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Nine-Unit Apartment Property with Upgrades
For Sale
$2,600,000
Pending

11705 N 79TH Drive, Peoria, AZ 85345

MULTI_FAMILY - Peoria, AZ

Days on Market109

Property Features for 11705 N 79TH Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-1
Bedrooms 14
Full bathrooms 9
Rooms Bedroom 9, Bedroom 13, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 11, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 7, Bathroom 3, Bathroom 8, Bedroom 8, Bedroom 6, Bathroom 7, Bathroom 9, Bedroom 12, Bedroom 10, Bathroom 1, Bedroom 3, Bedroom 14, Bathroom 6, Bedroom 5
Parking features On Street, Off Street, Carport, Assigned
Exterior features Sidewalk(s)
Appliances Refrigerator, Free-Standing Electric Oven, Microwave
Subdivision VARNEY TRACT
Elementary school district Peoria Unified School District
Middle school district Peoria Unified School District
High school district Peoria Unified School District
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
Standard status Pending
APN 142-06-077

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 40 VARNEY TRACT MCR 003011
Tax Annual Amount 1817
Legal Description LOT 40 VARNEY TRACT MCR 003011

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating), Forced Air
Cooling system Ceiling Fan(s), Electric, Central Air

Amenities

maintenance shed
enclosed storage area

Building Details

Year built 2001
Number of units 9
Flooring type Carpet, Tile, Laminate
Building materials Wood Frame, Painted, Stucco, Stone
Roof type Composition
Listing Agency: HomeSmart
Listed By: Christopher Davis
Added: Apr 16 Changed: Aug 1 Last Checked: Aug 2 at 10:06PM
MLS# 7015054

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Nine-unit apartment property at 11705 N 79TH Drive, Peoria, AZ 85345, developed as five buildings on-site. The mix includes two two-bedroom duplexes, two one-bedroom duplexes, and a two-bedroom house at the rear of the property. Unit interiors feature a variety of flooring including carpet, tile, and laminate, with in-unit appliances such as a refrigerator, microwave, and free-standing electric oven.

The property is well maintained and has undergone upgrades and remodels since 2017. Exteriors include painted, stucco, stone, and wood-frame construction, along with a composition roof. Practical on-site storage is provided with a maintenance shed and an enclosed storage area. Parking is available via on-street, off-street, carport, and assigned options, and the site includes sidewalks.

For comfort, each unit is served by electric and forced-air heating, with heat pump heating and central air cooling plus ceiling fans.

Key Highlights

  • Nine units across five buildings: two two‑bedroom duplexes, two one‑bedroom duplexes, and a two‑bedroom rear house
  • Upgrades and remodels have been underway since 2017
  • RM‑1 zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Daycare Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

Demographics for 85345, AZ

61,024
Population
24,273
Households
2.5
Avg Household Size
37
Median Age
18%
College-Educated
87%
High-School Grad
12.7 sq mi
ZIP Area
4,805
Density / Sq Mi
$64,563
Median Household Income
$40,280
Median Earnings
$1,563
Median Rent
$278,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine-unit apartment property in RM-1 zoning with 1- and 2-bedroom layouts, upgraded since 2017.
Where is this apartment building located?
The property is located at 11705 N 79TH Drive Peoria, AZ.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Nine units across five buildings: two two‑bedroom duplexes, two one‑bedroom duplexes, and a two‑bedroom rear house; Upgrades and remodels have been underway since 2017; RM‑1 zoning
More about this property
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