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Multi family home for sale at 321 Wayne Rd NW, Los Ranchos, NM 87114 | MLS# 1107684 | Listing updated on 2026-09-04
Photo 1 of Multi family home for sale at 321 Wayne Rd NW, Los Ranchos, NM 87114 | MLS# 1107684 | Listing updated on 2026-09-04
Photo 2 of Multi family home for sale at 321 Wayne Rd NW, Los Ranchos, NM 87114 | MLS# 1107684 | Listing updated on 2026-09-04
Photo 3 of Multi family home for sale at 321 Wayne Rd NW, Los Ranchos, NM 87114 | MLS# 1107684 | Listing updated on 2026-09-04
Photo 4 of Multi family home for sale at 321 Wayne Rd NW, Los Ranchos, NM 87114 | MLS# 1107684 | Listing updated on 2026-09-04
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$739,000

Monthly Est:$3,678

  • Beds Icon6 Beds
  • Beds Icon
    4 Baths
  • Beds Icon3,000sqft

321 Wayne Rd NW, Los Ranchos, NM 87114

$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 Greater Albuquerque AOR (SWMLS) MLS-NM

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Bernalillo County

  • City

    Los Ranchos

  • 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

DateEventPrice

07/21/2026

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1107684

Listed for Sale

$749,000 +1.35%

$250/sqft

07/21/2026

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1107684

Price Decreased

$739,000 -1.47%

$246/sqft

11/19/2025

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1094734

Off Market

$750,000

$250/sqft

11/19/2025

Source: mls_logoGreater Albuquerque AOR (SWMLS) MLS-NM #1094734

Listed for Sale

$750,000

$250/sqft

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.

Advertising Broker: Jared Andrew English | Congress Realty, Inc