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Listed price in listed location currency (USD).
$1,300,000

421

MLS® O6418718

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3636 sqft
Garage Yes
Taxes $10,644
Days Active 0
Lot Size 0.23 Acres
Approx. Age 1950
Avg. Price Per Sqft $357
MLS® Number O6418718

Property Address: 1505 Catherine St, ORLANDO, FL, 32801-4207

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberO6418718
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
Driveway
Garage Spaces
HeatElectric
A/CCentral Air, Mini-Split Unit(s)

Extras

Rooms

Bedroom 4:First FloorNot available
Dining Room:First FloorNot available
Other:First FloorNot available
Bedroom 3:First FloorNot available
Bedroom 2:First FloorNot available
Living Room:First FloorNot available
Kitchen:First FloorNot available

Home Estimate Zoopraisal®

This property is estimated to sell between: $594,000 and $1,653,000.
Similar properties in this area sold on average for: $594,039
Expected to sell in 55 days. Similar properties sold in 55 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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