2140 W Heatherbrae Dr Phoenix, AZ 85015
Alhambra NeighborhoodEstimated payment $2,554/month
Highlights
- Outdoor Storage
- Desert Landscape
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Two cooling system units
About This Home
2140 W Heatherbrae is a high-demand, cash-flowing 3-unit multifamily property in Midtown Phoenix (85015). Featuring one single-story triplex with large 2-bed/1-bath units on a ±8,486 SF lot, it offers immediate rental upside and value-add potential for 1031 buyers.
PROPERTY HIGHLIGHTS:
UNITS: Three spacious 2-bed/1-bath layouts (1963 build).
LAYOUT: One single-story triplex with private patios.
FINANCIALS: Cash-flowing with strong value-add potential.
PARKING & UTILITIES: 5 open spaces; individually metered electricity.
LOCATION: Infill lot in Midtown Phoenix, near the 19th Ave / Camelback Light Rail.
ACCESS: Minutes to I-17, I-10, SR-51, and Sky Harbor Airport.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,627
Year Built
- Built in 1963
Lot Details
- Desert Landscape
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- 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
- 6 Bedrooms
- Outdoor Storage
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 Units
- Building Dimensions are 65 ft x 131 ft
- Puccinelli Place Subdivision
Building Details
- Operating Expense $11,551
- Gross Income $44,460
- Net Operating Income $32,911
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 |
|---|---|---|---|---|
| 09/18/2026 09/18/26 | Price Changed | $1,245,000 | +192.9% | -- |
| 09/17/2026 09/17/26 | Price Changed | $425,000 | -3.4% | -- |
| 09/11/2026 09/11/26 | Price Changed | $440,000 | -5.4% | -- |
| 09/02/2026 09/02/26 | For Sale | $465,000 | -66.3% | -- |
| 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: 7074943
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.