825 Olokele Avenue Honolulu, HI 96816

Listing
Overview

Price: $1,995,000
Area: KAPAHULU
Status: Active

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. Listing by: NextHome KU Realty (808) 398-3220

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  • Land Area (sf): 6,000 sf
  • Living (sf): 2,080
  • Year Built: 1940

  • Property Condition: Above Average,Average
  • Number of Parking Spaces: 6
  • View: Garden
  • Listing Office: NextHome KU Realty

  • Land Tenure: FS - Fee Simple

  • Elementary School: Ala Wai
  • Middle School: Washington
  • High School: Kaimuki

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on September 10, 2026 - 10:00 AM Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. 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.

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