Wood-Frame Multifamily Apartment
For Sale
Under Contract
$1,993,000
2128 Date Street, Honolulu, HI 96826
COMMERCIAL - Honolulu, HI
Property SizeContact for details
Days on Market133
Property Features for 2128 Date Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
12 - A-2 Medium Density Apartme
Parking
7
Parking features
Assigned, On Street
Subdivision
MOILIILI
Standard status
Active Under Contract
APN
1-2-7-002-037-0000
Taxes and HOA fees
Tax Annual Amount
5340
Utilities
Utilities
Natural Gas Available
Building Details
Year built
1950
Floors in Building
2
Number of units
8
Building materials
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: Aug 4
Last Checked: Aug 12 at 8:06AM
MLS# 202606771
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.
Wood-frame multifamily apartment building offering 8 total units in a mix of one 3/1.5 bath unit, one 3/1 bath unit, four 1/1 bath units, and two studios. The property provides parking for 7 vehicles with on-street and assigned spaces, and was painted in 2022 with unit upgrades completed. Tenants are separately metered for gas and electricity, while the owner pays for water.
The building operates with month-to-month (MTM) leases as noted in the offering. The reported performance includes a 5.79% cap rate on actual income and expenses, supported by the existing tenant base.
Built in 1950, the property also indicates natural gas availability.
The building operates with month-to-month (MTM) leases as noted in the offering. The reported performance includes a 5.79% cap rate on actual income and expenses, supported by the existing tenant base.
Built in 1950, the property also indicates natural gas availability.
Key Highlights
- 8 units: one 3/1.5 bath, one 3/1, four 1/1, and two studios
- Reported 5.79% cap rate on actual income and expenses
- Month‑to‑month (MTM) leases for all units
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Demographics for 96826, HI
30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 8-unit wood-frame apartment building with tenant gas and electric submetering and 7 parking spaces.
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 units: one 3/1.5 bath, one 3/1, four 1/1, and two studios; Reported 5.79% cap rate on actual income and expenses; Month‑to‑month (MTM) leases for all units
