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Triplex with Walled Courtyard

48 Shearer Avenue, Bisbee, AZ 85603

For Sale
New
$649,000

Multiple Dwellings, Bisbee, AZ

Property SizeContact for details
Days on Market4

Property Features for 48 Shearer Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-1
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Parking features Off Street, Carport
Appliances Built-In Range, Free-Standing Range, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer, W/D Hookup
Subdivision Bisbee Townsite
Elementary school Greenway Primary School
Middle school Lowell School
High school Bisbee High School
Elementary school district Bisbee Unified District
Middle school district Bisbee Unified District
High school district Bisbee Unified District
Directions Turn onto Clawson Ave from Tombstone Canyon. Follow Clawson Ave and turn Right onto Shearer Ave. Property is on the right, just past the old High School parking lot.
Standard status Active
APN 103-62-200

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4248

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central, Electric (Heating)
Cooling system Ceiling Fan(s), Wall Unit(s), Wall/Window Unit(s)
Water source Private

Amenities

courtyard

Building Details

Year built 1900
Number of units 3
Flooring type Concrete, Tile - Ceramic, Vinyl, Wood
Building materials Brick
Roof type Rolled Hot Mop
Listing Agency: Tierra Antigua Realty, LLC
Listed By: Jennifer Casale · License #SA717232000
Added: Nov 4 Changed: Nov 5 Last Checked: Nov 7 at 6:06AM
MLS# 7102891

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this brick triplex includes two one-bedroom apartments on the lower level and an upstairs apartment formed by combining two units. The upper space could be separated again, restoring a four-unit layout. Interior details include original woodwork, maple flooring, and high ceilings. A basement formerly used as an art studio adds additional space. The enclosed courtyard features a pond and desert landscaping, with mountain and town views from the property.

Three on-site parking spaces are provided: two beneath a carport and one paved space. Each apartment has a separate meter. The property is in Old Bisbee, with shops, restaurants, cafes, and museums immediately nearby. Zoning is R-1.

Key Highlights

  • Triplex layout: two lower‑level one‑bedroom apartments and a combined upper apartment
  • Upper apartment could be divided to reestablish a four‑unit configuration
  • Walled courtyard with pond and desert landscaping

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

Demographics for 85603, AZ

6,342
Population
4,183
Households
1.5
Avg Household Size
55
Median Age
30%
College-Educated
90%
High-School Grad
227.6 sq mi
ZIP Area
28
Density / Sq Mi
$46,509
Median Household Income
$27,690
Median Earnings
$835
Median Rent
$204,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments, separate utility meters, and a basement provide a flexible residential income property in Old Bisbee.
Where is this triplex located?
The property is located at 48 Shearer Avenue Bisbee, AZ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Triplex layout: two lower‑level one‑bedroom apartments and a combined upper apartment; Upper apartment could be divided to reestablish a four‑unit configuration; Walled courtyard with pond and desert landscaping
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