$450,000

2134 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood

Estimated payment $2,587/month

4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Patio
  • Desert Landscape
  • Heating System Uses Natural Gas
  • Two cooling system units

About This Home

Three on Heatherbrae is a high-demand, value-add 1963 triplex on a ±8,486 SF lot in Midtown Phoenix, ideal for 1031 exchange investors.

INVESTMENT HIGHLIGHTS:

THE ASSET: One 2B/1B and two 1B/1B single-story units with large private patios.

UPSIDE: Direct rental growth via interior/exterior modernizations.

UTILITIES/PARKING: Individually metered electric, gas ovens, and 4 parking spaces.

LOCATION & TRANSIT: Prime 85015 corridor. Minutes to I-17, 1 mile to Light Rail, ~13 mins to Downtown, and ~14 mins to Sky Harbor Airport. Highly walkable urban hub.

Listing Agent

Natan Jacobs

ABI Multifamily License #BR525576000 Listed on: 08/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Parking

  • 4 Parking Spaces
  • Carport
  • Additional Parking
  • On-Street Parking

Schools

  • Choice Learning Academy Middle School
  • Central High School

Utilities

  • Two cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Meter
  • Master Water Meter

Additional Features

  • 4 Bedrooms
  • Patio
  • Desert Landscape

Listing and Financial Details

  • The owner pays for water, sewer, gas, trash collection, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 154-29-029

Community Details

Overview

  • 3 Units
  • Building Dimensions are 65 ft x 131 ft
  • Puccinelli Place Subdivision

Building Details

  • Operating Expense $11,049
  • Gross Income $39,900
  • Net Operating Income $28,851

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,353

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 19th Avenue & Camelback
  • Property Type: Multiple Dwellings
  • Zoning: R-3, Phoenix
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1995.0
  • Subdivision Name: PUCCINELLI PLACE
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air, Electric, Individual, 2 or More Units
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS, Individual Meter
  • Special:Special: Owner/Agent
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Wood Frame, Slump Block, Painted
  • Roof: Foam
  • Exterior Amenities: Desert Landscaping, Patio/Balcony

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport, On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Carport, On Street, >1 Space Per Unit, Add'l Parking Avail

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Electric, Varies by Unit, 2 or More Units
  • Heating: Natural Gas, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Gas:Gas: Master Meter, SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Choice Learning Academy

Lot Info

  • Lot Size: 65 ft x 131 ft
  • Additional Parcels: No
  • Parcel #: 154-29-029

Multi Family

  • Owner Pays: Water, Sewer, Gas, Trash Collection, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 39900.0
  • Insurance Expense: 2400.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 28851.0
  • Annual Operating Expense: 11049.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1353.0
  • Tax Book Number: 154.0
  • Tax Lot: 10

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2026 08/13/26 For Sale $450,000 -57.1% --
02/17/2026 02/17/26 Sold $1,050,000 -16.0% $507 / Sq Ft View Prior Sale
01/09/2026 01/09/26 Pending -- -- --
12/01/2025 12/01/25 Price Changed $1,250,000 -12.0% $604 / Sq Ft
10/22/2025 10/22/25 For Sale $1,420,000 -- $686 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $350,000 American Title Service Agency
Cash Sale Deed $147,231 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $400,570 Construction
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7066242

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-029

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