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115 E 16Th Street Reserve, LA $ 480,000
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115 E 16Th Street
$ 480,000
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115 E 16Th Street

Reserve, LA, 70084
$ 480,000
Bedrooms10 Baths5.5 Sq 5,500

Monthly Estimate*

$ 2,955

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Multi-Family Home for sale in Reserve, LA

for $480,000 with 10 bedrooms and 5 full baths, 5 half baths. This 5,500 square foot home was built in 1981.

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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Multi-Family Active

Price

$ 480,000

Bedrooms

10

Full Bath

5

Half Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1981

Town/City

Reserve

County/Region

St John the Baptist

MLS | Web ID

2552338
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Metal
Architectural Style Other
Pool Features None
Construction Materials Brick HardiPlank Type
Year Built 1981
Tenant Pays Electricity Water
Stories Count 2
Levels Two
Property Subtype Other
County St. John
Property Type Residential Income
Energy Efficient Windows
Full Baths 5
Status Active
Directions From Airline Hwy (US-61) head southeast/northwest toward E 22nd Street turn onto E 22nd Street travel towards river right on LA-44 (River Road) continue for approximately 0.5 miles. right onto E 16th
City Reserve
Association Name none
Number Of Units Total 5
Home Warranty Y/N 0
Property Condition Very Good Condition
Standard Status Active
Tax Lot 1A
Property Sub Type Additional Other
Legal Description 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
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Exterior
Parking Features Parking Lot
Lot Features Outside City Limits Rectangular Lot
Water Source Public
Lot Size Area 0
Foundation Details Slab
Lot Dimensions 101x65
Lot Size Acres 0
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Interior
Air Conditioning Y/N 1
Heating Y/N 1
Half Baths 5
Laundry Features Laundry Room
Total Bedrooms 10
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* Excluded Features
List By
1 Percent Lists United

Broker

shawnlemoine@gmail.com

Email

Affordability Calculator

$2,955
Per Month
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Monthly Principal & Interest
$2,955
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/15/2026$480,000 Listed Price

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115 E 16Th Street, Reserve, LA, 70084 is a Multi-Family Home for sale at $480,000 with 5,500 sqft. 115 E 16Th Street has 10 bedrooms, 5.5 baths, and was built in 1981. The property's zip code is 70084 which is in Reserve, LA

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