,100 |
| 2014 | $583 | $5,560 |
| 2012 | $414 | $3,470 |
| 2011 | $1,371 | $3,420 |
| 2009 | $1,593 | $20,013 |
| 2008 | $1,406 | $19,064 |
| 2007 | $1,186 | $13,187 |
Sale prices from public records; list prices from the MLS. Taxes shown are for the prior owner and can change after a sale.
11507 N 79th Dr FAQ
At $1,350,000, the asking price of 11507 N 79th Dr is about 2.8 times the median asking price of $489,900 for homes for sale in Peoria.
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Listing Information Last Updated 10-13-2026