2101 W HEATHERBRAE Drive Phoenix, AZ ^$ 750,000

2101 W HEATHERBRAE Drive

^$ 750,000

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2101 W HEATHERBRAE Drive

Phoenix, AZ, 85015

^$ 750,000

Studio Baths0.0

Monthly Estimate*

^$ 4,679

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $750,000. This home was built in 1963.

Newly renovated fourplex in West-Central Phoenix, ideal for investors seeking a stabilized asset with minimal maintenance. Each of the four 2BD/1BA units (approx. 700 SF) has been tastefully updated with modern finishes, new flooring, stainless steel appliances, and in-unit washer/dryer. Property improvements include new landscaping with turf and drip system, upgraded parking, new gates, security cameras, and water heaters. Sitting on a 12,332 SF R-3 zoned lot, the property offers strong curb appeal and excellent functionality. Three units are occupied with one available—offering flexibility for an owner-occupant or to achieve market rent. Prime location near the I-17 freeway, Grand Canyon University, and major employment hubs.

Multi-Family Contingent

Price

^$ 750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,695

Style

Multiple Dwellings

Year Built

1963

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6942801

Features

General

Sewer Public Sewer

Heating Electric

Cooling Individual

Roof Other

Zoning R-3

Construction Materials Painted Block

Year Built 1963

Electric SRP

Township 2N

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 68970.0

Community Features No Pool

County Maricopa

Net Operating Income 58209.0

Operating Expense 10590.0

Insurance Expense 1983.0

Property Type Multiple Dwellings

Attached Garage N

MaintenanceExpense 1500.0

Subdivision Name INDIAN WELLS

Garage Y/N N

Status UCB (Under Contract-Backups)

City Phoenix

Disclosures Other (See Remarks)

High School District Phoenix Union High School District

Open Parking Spaces 4.0

Number Of Units Total 4

Lot Size Square Feet 0.0

Carport Y/N N

Tax Annual Amount 1695.0

Water Sewer Expense 3612.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active Under Contract

Elementary School District Alhambra Elementary District

Tax Lot 12

Cap Rate 7.76

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Paved

Water Source City Franchise

Total Parking 4.0

Lot Size Area 0.0

Number of Buildings 1

Spa N

Lot Dimensions 91 x 103

Lot Size Acres 0.0

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2101

* Excluded Features

List By

Compass

Broker

blake.mallery@compass.com

Affordability Calculator

$4,820

Per Month

Monthly Principal & Interest: $4,679
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Interest Rate

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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.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,206,922

Percent of Sale Price 61%

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
11/4/2025	$750,000		Listed Price

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2101 W HEATHERBRAE Drive, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $750,000. 2101 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 12/10/2025.

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2101 W HEATHERBRAE Drive

Multi-Family Home for sale in Phoenix, AZ

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