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1540 W MERCER Lane

Phoenix, AZ 85029
Active
Multifamily
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$920,000
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… Read MoreRead Less
Courtesy of ProSmart Realty 480-540-2213
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
1984
MLS Number
6994764
30 Days Snapshot Of 85029
$380k
+1%
(avg) sold price
32
+33%
homes sold
84
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
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"
Parking
"Detached Carport", "Carport", 8 total parkings
Property
Zoning: 4-plex
Sewer
"Public Sewer"
Taxes
Annual amount: $1,885, Lot: 8
Utilities
"APS", "Individual Meter"
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Monthly Payment
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Leah Burr
REALTOR®
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Schools In The Area

Check out nearby schools with ratings and contact info.
Shaw Butte Elementary School 602-347-4200 Public PK-6
Royal Palm Middle School 602-347-3200 Public 6-8
Sunnyslope High School 623-915-8760 Public 9-12
Shaw Butte Elementary School 602-347-4200 Public PK-6
Shaw Butte Elementary School 602-347-4200 Public PK-6
Royal Palm Middle School 602-347-3200 Public 6-8
Shaw Butte Elementary School 602-347-4200 Public PK-6
Sunnyslope High School 623-915-8760 Public 9-12

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