2550 Date Street, Honolulu, HI 96826

$2,638,000

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List Price
$2,638,000
Status
ACTIVE
Type
Multifamily
MLS#
202616575
Days on Market
1
Land Area
8,211
Year Built
1958
Property Type
Residential
Neighborhood
Kapiolani
Land Tenure
FS - Fee Simple

Property Description

RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
View
Other
Lot Size
8,211
Construction Materials
Concrete
Neighborhood
Kapiolani
Frontage
Other
Furnished
Partially
Year Built
1958
Sewer
Connected
Parking Features
Assigned, Open, Tandem
Lot Features
Corner Lot, Dead End, Flag Lot, Interior Lot, Level
Stories
2
Assessed Total
1955000
Water
Public

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Five Star Realty, Inc..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 382-6871