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31876314
31876313

2135 Bannister Pl, Honolulu, HI 96819

CD
HI RB-20978
Commercial Investment Strategies
Listed by Commercial Investment Strategies
$1,200,000
63 days on market
Updated 59 days ago

2135 Bannister Place

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,500
Units 6
Cap Rate 6.34%
NOI $76,060
Occupancy 100%
Price per SqFt $343
Year Built 1960
Buildings 1
Stories 2
Zoning IMX -1
Parking Spaces per unit

Multifamily | 6 Units | $200,000/unit

Marketing description

Rare find! IMX gem--Solid building conveniently located minutes from Downtown Honolulu at the end of a cul de sac with 6 two-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.

Investment highlights

Listing Contacts

CD
HI RB-20978
Commercial Investment Strategies
Listed by Commercial Investment Strategies

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,060.00
$6,338.33/mo

Valuation Metrics

0
DSCR
6.34%
Cap Rate
6.34%
ROI

Map

Zoning

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IMX-1 MixedMixed UseIndustrial Commercial Mixed Use District
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View all 122 uses
View all 122 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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