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Sold on 07/08/2026
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115 E 16th St, Reserve, LA 70084

  • $420,000

    Last sold 07/08/2026 after 83 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 115 E 16th St

Property type Multi-family
HOA fee $0/month
Lot size 6,565 Sqft
Movoto estimate
Property 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.
Listed by
Listing Agent - Shawn Lemoine
Listing Office - 1 Percent Lists United
Source: REALTOR® Association of Acadiana mls logo
MLS#NO2552338 • last updated 1 month ago
Movoto checked REALTOR® Association of Acadiana for data 10 minutes ago
Overview
Cooling/AC Central Air
Heating Central
Levels/Style 2
Status Sold
MLS # NO2552338
Lot Size (Acres) 0.1507
Lot Size (Sqft) 6565
Exterior
Construction Brick
Roof Metal
Foundation Slab
Parking Parking Lot
Location
APN 500183700
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
Multifamily Details
Total # of Units 5
$428K
Range: $350K-$505K
Last 30 days 
  • Jul 2026
    mls logo MLS # NO2552338
  • Jul 8, 2026 Sold
    $420,000 (+25.4%)
  • Apr 15, 2026 Listed
    $460,000 (-4.2%)
  • May 2026
    mls logo MLS # 2552338
  • May 19, 2026 Active
    —
  • Apr 14, 2026 Listed
    $480,000
  • Apr 2026
    mls logo MLS # NO2303056
  • Apr 24, 2026 Sold
    $335,000 (-27.2%)
  • Jun 3, 2021 Listed
    $360,000
  • Jun 2025
    mls logo MLS # 2504602
  • Jun 1, 2025 Listed
    $480,000 (-0.1%)
  • May 2024
    mls logo MLS # 2443048
  • May 11, 2024 Listed
    $480,500 (+33.5%)
  • Jul 2021
    mls logo MLS # 2303056
  • Jul 3, 2021 Pending
    —
  • Jun 3, 2021 Listed
    $360,000
  • Year Property taxes Tax assessment
  • 2024
    $3,184 -0.2%
    $25,500
  • 2023
    $3,191
    $25,500
  • 2022
    $3,191 +50.5%
    $25,500 +52.01%
  • 2021
    $2,120 +372.2%
    $16,775 +319.38%
  • 2020
    $449 -10.7%
    $4,000
  • 2019
    $503 +0.8%
    $4,000
  • 2018
    $498
    $4,000
  • 2017
    $498 +6.0%
    $4,000
  • 2016
    $470
    $4,000
  • 2014
    $470
    —
  • 115 E 16th St
    $420K
  • —
  • 70084
    $188K +13% y/y
  • Reserve
    $188K +13% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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