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8001D Downman Rd, New Orleans, LA, 70126

3beds
2baths
1,500sqft
$1,400
$1price/sqft
$156/moest. monthly cost
$6,240/yrincome needed

About This Home

Multifamily apartments available for lease in New Orleans East. Conveniently located on a bus route, this property offers easy access to public transportation, making it a practical choice for residents traveling to work, school, shopping, medical appointments, and other daily destinations. This apartment community provides a great opportunity for tenants seeking a convenient New Orleans East location with access to nearby major corridors and community services. The bus route access adds strong everyday value for residents who need reliable transportation options. Whether you are looking for comfortable living, convenient access, or a location that keeps you connected, these New Orleans East multifamily apartments are worth a closer look. Contact a member of the KW Commercial Fraiche Team today for leasing details and showing information.

Getting Around

44
WalkingCar-Dependent
32
TransitSome Transit
42
BikeSomewhat Bikeable

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1977

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 39W020204
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Exterior features: Fence

Lot

  • Lot size: 4,998 sqft
  • Features: City Lot,Rectangular Lot
  • Lot size dimensions: 4998

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Lightning
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7$84
Home Insurance *$2$24
Property Taxes $0$0
Electricity $147$1,773
Total$156$1,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,348/yr
40% on housing$4,680/yr
45% on housing$4,160/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1This listing

vs Other Active Listings

Avg $/sqft

ZIP 70126$76
Orleans Parish$177

vs Homes Sold Last Month

Median $/sqft

ZIP 70126$109
Orleans Parish$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-14Price change$700
2026-06-09Listed for sale$1,400

For Sale by Agent

AgentNoah Thomas
BrokerageKELLER WILLIAMS REALTY 455-0100

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