Los Ranchos / 87114 / 321 Wayne Road NW
321 Wayne Road NW
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321 Wayne Road NW
321 Wayne Road NW
321 Wayne Road NW
321 Wayne Road NW
321 Wayne Road NW
321 Wayne Road NW

321 Wayne Road NW

Los Ranchos, NM 87114

$749,000
6 bd • 4 ba • 3,000 sqft • 0.57 acres
1 Story
Stories
$250
Per SQFT
1960
Year Built
07/22/2026
Listing Date
1107684
Listing #
87114
Zip Code

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.

Interior

Bathrooms Total: 4
Interior Features: Ceiling Fan(s)
Appliances: Free-Standing Electric Range, Refrigerator
Flooring: Carpet

Exterior And Lot

Lot Size Acres: 0.57
Lot Size Square Feet: 24960

Building And Construction

Property Type: Residential Income
Building Area Total: 3,000 sqft
Year Built: 1960
Construction Materials: Frame, Stucco
New Construction: No
Levels: One
Number Of Units Total: 4
Stories: 1
Property Condition: Resale

Provisional

MLS #: 1107684
Listing Terms: Cash, Conventional, FHA, Owner May Carry, VA Loan
Number Of Buildings: 3
Owner Pays: Water
Tenant Pays: Other, See Remarks

Area And Schools

City: Los Ranchos
Postal Code: 87114
MLS Area Major: North Valley
Subdivision: Englebrecht Subd
County: Bernalillo
Parcel Number: 101506426303440303

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
Heating: Central, Forced Air, Other, Wall Furnace
Heating (Y/N): Yes

Location

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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.

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Listing courtesy of Berkshire Hathaway NM Prop
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM