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PRIME TOWN LOCATION + INCOME OPPORTUNITY! Well-maintained and versatile legal 2-unit property in a convenient Honolulu location, offering an excellent opportunity for an owner-occupant or investor. Live in one unit while renting the other or take advantage of the property’s income-producing potential. The upstairs 3-bedroom/2-bath unit features a spacious 120-sq-ft rear lanai, while the downstairs 1-bedroom/1-bath unit offers additional flexibility. The property also includes a separate rec room with wet bar and bath rented separately. Three separate electrical meters, two water meters, washer/dryer setups, window AC, and a 2-car carport add convenience and functionality. Enjoy a private side yard with mature fruit-bearing mountain apple, avocado, and lime trees. Conveniently located near Downtown Honolulu, Waikiki, UH, shopping, restaurants, freeway access, hospitals, and Honolulu International Airport. A unique opportunity to own a flexible, income-producing property with valuable outdoor space in town.

5 Beds ⋅ 4 Baths ⋅ 202617449 MLS ⋅ FS - Fee Simple Tenure

PRIME TOWN LOCATION + INCOME OPPORTUNITY! Well-maintained and versatile legal 2-unit property in a convenient Honolulu location, offering an excellent opportunity for an owner-occupant or investor. Live in one unit while renting the other or take advantage of the property’s income-producing potential. The upstairs 3-bedroom/2-bath unit features a spacious 120-sq-ft rear lanai, while the downstairs 1-bedroom/1-bath unit offers additional flexibility. The property also includes a separate rec room with wet bar and bath rented separately. Three separate electrical meters, two water meters, washer/dryer setups, window AC, and a 2-car carport add convenience and functionality. Enjoy a private side yard with mature fruit-bearing mountain apple, avocado, and lime trees. Conveniently located near Downtown Honolulu, Waikiki, UH, shopping, restaurants, freeway access, hospitals, and Honolulu International Airport. A unique opportunity to own a flexible, income-producing property with valuable outdoor space in town.

1025 Spencer Street, Honolulu

Listing courtesy of Tsujimura & Associates, LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.