$460,000

2202 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood

Estimated payment $2,669/month

Total Views 1,503
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

Opportunity for a Cash Flowing Triplex in the heart of Phoenix. This brick build features easy to maintain interiors and exteriors, with private back yards, and off street parking. Each unit is 2 bed 1 bath, with washer dryer hookups. Drive by only. Please Do Not Disturb Tenants

Listing Agent

Jason Mendoza

My Rental Superstore License #BR641200000

Co-Listing Agent

Angelo Meleandez

My Rental Superstore License #SA689379000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Assessor Parcel Number 154-29-007-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8276

Building Details

  • Operating Expense $6,869
  • Gross Income $33,950
  • Net Operating Income $18,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,218

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave & Indian School Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Directions: From I 17 exit East on Indian School Rd. From Indian School Road turn Left on N 23rd Ave. Head North and turn Right on Heatherbrae Dr. Property is on the NW corner of Heatherbrae and 22nd Dr.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myre001
  • Co List Office Phone: 480-440-4505
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Free-Standing Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 2600.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8276
  • Additional Parcels: No
  • Parcel #: 154-29-007-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 33950.0
  • Insurance Expense: 1851.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 18156.0
  • Annual Operating Expense: 6869.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1218.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,218 $8,479 -- --
2024 $1,224 $8,075 -- --
2023 $1,224 $31,270 $6,250 $25,020
2022 $1,205 $22,760 $4,550 $18,210
2021 $1,216 $19,120 $3,820 $15,300
2020 $1,169 $16,670 $3,330 $13,340
2019 $1,155 $14,880 $2,970 $11,910
2018 $1,066 $12,730 $2,540 $10,190
2017 $1,053 $11,030 $2,200 $8,830
2016 $1,008 $9,100 $1,820 $7,280
2015 $954 $7,800 $1,560 $6,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $460,000 +100.0% --
05/02/2019 05/02/19 Sold $230,000 +4.5% $90 / Sq Ft
03/21/2019 03/21/19 For Sale $220,000 -- $86 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $225,500 Chicago Title Agency
Quit Claim Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Special Warranty Deed $235,000 Chicago Title Insurance Co
Warranty Deed -- First American Title Ins Co
Warranty Deed $200,700 Security Title
Warranty Deed $200,700 Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $171,300 New Conventional
Previous Owner $169,125 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Previous Owner $18,000 Stand Alone Second
Previous Owner $96,000 No Value Available
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6848240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-007A