115 E 16th Street, Reserve, LA 70084

Reserve
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty
115 E 16th Street,Reserve, LA 70084
$460,000
  • 10 Beds
  • 10 Baths
  • 5,500 sq. ft.
  • Multi-family
  • Active
Listed by: shawn lemoine
Office: 1 percent lists united
MLS#:2552338
Source:LA_GSREIN

Price summary

  • Price:$460,000
  • Price per sq. ft.:$83.64

About this home

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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Home facts

  • Year built:1981
  • Listing ID #:2552338
  • Added:54 day(s) ago
  • Updated:June 08, 2026 at 03:18 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Full bathrooms:5
  • Half bathrooms:5
  • Living area:5,500 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Metal
  • Year built:1981
  • Building area:5,500 sq. ft.
  • Lot Features:Outside City Limits, Rectangular Lot
  • Construction Materials:Brick, HardiPlank Type
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$460,000
  • Price per sq. ft.:$83.64

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Parking description:Parking Lot

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