$499,900

2140 W HEATHERBRAE Drive, Phoenix, AZ 85015

Multi-Family Home
Built in 1963
—— sqft lot
—— car garage
$——/sqft
Listed 7 days ago

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

Listing Status:: Active
Date Added:: April 7, 2026
Data Last Updated:: April 15, 2026 at 7:06AM
Listing Office:: Get Multifamily : 480-795-7938
Listing Agent:: Sophia J Willets : 561-269-9525
MLS ID:: 7010114

Flooring: Ceramic TileVinyl
A/C: ElectricIndividual
Heating: Electric

Parking: Add'l Parking AvailCarportParking spaces: 9

Roofing: CompositionFoam
General: Wood FrameStucco

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Alhambra Elementary District
County: Maricopa

Zoning: R-315429028

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Sophia J Willets , Get Multifamily

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Westwood Elementary School

4711 N 23rd Ave, Phoenix, AZ, 85015

Grades KG-5

0.60 miles away

Granada Elementary School - East Campus

3022 W Campbell Ave, Phoenix, AZ, 85017

Grades 5-8

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.