Two-Home Duplex
For Sale
$2,395,000
Pending
820 10th Ave, Honolulu, HI 96816
Separate residences offer a flexible setup for multigenerational living or rental use.
Property Size10,000 SF
Lot Size0.23 Acres
Days on Market84
Property Features for 820 10th Ave
General Information
Standard status
Pending
Size
10,000 SF
Lot size
0.23 Acres
Property subtype
Multi-Family
Zoning
R-5
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1928
Buildings
2
Listing Agency:
Remax Hawaii
(808) 738-3600
Listed By:
Koa Cassady
(808) 468-8181
Source:
Dwellhawaii
Added: Jul 25
Changed: Oct 15
Last Checked: Oct 16 at 9:15AM
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 Remax Hawaii
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex property includes two separate residences on a 10,000-square-foot lot. The front home contains 3 bedrooms and 1 bath, while the second residence provides 2 bedrooms and 1 bath. Built in 1928 and zoned R-5, the property offers distinct living spaces within one residential holding.
Located at 820 10th Ave in Honolulu’s Kaimuki area, the property is walkable to shops, coffee businesses, and local restaurants along Waialae Avenue. Kapiolani Community College, Diamond Head, and Kahala Mall are also identified as nearby destinations. The two-home configuration supports multigenerational occupancy or separate rental arrangements, subject to buyer verification.
Located at 820 10th Ave in Honolulu’s Kaimuki area, the property is walkable to shops, coffee businesses, and local restaurants along Waialae Avenue. Kapiolani Community College, Diamond Head, and Kahala Mall are also identified as nearby destinations. The two-home configuration supports multigenerational occupancy or separate rental arrangements, subject to buyer verification.
Key Highlights
- Two separate homes on one 10,000 sq ft lot
- Front residence includes 3 bedrooms and 1 bath
- Second residence includes 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$199,142
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,982,840
$4.0M
Cap Rate 7%
$2,844,886
$2.8M
Cap Rate 9%
$2,212,689
$2.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$306.0K $30.60/SF
− Vacancy
−$21.5K −$2.15/SF
EGI
$284.5K $28.45/SF
− OpEx
−$85.3K −$8.53/SF
NOI
$199.1K $19.91/SF
Area
Honolulu County, HI
Vacancy
7.03%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,982,840
Cap Rate 7%
$2,844,886
Cap Rate 9%
$2,212,689
Alternative Uses
Best Use
Multifamily LT 5
$2.84M
$2.49M – $3.32M
NOI $199,142 @ 7.0% cap · market cap 8.31%
Second Best
Apartment 5plus
$2.62M
$2.29M – $3.06M
NOI $183,348 @ 7.0% cap · market cap 7.66%
Theoretical Best
Specialty Retail
$4.05M
$3.55M – $4.73M
NOI $283,601 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences offer a flexible setup for multigenerational living or rental use.
Where is this duplex located?
The property is located at 820 10th Ave Honolulu, HI.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Two separate homes on one 10,000 sq ft lot; Front residence includes 3 bedrooms and 1 bath; Second residence includes 2 bedrooms and 1 bath
