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2128 Date Street

$1,993,000

2128 Date Street, Honolulu, HI 96826

Active
Last Updated: 06/29/2026

5.67

Cap Rate

113,004

NOI

Details:
Cap Rate:    5.67%
NOI:    $113,004
Pro Forma Cap Rate :    6.16%
Building Size:    3,592 sqft
Lot Area:    4,914 sqft
Occupancy:    100%
Units:    8
Year Built:    1950
Zoning:    A-2
Parking Spots:    7
Floor:    2
Highlights:
  • • Total Units: 8
  • • Unit Type: 4 One-Bed, 2 Three-Bed, 2 Studio
  • • Parking: 7
  • • Year Built: 1950
  • • 4,914sqft of Land
  • • 3,592sqft of Interior
Description:

Well-maintained building w/ excellent rental potential. Rarely available 5.67% Cap Rate on actual inc + exp w/ seasoned, strong tenant pool. All MTM leases substantially below market rates = upside to increase rents! Unique unit mix: 8 units: one 3/1.5 ba, one 3/1, four 1/1s, 2 studios, 7 parking. Building painted 2022 & Units have been upgraded. All tenants sep-metered gas & elect. Owner pays water.

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