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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 Market329

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%

Site & Location

Neighborhood Encanto
Highway Access Yes

Units

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

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: Dec 4, 2025 Changed: Oct 25 Last Checked: Oct 14 at 9:49PM

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

Rey
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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

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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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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