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Investment Highlights

  • Total Units: 6
  • Parking: 6
  • 5,007sqft of Land
  • Unit Type: 4 Two-Beds, 2 One-Beds
  • Year Built: 1960
  • 3,500sqft of Interior

Executive Summary

Rare find! IMX gem--Solid building conveniently located minutes from Downtown Honolulu at the end of a cul de sac with 4 two-bed, 2 one-bed units and higher cube workshop area with 7 parking spaces and some street parking. All rents are Pro Forma—currently 2 MTM tenants, 2 units occupied by family (no lease), and 2 vacancies. One unit has an upgraded interior. Buy and maximize rents, taking advantage of the Industrial Mixed Use zoning—potential to rent 6 units + workshop separately. Excellent value-add opportunity at a compelling price.

Property Facts

Price $1,200,000
Price Per Unit $200,000
Sale Type Investment
Cap Rate 6.34%
No. Units 6
Property Type Multifamily
Lot Size 0.11 AC
Building Size 3,500 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Zoning IMX-1

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
40/100
  • Listing ID: 40217269

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 2135 Bannister Pl, Honolulu, HI 96819

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