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.
Active
$1,995,000
825 Olokele Ave, Honolulu, HI 96816
--beds
0baths
2,080sqft
Duplex
Built in 1940
-- sqft lot
$1,954,400 Zestimate®
$959/sqft
$-- HOA
What's special
- 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#: 202616331
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
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $1,995,000$959/sqft |
Source: | ||
| 2/10/2018 | Listing removed | $1,200$1/sqft |
Source: Real Estate Specialists #201725793 Report a problem | ||
| 12/15/2017 | Listed for rent | $1,200$1/sqft |
Source: Real Estate Specialists #201725793 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Kapahulu
Nearby schools
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.








