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Renovated Fourplex
For Sale
$750,000
Pending

2101 W HEATHERBRAE Drive, Phoenix, AZ 85015

Four updated two-bedroom apartments with in-unit laundry, refreshed finishes, and secured property improvements.

Property SizeContact for details
Lot Size0.28 Acres
Days on Market302

Property Features for 2101 W HEATHERBRAE Drive

General Information

Standard status Pending
Lot size 0.28 Acres
Property subtype Multi Family
Zoning R-3
Occupancy 75%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,695

Amenities

in-unit washer/dryer
security cameras

Building Details

Year Built 1963
Listing Agency: Compass
Listed By: Blake Mallery · License #SA680838000
Source: Exitrealty
Added: Nov 4, 2025 Changed: Aug 30 Last Checked: Aug 30 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This renovated fourplex contains four two-bedroom, one-bath units, each measuring approximately 700 SF. Interior improvements include contemporary finishes, new flooring, stainless steel appliances, and in-unit washer/dryer. Exterior work includes turf landscaping with a drip irrigation system, upgraded parking, new gates, security cameras, and water heaters.

The property occupies a 12,332 SF R-3 zoned lot at 2101 W Heatherbrae Drive in Phoenix. Three apartments are occupied while one is available, creating an option for an owner-occupant or continued leasing. The location provides access to I-17 and is near Grand Canyon University and major employment hubs.

Key Highlights

  • Four 2BD/1BA units, each approximately 700 SF
  • Renovated interiors with new flooring and stainless steel appliances
  • In‑unit washer/dryer in every apartment

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
75%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

814
Businesses Nearby

Demographics for 85015, AZ

41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four updated two-bedroom apartments with in-unit laundry, refreshed finishes, and secured property improvements.
Where is this quadplex located?
The property is located at 2101 W HEATHERBRAE Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four 2BD/1BA units, each approximately 700 SF; Renovated interiors with new flooring and stainless steel appliances; In‑unit washer/dryer in every apartment
More about this property
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