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Investment Highlights

  • Total Units: 8
  • Parking: 1
  • 4,250sqft of Land
  • Unit Type: 8 One-Beds
  • Year Built: 1956
  • 3,588sqft of Interior

Executive Summary

Care of Ownership Shines Through! Rents below market for this well-maintained 2 story hollow tile building with 8 one beds + 2 parking spaces. Underground sewer widened & redone with sump. Unit 4 re-plumbed this year. All electrical upgraded to 30kw/unit. Roof resurfaced in 2010, new paint 2024. Owned coin laundry, *cameras belong to tenants* Buyer to accept survey May 27, 2015 by DJNS Surveying and Mapping, Inc.

Property Facts

Price $1,888,000
Price Per Unit $236,000
Sale Type Investment
Cap Rate 5.15%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 3,588 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 0.28/1,000 SF
Zoning A-2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - -
Exceptionally walkable
90/100
Fairly drivable
50/100
Good public transit
60/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
1-2-4-011-041-0000
Land Assessment
$1,126,300
Improvements Assessment
$281,300
Total Assessment
$1,407,600
  • Listing ID: 40251871

  • Date on Market: 4/22/2026

  • Last Updated:

  • Address: 1213 Matlock Ave, Honolulu, HI 96814

Contact the Sale Advisor

1213 Matlock Ave

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