$1,250,000
$170K PRICE DROP

2134 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood

Estimated payment $6,678/month

Total Views 2,072
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Opportunity to own 9 Units In Central Phoenix Just off Indian School and 1 Block from I-17 with Seller or Residential Financing opportunity for 3 Triplex's. Nice Unit Mix of 7-2 Bedrooms (900+sqft) and 2-1 Bedrooms, Laundry Room. All Units have Large Private Backyards that could have Laundry Hookups. Huge Upside!!! Realistic Conservative Market Rents $1,000 to $1,200 for a Proforma Cap rate of 7.1 . 100% Occupied All On Month to Month leases. 2024 Roof on Building 2134 Seller will also entertain offers for Just 2140 &2144 (6 Units) or 2134 (3 Units) Currently Self Managed, All facts and figures are approximate, Buyer & Buyer agent to verify all facts and figures to their satisfaction.

Listing Agent

Eric Hegarty

Better Homes & Gardens Real Estate SJ Fowler License #SA650759000 Listed on: 10/22/2025

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1963

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Foam Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 154-29-029

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Building Dimensions are 373' X 196'
  • Puccinelli Place Subdivision

Building Details

  • Operating Expense $18,458
  • Gross Income $88,200
  • Net Operating Income $68,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,229

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: Indian School & 23rd Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Subdivision Name: PUCCINELLI PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Refrigerator, Free-Standing Gas Oven
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition, Foam

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Add'l Parking Avail, Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Fee Information

  • Annual Water Sewer Expense: 10480.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 373' X 196'
  • Additional Parcels: Yes
  • Parcel #: 154-29-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 9
  • Annual Gross Income: 88200.0
  • Insurance Expense: 3000.0
  • Maintenance Expense: 3149.0
  • Property Net Operating Income: 68501.0
  • Annual Operating Expense: 18458.0

Tax Info

  • Tax Annual Amount: 1229.0
  • Tax Book Number: 154.00
  • Tax Lot: 10

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,353 $8,556 -- --
2024 $1,235 $8,149 -- --
2023 $1,235 $29,970 $5,990 $23,980
2022 $1,216 $22,620 $4,520 $18,100
2021 $1,227 $19,700 $3,940 $15,760
2020 $1,180 $17,030 $3,400 $13,630
2019 $1,165 $14,220 $2,840 $11,380
2018 $1,076 $12,170 $2,430 $9,740
2017 $1,062 $10,920 $2,180 $8,740
2016 $1,017 $9,310 $1,860 $7,450
2015 $963 $7,800 $1,560 $6,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $1,250,000 -12.0% --
10/22/2025 10/22/25 For Sale $1,420,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $147,231 Chicago Title Insurance Co
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6937991

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-029

Arizona Maricopa County Phoenix 85015 Alhambra

2134 W Heatherbrae Dr, Phoenix, AZ

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Eric Hegarty
Listing Agent
Eric Hegarty
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Better Homes & Gardens Real Estate SJ Fowler
(480) 329-6083