MLS# 7066520 – 2140 W Heatherbrae Drive, Phoenix, AZ 85015

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$1,380,000 - 16Br/Ba - for Sale in Puccinelli Place, Phoenix
Price: $1,380,000
Units: 9
Status: Active
Year Built: 1963
Neighborhood: Puccinelli Place
Days on Website: 22

Courtesy of ABI Multifamily

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Property Description

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 histor

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Free-Standing Range
  • Free-Standing Gas Oven
  • Bathrooms
  • 9 total bathrooms
  • Bedrooms
  • 16 total bedrooms
  • Building
  • Built in 1963
  • 3 buildings
  • Construction Materials: Wood Frame, Painted, Block, Slump Block
  • Community
  • No Pool
  • Cooling
  • Central Air
  • Electric
  • Individual
  • 2 or More Units
  • Disclosures
  • None
  • Expenses
  • Gardener: $1,800
  • Insurance: $7,200
  • Maintenance: $4,500
  • Operating: $31,448
  • Other Expense: $6,903
  • Floors
  • Vinyl
  • Concrete
  • Heating
  • Natural Gas
  • Income
  • Gross Income: $128,820
  • Gross ScheduledIncome: $135,600
  • Net Operating Income: $94,672
  • Listing
  • Listing ID: 7066520
  • Standard Status: Active
  • MLS Status: Active
  • 22 days on market
  • Location
  • Subdivision: PUCCINELLI PLACE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 196 ft x 65 ft
  • Owner Pays
  • Gas
  • Trash Collection
  • Water
  • Sewer
  • Landscaping
  • Parking
  • 2 covered spaces
  • 12 open parking spaces
  • 14 total parking spaces
  • >1 Space Per Unit
  • Roof
  • Foam
  • Shake
  • Schools
  • Elementary School: Westwood Elementary School
  • Elementary School District: Alhambra Elementary District
  • Middle School: Choice Learning Academy
  • High School: Central High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Sewer-In & Connected
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 154-29-028
  • Public Survey Range: 2E
  • Public Survey Section: 24
  • Annual Amount: $4,604
  • Tax Book Number: 154.00
  • Legal Description: LOT 9 PUCCINELLI PLACE MCR 007308
  • Lot: 9
  • Year: 2025
  • Zoning: R-3, Phoenix
  • Utilities
  • Water Source: City Franchise
  • APS

Property Map

$1,380,000 – 2140 W Heatherbrae Drive, Phoenix, AZ 85015

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Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Request More Information

Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Schedule a Showing

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This content last updated on September 5, 2026 5:48AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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