$750,000

321 Wayne Rd NW Los Ranchos, NM 87114

Estimated payment $4,119/month

Total Views 4,348
1 Bed
1 Bath
3,000 Sq Ft
$250 Price per Sq Ft

Highlights

  • 0.57 Acre Lot
  • Forced Air Heating System
  • Carpet
  • Evaporated cooling system
  • Ceiling Fan
  • Property has 1 Level

About This Home

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 .

Listing Agent

Steve Soto

Berkshire Hathaway NM Prop License #29767 Listed on: 11/19/2025

Berkshire Hathaway NM Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,416

Year Built

  • Built in 1950

Lot Details

  • 0.57 Acre Lot
  • Additional Parcels

Home Design

  • Frame Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Carpet
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • 4 Units
  • 3,000 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 101506426303440303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,416

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • 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.
  • Year Built: 1950
  • Lot Size Acres: 0.57
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: Properties were built in the 1950,s and 1960,s
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Number Of Buildings: 3
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 3000.0

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame
  • Property Condition: Resale

Utilities

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

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Additional Parcels: Yes
  • Parcel #: 101506426303440303
  • Zoning Description: R-1

Rental Info

  • Tenant Pays: Other, See Remarks
  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2416.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,410 $197,680 $22,498 $175,182
2024 $2,410 $64,942 $32,071 $32,871
2023 $2,367 $63,050 $31,137 $31,913
2022 $2,228 $61,214 $30,230 $30,984
2021 $2,154 $59,432 $29,350 $30,082
2020 $2,116 $57,701 $28,495 $29,206
2019 $2,054 $56,021 $27,666 $28,355
2018 $1,982 $56,021 $27,666 $28,355
2017 $1,908 $54,390 $26,860 $27,530
2016 $1,837 $51,268 $25,318 $25,950
2015 $49,775 $49,775 $24,581 $25,194
2014 $1,699 $48,326 $23,865 $24,461
2013 -- $46,919 $23,170 $23,749
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $750,000 -- $250 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1094734

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-064-263-034-4-03-03

New Mexico Bernalillo County Los Ranchos De Albuquerque 87114

321 Wayne Rd NW, Los Ranchos De Albuquerque, NM

For Sale

MultiFamily

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Steve Soto
Listing Agent
Steve Soto
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Berkshire Hathaway NM Prop
(505) 393-3475