115 E 16TH Street, Reserve, LA 70084 (MLS# NO2552338)

115 E 16TH Street, Reserve, LA 70084

$460,000
Property Type: MultiFamily Square Footage: 5,500 Status: Active
Current Price: $460,000 List Date: 4/14/2026 Last Modified: 5/04/2026

Overview

Description

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.

Listing Details MLS# NO2552338

Listing Info

Delayed Marketing
No
Listing Price
460000
List Price/SqFt
83.64
Document Modified
2026-04-15 15:02:03.864913
Modification Timestamp
2026-05-04T19:15:18Z
Photo Modified
2026-04-15T20:02:08Z

Location Tax Legal Info

Street Number
115
Dir
E
Street Name
16TH Street
Parish
St. John the Baptist
State
LA
Zip Code
70084
Tax Assessment Number
0500183700
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 St. destination on the left Bounding Streets: HWY 44

General Property Description

Number of Units
5
Stories
2
SqFt - Total
5500
SqFt - Source
Measured
Individual Metered?
Yes
Lot Dimensions
101x65

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
57714211
Originating System Listing ID
2552338
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
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

More Information

Remarks & Misc

Remarks
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.

Office/Member/Contract Info

List AOR
NOMAR

Parking

Parking Lot
Yes

Construction

Brick
Yes

Foundation

Slab
Yes

Roof

Metal
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Financing

Lease Purchase
Yes
Owner Finance
Yes

Tenant Pays

Electric
Yes
Water
Yes

Property Features

Parking: Parking Lot Construction: Brick Foundation: Slab Roof: Metal Heating: Central Cooling: Central Air Tenant Pays: Electric; Water Financing: Lease Purchase; Owner Finance
IDX
Listing Office: 1 Percent Lists United
Last Updated: May - 04 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.