1505 Catherine Street, Orlando, FL 32801
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by: carla trine
Office: mainframe real estate
MLS#:O6418718
Source:MFRMLS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$357.54
About this home
A rare four-unit investment opportunity located in Downtown Orlando’s highly sought-after Lake Davis-Greenwood neighborhood, combining one fully renovated historic home with three newly constructed apartments on a single parcel. The property encompasses approximately 3,658 square feet and includes eight bedrooms, five bathrooms across four units, and one separately metered one-car garage accessed only from outside. Parking for tenants is convenient with 4 private parking spaces with guest parking off Catherine Street. Each unit features private washers and dryers and is designed to support premium rental rates and low-maintenance ownership.
The property generates approximately $9,000 per month in gross rental income, or approximately $108,000 annually, with a diversified unit mix that creates multiple income streams and supports strong rental demand. The front residence, originally built in 1950 and extensively renovated in 2018, offers three bedrooms, two bathrooms, a flexible bonus room ideal for a home office, playroom, or guest space, and includes a natural gas range, on-demand gas hot water, and a gas dryer with a large master bedroom and walk-in closet.
The rear building, newly constructed in 2023 with separate addresses for Units A, B, and C, includes a downstairs 2/1 apartment with a private backyard, an upstairs 2/1 fully furnished apartment with 12-ft ceilings, and an upstairs studio apartment, all featuring modern finishes and low-maintenance construction.
The walkable location is near 903 Mills Market, Lake Davis, Greenwood Urban Park, Delaney Park, and Thornton Park, with convenient access to Orlando Health, the Dr. Phillips Center for the Performing Arts, the Kia Center, Orlando City Soccer Stadium, and Downtown Orlando’s premier dining, entertainment, and employment centers. This property is ideal for investors seeking a turnkey asset or an owner-occupant looking to house hack, with strong potential for stable cash flow and long-term appreciation...
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Home facts
- Year built:1950
- Listing ID #:O6418718
- Added:1 day(s) ago
- Updated:June 21, 2026 at 02:09 AM
Rooms and interior
- Bedrooms:4
- Full bathrooms:2
- Flooring:Hardwood, Tile
- Kitchen Description:Dishwasher, Disposal, Range, Refrigerator, Solid Surface Counters
- Bedroom Description:Walk-In Closet(s)
- Living area:3,636 sq. ft.
Heating and cooling
- Cooling:Central Air, Mini-Split Unit(s)
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:3,636 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Concrete, Stucco
- Exterior Features:Porch, Private Mailbox, Rear Porch, Sidewalk
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Boone High
- Middle school:Blankner School (K-8)
- Elementary school:Blankner Elem
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$357.54
- Tax amount:$10,644 (2024)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Laundry features:Dryer, Inside, Washer
- Amenities:Cable Available, Cable Connected, Ceiling Fans(s), Electricity Available, Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
Parking
- Parking description:4 Car Carport, Attached Garage
- Garage:Yes
- Garage spaces:1
- Carport spaces:4
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