1216-18 SAINT CHARLES Avenue, New Orleans, LA 70130
Other - New Orleans, LA
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 12:06 pm
Property Features for 1216-18 SAINT CHARLES Avenue
General Information
- Property type
- Other
- Property subtype
- Mixed Use
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- None
- Standard status
- Active
- APN
- 102104710
- Size
- 3,557 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Multi Units, Window Unit(s)
Building Details
- Year built
- 1942
- Building materials
- Other
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Adele Hunt (504) 782-2269
Listing office Engel & Völkers New Orleans 2844 Magazine Street, New Orleans, LA (504) 234-5000
Listing date Jun 26, 2026
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property on St. Charles Avenue with a leased street‑level commercial space and three residential units
- Landscaped private courtyard plus a rooftop terrace accessible from one of the residential units
- Central heating; central air and multi‑unit cooling plus window unit(s)
- Shingle roof
- Built in 1942
- Parking features: none
Overview
Located in New Orleans, the building is situated directly on Saint Charles Avenue, providing street-level presence for the commercial component and convenient access for residents. The configuration makes it suitable for tenants or buyers looking for a vertically integrated property where daily access and separate living space can coexist within the same asset.
For investors and owner-occupants, the combination of a leased commercial space and three residential units can support multiple income streams from one property. The presence of both a private courtyard and a rooftop terrace adds practical, in-home outdoor usability for the residential units, helping distinguish the living experience within a mixed-use building.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.4k | $24.00 |
| − Vacancy | −$8.5k | −$2.40 |
| EGI | $76.8k | $21.60 |
| − OpEx | −$28.8k | −$8.10 |
| NOI | $48.0k | $13.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.073882
- Latitude
- 29.940881
