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  • $1,995,000

    825 Olokele Ave, Honolulu, HI 96816

    --beds
    0baths
    2,080sqft
    : 
    $11,074/mo
    Get pre-qualified
    Duplex
    Built in 1940
    -- sqft lot
    $1,954,400 Zestimate®
    $959/sqft
    $-- HOA

    What's special

    You will love this well maintained duplex and fourplex. Recently painted & the owner has paid attention to the details. All 1 bedroom with 1 bathroom units each with an assigned/covered parking stall. The duplex was built in 1940, with the fourplex being completed in 1958. Tenants pay their own electricity due to separate metering. Each unit has its own hot water heater too. The rents are strong with the possibility of more income when units turnover. Kapahulu location means the units are central to Waikiki, Ala Moana, Kakaako, Kahala, The University of Hawaii, Chaminade University & Kapiolani Community College. Very close to shopping, dining & entertainment. Bike to the beach. Your tenant mix is good with them making their own community at the property. This is the perfect property to complete your 1031 Exchange. Buyer to cooperate with Seller’s IRC Section 1031 Tax Deferred Exchange. Offers will be presented after they are received. Drive by only. Please do not disturb tenants. Make all offers subject to inspection. Income & Expenses are projected. Buyer to do their own research to confirm actual Income & Expenses.
    14 days
    281
    17

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Keahi D Pelayo 808-398-3220,

    NextHome KU Realty

    Source: HiCentral MLS,MLS#: 202616331MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Appliances
      • Laundry: Coin-operated
      Interior area
      • Total structure area: 2,080
      • Total interior livable area: 2,080 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Covered
      Features
      • Levels: Two
      • Stories: 2
      • Has view: Yes
      • View description: Garden
      Lot
      • Features: Interior Lot, Other, Level
      • Topography: Level
      Details
      • Parcel number: 1270330290000
      • Zoning description: 12 - A-2 Medium Density Apartme
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Fourplex
      • Property subtype: Duplex
      Materials
      • Hollow Tile, Single Wall
      Condition
      • Average Condition,Good Condition
      • Year built: 1940
      • Major remodel year: 1958

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: None
      • Subdivision: Kapahulu
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $959/sqft
      • Tax assessed value: $1,738,200
      • Annual tax amount: $14,553
      • Date on market: 8/27/2026
      • Total actual rent: 9215
      • Tenant pays: Cable TV, Electricity

        Estimated market value

        $1,954,400

        $1.86M - $2.05M

        Not available

        Price history

        DateEventPrice
        8/27/2026Listed for sale$1,995,000$959/sqft
        Source: HiCentral MLS #202616331 Report a problem
        2/10/2018Listing removed$1,200$1/sqft
        Source: Real Estate Specialists #201725793 Report a problem
        12/15/2017Listed for rent$1,200$1/sqft
        Source: Real Estate Specialists #201725793 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,738,200 +0.3%
        2025$6,064 +0%$1,732,500 +0%
        2024$6,062 +5.6%$1,732,100 +5.6%
        2023$5,741 +2%$1,640,200 +2%
        2022$5,630 +7.5%$1,608,700 +7.5%
        2021$5,237 -0.7%$1,496,300 -0.7%
        2020$5,271 +8.3%$1,506,100 +8.3%
        2019$4,866 +7.5%$1,390,200 +7.5%
        2018$4,526 +4.1%$1,293,000 +4.1%
        2017$4,345 +10.4%$1,241,500 +10.4%
        2016$3,937 +9%$1,124,800 +9%
        2015$3,610 $1,031,500 +6.5%
        2014-- $968,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kapahulu

        Getting around

        83 / 100
        Very Walkable
        63 / 100
        Good Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ala Wai
        • Middle: Washington
        • High: Kaimuki

        Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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