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    553 W Esperanza Ave Ajo, AZ 85321

    For Sale
    $369,900

    MULTI_FAMILY - Ajo, AZ

    Days on Market:
    33
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 553 W Esperanza Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CR4
    APN
    401-55-472-E
    Appliances
    Free-Standing Range, Refrigerator

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1944
    Number of units
    10
    Flooring type
    Tile - Ceramic
    Building materials
    Wood Frame, Painted, Stucco, Block
    Roof type
    Metal

    eXp Realty, LLC (602) 525-3224 [email protected]

    Listing agent Juan Hernandez Borja (623) 255-0013

    Listing date Nov 5, 2025

    MLS# 6779573 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Montecito Manor Apartment Investment Opportunity

    An excellent investment opportunity awaits with this 10-unit apartment complex at Montecito Manor Apartments. Situated next to the new Border Patrol Housing and The Curley School, and a short distance from The Plaza, this property offers a prime location in Ajo, Arizona. The complex comprises two buildings, each unit featuring two bedrooms, one bathroom, a living room, and an eat-in kitchen. A laundry facility is also on-site, presenting the potential for coin-operated income. The property sits on a substantial 1.634-acre parcel. Located in the small town of Ajo, deep in the Sonoran Desert, it's 43 miles north of the Mexican border, with convenient access to Rocky Point. An additional concrete slab offers possibilities for creating storage units or covered parking, further enhancing income potential. This 10-unit complex presents multiple options, including Airbnb, short-term rentals, or long-term rentals.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ajo
    County
    Pima
    State
    Arizona
    Longitude
    -112.868561
    Latitude
    32.371245

    Nearby Similar for Sale

    • $949,000

      Ajo Multifamily Investment Opportunity

      Income-producing 18-unit complex with expansion potential on 5 acres.
      355 S Sahuaro St, Ajo, AZ 85321
      View Details

    FAQs

    What type of property is this?
    Apartment building - 10-unit apartment complex in Ajo, Arizona, on 1.634 acres.
    Where is this apartment building located?
    The property is located at 553 W Esperanza Ave Ajo, AZ.
    What is the asking price?
    The asking price for this property is $369,900.
    What are key features of this property?
    This property features: - 10-unit apartment complex offering immediate investment potential.; - Large 1.634-acre parcel provides ample space for expansion or additional amenities.; - Potential for additional income through coin-operated laundry and conversion of concrete slab.
    (623) 255-0013
    Request Owner's contact information
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    Ajo, AZ 85321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    553 W Esperanza Ave Ajo, AZ 85321
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