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48 SHEARER Avenue, Bisbee, AZ, 85603

4beds
4baths
3,840sqft
$755,000
$197price/sqft
$4,919/moest. monthly cost
$196,760/yrincome needed

About This Home

Beautiful, substantial, well-built and spacious 3-unit brick building in the heart of Old Bisbee, in very good condition, oozing with character and filled with original features and charm. This building could easily be renovated back to the original 4-unit layout. Interior features include maple floors, original windows, high ceilings, light-filled Arizona rooms, and wood detailing to include original built-ins. Outside you?ll find private parking for 3 cars, captivating views from balconies and a secluded, fully landscaped tranquil garden oasis. Property currently consists of two 1-bdrm apts and one 2-bdrm apt, and a very large, full-height finished basement ready for storage, studios, workshops, whatever! All units are individually metered for electric. Buyer to verify all facts/figures

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
Lowell SchoolGrades 5-81.8 mi
4/10
Bisbee High SchoolGrades 9-122.8 mi
3/10
Greenway Primary SchoolGrades PK-52.7 mi

Construction

Condition

  • Year built: 1900

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Gas Oven,Built-In Electric Oven,Washer/Dryer
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Carpet,Ceramic Tile,Vinyl,Wood,Concrete

Heating & Cooling

  • Heating features: Central,Window/Wall Unit(s),Electric,Natural Gas
  • Cooling features: Ceiling Fan(s),Wall/Window Unit(s),Individual,2 or More Units

Interior Area

  • Total structure area: 3,840
  • Total interior livable area: 3,840 sqft

Property

Details

  • Parcel number: 10362200
  • Zoning: R-1

Lot

  • Lot size dimensions: 22.09' x 116.30' x 50.08' x 91.66' x 41.79'

Parking

  • Total spaces: 3
  • Parking features: 1 Space/Unit,Carport
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Heat Wave

FEMA Declared Disasters in Cochise County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,817$45,804
Home Insurance $313$3,756
Property Taxes $383$4,596
Electricity $406$4,879
Total$4,919$59,028

Income You'd Need if You Spent...

35% on housing$168,651/yr
40% on housing$147,570/yr
45% on housing$131,173/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -4.1%
-4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$197This listing

vs Other Active Listings

Avg $/sqft

ZIP 85603$147
Cochise County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 85603$178
Cochise County$162

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-11Price change$755,000
2025-09-12Listed for sale$795,000

For Sale by Agent

AgentRobert (Bob) Klein
BrokerageTierra Antigua Realty, LLC

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