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ORLANDO, FL 32801 1505 CATHERINE STREET

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Presented By: MAINFRAME REAL ESTATE with 407-513-4257. - 407-513-4257
  • MLS# O6346359
  • 09/23/2025
  • Request Tour
  • Request Info
  • SQFT • 3,636
  • Garage • 1

Home Details

***Unique Investment Opportunity in the Heart of Orlando – 4 Units on One Lot***Discover 1505 Catherine Street, a one-of-a-kind income-producing property offering the perfect balance of charm, lifestyle, and modern construction. This exceptional 4-unit, 3,658 sq. ft. investment includes a beautifully renovated main house and a newly built triplex, creating an opportunity that’s rare to find in today’s market. The front home, originally built in 1950 and fully renovated in 2018, features three bedrooms, a flex room, and two bathrooms. With its welcoming picket fence, private back patio, and inviting curb appeal, this home is as charming as it is functional. Behind the main residence, you’ll find a brand-new (2023) triplex, thoughtfully designed with modern finishes and built to maximize rental potential. Investment Highlights: Total: 4 units | 8 bedrooms | 5 bathrooms | 3,658 sq. ft. Current NOI: $91,000 (6.5% cap rate) with long-term tenants plus a legal Airbnb. Rental income: $6,500/month from 3 separately leased units, plus $3,700/month from the Airbnb. Upside potential: Convert one long-term unit to short-term rental to achieve $112,000 NOI (8% cap rate). Renovated main home (2018) + brand-new triplex (2023). All units include private washer/dryer and all appliances convey. Airbnb unit conveys fully furnished. Private parking for 4 cars, plus a one-car garage for the triplex. Nestled in the desirable Lake Davis–Greenwood neighborhood, residents enjoy tree-lined streets, neighborhood charm, and easy access to the best of Orlando. Walk to neighborhood favorite 903 Mills Market, take evening strolls around Lake Davis or Greenwood Urban Park, and enjoy a short 10-minute walk to Delaney Park or 15 minutes to vibrant Thornton Park. Just minutes away are the Orlando Health Complex, Dr. Phillips Performing Arts Center, Kia Center, and Orlando City Soccer Stadium, putting world-class entertainment, dining, and culture right at your doorstep. Whether you’re looking to expand your portfolio with strong, stable returns or maximize profits through short-term rentals, this property delivers. With its prime location, lifestyle appeal, updated construction, and proven income, 1505 Catherine Street is truly an investor’s dream. https://www.airbnb.com/rooms/1277620304171843437?check_out=2025-10-07&viralityEntryPoint=1&unique_share_id=34AC4D32-8589-4682-AFB9-4829FD49E93C&slcid=e38af651e8814aa89750c71a74eaf06e&s=76&adults=2&check_in=2025-10-01&slug=ChZpdpRl&source_impression_id=p3_1758643741_P3l08y97s45f6Qj8
Presented By: MAINFRAME REAL ESTATE with 407-513-4257. - 407-513-4257

Interior Features for 1505 CATHERINE STREET

Bedrooms

Total Bedrooms

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourceowner
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior Amenitiesceiling fan(s), solid surface counters, thermostat, walk-in closet(s), window treatments
Laundry Featuresinside

General for 1505 CATHERINE STREET

Additional Parcels Y/NNo
Additional Roomsinside utility
Attached Garage Yes
Building Area Unitssquare feet
Carport Spaces4
Carport Y/NYes
Cityorlando
Construction Materialsconcrete, stucco
Coolingcentral air, mini-split unit(s)
Countyorange
Directionsfrom downtown orlando, turn left on south street, and turn right onto mills avenue (us-17). continue south, then turn left onto catherine street. the property will be on left towards the end of the stre
Elementary Schoolblankner elem
Flood Zone Codex
Flood Zone Code XY
Garage Spaces1
Garage Y/NYes
Gross Income142437
HOANo
Heatingelectric
High Schoolboone high
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlake davis heights g/71 lot 27
Levelstwo
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet9910
Lot Size Unitssquare feet
MLS Area32801 - orlando
Middle/Junior High Schoolblankner school (k-8)
ModificationTimestamp2025-09-24t10:47:24.683z
New ConstructionNo
Number Of Units Total4
Occupancy Typetenant
Ownershipfee simple
Pets Allowedcats ok, dogs ok
Property Conditioncompleted
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelake davis heights
Tax Annual Amount10644
Tax Lot27
Tax Year2024
Utilitiescable available, cable connected, electricity available, electricity connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1950
Zoningr-2b/t/an

Exterior for 1505 CATHERINE STREET

Covered Spaces5
Exterior Amenitiesprivate mailbox, sidewalk
Foundation Detailsslab
Lot Size Acres0.23
Lot Size Area9910
Number of Buildings2
Private PoolNo
Road Surface Typepaved
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Boone High
Middle School Blankner School (K-8) Middle School
Elementary School Blankner Elem

Steven Silcock

Broker Owner
Price $1,400,000
MLS#O6346359
List Date 09/23/2025
Property Type Income
Phone 407.574.0218
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