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For sale
  • Price cut: $1K (7/22)
    $749,000

    321 Wayne Rd NW, Albuquerque, NM 87114

    6beds
    4baths
    3,000sqft
    : 
    $4,988/mo
    Get pre-qualified
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Ample on-site parkingMove-in condition
    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.
    8 days
    |
    225
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve L Soto 505-263-4624,

    Berkshire Hathaway NM Prop 505-798-6300

    Source: SWMLS,MLS#: 1107684MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Central, Forced Air, Other, Wall Furnace
      Cooling
      • Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
      Appliances
      • Included: Free-Standing Electric Range, Refrigerator
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet
      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, Stucco
      Condition
      • Resale
      • New construction: No
      • Year built: 1960

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy generation: None

      Community & HOA

      Community
      • Subdivision: Englebrecht Subd
      Location
      • Region: Albuquerque

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $593,100
      • Annual tax amount: $8,380
      • Date on market: 7/22/2026
      • Cumulative days on market: 8 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

        DateEventPrice
        7/22/2026Price change$749,000-0.1%$250/sqft
        Source: SWMLS #1107684 Report a problem
        11/19/2025Listed for sale$750,000$250/sqft
        Source: SWMLS #1094734 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        Getting around

        46 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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