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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
Questions?

2140 W Heatherbrae Drive, Phoenix, AZ – $499,900

  • $500k Price
  • $500k Price

2140 W Heatherbrae Drive

Six on Heatherbrae presents a compelling value-add multifamily investment consisting of spacious two-bedroom, one-bath units, each featuring central air conditioning and private, generously sized backyards--an increasingly rare amenity in this asset class. The property is fully gated, offering enhanced security and tenant appeal. Current rents are significantly below market at approximately $995 per unit, all on month-to-month leases, providing immediate upside. With strategic renovations, rents are projected to achieve $1,300 to $1,450 per unit, creating a clear path to increased cash flow and asset appreciation. An on-site laundry facility offers additional income potential and operational efficiency. The offering includes two triplex buildings combined purchase price: $999,900. * 2140 W Heatherbrae - $499,900 must be purchased together * 2144 W Heatherbrae - $499,900 must be purchased together Additionally, the adjacent property at 2134 W Heatherbrae will be coming to market at $499,900, presenting a rare opportunity to acquire all three triplexes (9 total units) for a combined price of $1,499,000. The property is centrally located with strong rental demand drivers and accessibility. Financing options include conventional and commercial loan structures. All facts and figures are approximate. Buyer to verify all information. Seller is Holds an active real estate Brokers license in AZ and FL

Essential Information

  • MLS® #7010114
  • Price$499,900
  • Year Built1963
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address2140 W Heatherbrae Drive
  • SubdivisionPUCCINELLI PLACE
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85015

Amenities

  • AmenitiesSee Remarks
  • Parking Spaces9
  • ParkingAdd'l Parking Avail, Carport

Interior

  • HeatingElectric
  • CoolingElectric, Individual

Appliances

Refrigerator, Free-Standing Gas Oven

Exterior

  • RoofComposition, Foam
  • ConstructionWood Frame, Stucco

School Information

District

Phoenix Union High School District

Additional Information

  • ZoningR-3

Listing Details

  • OfficeGet Multifamily
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Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on April 27th, 2026 at 7:58am MST.