$1,225,000
 $6,576 est/mo Sourced by Back At You

1505 Catherine St,ORLANDO, FL 32801

ORLANDO, FL 32801

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Description

Under contract-accepting backup offers. 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.

Details

MLS #O6417011
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive Under Contract
Year1950
Days On Site95
Listing Provided ByMAINFRAME REAL ESTATE | Carla Trine

Features

Bed(s)8
Bath(s)5
SQ Feet3,658
Garage1
Car PortYes
Story(s)2
Units4
ZoningR-2B/T/AN
Acreage0.23

Taxes

Property10644

Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32801
Area32801 Orlando
Community NameLAKE DAVIS HEIGHTS
School DistrictBoone High
Elementary SchoolBlankner Elem
High SchoolBoone High
Listing VS Median (in LAKE DAVIS HEIGHTS)
Price:
$1,225,000
low | high
Med:
$1,225,000
50% of Average
sqft:
3,658
low | high
Med:
3,658
50% of Average
$ / sqft:
$335
low | high
Med:
$335
50% of Average
On site:
95
low | high
Med:
95
100% of Average
Sourced by Back At You

Market Activity 32801

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of September 23, 2026 at 8:56:50 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyOrange
CityORLANDO
Zip Code32801
Area32801 Orlando
Community NameLAKE DAVIS HEIGHTS
School DistrictBoone High
Elementary SchoolBlankner Elem
High SchoolBoone High
Listing VS Median (in LAKE DAVIS HEIGHTS)
Price:
$1,225,000
low | high
Med:
$1,225,000
50% of Average
sqft:
3,658
low | high
Med:
3,658
50% of Average
$ / sqft:
$335
low | high
Med:
$335
50% of Average
On site:
95
low | high
Med:
95
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $918K - $1.531M
sqft: 2,500 - 4,500
Listing Updated: September 14, 2026 at 7:57:13 PM PDT
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