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$1,995,000
202616331 MLS ⋅ FS - Fee Simple Tenure ⋅ 29 DOM
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.

825 Olokele Avenue, Honolulu

$1,425,000
202607989 MLS ⋅ FS - Fee Simple Tenure ⋅ 157 DOM
Well located in town apartment building featuring a desirable mix of two 2 bedroom units and one 4 bedroom unit, offering flexible rental options and strong income potential. All units are generously sized with functional layouts, washer/dryer hook ups, separate electrical meters, good natural light, and on site parking, making them easy to lease and simple to manage. Tenants enjoy quick access to shopping, bus lines, schools, and major commuter routes, supporting stable demand and low vacancy in this central location. Ideal for an investor seeking steady cash flow or an owner occupant looking to live in one unit and rent the others to offset the mortgage. Plumbing was upgraded and building painted prior to listing.

2221 Fern Street, Honolulu

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.