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115 E 16TH Street
Reserve LA 70084 US

$480,000

Active Listing ID 2552338
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$480,000

Active Listing ID 2552338
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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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Metal
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 480000
  • unparsedaddress: 115 E 16TH Street
  • postalcity: Reserve
  • stateorprovince: LA
  • country: US
  • postalcode: 70084
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 5500
  • livingareaunits: Square Feet
  • latitude: 30.052174
  • longitude: -90.542542
  • listagentfullname: Shawn Lemoine
  • listagentemail: shawnlemoine@gmail.com
  • listagentkey: 3yd-NOMARLA-LEMOINESHA
  • listagentmlsid: LEMOINESHA
  • listagentpreferredphone: (985) 807-0001
  • listagentofficephone: 5044956120
  • listofficekey: 3yd-NOMARLA-PCLU01
  • listofficemlsid: PCLU01
  • disclaimer: Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NOMARLA
  • yearbuilt: 1981
  • listingcontractdate: 2026-04-14
  • listagenturl: http://www.1percentlists.com
  • countyorparish: St. John
  • parcelnumber: 0500183700
  • cooling: Central Air
  • heating: Central
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.54254, 30.052174
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"1 percent lists", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"shawnlemoine@gmail.com", "ListBrokerageCity":"Covington", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kelly@1percentlists.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"1 percent lists", "ListBrokeragePhone":"(985) 807-0001", "ListBrokeragePostalCode":"70433", "ListBrokerageStateOrProvince":"LA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"123 Terra Bella Blvd. Suite 2C", "ListBrokerageWebsiteUrl":"http://www.1percentlists.com", "ListOfficeAddress1":"302 Victoria Ct. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PCLU01", "ListOfficeCity":"Thibodaux", "ListOfficeCountry":"US", "ListOfficeEmail":"seth@1percentlists.com", "ListOfficePostalCode":"70301", "ListOfficeStateOrProvince":"LA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Reserve, LA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/115-E-16th-St_Reserve_LA_70084_M90672-51213?f=listhub&s=NOMARLA&m=2552338&c=rexren", "MLSModificationTimestamp":"2026-04-15 14:37:08", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"LOT 1A2 SQ SUB AUDIFFRED COB 314 / 733 PORTION ORIGINAL LOT 1 OF SEC 44 T11S R7E AUDIFFRED PARTITION 149/633 100'X64.52'X64.77'X100' (APARTMENTS #A, B", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/16/2026 9:52:59 AM GMT
Source Updated Date: 4/27/2026 12:41:47 PM GMT

Courtesy of: Shawn Lemoine, 1 Percent Lists United, shawnlemoine@gmail.com

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.