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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
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
Exceptionally walkable
100/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

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
  • Listing ID: 41483343

  • Date on Market: 2026-07-29

  • Last Updated:

  • Address: 1550 Davenport Pl, Honolulu, HI 96822

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