2134 W HEATHERBRAE Drive Phoenix, AZ ^$ 1,250,000

2134 W HEATHERBRAE Drive

^$ 1,250,000

Back to search

2134 W HEATHERBRAE Drive

Phoenix, AZ, 85015

^$ 1,250,000

Studio Baths0.0

Monthly Estimate*

^$ 7,798

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 1

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 2

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 3

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 4

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 5

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 6

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 7

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 8

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 9

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 10

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 11

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 12

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 13

2134 W HEATHERBRAE Drive, Phoenix, AZ 85015 - Image 14

Studio

Multi-Family Home for sale in Phoenix, AZ

for $1,250,000. This home was built in 1963.

Opportunity to own 9 Units In Central Phoenix Just off Indian School and 1 Block from I-17 with Seller or Residential Financing opportunity for 3 Triplex's. Nice Unit Mix of 7-2 Bedrooms (900+sqft) and 2-1 Bedrooms, Laundry Room. All Units have Large Private Backyards that could have Laundry Hookups. Huge Upside!!! Realistic Conservative Market Rents $1,000 to $1,200 for a Proforma Cap rate of 7.1 . 100% Occupied All On Month to Month leases. 2024 Roof on Building 2134 Seller will also entertain offers for Just 2140 &2144 (6 Units) or 2134 (3 Units) Currently Self Managed, All facts and figures are approximate, Buyer & Buyer agent to verify all facts and figures to their satisfaction.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,229

Style

Multiple Dwellings

Year Built

1963

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6937991

Features

General

Sewer Public Sewer

Heating Electric

Cooling Electric Individual

Roof Composition Foam

Zoning R-3

Construction Materials Wood Frame Stucco

Year Built 1963

Electric APS

Township 2N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 88200.0

Community Features See Remarks

County Maricopa

Net Operating Income 68501.0

Operating Expense 18458.0

Insurance Expense 3000.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 3149.0

Subdivision Name PUCCINELLI PLACE

Garage Y/N N

Status Active

Directions North on 23rd Ave to Heaterbrae Dr East to property on the North side of the street.

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 6.0

Number Of Units Total 9

Carport Y/N N

Tax Annual Amount 1229.0

Water Sewer Expense 10480.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Elementary School District Alhambra Elementary District

Tax Lot 10

Cap Rate 5.48

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Ceramic Tile Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Add'l Parking Avail Carport

Water Source City Franchise

Total Parking 9.0

Number of Buildings 3

Spa N

Lot Dimensions 373' X 196'

Covered Spaces 3.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2134

* Excluded Features

List By

Better Homes & Gardens Real Estate Sj Fowler

Broker

eric@azapartmentssold.com

Affordability Calculator

$7,901

Per Month

Monthly Principal & Interest: $7,798
Monthly Property Taxes: $102
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,164,455

Percent of Sale Price 7%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$1,250,000	-11.97%	Price Down
10/24/2025	$1,420,000		Listed Price

Map

More homes like this one

homes for you

See all

2134 W HEATHERBRAE Drive, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $1,250,000. 2134 W HEATHERBRAE Drive is a studio with 0.0 baths and was built in 1963. The property's zip code is 85015 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2134 W HEATHERBRAE Drive

Multi-Family Home for sale in Phoenix, AZ

Affordability Calculator

Map

More homes like this one

Get more info about this home