2550 Date St
Honolulu, HI 96826

For Sale
Active
List Price
$2,638,000 (FS)
Property Type:
Multi-Family
Studio Units:
0
1-Bed Units:
8
2-Bed Units:
0
3-Bed Units:
0
Land Area (sf):
8,211
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
12 - Assigned, Open, Tandem
MLS #:
202616575
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
KAPIOLANI
TMK:
1-2-7-022-021-0000
List Date:

REMARKS:

RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8, 211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12, 743/month ($152, 916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12, 893/month or $154, 716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.

PROPERTY INFORMATION:

Zoning:
12 - A-2 Medium Density Apartme
Furnished:
Partial
Year Built:
1958
Year Remodeled:
2023

FINANCIAL INFORMATION:

Assd. Val. Land:
$1,724,300
Assd. Val. Imprv:
$230,700
Assd. Val. Total:
$1,955,000
Tax Year:
2025
Monthly Taxes:
$568
Home Exempt.:
--

SCHOOLS:

Elem. School:
--
Middle School:
--
High School:
--

OTHER PROPERTY FEATURES:

Frontage:
Other
View:
Other
Pool:
--
Amenities:
None
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
Flag Lot
Topography:
Level
Number of Stories:
Two
Building Style:
--
Property Condition:
Average
Construction:
Concrete
Roofing:
Aluminum/Steel
Floor Covering:
--
Disclosures:
Licensed Owner
Possession:
At Closing, Subject To Tenancy
Terms Accept.:
1031 Exchange, Cash, Conventional
Land Recorded:
Land Court
Exclusions:
--
Easements:
Driveway, Other
Set-Backs:
C&C, Of Record

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Thursday, September 10, 2026.  Information is deemed reliable but not guaranteed.  Copyright: 2026 by HiCentral MLS, Ltd.  Listing courtesy of Five Star Realty, Inc.