825 Olokele Avenue, Honolulu, HI 96816

$1,995,000

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List Price
$1,995,000
Status
ACTIVE
Type
Multifamily
MLS#
202616331
Days on Market
1
Land Area
6,000
Year Built
1940
Property Type
Residential
Neighborhood
Kapahulu
Land Tenure
FS - Fee Simple

Property 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.

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available, Sewer Connected
View
Garden
Elementary School
Ala Wai
Middle School
Washington
High School
Kaimuki
Lot Size
6,000
Construction Materials
Hollow Tile, Single Wall
Neighborhood
Kapahulu
Year Built
1940
Sewer
Connected
Parking Features
Covered
Lot Features
Interior Lot, Other, Level
Style
Fourplex
Stories
2
Assessed Total
1738200
Water
Public

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NextHome KU Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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