2140 W Heatherbrae Dr Phoenix, AZ 85015
Alhambra NeighborhoodEstimated payment $7,969/month
Highlights
- Patio
- Two cooling system units
- Heating System Uses Natural Gas
- Outdoor Storage
- Desert Landscape
About This Home
The Heatherbrae 9 Portfolio is a prime, cash-flowing nine-unit multifamily property in Midtown Phoenix (85015). Featuring seven 2-bed/1-bath and two 1-bed/1-bath units across three single-story triplexes on a ±25,356 SF corner lot, it offers immediate rental upside and value-add potential.
PROPERTY HIGHLIGHTS:
- UNIT MIX: Seven 2-bed/1-bath, two 1-bed/1-bath (1963 build).
- LAYOUT: Three detached single-story triplexes with private patios.
- PARKING: 14 spaces (2 covered) plus on-site laundry.
- UTILITIES: Individually metered electricity.
LOCATION & TRANSIT:
- COMMUTE: 5.5 miles to Downtown Phoenix; 9.4 miles to Sky Harbor Airport.
- TRANSIT: Under 1 mile to the Valley Metro Light Rail; instant I-17 access.
- NEIGHBORHOOD: Walkable Midtown corridor near arts, dining, and histo
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,604
Year Built
- Built in 1963
Lot Details
- Desert Landscape
- Additional Parcels
Home Design
- Wood Frame Construction
- Shake Roof
- Foam Roof
- Block Exterior
Bedrooms and Bathrooms
- 16 Bedrooms
Parking
- 12 Open Parking Spaces
- 14 Parking Spaces
- 2 Covered Spaces
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Choice Learning Academy Middle School
- Central High School
Utilities
- Two cooling system units
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for water, sewer, gas, trash collection, landscaping
- Tax Lot 9
- Assessor Parcel Number 154-29-028
Community Details
Overview
- 3 Buildings
- 9 Units
- Building Dimensions are 196 ft x 65 ft
- Puccinelli Place Subdivision
Building Details
- Operating Expense $31,448
- Gross Income $128,820
- Net Operating Income $94,672
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,627 | $10,292 | ||
| 2024 | $1,485 | $9,802 | ||
| 2023 | $1,485 | $36,120 | $7,220 | $28,900 |
| 2022 | $1,463 | $27,230 | $5,440 | $21,790 |
| 2021 | $1,476 | $23,510 | $4,700 | $18,810 |
| 2020 | $1,419 | $20,380 | $4,070 | $16,310 |
| 2019 | $1,402 | $17,250 | $3,450 | $13,800 |
| 2018 | $1,294 | $14,810 | $2,960 | $11,850 |
| 2017 | $1,278 | $13,220 | $2,640 | $10,580 |
| 2016 | $1,224 | $11,280 | $2,250 | $9,030 |
| 2015 | $1,158 | $9,530 | $1,900 | $7,630 |
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 |
|---|---|---|---|---|
| 08/13/2026 08/13/26 | For Sale | $1,380,000 | -- | -- |
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 | |
| Special Warranty Deed | $137,750 | None Available | |
| Warranty Deed | $137,750 | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $125,000 | Nations Title Insurance |
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 | |
| Previous Owner | $20,650 | Stand Alone Second | |
| Previous Owner | $110,200 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7066520
APN: 154-29-028
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.
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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Ask me questions while you tour the home.