$739,000
$246/sqftactive321 Wayne Road NW, Los Ranchos, NM 87114
10 views
Beds
6
Baths
4
Sqft
3,000
Lot
24,960 sqft
Built
1960
Type
multi family
About This Property
Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total. All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility. Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in the highly desirable North Valley near Los Ranchos, this is a special opportunity that is not often available. Come explore the possibilities! Buyer to verify zoning for their use.
Features & Amenities
Property Details
| MLS # | 1107684 |
| Property Type | multi family |
| Year Built | 1960 |
| Heating | Central,ForcedAir,Other,WallFurnace |
| Cooling | EvaporativeCooling,VariesByUnit,CeilingFans |
| Lot Size | 24,960 sqft |
| Property Tax (est.) | $8,380/yr ($698/mo) |
| Price / Sqft | $246 |
| Status | Active |
| Days on Market | 44 |
About Los Ranchos de Albuquerque → Full Guide
Price vs. Neighborhood
This home
Los Ranchos de Albuquerque median
18% above the Los Ranchos de Albuquerque median. Homes here sell in an average of 50 days.
Nearby Schools
Albuquerque Academy
6-12 · Private
Griegos Elementary
K-5 · APS
Jefferson Middle School
6-8 · APS
Valley High School
9-12 · APS
Neighborhood Guide
Explore Los Ranchos de Albuquerque
Rural Luxury
Listing courtesy of Berkshire Hathaway NM Prop. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.

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