For Sale

Listed by Carla Trine from MAINFRAME REAL ESTATE

Source: Stellar MLS #O6346359

1505 Catherine St, Orlando, FL, 32801

$1,300,000

5
3636 sq. ft.
9910 sq. ft.

Duplex

30+ days on the market

What's around 1505 Catherine St

About this property

Seller Financing Available with $500k***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 (7.07% 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. ***Unit C is owner-occupied***Market value rent is $1300/monthly 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

Looking for more information on 1505 Catherine St?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$1,350,000
1455 Catherine St
Orlando FL 32801
4
Duplex
Listing courtesy of LIPPI REALTY LLC
For Sale
$1,299,000
37 Hill Avenue
Orlando FL 32801
Duplex
Listing courtesy of OLDE TOWN BROKERS INC
For Sale
$529,000
A + B/310 East Anderson Street
Orlando FL 32801
Duplex
Listing courtesy of BLUEPRINT RE GROUP LLC

Other properties for sale by MAINFRAME REAL ESTATE

For Sale
$2,199,000
9110 Morgana Court
Horizon West FL 34787
5
5
3
Single-Family
Listing courtesy of MAINFRAME REAL ESTATE
For Sale
$160,000
B14/U1101/1101 New Providence Promenade
Four Corners FL 33897
2
2
Condo
Listing courtesy of MAINFRAME REAL ESTATE
Pending
$495,000
2292 Stanford Ct
Clermont FL 34711
3
2
2
Single-Family
Listing courtesy of MAINFRAME REAL ESTATE

Browse properties sold in nearby areas

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 MLS GRID IDX Rules Updated September 16, 2024 7 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: dmca@ratemyagent.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.

Email
© 2026 RateMyAgent