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Mixed-Use Property with Commercial Variance

1516 18 S Carrollton Avenue, New Orleans, LA 70118

For Sale
$499,000

Commercial Sale, New Orleans, LA

Property Size3,527 SF
Lot Size0.09 Acres
Price / SF$141.48
Days on Market10

Property Features for 1516 18 S Carrollton Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning HU-RD2
Parking features On Street
Lot features Shade Tree(s)
Directions On the Riverside of Carrollton Ave
Standard status Active
APN 1516-SCARROLLTONAV
Size 3,527 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description Sq 194 Lot 5 S Carrollton 30 X 130 1516-18 So Carrollton
Tax Annual Amount 6904
Legal Description Sq 194 Lot 5 S Carrollton 30 X 130 1516-18 So Carrollton

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Flooring type Wood, Hardwood, Carpet
Building materials Vinyl Siding
Listing Agency: McEnery Residential, LLC (MCEN02)
Listed By: Joyce M Delery · License #995682342
Added: Oct 29 Changed: Nov 5 Last Checked: Nov 7 at 7:06AM
MLS# 200OGR

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Located on Carrollton Avenue in New Orleans, this 3,527-square-foot mixed-use property sits on a 0.09-acre lot. The 1910 building has vinyl siding, wood and carpet flooring, and window-unit cooling. Public water and sewer serve the property, and cable is available.

The two addressed portions have different zoning circumstances: 1516 has a commercial zoning variance, while 1518 is currently residential. The property carries an HU-RD2 zoning designation; purchasers should verify zoning and potential uses. Parking is on street.

Key Highlights

  • 3,527 square feet on a 0.09‑acre lot
  • 1910 construction with vinyl siding
  • 1516 has a commercial zoning variance; 1518 is currently residential

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

EconoTax Inc Accounting Firm

Suggested Use

Top Pick Dental Office Parking Lot & Garage Nail Salon HVAC Service Electrical Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in New Orleans, LA

$283 Jul
$262 Aug
$266 Sep
$278 Oct

Properties on Market for Mixed-use properties in New Orleans

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines commercial and residential zoning, with public water and sewer service.
Where is this mixed-use property located?
The property is located at 1516 18 S Carrollton Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,527 square feet on a 0.09‑acre lot; 1910 construction with vinyl siding; 1516 has a commercial zoning variance; 1518 is currently residential
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