6 Bedroom Louisiana Duplex For Sale Under $150K

$149,900

Dual-income potential with double the charm! This Louisiana duplex features two independent units under one roof—complete with separate water and electric meters for turnkey utility management. Both residences showcase renovated kitchens with rich dark brown cabinetry and classic subway tile backsplashes, alongside updated, stylish bathrooms.

Porch featured at 1029 Lamanche St, New Orleans, LA, 70117

Realtor Comments

Value-add double in the Holy Cross neighborhood. Sold as-is, with a full inspection report available upon request so serious buyers know exactly what they’re stepping into. This is a rare entry point for an investor ready to finish the job on a property with the hard renovation work already started. Cash buyers and renovation financing welcome.

6bd
2ba
1,728sqft
3,241sqft lot
Circa 1954

More Louisiana Properties

1029-31 Lamanche St, New Orleans, LA 70117 $149,900

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: Ariell Galle

Brokered by Keller Williams Realty Services

Google Maps

Niche

The Pros

Unmatched Culture & Community: New Orleans offers a deep sense of identity anchored in jazz, Creole and Cajun cuisine, neighborhood parades, and year-round festivals (such as Mardi Gras, Jazz Fest, and French Quarter Fest). Neighbors tend to be exceptionally friendly and community-oriented.
Historic Architecture & Charm: From Spanish colonial buildings in the French Quarter to Victorian mansions in the Garden District and colorful shotgun houses in the Bywater, the city’s residential aesthetic is distinct and historic.
World-Class Food & Live Music: High-end dining, neighborhood po’boy shops, and live street or club performances are built into daily life rather than reserved just for special occasions.
Walkable Neighborhood Cores: Many historic neighborhoods—including the Marigny, Irish Channel, Uptown, and Mid-City—are highly walkable with tree-lined streets, local coffee shops, and proximity to green spaces like City Park and Audubon Park.
Relative Housing Affordability (Compared to Major Coasts): While prices have risen in recent years, base real estate prices remain lower than in East/West Coast metro areas.

The Cons

High Insurance & Utility Expenses: Although base home prices can be accessible, property insurance (windstorm, flood, and homeowners) and auto insurance premiums are among the highest in the country, adding significant monthly carrying costs.
Infrastructure Challenges: The city’s low elevation and age result in frequent potholes, street flooding during heavy downpours, occasional boil-water advisories, and ongoing water/sewer maintenance issues.
Hurricane & Weather Exposure: Long, hot, humid summers are standard. Furthermore, hurricane season (June to November) requires active preparation, potential evacuations, and risk of prolonged power outages.
Safety Concerns: While violent crime rates have shown notable downward trends in recent years, property crime and overall safety remain ongoing concerns that vary significantly by neighborhood and block.
Job Market & School System: Outside of tourism, hospitality, healthcare, shipping, and energy, the local job market is somewhat narrow for corporate or specialized technical roles. Public education operates largely on a unique all-charter system, leading many families to navigate complex enrollment lotteries or private school tuition.

Here are some general pros/cons people often weigh when talking about the Lower Ninth Ward (New Orleans).

Pros

Stronger sense of community & culture
- The Lower Ninth Ward has a distinct neighborhood identity and long-time residents tend to value community ties.
Rebuilding and long-term housing growth (in many areas)
- Large parts of the area have seen significant post-storm rebuilding; many homes are newer or renovated with modern construction practices.
Space and potential value (relative to some other NOLA neighborhoods)
- Compared with some more “in-demand” areas, prices can be lower, and there may be more housing stock with room to improve.
Close to major city destinations
- It’s still within driving distance of New Orleans’ key areas (downtown, East, Central Business District depending on where you are).
Strong neighborhood/heritage connections
- The area is historically important to NOLA’s story, and for some people that meaning matters a lot.

Cons

Flooding and storm risk is a major concern
- The Lower Ninth Ward is historically vulnerable to flooding (including hurricane storm surge and heavy-rain impacts). Even “rebuilt” areas may vary by elevation and drainage.
Insurance can be expensive or difficult
- Higher-risk areas often face higher premiums, stricter underwriting, or coverage limitations—this can materially affect the monthly cost of owning.
Infrastructure and utilities quality may vary by micro-location
- Some streets have more recent repairs/updates than others. It’s worth checking sewerage/drainage, road condition, and nearby drainage infrastructure.
Property resale/market liquidity can be uneven
- In neighborhoods with elevated risk or where reconstruction was uneven, homes can be harder to value consistently, and resale can be slower depending on buyer sentiment.
Past disaster impacts can linger
- Things like stormwater patterns, landscaping, and the “feel” of the block can differ widely from one area to another.