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$920,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1540 W Mercer Ln #1-4

General

  • Price: $920,000
  • Taxes: $1,885 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6994764
  • Updated: 3/6/2026
  • Added to Site: 28 day(s) ago

Interior

  • Appliances: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
  • Flooring: Tile, Carpet

Parking

  • Parking Features: Detached Carport, Carport

Location

  • County: Maricopa
  • Township: 3N
  • Subdivision: MUY FELICES CASAS LT 1-20 TR A-G
  • Cross Streets: 19th Ave and Peoria

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Water: Submetered System, Master Meter

Structural Information

  • # Buildings: 1
  • Exterior Const.: Wood Frame, Stucco
  • Roof: Other
  • Year Built: 1984

Unit Information

  • Vacancy %: .03

Lot Features

  • Lot Dimensions: .119
  • Frontage: Asphalt
  • Zoning: 4-plex

Financial Considerations

  • Tax Amount: $1,885
  • Tax Year: 2025
  • Terms: Conventional, FHA, VA Loan
  • Owner Pays: Trash Collection, Water

Disclosures and Reports

  • Legal Description: LOT 8 MUY FELICES CASAS LT 1-20 TR A-G MCR
  • Property ID: 159-14-074
  • Range: 3E
  • Section: 19
  • Lot Number: 8

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— 1540 W Mercer Ln #1-4 —

  • ProSmart Realty

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Schools serving 1540 W Mercer Ln #1-4

School Districts:Washington Elementary District, Glendale Union High School District
NameGradesDistance
Shaw Butte School
12202 North 21st Avenue, Phoenix, AZ 85029
PK-51 mi
Royal Palm Middle School
8520 North 19th Avenue, Phoenix, AZ 85021
6-81.6 mi
Sunnyslope High School
35 West Dunlap Avenue, Phoenix, AZ 85021
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1540 W Mercer Ln #1-4 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$920,000
132.32%
MLS
10/18/2019
Sold
$396,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1540 W Mercer Ln #1-4

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,885
4%
$64,460
6%
2024
$1,815
2%
$60,600
-8%
2023
$1,782
3%
$65,620
36%
2022
$1,724
—
$48,210
57%
2022
$1,724
-1%
$30,730
21%
2021
$1,746
3%
$25,500
12%
2020
$1,702
2%
$22,770
22%
2019
$1,671
3%
$18,710
18%
2018
$1,627
—
$15,860
2%
2017
$1,619
2%
$15,530
8%
2016
$1,590
8%
$14,430
1%
2015
$1,472
-6%
$14,280
21%
2014
$1,565
26%
$11,810
55%
2013
$1,246
—
$7,630
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1540 W Mercer Lane #1-4, Phoenix, AZ 85029 (MLS# 6994764) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1540 W Mercer Lane #1-4 is currently listed for $920,000 and was received on March 06, 2026. Want to learn more about 1540 W Mercer Lane #1-4? Do you have questions about finding other Multi-Family real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

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