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115 E 16th Street, 
Reserve, LA 70084

$460,000

Last List Price

Bed


Bath


5,500

Sq Ft


Multi-Family

Sold

Listed by

Shawn Lemoine

1 Percent Lists United

985-227-9523

MLS#

NO2552338

Source:

LA RAAMLS

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About This Home

115 E 16th Street

Fully occupied 5-plex in Reserve, Louisiana offering immediate cash flow. Each unit features 2 bedrooms and 1.5 bathrooms with updated systems throughout. Major improvements within the last 5 years include HVAC units, hot water heaters, windows, refrigerators and Hardy board siding, just to name a few. Located in X-flood zone. Durable metal roof adds long-term value. Renovations to all units in 2022/2023. Tenants pay all utilities and provide their own washer/dryer. Great opportunity for investors seeking a stabilized, income-producing property.

Home Facts

Multi-Family

Price Summary

460,000

$83 per Sq. Ft.

MLS #:

NO2552338

Sold:

July 8, 2026


Structure

Structure

Building Area:

5,500 Sq. Ft.


Lot

Lot Size (Sq. Ft):

6,564


Finances & Disclosures

Finances

Price:

$460,000

Price per Sq. Ft:

$83 per Sq. Ft.

Source:LA RAAMLS
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