2140 W Heatherbrae Drive, Phoenix, AZ 85015

Phoenix
Local realty services provided by:ERA Brokers Consolidated
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...

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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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