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1550 Davenport Pl, Honolulu, HI, 96822

--beds
0baths
4,788sqft
$2,995,000
$626price/sqft
$17,869/moest. monthly cost
$714,760/yrincome needed

About This Home

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. Building SF does not match permit records.

Getting Around

87
WalkingVery Walkable
61
TransitGood Transit
70
BikeVery Bikeable

Construction

Condition

  • Property condition: Excellent
  • Year built: 2007

Materials

  • Construction materials: Brick,Double Wall,Masonry,Concrete,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: In Unit

Interior Area

  • Total structure area: 4,788
  • Total interior livable area: 4,788 sqft

Property

Details

  • Parcel number: 1240190070000
  • Zoning description: 12 - A-2 Medium Density Apartme
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: None
  • Topography of land: Level

Lot

  • Features: Cleared,Dead End,Level

Parking

  • Total spaces: 8
  • Parking features: Assigned,Covered,Open,Tandem
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Inland Flooding

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,144$181,728
Home Insurance *$309$3,708
Property Taxes $875$10,500
Electricity $1,541$18,502
Total$17,869$214,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$612,651/yr
40% on housing$536,070/yr
45% on housing$476,506/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$626This listing

vs Other Active Listings

Avg $/sqft

ZIP 96822$641
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96822$870
Honolulu County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$2,995,000
2026-07-24Listing removed$2,995,000
2026-07-11Listed for sale$2,995,000
2021-06-08Listing removed$2,680,000
2021-03-22Listed for sale$2,680,000
2019-01-21Listing removed$2,680,000
2018-09-10Listed for sale$2,680,000
2015-08-11Listing removed$2,498,000
2015-04-08Listed for sale$2,498,000
2007-04-04Sold$680,000

For Sale by Agent

AgentMichael M Okamoto
BrokerageStandard Management LLC

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