MLS# 6994764 – 1540 W Mercer Lane Unit 1-4, Phoenix, AZ 85029

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$920,000 - Br/Ba - for Sale in Muy Felices Casas Lt 1-20 Tr A-g, Phoenix
Price: $920,000
Units: 4
Property Type: Multiple Dwellings
Status: Active
Year Built: 1984
Neighborhood: Muy Felices Casas Lt 1-20 Tr A-g
Days on Website: 57

Courtesy of ProSmart Realty

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Property 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.

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Property Details and Features

  • Appliances & Equipment
  • “Disposal”
  • “Dishwasher”
  • “Refrigerator”
  • “Free-Standing Electric Oven”
  • “Microwave”
  • “Washer/Dryer”
  • Building
  • Built in 1984
  • Construction materials: “Wood Frame”, “Stucco”
  • 4 total units
  • Cooling
  • “Central Air”
  • Expenses
  • Insurance: $2,701
  • Floors
  • “Tile”
  • “Carpet”
  • Heating
  • “Forced Air”
  • Listing
  • Listing ID: 6994764
  • Standard status: Active
  • 54 days on market
  • Location
  • Subdivision name: MUY FELICES CASAS LT 1-20 TR A-G
  • Parking
  • “Detached Carport”
  • “Carport”
  • 8 total parkings
  • Property
  • Zoning: 4-plex
  • Schools
  • High school district: Glendale Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,885
  • Lot: 8
  • Utilities
  • “APS”
  • “Individual Meter”

Property Map

$920,000 – 1540 W Mercer Lane Unit 1-4, Phoenix, AZ 85029

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Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Request More Information

Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

Schedule a Showing

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This content last updated on May 2, 2026 3:25PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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