LPD said they believe the teens tried to rob 34-year-old Mark Morris at a house at 2906 East Colgate St on Thursday.
According to reports the suspects told Morris to get on the ground and stay still, but when Morris moved one of the teens shot him.
Morris was taken to University Medical Center in a private car and died later that night.
Gwen Oiner just moved in next door to the house where it happened.
"It makes me leery," said Oiner. "I work late. I get up early in the morning and go to work around 5 o'clock and it's kind of scary to go out."
Police said the teens took a TV and a Playstation from the residence.
The investigation is still ongoing.