553 W ESPERANZA Avenue Ajo, AZ ^$ 369,900

553 W ESPERANZA Avenue

^$ 369,900

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553 W ESPERANZA Avenue

Ajo, AZ, 85321

^$ 369,900

Studio Baths0.0

Monthly Estimate*

^$ 2,308

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Studio

Multi-Family Home for sale in Ajo, AZ

for $369,900. This home was built in 1944.

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!

Multi-Family Active

Price

^$ 369,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,422

Style

Multiple Dwellings

Year Built

1944

Town/City

Ajo

County/Region

Pima

MLS | Web ID

6779573

Features

General

Sewer Public Sewer

Heating See Remarks Individual

Cooling Ceiling Fan(s) See Remarks Individual

Roof Metal

Zoning CR4

Construction Materials Wood Frame Painted Stucco Block

Year Built 1944

Electric City Electric

Township 12

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 0.0

Community Features No Pool

County Pima

Net Operating Income 0.0

Operating Expense 2422.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name NEW CORNEILA ADD

Garage Y/N N

Status Active

Directions Follow AZ85 South on Perro de Nieve St take 3rd left on to W Esperanza Ave.

High School Out of Maricopa Cnty

City Ajo

Disclosures None

High School District Ajo Unified District

Open Parking Spaces 10.0

Number Of Units Total 10

Carport Y/N N

Elementary School Out of Maricopa Cnty

Tax Annual Amount 2422.0

Middle/Junior High School Out of Maricopa Cnty

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Vacant

Elementary School District Ajo Unified District

Tax Lot 0000D

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features 1 Space/Unit

Water Source City Franchise

Total Parking 10.0

Number of Buildings 2

Spa N

Lot Dimensions N/A

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 553

* Excluded Features

List By

Exp Realty

Broker

hborja1315@gmail.com

Affordability Calculator

$2,510

Per Month

Monthly Principal & Interest: $2,308
Monthly Property Taxes: $202
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Ajo, AZ

Average List Price ^$482,633

Percent of Sale Price 30%

About Ajo, AZ

3,033 Population

-13% Since 2002

^$37,089 Median Income

47.4 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4329337 Elementary School

4329358 Middle School

Out of Maricopa Cnty High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2025	$369,900	-6.09%	Price Down
5/23/2025	$393,900	-1.25%	Price Down
1/20/2025	$398,900	-0.18%	Price Down
1/12/2025	$399,600	-2.54%	Price Down
11/4/2024	$410,000		Listed Price

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553 W ESPERANZA Avenue, Ajo, AZ, 85321 is a Multi-Family Home for sale at $369,900. 553 W ESPERANZA Avenue is a studio with 0.0 baths and was built in 1944. The property's zip code is 85321 which is in Ajo, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/13/2025.

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553 W ESPERANZA Avenue

Multi-Family Home for sale in Ajo, AZ

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