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Uptown Mixed-Use Investment Opportunity
For Sale
$499,000

151618 CARROLLTON Avenue, New Orleans, LA 70118

Historic mixed-use property in desirable Uptown New Orleans location.

Property Size3,713 SF
Lot Size0.09 Acres
Price / SF$134.39
Days on Market362

Property Features for 151618 CARROLLTON Avenue

General Information

Standard status Active
Size 3,713 SF
Lot size 0.09 Acres
Property subtype General Commercial

Amenities

3
30 x 130

Building Details

Year Built 1910
Stories 2
Listing Agency: McEnery Residential, LLC
Listed By: Joyce Delery · License #995682342
Source: Xome
Added: Aug 31, 2025 Changed: Aug 25 Last Checked: Aug 26 at 5:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McEnery Residential, LLC

Investment Insights

Based on property information with market context.

Located along South Carrollton Avenue in Uptown New Orleans, the property at 1516-1518 S Carrollton Avenue is a mixed-use investment opportunity. Constructed around 1910, this two-story double building totals approximately 3,713 square feet on a 30' x 130' lot. It includes two residential units, with a commercial zoning variance for unit 1516. This variance allows for potential office, retail, or live-work use while maintaining its underlying HU-RD2 Historic Urban Two-Family Residential zoning. The property is near Tulane and Loyola Universities, Audubon Park, and the South Carrollton commercial corridor. It benefits from residential and neighborhood business demand. The property features off-street driveway parking, balconies, and covered porches. It is suited for investors, owner-occupants, or small businesses seeking a presence in a prime Uptown location. Cosmetic updates may add value.

Key Highlights

  • Prime Uptown New Orleans location on highly visible South Carrollton Avenue.
  • Mixed‑use investment opportunity with commercial zoning variance for office, retail, or live‑work use.
  • Historic two‑story double built circa 1910, totaling approximately 3,713 square feet.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Dental Office Building Supply Auto Parts Store Auto Repair Shop

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

1,516
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

Market

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use property in desirable Uptown New Orleans location.
Where is this mixed-use property located?
The property is located at 151618 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: Prime Uptown New Orleans location on highly visible South Carrollton Avenue.; Mixed‑use investment opportunity with commercial zoning variance for office, retail, or live‑work use.; Historic two‑story double built circa 1910, totaling approximately 3,713 square feet.
More about this property
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