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Investment Highlights
- Well Maintained Property
- Minutes to Downtown
- Parking & Storage
Executive Summary
Rare Makiki Investment – Two Duplexes, One TMK, Four Units. Exceptional opportunity to acquire two well-maintained duplexes at 1550 & 1552 Davenport Place in highly desirable Makiki. Built in 2007 and meticulously maintained since, the property offers approximately 4,988 sq. ft. of living area across four units, each on a separate electric meter. Two upstairs 4-bedroom/2-bath units (1,321 sq. ft. each) feature hardwood floors, granite kitchen counters, and 2-car garages. Two downstairs 3-bedroom/2-bath units (1,167 sq. ft. each) offer laminate flooring, granite counters, and tandem uncovered parking. All units have individual washers and dryers. Quality construction throughout: concrete foundations, wood framing with stucco exteriors, composition shingle roofs, copper gutters, and heavy sound insulation between floors. Ideal for investors or owner-occupants — live in one unit and let the other three generate income. Minutes to freeway access, Ala Moana Center, shopping, dining, and schools. Excellent condition; sold "As Is."
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$114,326
|
$23.88
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$114,326
|
$23.88
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$48,691
|
$10.17
|
| Net Operating Income |
$65,635
|
$13.71
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $114,326 |
| Annual Per SF | $23.88 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $114,326 |
| Annual Per SF | $23.88 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $48,691 |
| Annual Per SF | $10.17 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $65,635 |
| Annual Per SF | $13.71 |
Property Facts
| Price | $4,196,145 CAD | Building Class | C |
| Price Per Unit | $1,049,036 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 4,788 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2007 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | A-2 - Medium-Density Apartment District | ||
| Price | $4,196,145 CAD |
| Price Per Unit | $1,049,036 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,788 SF |
| No. Stories | 2 |
| Year Built | 2007 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | A-2 - Medium-Density Apartment District |
Amenities
Unit Amenities
- Storage Space
- Washer/Dryer
- Kitchen
- Granite Countertops
- Hardwood Floors
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1-2-4-019-007-0000 | Improvements Assessment | $1,335,771 CAD |
| Land Assessment | $1,933,183 CAD | Total Assessment | $3,268,953 CAD |
Property Taxes
Parcel Number
1-2-4-019-007-0000
Land Assessment
$1,933,183 CAD
Improvements Assessment
$1,335,771 CAD
Total Assessment
$3,268,953 CAD
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1550 Davenport Pl
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