1540 W Mercer Lane #1-4, Phoenix, AZ 85029

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1540 W Mercer Lane #1-4,Phoenix, AZ 85029
$920,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: shelby sink
Office: prosmart realty
MLS#:6994764
Source:ARMLS

Price summary

  • Price:$920,000

About this home

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.

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Home facts

  • Year built:1984
  • Listing ID #:6994764
  • Updated:June 04, 2026 at 02:42 PM

Rooms and interior

  • Flooring:Carpet, Tile

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Construction Materials:Stucco

Utilities

  • Water:Master Meter, Submetered System

Finances and disclosures

  • Price:$920,000
  • Tax amount:$1,885 (2025)

Parking

  • Total parking spaces:8
  • Parking description:Carport
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