2140 W HEATHERBRAE Drive Phoenix, AZ $ 465,000
2140 W HEATHERBRAE Drive
$ 465,000
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2140 W HEATHERBRAE Drive

Phoenix, AZ, 85015
$ 465,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,936

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Multi-Family Home for sale in Phoenix, AZ

for $465,000 with 6 bedrooms. This home was built in 1963.

2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers. PROPERTY HIGHLIGHTS: UNITS: Three spacious 2-bed/1-bath layouts (1963 build). LAYOUT: One single-story triplex with private patios. FINANCIALS: Cash-flowing with strong value-add potential. PARKING & UTILITIES: 5 open spaces; individually metered electricity. LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail. ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.

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Multi-Family Active

Price

$ 465,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 1,627

Style

Multiple Dwellings

Year Built

1963

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7074943

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Natural Gas
Cooling Central Air Electric Individual 2 or More Units
Roof Composition
Zoning R-3 Phoenix
Construction Materials Wood Frame Painted Block Slump Block
Year Built 1963
Electric APS Individual Meter
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 44460.0
Community Features No Pool
County Maricopa
Net Operating Income 32911.0
Operating Expense 11551.0
Insurance Expense 2400.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1500.0
Subdivision Name PUCCINELLI PLACE
Garage Y/N N
Status Active
Directions From 19th Avenue & Camelback Road west on Camelback to 23rd Avenue. Turn left and head south to Glenrosa. Turn left and head east to 22nd Avenue. Turn right and head south to Heatherbrae. Property on
High School Central High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 5.0
Number Of Units Total 3
Carport Y/N N
Elementary School Westwood Elementary School
Tax Annual Amount 1627.0
Electric Expense 0.0
Fuel Expense 0.0
Middle/Junior High School Choice Learning Academy
Trash Expense 0.0
Water Sewer Expense 0.0
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 9
Cap Rate 7.08
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Vinyl Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 6
Total Baths 3
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Exterior
Parking Features Add'l Parking Avail >1 Space Per Unit On Street
Water Source Master Meter City Franchise
Total Parking 5.0
Number of Buildings 1
Spa N
Lot Dimensions 65 ft x 131 ft
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2140
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* Excluded Features
List By
Abi Multifamily

Broker

natan@natanjacobs.com

Email

Affordability Calculator

$3,072
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,936
Monthly Property Taxes
$136
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4902895 Elementary School
4904138 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2026$465,000 Listed Price

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2140 W HEATHERBRAE Drive, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $465,000. 2140 W HEATHERBRAE Drive has 6 bedrooms, 0.0 baths, and was built in 1963. The property's zip code is 85015 which is in Phoenix, AZ