6 beds4 baths3,000 sqft$250/sqft
321 Wayne Road Northwest, Albuquerque, NM 87114
Est: $4,505/moGet pre-approved

Description

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...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.
LISTING UPDATED: 07/23/2026 11:18 AM

  1. Listed by Steve L Soto • Brokerage DRE #14530 • Berkshire Hathaway NM Prop
    P: (505) 263-4624 C: (505) 263-4624 ssotohomes@aol.com

Property Details for 321 Wayne Road Northwest

Status
MLS #
1107684
Days on Market
1
Taxes
$8,380 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Other
Year Built
1960
Lot Size
0.57 AC / 24,960 SF
Subdivision Name
Englebrecht Subd
Zoning Description
R-1

Location

Listing Courtesy of Berkshire Hathaway NM Prop
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Building Information for 321 Wayne Road Northwest

Stories1Residences4Year Built1960Building Size-Lot Size0.57 AC / 24,960 SF

Payment Calculator

$4,505 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,807

Property Taxes

$698

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 321 Wayne Road Northwest

Summary
Location and General Information
  • Directions: From Paseo del Norte and 2nd Street , Head South past El Pueblo to Wayne Road , Turn right and head west to property . property is on the north side of the street . Or 4th and Osuna , head north to Wayne Rd and turn right to property on left .No sign till Nov 24th.
  • Latitude: 35.175379
  • Longitude: -106.630578
  • Map Coordinate: C15
  • MLS Area Major: 100 - North Valley
Taxes and HOA
  • Has Additional Parcels: Yes
  • Parcel Number: 101506426303440303
  • Tax Annual Amount: $8,380.44
  • Universal Parcel Id: urn:reso:upi:2.0:US:35001:101506426303440303
Property
Lot Information
  • Lot Dimensions Source: Public Records
  • Lot Size Acres: 0.57
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 24960.0
Property and Assessments
  • Building Area Source: Listing Agent
  • Building Area Total: 3000.0
  • Living Area: 3000.0
  • Living Area Source: Listing Agent
  • New Construction: No
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Property Type: Residential Income
  • Universal Property Id: US-35001-N-101506426303440303-R-N
  • Year Built: 1960
  • Year Built Details: Properties were built in the 1950,s and 1960,s
  • Year Built Source: See Remarks
Building Features
  • Accessibility Features: None
  • Construction Materials: Frame, Stucco
  • Levels: One
  • Number Of Buildings: 3
Green Features
  • Green Energy Generation: None
Utilities
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Interior Features
  • Appliances: Free Standing Electric Range, Refrigerator
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Has Cooling: Yes
  • Cooling: Evaporative Cooling, Varies By Unit, Ceiling Fans
  • Flooring: Carpet
  • Has Heating: Yes
  • Heating: Central, Forced Air, Other, Wall Furnace
  • Interior Features: Ceiling Fans
Exterior Features
  • Stories: 1
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Unit Information
Unit 1
  • Baths Total: 1
  • Beds Total: 2
Unit 2
  • Baths Total: 1
  • Beds Total: 2
Unit 3
  • Baths Total: 1
  • Beds Total: 1
Unit 4
  • Baths Total: 1
  • Beds Total: 1
Rental
Rent Information
  • Owner Pays: Water
  • Tenant Pays: Other, See Remarks

Property History for 321 Wayne Road Northwest

DateEvent & SourcePriceAppreciation
Jul 22, 2026

Listed (Active)

Southwest MLS #1107684

$749,000
DateEvent & SourcePrice
07/22/2026

Listed (Active)

Southwest MLS #1107684

$749,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 321 Wayne Road Northwest

Taxable ValueLand$22,498Additions$202,880Total$225,378
Tax Record2025$8,380 ($698 / month)
Home Facts
Total Finished SqFt650 SqFtAbove Grade Finished SqFt650 SqFtStories1Lot Size24,960 SqFtStyleMiscellaneousYear Built1960Year Renovated1960CountyBERNALILLOAPN1-015-064-263-034-4-03-03

Schools near 321 Wayne Road Northwest

This home is within Albuquerque Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Los Ranchos Elementary School
PublicPK to 5

Taylor Middle School
Public6 to 8

Valley High School
Public9 to 12

Taft Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

321 Wayne Road Northwest is a multi-family home for sale in Albuquerque, NM 87114. This property was listed for sale on July 22, 2026 by Berkshire Hathaway NM Prop, it's currently listed at $749,000. This listing's school district is Albuquerque Public Schools. Nearby schools include Los Ranchos Elementary School, Taylor Middle School and Valley High School. 321 Wayne Road Northwest is a 6-bed, 4-bath, 3,000 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway NM Prop

Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumer’s personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.