1505 Catherine Street, Orlando, FL 32801
Local realty services provided by:CENTURY 21 AllPoints Realty
Listed by: carla trine
Office: mainframe real estate
MLS#:O6417011
Source:MFRMLS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$334.88
About this home
4-UNIT INCOME PROPERTY • ~$108K+ ANNUAL GROSS RENT • NEAR DOWNTOWN ORLANDO • MINUTES FROM LAKE EOLA • 3 UNITS 2023 NEW CONSTRUCTION W/ FIRE SPRINKLERS • FRONT HOUSE RENOVATED 2018 • 4BR/2BA, 2BR/1BA, 2BR/1BA & STUDIO • 4X IN-UNIT LAUNDRY • 5 PRIVATE PARKING SPACES • NO HOA
A rare multi-family home and exceptional quadplex investment opportunity located in Downtown Orlando's highly sought-after Lake Davis-Greenwood neighborhood. This turnkey multiplex combines one fully renovated historic home with a triplex featuring three new apartments on a single parcel, offering an ideal opportunity for investors, owner-occupants, or those seeking a multi-generational living arrangement.
Encompassing approximately 3,658 square feet, this quadraplex includes four income-producing units with eight bedrooms, five bathrooms, and one separately metered one-car garage accessed from the exterior. Tenants enjoy four private parking spaces plus guest parking off Catherine Street. Each residence features its own private washer and dryer, creating a highly desirable, low-maintenance rental property designed to support premium rents.
The property typically generates approximately $9,000 per month in gross rental income (approximately $108,000 annually), with a diversified unit mix that provides multiple income streams and strong rental demand.
The front residence, originally built in 1950 and extensively renovated in 2018, offers three bedrooms, two bathrooms, and a flexible bonus room ideal for a home office, playroom, or guest suite. Additional features include a natural gas range, an on-demand gas water heater, a gas dryer, a spacious primary bedroom, and a walk-in closet.
Behind the main home is a newly constructed building, completed in 2023, featuring three separate apartments with individual addresses (Units A, B, and C). The rear building includes a downstairs two-bedroom, one-bath apartment with a private fenced backyard, an upstairs two-bedroom, one-bath apartment with soaring 12-foot ceilings, and an upstairs studio apartment, all finished with contemporary materials and designed for low-maintenance ownership.
Whether you're searching for a high-performing multi-family home, an investment quadplex, a multiplex with excellent income potential, or a property suited for multi-generational living, this offering provides exceptional flexibility. Live in one unit while generating rental income from the others, or lease all four units for immediate cash flow and long-term appreciation.
Located within walking distance of 903 Mills Market, Lake Davis, Greenwood Urban Park, Delaney Park, and Thornton Park, the property also offers convenient access to Orlando Health, the Dr. Phillips Center for the Performing Arts, the Kia Center, Inter&Co Stadium (Orlando City Soccer), and Downtown Orlando's premier dining, entertainment, and employment centers....
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Home facts
- Year built:1950
- Subdivision & Development:LAKE DAVIS HEIGHTS
- Listing ID #:O6417011
- Added:80 day(s) ago
- Updated:September 08, 2026 at 06:34 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Kitchen Description:Solid Surface Counters
- Bedroom Description:Walk-In Closet(s)
- Living area:3,658 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:3,658 sq. ft.
- Lot area:0.23 Acres
- Construction Materials:Concrete, Stucco
- Exterior Features:Private Mailbox, 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:$1,225,000
- Price per sq. ft.:$334.88
- Tax amount:$10,644 (2024)
Features and amenities
- Laundry features:Inside
- 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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