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5-Unit Apartment Building
For Sale
$1,488,000

2001 10th Avenue, Honolulu, HI 96816

MULTI_FAMILY - Honolulu, HI

Property SizeContact for details
Days on Market56

Property Features for 2001 10th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 05 - R-5 Residential District
Subdivision PALOLO
Lot features Steep Slope
View Ocean, City
Standard status Active
APN 1-3-3-036-011-0000

Taxes and HOA fees

Tax Annual Amount 4992

Utilities

Utilities Cable Available
Water source Public

Building Details

Year built 1959
Floors in Building 3
Number of units 5
Building materials Single Wall, Wood Frame
Listing Agency: CBI Residential Advisory Svcs.
Listed By: Alan J Christopher · License #RB-20664
Added: Jun 18 Changed: Jul 31 Last Checked: Aug 12 at 10:06AM
MLS# 202611901

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit residential apartment building is located in Palolo Valley at 2001 10th Avenue, Honolulu, HI 96816. Constructed in 1959 with single-wall, wood-frame construction, the property is served by public water and has cable available.

The building currently reflects its condition, including existing water intrusion and significant repair needs. As a result, this is best suited for buyers looking to invest in renovation and repositioning to improve the property’s physical condition and rental performance.

With five separate residential units, the layout provides a straightforward multi-unit platform for those seeking to acquire a small income property and implement capital improvements. The combination of established unit count and the need for repairs should be reviewed carefully as part of any due diligence plan.

Key Highlights

  • Five separate residential units
  • Single‑wall, wood‑frame construction
  • Existing water intrusion and significant repair needs

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units

Location Intelligence

Demographics for 96816, HI

51,586
Population
19,818
Households
2.6
Avg Household Size
45
Median Age
48%
College-Educated
94%
High-School Grad
9.6 sq mi
ZIP Area
5,374
Density / Sq Mi
$114,744
Median Household Income
$48,929
Median Earnings
$1,879
Median Rent
$1,121,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building built in 1959 with public water service and cable available.
Where is this apartment building located?
The property is located at 2001 10th Avenue Honolulu, HI.
What is the asking price?
The asking price for this property is $1,488,000.
What are key features of this property?
This property features: Five separate residential units; Single‑wall, wood‑frame construction; Existing water intrusion and significant repair needs
More about this property
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