Residential Income
10110 N 97TH Drive A Peoria, AZ 85345
For Sale
$210,000
Pending
Move-in ready duplex in Sun Air Estates with an updated kitchen, abundant natural light, and a patio overlooking open backyard views.
Property Size1,025 SF
Days on Market137
Property Features for 10110 N 97TH Drive A
General Information
- Standard status
- Pending
- Size
- 1,025 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1973
Listing Agency:
Century 21 Toma Partners
(623) 986-2952
Listed By:
Aaron Le · License #SA695412000
(623) 986-2952
Source:
Exitrealty
Added: Mar 12
Changed: Jul 23
Last Checked: Jul 23 at 5:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Toma Partners
Investment Insights
Based on property information with market context.
This very clean and well cared for duplex in the Sun Air Estates community offers a comfortable layout with plenty of natural light throughout. The kitchen has been updated and provides a functional space with plenty of cabinet space while maintaining the home’s charm. The property is move-in ready and has been well maintained over the years.
Outside, the backyard stands out with no homes directly behind, creating open views and room to enjoy Arizona sunsets from the patio in the evenings. The home is conveniently located near shopping, dining, golf, and everyday amenities.
Overall, the residence pairs thoughtful interior updates with a relaxed outdoor setting, making it an appealing option for buyers seeking a well-kept income property in a cared-for community.
Outside, the backyard stands out with no homes directly behind, creating open views and room to enjoy Arizona sunsets from the patio in the evenings. The home is conveniently located near shopping, dining, golf, and everyday amenities.
Overall, the residence pairs thoughtful interior updates with a relaxed outdoor setting, making it an appealing option for buyers seeking a well-kept income property in a cared-for community.
Key Highlights
- Duplex home in Sun Air Estates, built in 1973
- Updated kitchen with ample cabinet space
- Move‑in ready and well maintained with abundant natural light
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.1k | $18.60 |
| − Vacancy | −$1.4k | −$1.40 |
| EGI | $17.6k | $17.21 |
| − OpEx | −$5.3k | −$5.16 |
| NOI | $12.3k | $12.04 |
1,025 SF · lease $18.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$176.4K
$154.3K – $205.8K
NOI $12,345 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$164.1K
$143.6K – $191.5K
NOI $11,489 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$252.4K
$220.8K – $294.4K
NOI $17,665 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in ready duplex in Sun Air Estates with an updated kitchen, abundant natural light, and a patio overlooking open backyard views.
Where is this duplex located?
The property is located at 10110 N 97TH Drive A Peoria, AZ.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Duplex home in Sun Air Estates, built in 1973; Updated kitchen with ample cabinet space; Move‑in ready and well maintained with abundant natural light
