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Brick Multifamily Apartment Property
For Lease
$1,400/Mo

8001 DOWNMAN Road, New Orleans, LA 70126

Multifamily, New Orleans, LA

Space SizeContact for details
Days on Market139

Property Features for 8001 DOWNMAN Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Parking features Off Street
Directions I 10 to Downman Rd
Standard status Active
APN 39W020204
Size 1,500 SF

Taxes and HOA fees

Tax Description SQ A ENTRANCE PK NO 1 LOT D DOWNMAN RD 51 X 97 OVER 99 2/STORY FR & FR OFFICE BLDG
Legal Description SQ A ENTRANCE PK NO 1 LOT D DOWNMAN RD 51 X 97 OVER 99 2/STORY FR & FR OFFICE BLDG

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1977
Number of units 5
Building materials Brick
Listing Agency: KELLER WILLIAMS REALTY 4550100
Listed By: Noah A Thomas · License #995715515
Added: Jun 9 Changed: Oct 24 Last Checked: Oct 25 at 12:06PM
MLS# 2562112

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This brick multifamily apartment property contains 1,500 square feet and was built in 1977. The layout includes three bedrooms and two bathrooms, with central heating and central air conditioning. Room-by-room occupancy with a shared kitchen is described as an option, as is use of the apartment as a whole.

The property is located on a bus route in New Orleans East. Public water and sewer service the property, and off-street parking is available.

Key Highlights

  • 1,500‑square‑foot apartment property
  • Three bedrooms and two bathrooms
  • Room‑by‑room occupancy option with shared kitchen

Property Analytics

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Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 70126, LA

30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The apartment includes shared kitchen access and can be arranged for room-by-room occupancy.
Where is this multifamily property located?
The property is located at 8001 DOWNMAN Road New Orleans, LA.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: 1,500‑square‑foot apartment property; Three bedrooms and two bathrooms; Room‑by‑room occupancy option with shared kitchen
More about this property
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