Honolulu Multifamily Investment
2128 Date Street Honolulu, HI 96826
For Sale
Under Contract
$1,993,000
MULTI_FAMILY - Honolulu, HI
Days on Market117
Property Features for 2128 Date Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
7
Parking features
Assigned
Standard status
Active Under Contract
APN
1-2-7-002-037-0000
Taxes and HOA fees
Tax Annual Amount
5340
Utilities
Utilities
Cable Available
Building Details
Year built
1950
Floors in Building
2
Number of units
8
Building materials
Hollow Tile, Wood Frame
Listing Agency:
Commercial Inv. Strategies
(808) 429-1098
Listed By:
Christina L Dwight · License #RB-20978
(808) 429-1098
Added: Apr 2
Changed: Jun 5
Last Checked: Jul 27 at 12:06PM
MLS# 202606769
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Investment Insights
Based on property information with market context.
This well-maintained building in Honolulu, HI, presents an excellent rental opportunity. The property features a 5.79% cap rate based on actual income and expenses, with a strong, seasoned tenant pool. All leases are month-to-month and substantially below market rates, offering the potential to increase rents. The unit mix is unique, comprising 8 units: one 3-bedroom, 1.5-bathroom unit; one 3-bedroom, 1-bathroom unit; four 1-bedroom, 1-bathroom units; and two studios. The property includes 7 parking spaces. The building was painted in 2022, and the units have been upgraded. All tenants are separately metered for gas and electricity, while the owner pays for water.
Key Highlights
- 8‑unit building built in 1950 with hollow tile and wood frame construction
- 5.79% cap rate reported on actual income and expenses (as stated)
- Unit mix: one 3/1.5 BA, one 3/1, four 1/1s, and two studios
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained Honolulu building with excellent rental potential and strong tenant pool.
Where is this apartment building located?
The property is located at 2128 Date Street Honolulu, HI.
What is the asking price?
The asking price for this property is $1,993,000.
What are key features of this property?
This property features: 8‑unit building built in 1950 with hollow tile and wood frame construction; 5.79% cap rate reported on actual income and expenses (as stated); Unit mix: one 3/1.5 BA, one 3/1, four 1/1s, and two studios