Courtesy of ABI Multifamily
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
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Free-Standing Range
- Free-Standing Gas Oven
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Bathrooms
- 9 total bathrooms
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Bedrooms
- 16 total bedrooms
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Building
- Built in 1963
- 3 buildings
- Construction Materials: Wood Frame, Painted, Block, Slump Block
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Community
- No Pool
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Cooling
- Central Air
- Electric
- Individual
- 2 or More Units
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Disclosures
- None
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Expenses
- Gardener: $1,800
- Insurance: $7,200
- Maintenance: $4,500
- Operating: $31,448
- Other Expense: $6,903
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Floors
- Vinyl
- Concrete
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Heating
- Natural Gas
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Income
- Gross Income: $128,820
- Gross ScheduledIncome: $135,600
- Net Operating Income: $94,672
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Listing
- Listing ID: 7066520
- Standard Status: Active
- MLS Status: Active
- 22 days on market
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Location
- Subdivision: PUCCINELLI PLACE
- County/Parish: Maricopa
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Lot
- Dimensions: 196 ft x 65 ft
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Owner Pays
- Gas
- Trash Collection
- Water
- Sewer
- Landscaping
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Parking
- 2 covered spaces
- 12 open parking spaces
- 14 total parking spaces
- >1 Space Per Unit
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Roof
- Foam
- Shake
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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
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Sewer
- Sewer-In & Connected
- Public Sewer
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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
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 5, 2026 6:38AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.