Active

$2,638,000

2550 Date St, Honolulu, HI 96826

--beds

0baths

3,200sqft

$15,788/mo

Get pre-qualified

Multi Family

Built in 1958

-- sqft lot

$2,527,500 Zestimate^®

$824/sqft

$-- HOA

What's special

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.

10 days
192
5

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Appliances

Included: Dryer, Washer
Laundry: Coin-operated

Interior area

Total structure area: 3,200
Total interior livable area: 3,200 sqft

Property

Parking

Total spaces: 12
Parking features: Assigned, Open, Tandem
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Has view: Yes
View description: Other
Frontage type: Other

Lot

Features: Corner Lot, Dead End, Flag Lot, Interior Lot, Level
Topography: Level

Details

Parcel number: 1270220210000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Concrete

Condition

Average Condition
Year built: 1958
Major remodel year: 2023

Utilities & green energy

Sewer: Connected
Water: Public
Utilities for property: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected

Community & HOA

Community

Features: None
Subdivision: Kapiolani

Location

Region: Honolulu

Financial & listing details

Price per square foot: $824/sqft
Tax assessed value: $1,955,000
Annual tax amount: $6,819
Date on market: 8/30/2026
Total actual rent: 12743
Tenant pays: Air Conditioning, Cable TV, Electricity

Estimated market value

$2,527,500

$2.40M - $2.65M

$1,924/mo

Price history

Date	Event	Price
8/30/2026	Listed for sale	$2,638,000$824/sqft
Source: HiCentral MLS #202616575 Report a problem
7/8/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/23/2023	Listed for rent	$2,250+2.3%$1/sqft
Source: Zillow Rentals Report a problem
7/19/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
4/27/2022	Listed for rent	$2,200+100%$1/sqft
Source: Zillow Rental Manager Report a problem
12/13/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
11/15/2021	Listed for rent	$1,100-15.4%
Source: Zillow Rental Manager Report a problem
5/19/2016	Listing removed	$1,300+4%
Source: Five Star Realty, Inc. Report a problem
2/8/2016	Listed for rent	$1,250
Source: Five Star Realty, Inc. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,955,000 +0.3%
2025	$6,819 +0.3%	$1,948,300 +0.3%
2024	$6,796 +5.7%	$1,941,600 +5.7%
2023	$6,431 +5%	$1,837,400 +5%
2022	$6,126 +3.3%	$1,750,200 +3.3%
2021	$5,929 -12.1%	$1,694,100 -12.1%
2020	$6,745 +7.9%	$1,927,100 +7.9%
2019	$6,248 +17.9%	$1,785,200 +17.9%
2018	$5,300 +6%	$1,514,200 +6%
2017	$5,001 -3.9%	$1,428,800 -3.9%
2016	$5,206 +11.9%	$1,487,400 +11.9%
2015	$4,654	$1,329,700 +8.3%
2014	--	$1,228,100