2210 W HEATHERBRAE Drive, Phoenix, AZ 85015

$550,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 3 Status: Active
Current Price: $550,000 Last Modified: 8/11/2026

Overview

Description

Great investment opportunity in Central Phoenix! This triplex was recently updated and each unit has a large living room, two-bedrooms, one bathroom, a spacious kitchen, and great backyard space. All three units are fully leased with stable tenants. Good roof (replaced in 2016) and new air-conditioning units (replaced in 2020 & 2024). Make your move now! Drive by only. Do not disturb tenants. Assumable FHA loan, balance $376k at 5.73% rate. 29 years remaining.

Listing Details MLS# 7065237

Location, Tax & Legal

House Number
2210
Compass
W
Street Name
HEATHERBRAE
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85015
Zip4
4969
Country
US
County Code
Maricopa
Subdivision
N/A
Assessor Number
154-29-007-G
Tax Year
2025
Building Number
No
Assessor's Map #
29
Legal Description (Abbrev)
E2 OF FOL DESC PROP BEG AT PT 25' S & 35' W OF NE COR N2 NW4 SW4 SE4 TH S 89:56'56
Assessor's Parcel #
7
Assessor Parcel Ltr
G
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
109003
Taxes
1341
Legal
E2 OF FOL DESC PROP BEG AT PT 25' S & 35' W OF NE COR N2 NW4 SW4 SE4 TH S 89:56'56'' W 110.27' TH S
Marketing Name
Triplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
60' x 140'
Year Built
1963
Total # of Units
3
# of Buildings
Yes
Flood Zone
No
Elementary School District
Alhambra Elementary District
High School District
Phoenix Union High School District
Elementary School
Westwood Elementary School
Jr. High School
Choice Learning Academy
High School
Phoenix Coding Academy
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
NWC of 19th Avenue & Indian School Road
Directions
West on Indian School Rd, North on 23rd Ave, East on Heatherbrae Dr to 2210.

Legal Info

Township
2N
Range
2E
Section
24

2 Bedroom Units

# 2 Bedroom Units
3
Avg Rent
1133.33
Avg SqFt
800
# Baths
Yes

More Information

Structure

Bedrooms Total
6
Bathrooms Total
3

Income Expenses

Gross Annual Sch Inc
40800
Net Operating Income
2800

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
6026334404

Project Type

Tri-Plex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes
Personal Property
Yes

Income & Expenses

Annual Ins Exp
1434
Annual Maint Exp
3685
Annual Wtr/Swr Exp
3120
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
9580
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
40800

Pmt & Rate Info

Cap Rate
0.51
Equity
173949
1st Encumbrance
376051
Down Payment %
0
Monthly Payments
0
1st Interest Rate
5.73
1st Years Remaining
29
Total Owed
376051

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Disposal
Yes
Free-Standing Electric Oven
Yes
Refrigerator
Yes
W/D Hookup
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
>1 Space Per Unit
Yes
Paved
Yes

Electric

SRP
Yes
Submetered System
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

FHA
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Assume - Qualify
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Project Type: Tri-Plex Construction: Block; Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building; Personal Property Community Features: No Pool Appliances Included: Free-Standing Electric Oven; Refrigerator; Disposal; W/D Hookup Heating: Heat Pump Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Submetered System Gas: None Parking Features: >1 Space Per Unit; Free; Paved Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Phone Call Lockbox Type: None Existing 1st Loan: FHA Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Assume - Qualify Existing 2nd Loan Terms: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: Epique Realty
Last Updated: August - 11 - 2026
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