This is a Very rare and unique possibility near the heart of the North Valley near Los Ranchos. This Investment opportunity has 4 units which includes 2 1 bedroom (650.sf) individual units and 1 Duplex with 2 (850 sf each) bedrooms all on a 1/2 acre spacious Lot * The amazing property can be used as Investment or Vacation Rentals and is a great opportunity for the seasoned investor or for owner occupants . 3 of the 4 units are nicely furnished and have their own front yards and plenty of parking . Each unit is also metered separately except water . Owner financing will be considered with high down payment and a short call . Seller has no recent rental history, Buyer to verify zoning .
For sale
$750,000
321 Wayne Rd NW, Albuquerque, NM 87114
6beds
4baths
3,000sqft
Est.: Get pre-qualified
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$250/sqft
$-- HOA
What's special
Plenty of parking
- 189 days |
- 458 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Steve L Soto 505-263-4624,
Berkshire Hathaway NM Prop 505-798-6300
Source: SWMLS,MLS#: 1094734
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central, Forced Air, Other, See Remarks, Wall Furnace
Cooling
- Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: Carpet
- Has basement: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.57 Acres
Details
- Has additional parcels: Yes
- Parcel number: 101506426303440303
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Location
- Region: Albuquerque
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $593,100
- Annual tax amount: $2,416
- Date on market: 11/19/2025
- Cumulative days on market: 97 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Total actual rent: 0
- Tenant pays: Other, See Remarks
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Listed for sale | $750,000$250/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,380 +247.7% | $197,680 +204.4% |
| 2024 | $2,410 +1.8% | $64,942 +3% |
| 2023 | $2,367 +6.2% | $63,050 +3% |
| 2022 | $2,228 +3.4% | $61,214 +3% |
| 2021 | $2,154 +1.8% | $59,432 +3% |
| 2020 | $2,116 | $57,701 +3% |
| 2019 | -- | $56,021 |
| 2018 | $1,770 -10.7% | $56,021 +3% |
| 2017 | $1,982 +7.9% | $54,390 +6.1% |
| 2016 | $1,837 -96.3% | $51,268 +3% |
| 2015 | $49,775 +2829.2% | $49,775 +3% |
| 2014 | $1,699 | $48,326 +3% |
| 2013 | $1,699 | $46,919 |
| 2012 | -- | $46,919 |
| 2011 | -- | $46,919 +3% |
| 2010 | -- | $45,557 -6.2% |
| 2009 | -- | $48,553 +3% |
| 2008 | -- | $47,138 +3% |
| 2007 | -- | $45,767 +3% |
| 2006 | -- | $44,434 +3% |
| 2005 | -- | $43,140 +3% |
| 2004 | -- | $41,883 +3% |
| 2003 | -- | $40,663 +3% |
| 2002 | -- | $39,480 +3% |
| 2001 | -- | $38,330 -27.6% |
| 2000 | -- | $52,928 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87114
Nearby schools
GreatSchools rating
- 6/10Los Ranchos Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Taylor Middle SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Valley High SchoolGrades: 9-12Distance: 3.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Mexico
- Bernalillo County
- Los Ranchos de Albuquerque
- 87114
- 321 Wayne Rd NW
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