321 Wayne Road NW

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Address: 321 Wayne Rd NW, Alameda, NM 87114, USA
Phoenix & Southwest + 2-4 Units
Created date: July 28, 2026
Date last updated: September 17, 2026
Price: $739,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $739,000
No. of Units: 4
Year Built: 1960
Lot Size: 3,000.00 Sq ft
Opportunity Zone: No
Price per unit: $184,750
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 321 Wayne Road NW, Los Ranchos, NM 87114, USA
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