355 S SAHUARO Street Ajo, AZ $ 949,000
355 S SAHUARO Street
$ 949,000
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355 S SAHUARO Street

Ajo, AZ, 85321
$ 949,000
Baths0.0

Monthly Estimate*

$ 5,921

355 S SAHUARO Street, Ajo, AZ 85321 - Image 1
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355 S SAHUARO Street, Ajo, AZ 85321 - Image 5
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355 S SAHUARO Street, Ajo, AZ 85321 - Image 9
355 S SAHUARO Street, Ajo, AZ 85321 - Image 10
Studio

Multi-Family Home for sale in Ajo, AZ

for $949,000. This home was built in 1973.

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.

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Multi-Family Active

Price

$ 949,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,909

Style

Multiple Dwellings

Year Built

1973

Town/City

Ajo

County/Region

Pima

MLS | Web ID

6904980

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Window/Wall Unit
Roof Composition
Zoning C-4
Construction Materials Painted Stucco Slump Block
Year Built 1973
Electric Other (See Remarks)
Township 12
Tax Year 2014
Ownership Fee Simple Fee Simple
Gross Income 135184.0
Community Features Sport Court No Pool
County Pima
Net Operating Income 100000.0
Operating Expense 6909.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name NEW CORNEILA ADD
Garage Y/N N
Status Active
Directions Head South on the 85 then turn right onto Sahuaro St. Drive down the road for a bit and the complex will be on the left hand side.
High School Ajo High School
City Ajo
Disclosures Seller Prop Disc Stm
High School District Ajo Unified District
Open Parking Spaces 50.0
Number Of Units Total 18
Carport Y/N N
Elementary School Ajo Elementary School
Tax Annual Amount 6909.0
Middle/Junior High School Ajo Elementary School
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 Tenant
Elementary School District Ajo Unified District
Tax Lot 00292
Cap Rate 10.54
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Free 1 Space/Unit Carport
Water Source City Franchise
Total Parking 68.0
Number of Buildings 2
Spa N
Lot Dimensions 5.984 acres
Covered Spaces 18.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 355
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* Excluded Features
List By
West Usa Realty

Broker

marcela@marcelagrace.com

Email

Affordability Calculator

$6,496
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,921
Monthly Property Taxes
$576
Monthly 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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Nearby
4902758 Elementary School
4902758 Middle School
Ajo High School High School
Pricing History
DatePricePrice ChangeDescription
11/19/2025$949,000 -11.72% Price Down
8/13/2025$1,075,000 Listed Price

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355 S SAHUARO Street, Ajo, AZ, 85321 is a Multi-Family Home for sale at $949,000. 355 S SAHUARO Street is a studio with 0.0 baths and was built in 1973. The property's zip code is 85321 which is in Ajo, AZ