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$369,900

  • For Sale
  • Active
  • Multi-Family
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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!

Full Property Details for 553 W Esperanza Ave

General

  • Price: $369,900
  • Taxes: $2,422 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6779573
  • Updated: 11/5/2025
  • Added to Site: 438 day(s) ago

Interior

  • Appliances: Free-Standing Range, Refrigerator
  • Flooring: Ceramic Tile

Parking

  • Parking Features: 1 Space/Unit

Location

  • County: Pima
  • Township: 12
  • Subdivision: NEW CORNEILA ADD
  • Cross Streets: Esperanza & 3rd

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), See Remarks, Individual
  • Heating Type: See Remarks, Individual

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Wood Frame, Painted, Stucco, Block
  • Roof: Metal
  • Year Built: 1944

Unit Information

  • Vacancy %: 10

Lot Features

  • Zoning: CR4

Financial Considerations

  • Tax Amount: $2,422
  • Tax Year: 2024
  • Terms: Conventional, 1031 Exchange
  • Owner Pays: Gas, Electricity, Water, Sewer

Disclosures and Reports

  • Legal Description: NEW CORNELIA PCL D1 NELY PTN NULL NULL NULL
  • Property ID: 401-55-472-E
  • Range: 60
  • Section: 22
  • Lot Number: 0000D

Listed by eXp Realty

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— 553 W Esperanza Ave —

  • eXp Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 553 W Esperanza Ave

School District:Ajo Unified District
NameGradesDistance
Ajo Elementary School
111 North Well Road, Ajo, AZ 85321
PK-80.5 mi
Ajo High School
111 North Well Road, Ajo, AZ 85321
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 553 W Esperanza Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/05/2025
Price Reduced
$369,900
-6.09%
MLS
5/22/2025
Price Reduced
$393,900
-1.25%
MLS
1/20/2025
Price Reduced
$398,900
-0.18%
MLS
1/11/2025
Price Reduced
$399,600
-2.54%
MLS
11/04/2024
Listed
$410,000
-6.82%
MLS
2/24/2022
Sold
$440,000
—
Public Record
Get Price Alerts and Save Property
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 553 W Esperanza Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,517
5%
$67,004
—
2024
$2,405
3%
$67,004
6%
2023
$2,335
4%
$63,173
48%
2022
$2,245
—
$42,785
50%
2022
$2,245
-13%
$28,611
5%
2021
$2,585
-23%
$27,163
—
2020
$3,340
-3%
$27,163
—
2019
$3,461
20%
$27,142
—
2018
$2,896
2%
$27,142
9%
2017
$2,852
2%
$24,885
20%
2016
$2,787
9%
$20,743
-17%
2015
$2,548
5%
$24,885
14%
2014
$2,422
13%
$21,747
—
2013
$2,135
—
$21,747
—
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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with our affiliated lender
NMLS#: 1598647

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Listed by eXp Realty

Recent Sales near 553 W Esperanza Ave

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312 E Main, Gila Bend, AZ 85337 - Photo 1 Sold
$388,000

312 E Main  Gila Bend, AZ 85337

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths

553 W Esperanza Avenue, Ajo, AZ 85321 (MLS# 6779573) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 553 W Esperanza Avenue is currently listed for $369,900 and was received on November 04, 2024. Want to learn more about 553 W Esperanza Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ajo? You can browse all Ajo real estate or contact a Coldwell Banker agent to request more information.

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