- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$739,000
Monthly Est:$3,678
6 Beds
- 4 Baths
3,000sqft
321 Wayne Rd NW, Los Ranchos, NM 87114
$739,000
$3,678/moEst:
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Multi Family
Built in 1960
$-- HOA
24,960 sqft lot
$246/sq.ft
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 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.
- Houzeo last checked: 1 minute ago
- Listing updated: September 4, 2026 at 7:15 pm
- Listing Provided by: Steve L Soto (505) 263-4624 DRE #29767 | Berkshire Hathaway NM Prop (505) 798-6300
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1107684

Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
3,000 sqft
Lot Size
24,960 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1107684
MLS Status
Active
Days on Market
80
Cumulative Days on Market
44

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Interior
Interior Features
Ceiling Fans
Cooling
Evaporative Cooling, Varies By Unit, Ceiling Fans
Flooring
Carpet
Heating
Central, Forced Air, Other, Wall Furnace
Appliances
Free Standing Electric Range, Refrigerator
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Property Condition
Resale
Construction Materials
Frame, Stucco
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Other Features
Tenant Pays
Other, See Remarks
Subdivision Name
Englebrecht Subd
Disclosures
Lead Based Paint Disclosure, Ranm2100disclosure
Price History
| Date | Event | Price |
|---|---|---|
07/21/2026 Source: | Listed for Sale | $749,000 +1.35% $250/sqft |
07/21/2026 Source: | Price Decreased | $739,000 -1.47% $246/sqft |
11/19/2025 Source: | Off Market | $750,000 $250/sqft |
11/19/2025 Source: | Listed for Sale | $750,000 $250/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Oct 10, 2026, 11:15PM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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