3404 Cherokee Rd NE
3404 Cherokee Rd NE Albuquerque, NM 87107

Overview
Welcome to 3404 Cherokee NE, a well-maintained multifamily property located in one of Albuquerque’s most desirable neighborhoods. Surrounded by parks, top-rated schools, and established amenities, this property offers both convenience and long-term rental appeal.
The community consists of all two-story 2BD/1BA units, each designed with functionality in mind. Every unit features in-unit washer/dryer hookups and private balconies, enhancing tenant comfort and marketability.
Several units have been moderately updated, with improvements including newer swamp coolers in most, refreshed interiors, and modern touches that reduce future maintenance needs while boosting tenant satisfaction.
This asset presents strong upside potential for investors seeking a stable property in a high-demand rental corridor. The NE Heights is one of the most sought-after areas in Albuquerque, making vacancies rare and rental demand strong.
Key Features:
- All 2BD/1BA two-story units
- Washer/dryer hookups in every unit
- Private balconies
- Most units with new swamp coolers
- Moderately updated interiors
- Located near schools, parks, shopping & major commuter routes
Attachments
For Sale
- Sale Price
- $1,800,000
- Price Per SF
- $139.7/SF
- Building Size
- 12,885 SF
- Acres
- 0.4684 ac
- Zoning
- R-ML
- Zoning Description
- Multi Family Low Density Residential
- Year Built
- 1978
- Submarket
- North I-25
- Property Use Type
- Investment
- Average Occupancy Rate
- 100%
- Total Units
- 16
- Laundry
- In Each Unit
- County
- Bernalillo
- Available
- 2025-09-29
- Created
- 2025-09-29
- Updated
- 2025-09-29
- Listing ID
- 02b3e068
- Parcel APN
- 101606047718341009