$2,400,000
 $12,884 est/mo Sourced by Back At You

927 Spencer Street,Honolulu, HI 96822

Honolulu, HI 96822

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Description

OUTSTANDING VALUE AT JUST $200,000 PER UNIT! 5.4% CAP!!! Excellent opportunity to acquire a fee simple, 12-unit multifamily investment property in the desirable Punchbowl neighborhood! Featuring three separate fourplex buildings, each with four 1-bedroom, 1-bath units, on a 6,840 sq. ft. parcel. All 12 units are currently rented, providing an established income stream. Additional features include 4 parking stalls, separately metered electricity paid by tenants, coin-operated laundry facilities, and on-site storage for select units. Conveniently located near Downtown Honolulu, major employment centers, shopping, dining, and public transportation. An attractive investment opportunity at a compelling price per unit!

Details

MLS #202619361
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1957
Days On Site12
Listing Provided ByCBI Residential Advisory Svcs. | Alan J Christopher

Features

SQ Feet4,712
Story(s)2
Units12
Zoning12 - A-2 Medium Density Apartme
Property ViewCity

Exterior

Construction MaterialsHollow Tile, Masonry, Concrete, Stucco

Other

Community FeaturesNone

Taxes

Property6804

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96822
AreaOahu
Community NamePUNCHBOWL AREA
Listing VS Median (in PUNCHBOWL AREA)
Price:
$2,400,000
low | high
Med:
$422,000
100% of Average
sqft:
4,712
low | high
Med:
718
100% of Average
$ / sqft:
$509
low | high
Med:
$588
34.606313834726% of Average
On site:
12
low | high
Med:
69
17.391304347826% of Average
Sourced by Back At You

Market Activity 96822

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Learn More About This Property

StateHI
CountyOahu
CityHonolulu
Zip Code96822
AreaOahu
Community NamePUNCHBOWL AREA
Listing VS Median (in PUNCHBOWL AREA)
Price:
$2,400,000
low | high
Med:
$422,000
100% of Average
sqft:
4,712
low | high
Med:
718
100% of Average
$ / sqft:
$509
low | high
Med:
$588
34.606313834726% of Average
On site:
12
low | high
Med:
69
17.391304347826% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 8:45:46 AM PDT