| Description | 2848 Date Street presents a rare opportunity to acquire a fully stabilized, renovated multifamily asset in one of Honolulu's most supply-constrained submarkets. With over $450,000 of recent capital improvements, investors can benefit from modernized units, reduced maintenance exposure, and strong in-place income. The property's combination of prime location, consistent occupancy, and upgraded condition positions is a turnkey investment offering immediate cash flow and long-term value appreciation potential. For investors seeking durable performance and exposure to Hawaii's resilient, high-barrier-to-entry multifamily market, 2848 Date Street stands out as a compelling opportunity. Note: One or more photos may have been enhanced. |
|---|---|
| Status | Sold since 11-17-2025 |
| MLS# | 202525623 |
| Price | $5,100,000 |
| Original Price | $5,100,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 3 |
| Two Bed Units | 8 |
| Three Bed Units | 1 |
| Living Sq Ft | 8,388 |
| Land Sq Ft | 5,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2848 Date Street Honolulu HI 96816 |
| Region | Metro |
| Neighborhood | Kapahulu |
| Days on Market | 115 |
| Year Built | 1979 |
| Year Remodeled | 2025 |
| Condition | Excellent |
| View | City, Garden, Mountain |
| Parking | Assigned, Open |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AE |
| Tax Amount | $972 |
| Assessed Land | $1,400,000 |
| Assessed Building | $1,932,500 |
| Assessed Total | $3,332,500 |
| Assessed Ratio | 153% |
| Utilities | Cable, Internet, Overhead Electricity, Public Water |
| Construction | Hollow Tile |
| Lot Features | Clear |
| Disclosures | None |
| Land Recorded | Regular System |
| Possession | At Closing, Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-2-7-035-083-0000 |
| Listing courtesy of | Marcus Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 05-08-2026 | 202525623 | Sold | C | S | $5,100,000 | $4,800,000 | $3,332,500 | $1,400,000 | $1,932,500 |
| 03-12-2026 | 202525623 | Active Under Contract | A | C | $5,100,000 | $4,800,000 | $3,332,500 | $1,400,000 | $1,932,500 |
| 11-17-2025 | 202525623 | New Listing | A | $5,100,000 | $4,800,000 | $3,332,500 | $1,400,000 | $1,932,500 |
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