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$999,900 Just Listed
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Property Description
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 at $499,900, presenting a rare opportunity to acquire all three triplexes (9 total units) for a combined price of $1,499,000. The property is centrally located with strong rental demand drivers and accessibility. Financing options include conventional and commercial loan structures. All facts and figures are approximate. Buyer to verify all information. Seller is Holds an active real estate Brokers license in AZ and FL
Full Property Details
Full Property Details for 2140 W Heatherbrae Dr
General
- Price: $999,900
- HOA FEE: $3,000
- Taxes: $3,254 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7010161
- Updated: 4/8/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Refrigerator, Free-Standing Gas Oven
- Flooring: Ceramic Tile, Vinyl
Exterior
- Exterior Features: Sidewalk(s)
Parking
- Parking Features: Add'l Parking Avail, Carport
Location
- County: Maricopa
- Township: 2N
- Subdivision: PUCCINELLI PLACE
- Cross Streets: Indian School & 23rd Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Individual
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Stucco
- Roof: Composition, Foam
- Year Built: 1963
Lot Features
- Lot Dimensions: 373' x 196'
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Maint. Fee/Month: $3,000
- Tax Amount: $3,254
- Tax Year: 2025
- Terms: Owner May Carry, Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer, Landscaping
Disclosures and Reports
- Multiple Parcels: Yes
- Property ID: 154-29-028
- Range: 2E
- Section: 24
- Lot Number: 10
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Schools
Schools serving 2140 W Heatherbrae Dr
School Districts:Alhambra Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Westwood Primary School 4711 N 23rd Ave, Phoenix, AZ 85015 | K-5 | 0.6 mi |
Choice Learning Academy 5330 North 23rd Avenue, Phoenix, AZ 85015 | 6-8 | 1.2 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2140 W Heatherbrae Dr
Date
Details
Price
Change
Source
4/07/2026
Listed
$999,900
185.69%
MLS
2/11/2026
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2140 W Heatherbrae Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,627
10%
$52,260
-2%
2024
$1,478
—
$53,200
3%
2023
$1,485
2%
$51,870
44%
2022
$1,463
—
$36,120
33%
2022
$1,463
-1%
$27,230
16%
2021
$1,476
4%
$23,510
15%
2020
$1,419
1%
$20,380
18%
2019
$1,402
8%
$17,250
16%
2018
$1,294
1%
$14,810
12%
2017
$1,278
4%
$13,220
17%
2016
$1,224
6%
$11,280
18%
2015
$1,158
-5%
$9,530
13%
2014
$1,221
26%
$8,410
61%
2013
$966
—
$5,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2140 W Heatherbrae Dr
2140 W Heatherbrae Drive, Phoenix, AZ 85015 (MLS# 7010161) is a Triplex property with 0 bedrooms and 0 full bathrooms. 2140 W Heatherbrae Drive is currently listed for $999,900 and was received on April 07, 2026. Want to learn more about 2140 W Heatherbrae Drive? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

