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2140 W Heatherbrae Drive, Phoenix, AZ 85015

Phoenix
Local realty services provided by:CENTURY 21 Arizona Foothills
2140 W Heatherbrae Drive,Phoenix, AZ 85015
$499,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sophia j willets, garrett pedicini
Office: get multifamily
MLS#:7010114
Source:ARMLS

Price summary

  • Price:$499,900

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...

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Home facts

  • Year built:1963
  • Listing ID #:7010114
  • Updated:April 07, 2026 at 09:42 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:$499,900
  • Tax amount:$4,604 (2025)

Parking

  • Total parking spaces:9
  • Parking description:Additional Parking Available, Carport
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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