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.
Listed By
Agency Name: ProSmart Realty
Agency Phone: 480-540-2213
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 2,472.94 per month $2,047.52 Principal & Interest $157.08 Property Tax $268.33 Homeowner's Insurance
1540 W Mercer Lane, Unit 1-4 | MLS# 6994764
This multi-family property located at 1540 W Mercer Lane, Unit 1-4, Phoenix, AZ 85029 is currently listed for sale with an asking price of $920,000. W Mercer Lane, Unit 1-4 is located within the Glendale Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.