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  3. Peoria, AZ
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  5. 8940 W Olive Ave
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8940 W Olive Ave

8940 W Olive Ave, Peoria, AZ, 85345

YEAR BUILT

1984

# STORIES

1

# TOTAL UNITS

81

UNIT SIZE RANGE

817-1,241 sqft

Description

8940 W Olive Ave is located in Peoria, Arizona, near the intersection of West Peoria Avenue and North 107th Avenue. This low-rise building has one story and features a total of 81 units. The construction was completed in 1984, giving it a classic suburban feel. Nearby, the Agua Fria River adds a scenic touch to the neighborhood with mountain views. Units in this building vary in size from 817 to 1,241 square feet. These units feature either 2 or 3 bedrooms, providing options for different living needs. Recent sales show a lowest sold price of around $208,000, while the average closed price is about $273,580. It takes an average of 171 days for units to sell. Residents enjoy several amenities that enhance daily life. The building includes a clubhouse, a playground, and a rental option for those looking for flexibility. A community pool and fitness center add to the recreational offerings. Vaulted ceilings and outdoor patios or courtyards add to the comfort and style of the units. Nearby, several dining options provide local flavor. Restaurants like Dolce Yogurt and Ramiro's Mexican Food offer a quick bite. Grocery shopping can be done at QuikTrip, which is also quite close. This area supports an active lifestyle with access to shopping and entertainment nearby. The building is a gated community, adding an extra layer of security. The close proximity to Loop 101 ensures easy travel around Peoria and to neighboring areas. The Westgate Entertainment District and State Farm Stadium are just a short drive away, providing venues for fun and relaxation. Overall, this property combines convenience with comfortable living for its residents.

Building ImageMLS ID #4499402
Building ImageMLS ID #4499402
Building Image
Building ImageView Listing

8940 W Olive Ave

8940 W Olive Ave, Peoria, AZ, 85345

YEAR BUILT

1984

# STORIES

1

# TOTAL UNITS

81

UNIT SIZE RANGE

817-1,241 sqft

Description

8940 W Olive Ave is located in Peoria, Arizona, near the intersection of West Peoria Avenue and North 107th Avenue. This low-rise building has one story and features a total of 81 units. The construction was completed in 1984, giving it a classic suburban feel. Nearby, the Agua Fria River adds a scenic touch to the neighborhood with mountain views. Units in this building vary in size from 817 to 1,241 square feet. These units feature either 2 or 3 bedrooms, providing options for different living needs. Recent sales show a lowest sold price of around $208,000, while the average closed price is about $273,580. It takes an average of 171 days for units to sell. Residents enjoy several amenities that enhance daily life. The building includes a clubhouse, a playground, and a rental option for those looking for flexibility. A community pool and fitness center add to the recreational offerings. Vaulted ceilings and outdoor patios or courtyards add to the comfort and style of the units. Nearby, several dining options provide local flavor. Restaurants like Dolce Yogurt and Ramiro's Mexican Food offer a quick bite. Grocery shopping can be done at QuikTrip, which is also quite close. This area supports an active lifestyle with access to shopping and entertainment nearby. The building is a gated community, adding an extra layer of security. The close proximity to Loop 101 ensures easy travel around Peoria and to neighboring areas. The Westgate Entertainment District and State Farm Stadium are just a short drive away, providing venues for fun and relaxation. Overall, this property combines convenience with comfortable living for its residents.

Next

Description

8940 W Olive Ave is located in Peoria, Arizona, near the intersection of West Peoria Avenue and North 107th Avenue. This low-rise building has one story and features a total of 81 units. The construction was completed in 1984, giving it a classic suburban feel. Nearby, the Agua Fria River adds a scenic touch to the neighborhood with mountain views. Units in this building vary in size from 817 to 1,241 square feet. These units feature either 2 or 3 bedrooms, providing options for different living needs. Recent sales show a lowest sold price of around $208,000, while the average closed price is about $273,580. It takes an average of 171 days for units to sell. Residents enjoy several amenities that enhance daily life. The building includes a clubhouse, a playground, and a rental option for those looking for flexibility. A community pool and fitness center add to the recreational offerings. Vaulted ceilings and outdoor patios or courtyards add to the comfort and style of the units. Nearby, several dining options provide local flavor. Restaurants like Dolce Yogurt and Ramiro's Mexican Food offer a quick bite. Grocery shopping can be done at QuikTrip, which is also quite close. This area supports an active lifestyle with access to shopping and entertainment nearby. The building is a gated community, adding an extra layer of security. The close proximity to Loop 101 ensures easy travel around Peoria and to neighboring areas. The Westgate Entertainment District and State Farm Stadium are just a short drive away, providing venues for fun and relaxation. Overall, this property combines convenience with comfortable living for its residents.

8940 W Olive Ave Market Stats Last 12 months

Avg. Listed Price$289,000

Avg. Sale Price$273,580
Year over year list priceUp Arrow1.66%

Year over year sale priceDown Arrow 4.01%
Total Listings1 Listed

Total sold5 Sold
Average Days on Market171 days

Average HOA fees per sqft$8 /monthly
Next

Market Stats

Year over year list priceUp Arrow1.66%

Year over year sale priceDown Arrow4.01%
Total Listings1 Listed

Total sold5 Sold
Average Days on Market171 days

Average HOA fees per sqft$8 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

8940 W Olive Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 13613681722492023-07-14
MLS#: 6561220
Closed$305,000
Unit 1717102222482022-09-01
MLS#: 6434268
Closed$312,000
Unit 11102222482022-08-18
MLS#: 6427005
Closed$310,000
Unit 1
1

2 Beds

2 Baths

1022 sqft


DateStatusPrice
2022-08-18Closed$310,000
MLS#: 6427005
Days On Market48
Unit 136
136

2 Beds

2 Baths

817 sqft


DateStatusPrice
2023-07-14Closed$305,000
MLS#: 6561220
Days On Market49
Unit 17
17

2 Beds

2 Baths

1022 sqft


DateStatusPrice
2022-09-01Closed$312,000
MLS#: 6434268
Days On Market48
View Complete Unit Listing HistorySource By: ARMLS

Amenities

One of the standout features of living at 8940 W Olive Ave is the community amenities that add value to your lifestyle. Enjoy time with friends and family at the spacious clubhouse, work on your fitness goals in the well-equipped fitness center, or let the kids play at the dedicated playground. Plus, if you're considering renting out your unit at some point, the building's rental policy is a welcome bonus for investors and future buyers alike!

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Amenities Description

One of the standout features of living at 8940 W Olive Ave is the community amenities that add value to your lifestyle. Enjoy time with friends and family at the spacious clubhouse, work on your fitness goals in the well-equipped fitness center, or let the kids play at the dedicated playground. Plus, if you're considering renting out your unit at some point, the building's rental policy is a welcome bonus for investors and future buyers alike!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Fitness Center
Fitness Center
Check Icon
Visitors Parking
Visitors Parking
Next

Amenities

Fitness Center

Fitness Center

Security System

Security System

Patio

Patio

Policies

While the specifics regarding building policies aren’t detailed, many condos like this one typically maintain tenant-friendly rules that foster a vibrant community atmosphere. If you enjoy a lively neighborhood, you’ll appreciate the community spirit often found in condo living.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
8940 W Olive Ave-$8 /sqft.
10100 N 89th Ave$232/sqft.$6 /sqft.
10101 N 91st Ave$240/sqft.$7 /sqft.
8161 N 107th Ave$264/sqft.$6 /sqft.
8131 N 107th Ave$257/sqft.$6 /sqft.
6745 N 93rd Ave$192/sqft.$5 /sqft.

Nearby Schools

8940 W Olive Ave is located near 16+ schools throughout Peoria. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Alta Loma Elementary School

C
Public|Grades KG–8
9750 N 87th Ave|0.43 miles away

Cotton Boll Elementary School

C+
Public|Grades KG–8
8540 W Butler Dr|0.73 miles away

Peoria Accelerated High School

D
Public|Grades 9–12
8885 W Peoria Ave|0.85 miles away

Sun Valley Elementary School

C+
Public|Grades KG–8
8361 N 95th Ave|0.9 miles away

Westland School Brighton Campus

C-
Public|Grades KG–12
8632 W Northern Av...|1.02 miles away

Ombudsman - Charter Northwest

--
Public|Grades 9–12
9516 W Peoria Ave ...|1.18 miles away
Next

Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

8940 W Olive Ave is located near 16+ schools throughout Peoria. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Alta Loma Elementary School

C
Public|Grades KG–8
9750 N 87th Ave|Less than 1 Mile Away

Cotton Boll Elementary School

C+
Public|Grades KG–8
8540 W Butler Dr|Less than 1 Mile Away

Peoria Accelerated High School

D
Public|Grades 9–12
8885 W Peoria Ave|Less than 1 Mile Away

Sun Valley Elementary School

C+
Public|Grades KG–8
8361 N 95th Ave|Less than 1 Mile Away

Westland School Brighton Campus

C-
Public|Grades KG–12
8632 W Northern Av...|1.02 Miles Away

Ombudsman - Charter Northwest

--
Public|Grades 9–12
9516 W Peoria Ave ...|1.18 Miles Away

Edison School of Innovation

--
Public|Grades KG–8
8340 W Northern Av...|1.19 Miles Away

Raymond S. Kellis High School

C
Public|Grades 9–12
8990 W Orangewood ...|1.48 Miles Away

West-Mec - Raymond S. Kellis

--
Public|Grades 7–12
8990 W Orangewood ...|1.51 Miles Away

Peoria High School

C+
Public|Grades 9–12
11200 N 83rd Ave|1.55 Miles Away

Peoria Ecampus

--
Public|Grades KG–12
6625 W Cholla St|1.55 Miles Away

West-Mec - Peoria High School

--
Public|Grades 7–12
11200 N 83rd Ave|1.55 Miles Away

Peoria Flex Academy

D-
Public|Grades 8–12
7565 W Peoria Ave ...|1.55 Miles Away

Santa Fe Elementary School

C
Public|Grades KG–8
9880 N 77th Ave|1.57 Miles Away

Cheyenne Elementary School

D
Public|Grades KG–8
11806 N 87th Ave|1.70 Miles Away

Academy of Math and Science Peoria Advanced

--
Public|Grades KG–8
7785 W Peoria Ave|1.71 Miles Away

Transit

With nearby public transportation, 8940 W Olive Ave offers strong connectivity across Peoria. Access to Bus within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

83rd Av & 9500 North

0.84 miles away|17 min walk

83rd Av & Alice Av

0.87 miles away|17 min walk

83rd Av & Belmont Av

1.61 miles away|31 min walk

83rd Av & Butler Dr

0.98 miles away|19 min walk

83rd Av & Calle De Montalvo

1.59 miles away|31 min walk

83rd Av & Cherry Hills Dr

1.91 miles away|37 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

With nearby public transportation, 8940 W Olive Ave offers strong connectivity across Peoria. Access to Bus within a 2-mile radius supports efficient commuting. Reliable transit routes improve travel convenience for residents. This location provides practical urban accessibility.

83rd Av & 9500 North

0.84 miles away|17 min walk

83rd Av & Alice Av

0.87 miles away|17 min walk

83rd Av & Belmont Av

1.61 miles away|31 min walk

83rd Av & Butler Dr

0.98 miles away|19 min walk

83rd Av & Calle De Montalvo

1.59 miles away|31 min walk

83rd Av & Cherry Hills Dr

1.91 miles away|37 min walk

83rd Av & Emil Rovey Pkwy

1.99 miles away|39 min walk

83rd Av & Lane Av

1.45 miles away|28 min walk

83rd Av & Leyva Ln

1.85 miles away|36 min walk

83rd Av & Monroe St

1.03 miles away|20 min walk

83rd Av & Mountain View Rd

0.91 miles away|18 min walk

83rd Av & Nicolet Av

1.95 miles away|38 min walk

83rd Av & Northern Av

1.38 miles away|27 min walk

83rd Av & Olive Av

0.83 miles away|16 min walk

83rd Av & Orangewood Av

1.79 miles away|35 min walk

83rd Av & Peoria Av

1.37 miles away|27 min walk

83rd Av & Shangri La Rd

1.52 miles away|30 min walk

83rd Av & Varney Rd

1.63 miles away|32 min walk

83rd Av & Vogel Av

0.9 miles away|18 min walk

83rd Av & Washington St

1.21 miles away|24 min walk

Peoria Av & 101st Av

1.71 miles away|33 min walk

Peoria Av & 102nd Dr

1.85 miles away|36 min walk

Peoria Av & 103rd Av

1.83 miles away|36 min walk

Peoria Av & 77th Av

1.84 miles away|36 min walk

Peoria Av & 79th Av

1.63 miles away|32 min walk

Peoria Av & 81st Av

1.41 miles away|28 min walk

Peoria Av & 83rd Av

1.35 miles away|26 min walk

Peoria Av & 84th Av

1.17 miles away|23 min walk

Peoria Av & 87th Av

0.98 miles away|19 min walk

Peoria Av & 88th Dr

0.93 miles away|18 min walk

Peoria Av & 89th Av

0.92 miles away|18 min walk

Peoria Av & 91st Av

0.92 miles away|18 min walk

Peoria Av & 95th Av

1.14 miles away|22 min walk

Peoria Av & 96th Av

1.15 miles away|23 min walk

Peoria Av & 98th Av

1.34 miles away|26 min walk

Peoria Av & 99th Av

1.44 miles away|28 min walk

Peoria Av & Balboa Dr

1.57 miles away|31 min walk

Peoria Av & Cherry Ln

1.04 miles away|20 min walk

Peoria Av & Cotton Crossing

1.53 miles away|30 min walk

Peoria Av & El Dorado Dr

1.55 miles away|30 min walk

Peoria Av & Pinehurst Dr

1.76 miles away|34 min walk

The Neighbourhood: Pine

Pine is a small community in Maricopa County, Arizona. The area sits near open desert and offers easy access to scenic trails, picnic spots, and wide views. This district has basic shops, a grocery store, cafes, and some local services. Nearby schools and a health clinic serve daily needs, and small parks provide play space. Major roads link the district to larger towns, and transit routes connect to regional hubs. The area hosts seasonal community events and offers quiet spots for walks and bird watching.

Next

Neighbourhood Description

Pine is a small community in Maricopa County, Arizona. The area sits near open desert and offers easy access to scenic trails, picnic spots, and wide views. This district has basic shops, a grocery store, cafes, and some local services. Nearby schools and a health clinic serve daily needs, and small parks provide play space. Major roads link the district to larger towns, and transit routes connect to regional hubs. The area hosts seasonal community events and offers quiet spots for walks and bird watching.

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8940 W Olive Ave Demographics

Age Demographics

0–14 Years

20.7%

15–29 Years

19.86%

30–44 Years

21.08%

45–59 Years

18.07%

60+ Years

20.28%

Commute

0.88%

Transit

1.53%

Walk

88.8%

Drive

0.4%

Bike

Housing Ownership

67.06%

Owner Occupied

32.94%

Rental Units

Household Types

Single Family
35.24%
Multi Family
10.3%
Single Person
26.92%
Multi Person
73.08%

Average Income

Household:$6,486,770.42 /yr

Individual:$2,827,229.24 /yr

Education

Bachelors Degree13.63%
High School College28.06%
Diploma9.71%
Post Graduate7.33%
Others41.29%
Next

Education

Diploma9.71%
Post Graduate7.33%
Others41.29%
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  3. /
    8940 W Olive Ave
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