1540 W Mercer Lane 1-4 Phoenix, AZ 85029
Listing Courtesy of: Arizona Regional MLS / Prosmart Realty

  1540 W Mercer Lane 1-4 Phoenix, AZ 85029

Active (31 Days)
$920,000 (USD)
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Description

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.

MLS #:
6994764
Taxes
$1,885
Type
Multifamily
Year Built
1984
County
Maricopa County

Listed By

Shelby Sink, Prosmart Realty
Source
Arizona Regional MLS
Last checked Apr 5 2026 at 10:36 AM MST
Bathroom Details
Heating and Cooling
  • Forced Air
  • Central Air
Flooring
  • Carpet
  • Tile
Exterior Features
  • Stucco
  • Wood Frame
  • Roof: Other
Utility Information
  • Sewer: Public Sewer
Parking
  • Detached Carport
  • Carport
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listing Data Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All Rights reserved
Information Deemed Reliable but not Guaranteed.
ARMLS Last Updated: 4/5/26 03:36.
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