Multifamily

Nogales, AZ Multifamily Properties for Sale

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Historic Fourplex in Downtown Nogales
Updated: Oct 15, 2025
Historic Fourplex in Downtown Nogales

472 W Walnut Street, Nogales, AZ 85621

$450,000
5,369 sqft 0.23 AC lot
1915 two‑story brick territorial four‑plex on historic Walnut Street in downtown Nogales, AZ
Unit mix: three 2 bed/1 bath units (each 1,106 SF) plus one 3 bed/1 bath unit (1,526 SF)
Each unit has a fireplace and a dedicated washer/dryer room
All units are separately metered for electricity and gas
Ground‑level units share a porch and front yard enclosed by chain‑link fencing
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Renovated Duplex
Updated: May 13
Renovated Duplex

451 N Macnab Drive N, Nogales, AZ 85621

$245,000
1,588 sqft 0.18 AC lot
Two‑unit duplex with 1,588 square feet of property size
Each unit offers 1 bedroom and 1 bathroom
Both units are currently tenant occupied
2024 updates included bathrooms, flooring, kitchens, and interior improvements
Mini‑split systems installed 2 years ago
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Updated 2-Unit Duplex
Updated 2-Unit Duplex

451 N Macnab Drive N #A&B, Nogales, AZ 85621

$245,000

Tenant-occupied units feature recent interior renovations and mini-split systems.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 3 Active listings in Nogales, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Adobe Quadplex-Style Income Property
Adobe Quadplex-Style Income Property

41855 S Sasabe Highway, Sasabe, AZ 85633

$3,500,000
9,052 sqft 114.52 AC lot

Quadplex-style residential income property zoned RH with well water and septic service, plus accessible approach with ramp.

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Triplexes with Hill Top Bar
Triplexes with Hill Top Bar

41750 S Sasabe Highway, Sasabe, AZ 85633

$3,500,000
14,325 sqft 205.57 AC lot

Zoned Pima County RH with well and septic, featuring tenant-occupied residential and commercial buildings including Hill Top Bar.

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Duplex Investment Property with Six Units
Duplex Investment Property with Six Units

N Pfister N Avenue 3, Sierra Vista, AZ 85635

$450,000
3,900 sqft 0.67 AC lot

Three duplexes totaling six one-bedroom units with gas heat, evaporative cooling, and private off-street parking.

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Three-Duplex Multifamily Property
Three-Duplex Multifamily Property

301-341 N Pfister Avenue, Sierra Vista, AZ 85635

$450,000

Three duplexes totaling six 1-bed units in a Multi Family zoning setting, fully occupied on 6-month leases.

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Off-Market Properties in Nogales, AZ

Consider similar Off-Market properties in Nogales, AZ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2901 Grand Ave
MOBILE HOME PARK, TRAILER PARK

2901 Grand Ave, Nogales, AZ 85621-3973

$260,000
Estimated value
2,713 sqft 9.62 AC lot
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Circulo Morales
MOBILE HOME PARK, TRAILER PARK

Circulo Morales, Nogales, AZ 85621

$475,000
Estimated value
23,179 sqft 1.71 AC lot
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Circulo Morales
MOBILE HOME PARK, TRAILER PARK

Circulo Morales, Nogales, AZ 85621

$475,000
Estimated value
4.50 AC lot
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2050 Congress Dr Trlr, Unit 2
MOBILE HOME PARK, TRAILER PARK

2050 Congress Dr Trlr, Nogales, AZ 85621-5000

Unit 2
$230,000
Estimated value
31.58 AC lot
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151 1st St
MOBILE HOME PARK, TRAILER PARK

151 1st St, Nogales, AZ 85621-1352

$250,000
Estimated value
2,109 sqft 0.71 AC lot
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225 Grand Ave
APARTMENT HOUSE (100+ UNITS)

225 Grand Ave, Nogales, AZ 85621

$300,000
Estimated value
7,227 sqft 0.38 AC lot
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540 Western Ave
MOBILE HOME PARK, TRAILER PARK

540 Western Ave, Nogales, AZ 85621-7002

$250,000
Estimated value
4.63 AC lot
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812 Western Ave
MOBILE HOME PARK, TRAILER PARK

812 Western Ave, Nogales, AZ 85621-2132

$300,000
Estimated value
257 sqft 2.71 AC lot
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2133 Grand Ave
MOBILE HOME PARK, TRAILER PARK

2133 Grand Ave, Nogales, AZ 85621-1033

$265,000
Estimated value
680 sqft 6.66 AC lot
View details

Nogales, AZ Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Nogales, AZ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,957 square feet of properties for sale, with an estimated market value of $940,000.

Sale prices for multifamily properties in Nogales, AZ start at $245,000, averaging $313,333, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Quadplexes 2

Demographics Overview

Population 43K
Population Growth (5Y) +3.5%
Median Household Income $52,576
College Educated 14.2%

High-Yield Neighborhoods for Investment

Identify Nogales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
85621 $2.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Cruz County

New Delisted

Total CRE Inventory on Market (SF)

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