Property
ActiveResidential
1/54
$1,300,000

1505 CATHERINE STREET

Orlando, FL 32801
4
Beds
2
Baths
3,636
SqFt
0.23
Acres
STELLAR
#O6418718
Updated: Jun 21, 2026, 9:23am

Property Description

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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Included Appliances
DishwasherDisposalDryerRangeRefrigeratorWasher

Property Details

Interior
Additional Rooms
Inside Utility
Appliances
DishwasherDisposalDryerRangeRefrigeratorWasher
Bathrooms Total Decimal
2
Building Area Total
3636
Cooling
Central AirMini-Split Unit(s)
Flooring
Engineered HardwoodTile
Furnished
Negotiable
Heating
Electric
Interior Features
Ceiling Fan(s)Solid Surface CountersThermostatWalk-In Closet(s)Window Treatments
Laundry Features
Inside
Living Area
3636
Rooms Total
7
Window Features
Blinds
Construction
Building Area Source
Owner
Building Area Units
Square Feet
Construction Materials
ConcreteStucco
Direction Faces
South
Foundation Details
Slab
Levels
Two
Living Area Source
Owner
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Year Built
1950
Site & Exterior
Carport Spaces
4
Covered Spaces
5
Exterior Features
Private MailboxSidewalk
Fencing
Board
Flood Zone Code
X
Garage Spaces
Yes
I D X Participation
Yes
Lot Size Acres
0.23
Lot Size Area
9910
Lot Size Square Feet
9910
Lot Size Units
Square Feet
Patio And Porch Features
PorchRear Porch
Public Survey Range
29
Public Survey Section
36
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableCable ConnectedElectricity AvailableElectricity Connected
Vegetation
Mature Landscaping
Water Source
Public
Zoning
R-2B/T/AN
Financials
Calculated List Price By Calculated Sq Ft
357.54
Contract Status Change Date
2026-06-20
Currency Monthly Rent Amt
9000
Current Price
1300000
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2027-06-30
Minimum Lease
1-7 Days
Owner Name
OWNER ON RECORD
Ownership
Fee Simple
Parcel Number
362229439200270
Public Survey Township
22
Tax Annual Amount
10644
Tax Block
00
Tax Book Number
G-71
Tax Legal Description
LAKE DAVIS HEIGHTS G/71 LOT 27
Tax Lot
27
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
Main house has a full-time tenant (annual lease)the ADU features three separate units - two have annual lease tenantsone is furnished finders
M L S Area Major
32801 - Orlando
Pets Allowed
Cats OKDogs OK
Subdivision Name
LAKE DAVIS HEIGHTS
Schools
Ratings
Elementary
Blankner Elem
Middle
Blankner School (K-8)
High
Boone High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 21, 2026, 9:23am.
Carla Trine

Listing Agent

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