2140 W Heatherbrae Drive, Phoenix, AZ 85015
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
2140 W Heatherbrae Drive,Phoenix, AZ 85015
$999,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: sophia j willets, garrett pedicini
Office: get multifamily
MLS#:7010161
Source:ARMLS
Price summary
- Price:$999,900
About this home
Six on Heatherbrae presents a compelling value-add multifamily investment consisting of spacious two-bedroom, one-bath units, each featuring central air conditioning and private, generously sized backyards--an increasingly rare amenity in this asset class. The property is fully gated, offering enhanced security and tenant appeal.
Current rents are significantly below market at approximately $995 per unit, all on month-to-month leases, providing immediate upside. With strategic renovations, rents are projected to achieve $1,300 to $1,450 per unit, creating a clear path to increased cash flow and asset appreciation. An on-site laundry facility offers additional income potential and operational efficiency. The offering includes two triplex buildings combined purchase price: $999,900.
* 2140 W Heatherbrae - $499,900 must be purchased together
* 2144 W Heatherbrae - $499,900 must be purchased together
Additionally, the adjacent property at 2134 W Heatherbrae will be coming to market at $499,900, presenting a rare opportunity to acquire all three triplexes (9 total units) for a combined price of $1,499,000.
The property is centrally located with strong rental demand drivers and accessibility. Financing options include conventional and commercial loan structures.
All facts and figures are approximate. Buyer to verify all information. Seller is Holds an active real estate Brokers license in AZ and FL...
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Home facts
- Year built:1963
- Listing ID #:7010161
- Updated:April 08, 2026 at 09:43 PM
Rooms and interior
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Electric, Individual Cooling
- Heating:Electric
Structure and exterior
- Year built:1963
- Construction Materials:Stucco
Utilities
- Water:City Franchise
Finances and disclosures
- Price:$999,900
- Tax amount:$3,254 (2025)
Parking
- Total parking spaces:9
- Parking description:Additional Parking Available, Carport
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