| 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. |
|---|---|
| Status | Active since 08-30-2026 |
| MLS# | 202616575 |
| Price | $2,638,000 |
| Original Price | $2,638,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 8 |
| Two Bed Units | 0 |
| Three Bed Units | 0 |
| Living Sq Ft | 3,200 |
| Land Sq Ft | 8,211 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2550 Date Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Kapiolani |
| Days on Market | 28 |
| Year Built | 1958 |
| Year Remodeled | 2023 |
| Condition | Average |
| View | Other |
| Frontage | Other |
| Parking | Assigned, Open, Tandem |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Tax Amount | $568 |
| Assessed Land | $1,724,300 |
| Assessed Building | $230,700 |
| Assessed Total | $1,955,000 |
| Assessed Ratio | 135% |
| Utilities | Overhead Electricity, Public Water, Sewer Connection Reqd, Sewer Fee, Water |
| Construction | Concrete |
| Lot Features | Flag Lot |
| Disclosures | Licensed Owner |
| Land Recorded | Land Court |
| Possession | At Closing, Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Aluminum/Steel |
| Easements | Driveway, Other |
| Parcel # | 1-2-7-022-021-0000 |
| Listing courtesy of | Five Star Realty, Inc. |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-30-2026 | 202616575 | New Listing | A | $2,638,000 | $0 | $1,955,000 | $1,724,300 | $230,700 | |
| 09-28-2012 | 1207782 | Sold | P | S | $1,250,000 | $1,280,000 | $1,012,800 | $833,300 | $179,500 |
| 09-28-2012 | 1207782 | Pending | C | P | $1,250,000 | $1,280,000 | $1,012,800 | $833,300 | $179,500 |
| 07-13-2012 | 1207782 | Active Continue to Show | A | C | $1,250,000 | $1,280,000 | $1,012,800 | $833,300 | $179,500 |
| 07-10-2012 | 1207782 | New Listing | A | $1,250,000 | $1,280,000 | $1,012,800 | $833,300 | $179,500 |
View the public schools for this property · Google Maps · Supermarkets · Schools · Hospitals · Restaurants · Beaches · City Tax Record / Plat Map · View beach access points all over Oahu · Buyer Closing Cost Calculator · Seller Closing Cost Calculator
