Estimated payment $27,640/month
Highlights
- City View
- Coin Laundry
- Level Lot
- Central Air
- Property is in excellent condition
About This Home
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.
Listing Agent
Marcus Realty Brokerage Phone: (808) 839-7446 License #RB-17304 Listed on: 11/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,664
Year Built
- Built in 1979
Lot Details
- 5,000 Sq Ft Lot
- Level Lot
- Property is in excellent condition
Property Views
- City
- Garden
Home Design
- Composition Roof
Interior Spaces
- 8,388 Sq Ft Home
- 3-Story Property
Laundry
- Dryer
- Washer
Parking
- 12 Parking Spaces
- Open Parking
- Assigned Parking
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 1-2-7-035-083-0000
Community Details
Overview
- 12 Units
- Kapahulu Subdivision
Additional Features
- Coin Laundry
- Net Operating Income $215,337
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,515 | $3,332,500 | $1,400,000 | $1,932,500 |
| 2024 | $11,515 | $3,289,900 | $1,400,000 | $1,889,900 |
| 2023 | $11,227 | $3,207,700 | $1,325,000 | $1,882,700 |
| 2022 | $10,709 | $3,059,700 | $1,300,000 | $1,759,700 |
| 2021 | $6,657 | $1,902,100 | $1,200,000 | $702,100 |
| 2020 | $6,817 | $1,947,600 | $1,200,000 | $747,600 |
| 2016 | $4,804 | $1,492,500 | $800,000 | $692,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $5,100,000 | -- | $608 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Title Guaranty & Escrow Servic | |
| Deed | $3,855,000 | Tg | |
| Deed | $3,855,000 | Tg | |
| Warranty Deed | $2,800,000 | Or |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,730,000 | Commercial | |
| Closed | $2,730,000 | Commercial | |
| Previous Owner | $1,650,000 | Commercial |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202525623
APN: 1-2-7-035-083-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd
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