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Mark, no, this is classified as a "Pistol" since the barrel is less than 16 inches so you must be 21 or older to legally purchase.
Must be 21 to purchase, and legal age to 'possess' varies by state. Federal law is minimum of 18 to possess, but state laws will take precedence.
Although it is not legal for an 18 year old to purchase, the parent or guardian of the child can purchase the firearm and under that parents supervision can use the weapon responsibly which seems more reasonable what you are asking since you would not carry this like a handgun since it is classified as a handgun because of the size. So with your question being is it legal yes and no, but definitely not for an 18 year old to purchase but with parent supervision you can possess it under the right circumstances.
its a pistol It is Illegal for a person under 21 to purchase a handgun from a FFL but may be legal to purchase from a individual depending on state laws (NC allows 18-21 to purchase from individuals as long as the 18-21 year old gets the required pistol purchase permit from the sheriffs office)