$1,995,000
 $10,710 est/mo Sourced by Back At You

825 Olokele Avenue,Honolulu, HI 96816

Honolulu, HI 96816

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Description

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.

Details

MLS #202616331
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1940
Days On Site27
Listing Provided ByNextHome KU Realty | Keahi D Pelayo

Features

SQ Feet2,080
Story(s)2
Units6
Zoning12 - A-2 Medium Density Apartme
Property ViewGarden

Exterior

Construction MaterialsHollow Tile, Single Wall

Other

Community FeaturesNone

Taxes

Property6063

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NameKAPAHULU
School DistrictKaimuki
Elementary SchoolAla Wai
High SchoolKaimuki
Listing VS Median (in KAPAHULU)
Price:
$1,995,000
low | high
Med:
$1,150,000
92.355889724311% of Average
sqft:
2,080
low | high
Med:
974
100% of Average
$ / sqft:
$959
low | high
Med:
$1,181
26.899641300376% of Average
On site:
27
low | high
Med:
27
100% of Average
Sourced by Back At You

Market Activity 96816

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Learn More About This Property

StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NameKAPAHULU
School DistrictKaimuki
Elementary SchoolAla Wai
High SchoolKaimuki
Listing VS Median (in KAPAHULU)
Price:
$1,995,000
low | high
Med:
$1,150,000
92.355889724311% of Average
sqft:
2,080
low | high
Med:
974
100% of Average
$ / sqft:
$959
low | high
Med:
$1,181
26.899641300376% of Average
On site:
27
low | high
Med:
27
100% of Average
Sourced by Back At You
Listing Updated: September 15, 2026 at 5:46:49 PM PDT