Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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 Annual Per SF
Gross Rental Income $81,600 $17.04
Other Income - -
Vacancy Loss - -
Effective Gross Income $81,600 $17.04
Taxes - -
Operating Expenses - -
Total Expenses $34,753 $7.26
Net Operating Income $46,847 $9.78

Financial Summary (Actual - 2026)

Gross Rental Income
Annual $81,600
Annual Per SF $17.04
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $81,600
Annual Per SF $17.04
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $34,753
Annual Per SF $7.26
Net Operating Income
Annual $46,847
Annual Per SF $9.78

Property Facts

Price $2,995,000
Price Per Unit $748,750
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
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
  • Listing ID: 41483343

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 1550 Davenport Pl, Honolulu, HI 96822

Contact the Sale Advisor

1550 Davenport Pl

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}