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● For sale

$920,000

1540 W MERCER Lane 1-4, Phoenix, AZ 85029

MUY FELICES CASAS LT 1-20 TR A-G · Maricopa County

Built 1984 No HOA

87 days on market

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.

Property details

Interior

Bathrooms

Total Bathrooms: 0

Appliances

Refrigerator
Dishwasher
Disposal
Microwave
Washer/Dryer
Free-Standing Electric Oven

Heating and Cooling

Cooling Features: Central Air
Heating Features: Forced Air

Exterior

Land Info

Lot Size Dimensions: 0.119

Garage and Parking

Attached Garage: No
Parking Features: Carport, Detached Carport

Community

Neighborhood

Subdivision: MUY FELICES CASAS LT 1-20 TR A-G

Listing

Other Property Info

Annual Tax Amount: $1,885
Source Listing Status: Active
County: Maricopa
Directions: Heading north on 19th Ave just north of Peoria take a right on Sahuaro Dr, take a left of N 15th lane to enter into the complex, unit on the North West corner of Mercer and 15th.
Parcel Number: 159-14-074
Zoning: 4-plex
Postal City: Phoenix
Listing Date: 3/6/2026
MLS#: 6994764

Features

Building and Construction

Year Built: 1984
Property Age: 42
Construction Materials: Wood Frame, Stucco
Roof: Other

Utilities

Water Source: Master Meter, Submetered System

Contact Us

Ask a question or schedule a showing

Listed by Shelby Sink ProSmart Realty

Listing updated: March 26, 2026

MLS#: 6994764

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