$2,638,000

Estimated payment $14,568/month

Total Views 91
-- Beds
-- Baths
3,200 Sq Ft
$824 Price per Sq Ft

Highlights

  • Corner Lot
  • Views
  • Coin Laundry
  • Tandem Parking

About This Home

RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.

Listing Agent

Brian Chua

Five Star Realty, Inc. Brokerage Phone: (808) 382-6871 License #RB-21314 Listed on: 08/30/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,819

Year Built

  • Built in 1958

Lot Details

  • 8,211 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Flag Lot
  • Property is in average condition

Home Design

  • Metal Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Property Views

Laundry

  • Dryer
  • Washer

Parking

  • 12 Parking Spaces
  • Tandem Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Above Ground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-022-021-0000

Community Details

Overview

  • 8 Units
  • Kapiolani Subdivision

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $36,015
  • Net Operating Income $118,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,819

Year Built

Built in 1958

Lot Details

8,211 Sq Ft Lot

Listing Details

  • LandTenure: Fee Simple
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1958
  • Attribution Contact: (808) 382-6871
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: Coin-operated
  • NAV29_Unit_1_Appliances: Dryer, Washer
  • MLS Status: Active
  • Subdivision Name: KAPIOLANI
  • Unit Levels: Two
  • Roof: Metal
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Concrete
  • Lot Features: Corner Lot, Dead End, Flag Lot, Interior Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: Other
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed

Garage/Parking

  • Parking Features: Assigned, Open, Tandem
  • Total Parking Spaces: 12.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-022-021-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 118701.0
  • Annual Operating Expense: 36015.0
  • Tenant Pays: Air Conditioning, Cable TV, Electricity
  • Total Actual Rent: 12743.0

Tax Info

  • Tax Annual Amount: 6819.0

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,210 $2,077,100 $1,796,700 $280,400
2025 $7,210 $2,059,900 $1,796,700 $263,200
2024 $7,203 $2,058,100 $1,796,700 $261,400
2023 $6,792 $1,940,500 $1,686,700 $253,800
2022 $6,486 $1,853,100 $1,613,300 $239,800
2021 $6,258 $1,788,000 $1,540,000 $248,000
2020 $7,104 $2,029,800 $1,760,000 $269,800
2019 $6,588 $1,882,200 $1,613,300 $268,900
2018 $5,614 $1,604,000 $1,339,000 $265,000
2017 $5,486 $1,567,400 $1,245,600 $321,800
2016 $5,669 $1,619,700 $1,297,800 $321,900
2015 $5,223 $1,492,400 $1,173,300 $319,100
2014 -- $1,445,300 $1,135,500 $309,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/30/2026 08/30/26 For Sale $2,638,000 -- $824 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $1,575,000 Pt
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,095,000 Unknown
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202616575

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-022-016-0000

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