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3404 CHEROKEE Road NE - Main Image

3404 CHEROKEE Road NE

Albuquerque, NM 87107

$1,800,000
2 bd • 1 ba • 12,885 sqft • 0.47 acres
2 Story
Stories
$140
Per SQFT
1978
Year Built
10/06/2025
Listing Date
1092515
Listing #
87107
Zip Code

About This Property

Rare Investment Opportunity in the Heart of NE Heights! 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, newer roofs, and modern touches that reduce future maintenance needs while boosting tenant satisfaction.

Interior

Bathrooms Total: 1
Appliances: Convection Oven, Refrigerator
Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Flooring: Carpet, Laminate, Tile, Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Multi Family
Building Area Total: 12,885 sqft
Year Built: 1978
Construction Materials: Stucco
Levels: Two
Number Of Units Total: 16
Stories: 2
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.47
Lot Size Square Feet: 20473.2
Exterior Features: Patio
Patio And Porch Features: Patio

Provisional

MLS #: 1092515
Listing Terms: Cash, Conventional
Number Of Buildings: 2
Operating Expense: 66024.74
Owner Pays: Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas

Area And Schools

Community Features: Deck/Porch, Patio
City: Albuquerque
Postal Code: 87107
MLS Area Major: Uptown
County: Bernalillo
Parcel Number: 101606047718341009

Utilities

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Heating (Y/N): Yes

Location

Directions: Google maps

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Listing courtesy of R1 Commercial
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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