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.
For sale
Price cut: $75K (8/17)
$1,225,000
1505 CATHERINE STREET, ORLANDO, FL 32801
8beds
5baths
3,658sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$1,146,600 Zestimate®
$335/sqft
$-- HOA
What's special
Eight bedroomsFive bathroomsNatural gas rangeGas dryerContemporary materialsPrivate fenced backyardFully renovated historic home
- 79 days
- 1,006
- 88
Zillow last checked:
Listing updated:
Listed by:
Carla Trine 407-756-6392,
MAINFRAME REAL ESTATE 407-513-4257
Source: Stellar MLS,MLS#: O6417011
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Rooms
- Room types: Utility Room
Heating
- Electric
Cooling
- Central Air, Ductless
Appliances
- Laundry: Inside
Features
- Ceiling Fan(s), Solid Surface Counters, Thermostat, Walk-In Closet(s)
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 3,658 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached, Carport
- Attached garage spaces: 1
- Carport spaces: 4
- Covered spaces: 5
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Mailbox, Sidewalk
Lot
- Size: 9,910 Square Feet
Details
- Parcel number: 362229439200270
- Zoning: R-2B/T/AN
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Concrete, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected
Community & HOA
Community
- Security: Security Fencing/Lighting/Alarms
- Pet fee: $0 monthly
- Subdivision: LAKE DAVIS HEIGHTS
HOA
- Has HOA: No
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $335/sqft
- Tax assessed value: $567,402
- Annual tax amount: $10,644
- Date on market: 6/20/2026
- Cumulative days on market: 80 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 9000
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$1,146,600
$1.09M - $1.20M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Price change | $1,225,000-5.8%$335/sqft |
Source: | ||
| 6/20/2026 | Listed for sale | $1,300,000$355/sqft |
Source: | ||
| 11/20/2025 | Listing removed | $1,300,000$355/sqft |
Source: | ||
| 11/1/2025 | Price change | $1,300,000-7.1%$355/sqft |
Source: | ||
| 9/23/2025 | Listed for sale | $1,400,000+449%$383/sqft |
Source: | ||
| 5/1/2025 | Listing removed | $3,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/10/2025 | Listed for rent | $3,100+5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/8/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 10/21/2022 | Price change | $2,950-7.8%$1/sqft |
Source: Zillow Rental Network_1 #O6064011 Report a problem | ||
| 10/5/2022 | Price change | $3,200-5.9%$1/sqft |
Source: Zillow Rental Network_1 #O6064011 Report a problem | ||
| 10/2/2022 | Listed for rent | $3,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/17/2017 | Sold | $255,000-19%$70/sqft |
Source: Stellar MLS #O5429827 Report a problem | ||
| 12/16/2016 | Listed for sale | $315,000$86/sqft |
Source: MORRIS WILLIAMS REALTY #O5429827 Report a problem | ||
| 7/31/2016 | Pending sale | $315,000$86/sqft |
Source: MORRIS WILLIAMS REALTY #O5429827 Report a problem | ||
| 4/16/2016 | Price change | $315,000-3.1%$86/sqft |
Source: MORRIS WILLIAMS REALTY #O5429827 Report a problem | ||
| 3/29/2016 | Listed for sale | $325,000$89/sqft |
Source: MORRIS WILLIAMS REALTY #O5429827 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,644 +113.7% | $567,402 +111.6% |
| 2023 | $4,980 +57.7% | $268,172 +29% |
| 2022 | $3,158 +2.2% | $207,806 +3.2% |
| 2021 | $3,091 +0.9% | $201,268 +1.4% |
| 2020 | $3,062 +1.3% | $198,489 +2.3% |
| 2019 | $3,024 +1.2% | $194,026 +1.9% |
| 2018 | $2,989 | $190,408 -19.1% |
| 2017 | $2,989 -29.2% | $235,498 +30.8% |
| 2016 | $4,220 +15.3% | $180,083 -0.7% |
| 2015 | $3,659 +55.2% | $181,411 +21.6% |
| 2014 | $2,358 +6.6% | $149,207 +1.2% |
| 2013 | $2,211 -0.4% | $147,396 +0.2% |
| 2012 | $2,219 +26.7% | $147,084 -1% |
| 2011 | $1,752 -8.9% | $148,549 -8% |
| 2010 | $1,922 | $161,474 -12.5% |
| 2009 | -- | $184,647 -20.1% |
| 2008 | $2,405 -2.8% | $231,103 -15.2% |
| 2007 | $2,475 -5.3% | $272,486 -3% |
| 2006 | $2,613 +0.4% | $280,808 +50.5% |
| 2005 | $2,602 +9.3% | $186,616 +14.6% |
| 2004 | $2,382 +0.3% | $162,902 +0.9% |
| 2003 | $2,376 +30.4% | $161,499 +29.6% |
| 2002 | $1,822 +26.1% | $124,598 +33.1% |
| 2001 | $1,444 +3.6% | $93,640 +6.3% |
| 2000 | $1,394 | $88,094 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lake Davis-Greenwood
Nearby schools
Schools provided by the listing agent
- Elementary: Blankner Elem
- Middle: Blankner School (K-8)
- High: Boone High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







