115 E 16th St
Reserve, LA 70084
10 Beds
7.5 Baths
5,500 sqft
10 Beds
7.5 Baths
5,500 sqft
Local Information
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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.
Home Highlights
Parking
Parking Lot
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$84
Listed
23 days ago
Home Details for 115 E 16th St
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 10Number of Bathrooms (full): 5Number of Bathrooms (half): 5 |
Dimensions and Layout Living Area: 5500 Square Feet |
Appliances & Utilities Laundry: Laundry Room |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Roof: MetalFoundation: Slab |
Parking & Garage No Attached GarageParking: Parking Lot |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 23 |
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Year Built Year Built: 1981 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Other |
Building Construction Materials: Brick, HardiPlank TypeDoes Not Include Home Warranty |
Property Information Condition: Very Good ConditionParcel Number: 0500183700 |
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Price List Price: $460,000Price Per Sqft: $84 |
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Direction & Address City: Reserve |
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Listing Agent Listing ID: 2552338 |
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HOA Name: none |
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Lot Area: 6565 sqft |
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Special Conditions: None |
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Energy Efficiency Features: Windows |
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Expense Tenant Pays: Electricity, Water |
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Mls Number: 2552338Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-22095-N-0500183700-R-N |
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Days On Market Replication: 20 |
Last check for updates: about 3 hours ago
Listing courtesy of Shawn Lemoine, (504) 495-6120
1 Percent Lists United, (985) 227-9523
Price History for 115 E 16th St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/04/2026 | $460,000 | PriceChange | GSREIN #2552338 |
| 04/15/2026 | $480,000 | Listed For Sale | GSREIN #2552338 |
| 12/02/2025 | $480,000 | ListingRemoved | GSREIN #2504602 |
| 06/01/2025 | $480,000 | Listed For Sale | GSREIN #2504602 |
| 02/05/2025 | $480,500 | ListingRemoved | GSREIN #2443048 |
| 05/11/2024 | $480,500 | Listed For Sale | GSREIN #2443048 |
| 08/19/2021 | -- | Sold | GSREIN #2303056 |
| 07/03/2021 | $360,000 | Pending | GSREIN #2303056 |
| 06/03/2021 | $360,000 | Listed For Sale | GSREIN #2303056 |
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Comparable Sales for 115 E 16th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.66 | Multi-Family Home | - | 06/30/25 | 8 | 6 | 4,400 | |
2.95 | Multi-Family Home | - | 07/23/25 | 8 | 6 | 3,819 | |
3.31 | Multi-Family Home | - | 10/24/25 | 8 | 8 | 3,500 | |
3.02 | Multi-Family Home | - | 10/17/25 | 4 | 4 | 2,230 | |
3.28 | Multi-Family Home | - | 09/02/25 | 4 | 4 | 2,250 | |
3.32 | Multi-Family Home | - | 09/02/25 | 4 | 4 | 2,502 | |
3.30 | Multi-Family Home | - | 09/01/25 | 4 | 4 | 2,200 | |
2.81 | Multi-Family Home | - | 05/30/25 | 8 | - | 4,100 |
Assigned Schools
These are the assigned schools for 115 E 16th St.
- East St. John High School
- 9-12
- Public
- 1459 Students
3/10GreatSchools RatingParent Rating AverageThis is by far, the most horrible school I have ever encountered. The faculty and staff are not in communication with one another and never know what is going on, who to even refer me to when there is an issue. Do not count on them doing anything that they are actually required to do, such as fixing attendance when you bring in Doctors notes, etc. This school is practically a place to just go and buy drugs and do them. There are fights nearly everyday. Half of the teachers are uncertified, and just spend the day at their desk, while instructing the children to do their work online.The teachers do not care if your children do not do the work, as they are allowed to listen to music, play on their phones, and sleep in class. They will send your child home for wearing a hoodie in the middle of winter (while in the schools policy book it clearly states that they are allowed to wear any kind of jacket as long as it's not red or blue (because, I guess the students here also think they are in gangs!) My daughter was always an honor roll. To make matters even worse, I decided to remove her from this school and put her in another school in another city. It took the staff at ESJ ONE MONTH to get her transcripts sent over because they principal did not enter her grades into the system when the school board asked her to do so. Finally I had to make several in person visits to the school, demanding they send the transcript (all the while they tell me over the phone to not come in, that they will get it handled! Now my daughter has had to start and you semester a month behind and does not know any of the work at the new school! She is now in danger of failing ALL classes for this semester!Parent Review2y ago - West St. John Elementary School (K-7)
- PK-7
- Public
- 238 Students
6/10GreatSchools RatingParent Rating AverageWest St. john Elementary school is a very good school for young minds to be developed into future leaders. The principle is someone who thinks outside the box and encourages her faculty to do the same. There are a few bad apples in the bunch but overall these few does not contradict the education process that is going on. my hat is off to west st.john and it's entire staff. i am a grandmother of a kindergarten student who supports what my grandchild's teacher is doing. West St. John Elementary isa great schoolParent Review12y ago - Fifth Ward Elementary School
- PK-4
- Public
- 362 Students
5/10GreatSchools RatingParent Rating AverageHorrible, absolutely horrible school. The kids are terrible and as they do have some great teachers, they can not do their job when these kids are only there cause its the law.Other Review6y ago 
Check out schools near 115 E 16th St.
What Locals Say about Reserve
At least 20 Trulia users voted on each feature.
88 % Say yards are well-kept
70 % Say there's holiday spirit
68 % Say car is needed
68 % Say parking is easy
67 % Say kids play outside
64 % Say it's dog friendly
60 % Say neighbors are friendly
60 % Say it's quiet
57 % Say people would walk alone at night
54 % Say there are community events
52 % Say streets are well-lit
52 % Say it's walkable to grocery stores
42 % Say they plan to stay for at least 5 years
30 % Say there are sidewalks
21 % Say there's wildlife
19 % Say it's walkable to restaurants
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shawn Lemoine, 1 Percent Lists United, (985) 227-9523
Agent Phone: (504) 495-6120
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
115 E 16th St, Reserve, LA 70084 is a 10 bedroom, 10 bathroom, 5,500 sqft multi-family built in 1981. This property is currently available for sale and was listed by GSREIN on Apr 15, 2026. The MLS # for this home is MLS# 2552338.