$369,900
$40K PRICE DROP

553 W Esperanza Ave Ajo, AZ 85321

Estimated payment $2,155/month

Total Views 12,540
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Ajo Elementary School Rated 9+
  • Ceiling Fan

About This Home

Excellent opportunity for a 10 Unit Apartment Complex investment at Montecito Manor Apartments. Next to the New Border Patrol Housing, The Curley School and a short distance to The Plaza. All units 2/1 with a living room and eat-in kitchen. on two buildings and a laundry, which can be coin operated for additional income. Huge Parcel at 1.634 Acres. In the small town of Ajo deep in the Sonoran Desert, 43 miles north of the Mexican border, with an easy drive to Rocky Point. Additional concrete slab, which can be turned into storage units for more potential income or covered parking. Possibilities are endless with this 10 unit investment opportunity. multiple options to use as AirBNB, short term rental or long term rentals. Priced to sell!

Listing Agent

Juan Hernandez Borja

eXp Realty License #SA678137000 Listed on: 11/04/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,422

Year Built

  • Built in 1944

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tax Lot 0000D
  • Assessor Parcel Number 401-55-472-E

Community Details

Overview

  • 2 Buildings
  • 10 Units
  • Building Dimensions are N/A
  • New Corneila Add Subdivision

Building Details

  • Operating Expense $2,422

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,422

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: Esperanza & 3rd
  • Legal Info Range: 60
  • Property Type: Multiple Dwellings
  • Zoning: CR4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1944
  • Tax Year: 2024
  • Subdivision Name: NEW CORNEILA ADD
  • Tax Parcel Letter: E
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: City Electric
  • Cooling: Ceiling Fan(s), See Remarks, Individual
  • Heating: See Remarks, Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Junior High Dist: Ajo Unified District
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Lot Size: N/A
  • Additional Parcels: No
  • Parcel #: 401-55-472-E

Multi Family

  • Owner Pays: Gas, Electricity, Water, Sewer
  • Number Of Units Total: 10
  • Annual Operating Expense: 2422.0
  • Vacancy Allowance Rate: 10.0

Tax Info

  • Tax Annual Amount: 2422.0
  • Tax Book Number: 401.00
  • Tax Lot: 0000D

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 Prior Sale
11/05/2025 11/05/25 Price Changed $369,900 -6.1% --
05/23/2025 05/23/25 Price Changed $393,900 -1.3% --
01/20/2025 01/20/25 Price Changed $398,900 -0.2% --
01/12/2025 01/12/25 Price Changed $399,600 -2.5% --
11/04/2024 11/04/24 For Sale $410,000 -6.8% --
03/01/2022 03/01/22 Sold $440,000 -11.8% $880 / Sq Ft View Prior Sale
01/12/2022 01/12/22 Price Changed $499,000 -13.8% $998 / Sq Ft
11/11/2021 11/11/21 For Sale $579,000 -- $1,158 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6779573

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

553 W Esperanza Ave, 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
Listing Agent
Juan Hernandez Borja
Section Image
eXp Realty
(520) 779-5681