$949,000
$126K PRICE DROP

355 S Sahuaro St Ajo, AZ 85321

Estimated payment $5,553/month

Total Views 7,053
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Sport Court
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Ajo Elementary School Rated 9+
  • Ceiling Fan
  • Heating Available

About This Home

INCREDIBLE INVESTMENT OPPORTUNITY!
Originally constructed as a school and thoughtfully converted into apartments in 1998, this fully operational 18-unit complex (each 1 bed/1 bath with covered parking) is income-producing from day one. Recent improvements include a new roof, updated exterior paint, and well-maintained interiors.
Situated on just over 5 acres near the copper mine and border, the property offers exceptional expansion potential—County zoning allows for 70+ additional units. Whether you choose to develop more multi-family housing, add storage facilities, or create a KOA-style campground, the possibilities for growth and increased revenue are truly endless.

Listing Agent

Marcela Moat

West USA Realty License #SA511926000 Listed on: 08/12/2025

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,909

Year Built

  • Built in 1973

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Carpet

Parking

  • 50 Open Parking Spaces
  • 68 Parking Spaces
  • Carport
  • Free Parking

Schools

  • Ajo Elementary School
  • Ajo High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 00292
  • Assessor Parcel Number 401-55-292-A

Community Details

Overview

  • 2 Buildings
  • 18 Units
  • Building Dimensions are 5.984 acres
  • New Corneila Add Subdivision

Recreation

  • Sport Court

Building Details

  • Operating Expense $6,909
  • Gross Income $135,184
  • Net Operating Income $100,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,909

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Indian Village & Sahuaro St
  • Legal Info Range: 60
  • Property Type: Multiple Dwellings
  • Zoning: C-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2014
  • Subdivision Name: NEW CORNEILA ADD
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Community Features Sport Court: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Free-Standing Range, Disposal, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 18.0
  • Parking Features: Free, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 68.0
  • General Property Description:Covered Parking Spcs: 18.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 68.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Ceiling Fan(s), Window/Wall Unit
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Sport Court, No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Ajo Elementary School
  • High School: Ajo High School
  • Junior High Dist: Ajo Unified District
  • Middle Or Junior School: Ajo Elementary School

Lot Info

  • Lot Size: 5.984 acres
  • Additional Parcels: No
  • Parcel #: 401-55-292-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Cable TV
  • Number Of Units Total: 18
  • Annual Gross Income: 135184.0
  • Property Net Operating Income: 100000.0
  • Annual Operating Expense: 6909.0
  • Vacancy Allowance Rate: 0.2

Tax Info

  • Tax Annual Amount: 6909.0
  • Tax Book Number: 401.00
  • Tax Lot: 00292

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Price Changed $949,000 -11.7% --
08/12/2025 08/12/25 For Sale $1,075,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6904980

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Pima County Ajo 85321

355 S Sahuaro St, Ajo, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Marcela Moat
Listing Agent
Marcela Moat
Section Image
West USA Realty
(520) 699-0815