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    321 Wayne Rd NW Albuquerque, NM 87114

    For Sale
    $750,000

    MULTI_FAMILY - Albuquerque, NM

    Property size:
    3,000 SF
    Lot size:
    0.57 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 321 Wayne Rd NW

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2
    Bedrooms
    1
    Bathrooms
    1
    APN
    101506426303440303
    Interior features
    CeilingFans
    Appliances
    FreeStandingElectricRange, Refrigerator
    Size
    3,000 SF
    Lot size
    0.57 Acres

    Utilities

    Heating system
    Central, Forced Air
    Cooling system
    Varies by Unit, Ceiling Fan(s)

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Carpet
    Building materials
    Frame

    New Mexico Properties/Allstar, REALTORS (505) 798-6300 [email protected]

    Listing agent Steve L Soto (505) 798-6300 License #29767

    Listing date Nov 19, 2025

    MLS# 1094734 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rare North Valley Investment Opportunity

    This rare investment opportunity is located near the heart of the North Valley near Los Ranchos. The property features four units: two individual 1-bedroom units (650 square feet each) and one duplex with two 2-bedroom units (850 square feet each). All units are situated on a spacious 0.57-acre lot. The property can be used as an investment or for vacation rentals, making it suitable for both seasoned investors and owner-occupants. Three of the four units are nicely furnished and have their own front yards, along with ample parking. Each unit is separately metered, except for water. The property is located in Albuquerque, New Mexico, 87114. The total property size is 3000 square feet. Owner financing will be considered with approximately 15% down and a short call. Buyers are advised to verify zoning. The property is located in Bernalillo County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.630659
    Latitude
    35.175438

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    FAQs

    What type of property is this?
    Quadplex - Four units on a spacious lot near Los Ranchos.
    Where is this quadplex located?
    The property is located at 321 Wayne Rd NW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Four units on a spacious half-acre lot offer significant investment or owner-occupant potential.; - Prime location near the heart of the North Valley and Los Ranchos.; - Includes two 1-bedroom units and a duplex with two 2-bedroom units.
    (505) 798-6300
    Request Owner's contact information
    321 Wayne Rd NW Albuquerque, NM 87114
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    Albuquerque, NM 87114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 Wayne Rd NW Albuquerque, NM 87114
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