2848 Date Street presents a rare opportunity to acquire a fully stabilized, renovated multifamily asset in one of Honolulu's most supply-constrained submarkets. With over $450,000 of recent capital improvements, investors can benefit from modernized units, reduced maintenance exposure, and strong in-place income. The property's combination of prime location, consistent occupancy, and upgraded condition positions is a turnkey investment offering immediate cash flow and long-term value appreciation potential. For investors seeking durable performance and exposure to Hawaii's resilient, high-barrier-to-entry multifamily market, 2848 Date Street stands out as a compelling opportunity. Note: One or more photos may have been enhanced.
Closed
$4,800,000
2848 Date St, Honolulu, HI 96816
--beds
0baths
8,388sqft
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$572/sqft
$2,543 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,543/mo
Zestimate® history
Owner options
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$2,543/mo
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$2,543/mo
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$21,413/mo
Est. payment
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$21,413/mo
Est. payment
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List your homeWhat's special
Modernized unitsUpgraded condition
Zillow last checked:
Listing updated:
Listed by:
Kevin Y Nishikawa 808-220-9220,
Marcus Realty
Bought with:
NON MLS
Non-MLS
Source: HiCentral MLS,MLS#: 202525623
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated
Interior area
- Total structure area: 8,388
- Total interior livable area: 8,388 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned, Open
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Has view: Yes
- View description: City, Garden, Mountain(s)
Lot
- Features: Cleared, Other, Level
- Topography: Level
Details
- Parcel number: 1270350830000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile
Condition
- Excellent
- Year built: 1979
- Major remodel year: 2025
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None, Other
- Subdivision: Kapahulu
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $572/sqft
- Tax assessed value: $3,332,500
- Annual tax amount: $11,664
- Date on market: 11/17/2025
- Total actual rent: 0
- Tenant pays: Electricity, Parking Fee
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $4,800,000-5.9%$572/sqft |
Source:  HiCentral MLS #202525623 Report a problem | ||
| 3/12/2026 | Contingent | $5,100,000$608/sqft |
Source: HiCentral MLS #202525623 Report a problem | ||
| 11/17/2025 | Listed for sale | $5,100,000$608/sqft |
Source: HiCentral MLS #202525623 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $3,420,900 +2.7% |
| 2025 | $11,664 +1.3% | $3,332,500 +1.3% |
| 2024 | $11,515 +2.6% | $3,289,900 +2.6% |
| 2023 | $11,227 +4.8% | $3,207,700 +4.8% |
| 2022 | $10,709 +60.9% | $3,059,700 +60.9% |
| 2021 | $6,657 -2.3% | $1,902,100 -2.3% |
| 2020 | $6,817 +4.7% | $1,947,600 +4.7% |
| 2019 | $6,510 +16% | $1,859,900 +7.9% |
| 2018 | $5,614 +9% | $1,723,900 +8.3% |
| 2017 | $5,152 +7.2% | $1,591,900 +6.7% |
| 2016 | $4,804 +7.4% | $1,492,500 +6.8% |
| 2015 | $4,473 +1.4% | $1,398,000 +4.2% |
| 2014 | $4,411 | $1,341,500 +1.9% |
| 2013 | -- | $1,316,200 +0.5% |
| 2012 | -- | $1,309,300 -5.1% |
| 2011 | -- | $1,380,300 -2.2% |
| 2010 | -- | $1,410,800 -2.1% |
| 2009 | -- | $1,440,700 +5.1% |
| 2008 | -- | $1,371,400 +7.8% |
| 2007 | -- | $1,271,800 +12.8% |
| 2006 | -- | $1,127,900 +7.9% |
| 2005 | -- | $1,045,100 +11.4% |
| 2004 | -- | $938,200 +14% |
| 2003 | $2,737 -7.3% | $823,200 +18.2% |
| 2002 | $2,952 | $696,500 |
| 2000 | -- | -- |
| 1999 | -- | $818,800 |
Find assessor info on the county website
Neighborhood: Kapahulu
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10President Thomas Jefferson Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 0.3 mi
- Hawaii
- Honolulu County
- Honolulu
- 96816
- Kapahulu
- 2848 Date St
