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$1,400,000
Listing Price3beds
5baths
1,603sqft
9,910sqft lot
1505 Catherine St, Orlando, FL 32801
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
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 thats rare to find in todays 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, youll find a brand-new (2023) triplex, thoughtfully designed with modern finishes and built to maximize rental potential.nnInvestment Highlights:nTotal: 4 units | 8 bedrooms | 5 bathrooms | 3,658 sq. ft.nCurrent NOI: $91,000 (6.5% cap rate) with long-term tenants plus a legal Airbnb.nRental income: $6,500/month from 3 separately leased units, plus $3,700/month from the Airbnb.nUpside potential: Convert one long-term unit to short-term rental to achieve $112,000 NOI (8% cap rate).nRenovated main home (2018) + brand-new triplex (2023).nAll units include private washer/dryer and all appliances convey.nAirbnb unit conveys fully furnished.nPrivate parking for 4 cars, plus a one-car garage for the triplex.nnNestled in the desirable Lake DavisGreenwood neighborhood, residents enjoy tree-lined streets, neighb
Interior Details
1603
3
5
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
Ceramic Tile
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
9910
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
N/A
Concrete Block/stucco
N/A
Gable/hip
Composition Shingle
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$2,939
$0
$0
--%
$198,489
2019
$3,023
$0
$0
--%
$194,026
2018
$2,989
$0
$0
--%
$190,408
2017
$4,219
$125,000
$110,498
--%
$235,498
2016
$3,659
$105,000
$75,083
--%
$180,083
2014
$2,357
$0
$0
--%
$149,207
2013
$2,211
$0
$0
--%
$147,396
2012
$2,219
$0
$0
--%
$147,084
Average Home Price in 32801
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Orlando’s real estate market has seen fluctuations with average property values and sale prices, with potential impacts from broader economic factors. Nearby cities show varied trends, potentially benefitting from urban sprawl or increased investment.





