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3404 Cherokee Rd NE

3404 Cherokee Rd NE Albuquerque, NM 87107

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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

For Sale

Multifamily
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

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