321 Wayne Road NW, Albuquerque, NM 87114 (MLS# 1094734)

321 Wayne Road NW, Albuquerque, NM 87114

$750,000

Property Type: Residential Income Square Footage: 3,000 Lot Size (sq. ft.): 24,829 Status: Active

Current Price: $750,000 List Date: 11/19/2025 Last Modified: 12/20/2025

Overview

Description

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 Details MLS# 1094734

Contract Information

List Price/SqFt: 250

Location

Street #: 321
Street Name: Wayne
St Suffix: Road
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87114
Zip +4: 1045
MLS Area Major: 100 - North Valley
Zone Atlas: C15

General Property Description

# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Other - See Remarks
Living Area: 3000
SqFt Source: Broker
Lot Size Source: Survey
Acres: 0.57
Lot SqFt: 24829
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.
Stories: Yes
Total # of Buildings: 3
Year Built: 1950
Year Built Details: Properties were built in the 1950,s and 1960,s
Year Built Source: See Remarks
Year Built Exception: Unknown
Age: 71 - 80
Accessory Dwelling Unit: No
Disability Access: No
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Multiple Lots: One
Flood Zone: No Flood Map

Cooling

Centrally Ducted: No
Evaporative Cooling: Yes
Varies by Unit: Yes

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 650

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 650

# of Unit Types (3)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 850

# of Unit Types (4)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 850

Unit Summary

Total Units: 4
Average Unit Size: 750
Average Actual Rent: 0
Annualized: 0
Total Actual Rent: 0

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101506426303440303

Tax & Legal Info

GRT Code: 02-002
Tax Exemption: No
Tax Annual Amount: 2416

Construction Materials

Frame: Yes

Amenities

Ceiling Fan(s): Yes
Enclosed Yard: Yes

Flooring

Carpet: Yes

Heating

Central: Yes
Forced Air: Yes
Other: Yes
Wall Unit: Yes

Owner Pays

Water: Yes

Tenant Pays

Some Utilities: Yes

Build Description

Resale: Yes

Appliances included

Free-Standing Electric Range: Yes
Refrigerator: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Miscellaneous Info

Sign On Property: Yes
Some Furnished: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Roof

Pitched: Yes
Shingle: Yes

Finance Considered

Cash: Yes
Conventional: Yes
FHA: Yes
Owner Financing: Yes
VA: Yes

Rental Info

Call Listing Broker: Yes

Zoning

R-1: Yes

Property Features

Construction Materials: Frame Build Description: Resale Amenities: Ceiling Fan(s); Enclosed Yard Appliances included: Free-Standing Electric Range; Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Forced Air; Wall Unit; Other Cooling: Evaporative Cooling; Varies by Unit Flooring: Carpet Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: Sign On Property; Some Furnished Metering: Individual Electric; Individual Gas Owner Pays: Water Tenant Pays: Some Utilities Roof: Pitched; Shingle Rental Info: Call Listing Broker Finance Considered: Cash; Conventional; FHA; Owner Financing; VA Zoning: R-1

Listing Office: Berkshire Hathaway NM Prop

Last Updated: December - 20 - 2025

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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.