- $920k Price
1540 W Mercer Lane (unit 1-4)
Great investment potential. 3 units have had long term tenents, one since 2017. 3% Vacancy rate over time mostly due to a complete rennovation of unit 4 in September 2025. All new wood plank tile, new bath tub surrounds, new bath room vanities, all new light fixtures and bathroom accessories. Completely renovated kitchen with updated shaker cabinets, counter top, kitchen sink and faucet. All units have in unit full size washer and dryer. The ground units have small back yard.
Essential Information
- MLS® #6994764
- Price$920,000
- Year Built1984
- TypeMultiple Dwellings
- StatusActive
Community Information
- Address1540 W Mercer Lane (unit 1-4)
- CityPhoenix
- CountyMaricopa
- StateAZ
- Zip Code85029
Subdivision
MUY FELICES CASAS LT 1-20 TR A-G
Amenities
- AmenitiesPool
- Parking Spaces8
- ParkingDetached Carport, Carport
- Has PoolYes
Interior
- HeatingForced Air
- CoolingCentral Air
Appliances
Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
Exterior
- RoofOther
- ConstructionWood Frame, Stucco
School Information
District
Glendale Union High School District
Additional Information
- Zoning4-plex
Listing Details
- OfficeProSmart Realty
ProSmart Realty.
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 March 7th, 2026 at 7:14am MST.