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10-Unit Apartment Complex
For Sale
$330,000

553 W ESPERANZA Avenue, Ajo, AZ 85321

Multiple Dwellings, Ajo, AZ

Property SizeContact for details
Lot Size1.63 Acres
Days on Market657

Property Features for 553 W ESPERANZA Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CR4
Appliances Free-Standing Range, Refrigerator
Subdivision NEW CORNEILA ADD
Elementary school Out of Maricopa Cnty
Middle school Out of Maricopa Cnty
High school Out of Maricopa Cnty
Elementary school district Ajo Unified District
Middle school district Ajo Unified District
High school district Ajo Unified District
Directions Follow AZ85 South on Perro de Nieve St, take 3rd left on to W Esperanza Ave.
Standard status Active
APN 401-55-472-E
Lot size 1.63 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description NEW CORNELIA PCL D1 NELY PTN NULL NULL NULL
Tax Annual Amount 2422
Legal Description NEW CORNELIA PCL D1 NELY PTN NULL NULL NULL

Utilities

Sewer type Public Sewer
Cooling system Ceiling Fan(s)

Amenities

laundry

Building Details

Year built 1944
Number of units 10
Flooring type Tile - Ceramic
Building materials Wood Frame, Painted, Stucco, Block
Roof type Metal
Listing Agency: eXp Realty
Listed By: Juan Hernandez Borja · License #SA678137000
Added: Nov 4, 2024 Changed: Aug 21 Last Checked: Aug 23 at 1:06AM
MLS# 6779573

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 10-unit apartment property comprises two buildings with two-bedroom, one-bath residences. Each unit includes a living room and eat-in kitchen, with free-standing ranges, refrigerators, ceramic tile flooring, and ceiling fans. The property also includes a laundry facility, an additional concrete slab, metal roofing, and a combination of wood-frame, stucco, painted, and block construction. Built in 1944, the complex is served by public sewer and carries CR4 zoning.

The property is located in Ajo, Arizona, next to new Border Patrol housing and The Curley School, with The Plaza a short distance away. Ajo is identified as being 43 miles north of the Mexican border, with access toward Rocky Point.

Key Highlights

  • 10‑unit apartment complex with all units configured as 2‑bedroom, 1‑bath residences
  • 1.634 acres in Ajo, Arizona
  • Two buildings plus a laundry facility

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop HVAC Service Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

Demographics for 85321, AZ

3,663
Population
2,326
Households
1.6
Avg Household Size
52
Median Age
28%
College-Educated
86%
High-School Grad
1,343.8 sq mi
ZIP Area
3
Density / Sq Mi
$52,127
Median Household Income
$30,951
Median Earnings
$920
Median Rent
$120,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building multifamily property with laundry facilities and two-bedroom units in Ajo, Arizona.
Where is this apartment building located?
The property is located at 553 W ESPERANZA Avenue Ajo, AZ.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 10‑unit apartment complex with all units configured as 2‑bedroom, 1‑bath residences; 1.634 acres in Ajo, Arizona; Two buildings plus a laundry facility
More about this property
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