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
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
Property Details
Price:
$1,300,000
MLS #:
O6418718
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LAKE DAVIS HEIGHTS
Neighborhood:
32801orlando
Listed Date:
Jun 20, 2026
Finished Sq Ft:
3,636
Total Sq Ft:
3,636
Lot Size:
9,910 sqft / 0.23 acres (approx)
Year Built:
1950
See this Listing
Schools
Elementary School:
Blankner Elem
Middle School:
Blankner School (K-8)
High School:
Boone High
Interior
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Engineered Hardwood, Tile
Heating
Electric
Interior Features
Ceiling Fan(s), Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments
Laundry Features
Inside
Levels
Two
Exterior
Attached Garage YN
1
Construction Materials
Concrete, Stucco
Covered Spaces
5
Direction Faces
South
Exterior Features
Private Mailbox, Sidewalk
Fencing
Board
Garage Spaces
1
Patio And Porch Features
Porch, Rear Porch
Roof
Shingle
Window Features
Blinds
Financial
Tax Year
2024
Taxes
$10,644
Map
Community
- Address1505 CATHERINE STREET ORLANDO FL
- SubdivisionLAKE DAVIS HEIGHTS
- CityORLANDO
- CountyOrange
- Zip Code32801
Market Summary
Current real estate data for Single Family in ORLANDO as of Jun 26, 2026
3,179
Single Family Listed
97
Avg DOM
287
Avg $ / SqFt
$677,002
Avg List Price
Property Summary
- Located in the LAKE DAVIS HEIGHTS subdivision, 1505 CATHERINE STREET ORLANDO FL is a Single Family for sale in ORLANDO, FL, 32801. It is listed for $1,300,000 and features 4 beds, 2 baths, and has approximately 3,636 square feet of living space, and was originally constructed in 1950. The current price per square foot is $358. The average price per square foot for Single Family listings in ORLANDO is $287. The average listing price for Single Family in ORLANDO is $677,002. To schedule a showing of MLS#o6418718 at 1505 CATHERINE STREET in ORLANDO, FL, contact your agent at 407-583-9870.
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Courtesy of MAINFRAME REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1505 CATHERINE STREET
ORLANDO, FL