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8-Unit Fee-Simple Apartment Building
For Sale
$2,638,000

2550 Date Street, Honolulu, HI 96826

Fully occupied apartment property with one-bedroom residences, dedicated parking, separate electric metering, and copper plumbing.

Property Size3,200 SF
Lot Size0.19 Acres
Days on Market12

Property Features for 2550 Date Street

General Information

Standard status Active
Size 3,200 SF
Total Parking Spaces 12
Lot size 0.19 Acres
Property subtype Multi Family
Occupancy 100%

Financials

Gross Income $154,716
Average Monthly Rent $1,592

Units

Unit Mix 8 x 1BR/1BA
Multifamily Units 8

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,819

Amenities

coin-operated laundry

Building Details

Building Size 3,200 SF
Year Built 1958
Buildings 1
Listing Agency: Five Star Realty, Inc.
Listed By: Brian Chua · License #RB-21314
Source: Commercialinvestmentstrategies
Added: Aug 30 Changed: Sep 1 Last Checked: Sep 9 at 9:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Realty, Inc.

Investment Insights

Based on property information with market context.

Built in 1958, this fee-simple apartment property contains eight one-bedroom, one-bath units within an L-shaped building. The residences are currently 100% occupied, and the property includes approximately 12 parking spaces, eight separate electric meters, and copper plumbing. The approximately 8,211-square-foot parcel is configured as a flag lot at the end of a private driveway, which was newly paved in 2023.

The property is situated near bus stops, shopping, dining, schools, and major Honolulu destinations. Its existing unit configuration, on-site parking, separately metered electricity, and established occupancy provide a clearly defined multifamily layout.

Key Highlights

  • Eight 1‑bedroom/1‑bath apartment units with current 100% occupancy
  • Fee‑simple, approximately 8,211 sq. ft. flag lot at the end of a private driveway
  • Private driveway newly paved in 2023

Property Analytics

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Current Use

Akamai Remediation & Management ... Construction Company

Lease Details

8
Residential units
100%
Occupancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with one-bedroom residences, dedicated parking, separate electric metering, and copper plumbing.
Where is this apartment building located?
The property is located at 2550 Date Street Honolulu, HI.
What is the asking price?
The asking price for this property is $2,638,000.
What are key features of this property?
This property features: Eight 1‑bedroom/1‑bath apartment units with current 100% occupancy; Fee‑simple, approximately 8,211 sq. ft. flag lot at the end of a private driveway; Private driveway newly paved in 2023
More about this property
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