Residential Income
For Sale
$210,000
Pending
10110 N 97TH Drive A, Peoria, AZ 85345
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 Market227
Property Features for 10110 N 97TH Drive A
General Information
Standard status
Pending
Size
1,025 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Country Meadows
Taxes and HOA fees
Annual Taxes
$527
Amenities
backyard
patio
Building Details
Year Built
1973
Listing Agency:
Century 21 Toma Partners
(602) 954-2000
Listed By:
Aaron Le · License #SA695412000
(623) 986-2952
Source:
Exitrealty
Added: Mar 13
Changed: Sep 10
Last Checked: Oct 24 at 3:51PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$12,345
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,900
$246.9K
Cap Rate 7%
$176,357
$176.4K
Cap Rate 9%
$137,167
$137.2K
Market Conditions
NOI Build-Up for 1,025 SF
Gross rent
$19.1K $18.60/SF
− Vacancy
−$1.4K −$1.40/SF
EGI
$17.6K $17.21/SF
− OpEx
−$5.3K −$5.16/SF
NOI
$12.3K $12.04/SF
Area
Peoria, AZ
Vacancy
7.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,900
Cap Rate 7%
$176,357
Cap Rate 9%
$137,167
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 authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
