$1,595,000
UNDER CONTRACT

Estimated payment $9,211/month

Total Views 4,972
8 Beds
4 Baths
3,000 Sq Ft
$532 Price per Sq Ft

About This Home

INVESTOR DREAM! Are you looking for a rare, income-generating opportunity with strong fundamentals and long-term potential? This one-of-a-kind property features four 2-bed / 1-bath units—each with separate electric meters, six on-site parking stalls, and an estimated market CAP rate near 5%.This might be the gem you've been waiting for. A truly unique opportunity where the numbers make sense—and the location adds even more value. Each unit is thoughtfully designed with a vertical stack, meaning no upstairs neighbors—offering greater privacy, quieter living, and less wear-and-tear between tenants. Tenants will love the convenience of their own washers and dryers, the comfort of both front and backyard space, and the feel of a private townhouse rather than a traditional rental. It’s an ideal setup for long-term tenant satisfaction and retention—giving your investment lasting stability. Located just moments from Waikiki, Ala Moana, top schools, and some of Honolulu’s most popular dining, this property is positioned perfectly for today’s renters. This isn’t just another multifamily property—it’s the kind of opportunity that doesn’t come around often.

Listing Agent

Dan Ihara

Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-65892 Listed on: 05/16/2025

Keller Williams Honolulu

Co-Listing Agent

Ryan Mori

Keller Williams Honolulu Brokerage Phone: (808) 596-2888 License #RS-85769

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,824

Year Built

  • Built in 1952

Lot Details

  • 5,036 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Zoning described as 12 - A-2 Medium Density Apartme

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Exclusions: Dryer,Other,Refrigerator,Washer
  • Assessor Parcel Number 1-2-7-023-053-0000

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Kapiolani Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,824

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Architectural Style: Multiplex
  • Co List Office Mls Id: KWPP
  • Inclusions: AC Window Unit,Dryer,Range/Oven,Refrigerator,Washer,Water Heater
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1952
  • Attribution Contact: (808) 596-2888
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • SecurityFeatures: Key Card Entry
  • Co List Office Phone: (808) 596-2888
  • MLS Status: Active Under Contract
  • Subdivision Name: KAPIOLANI
  • Unit Levels: Two
  • Living Area: 3000.0
  • New Construction: No
  • Roof: Asphalt, Shingle
  • Tax Year: 2025
  • Special Features: UnderContract

Interior Features

  • Flooring: Laminate
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall
  • Lot Features: Cleared, Corner Lot, Interior Lot, Level
  • Pool Features: None
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Seller Disclosure
  • Exclusions: Dryer,Other,Refrigerator,Washer

Garage/Parking

  • Parking Features: Three or more Spaces
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Water Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure

Lot Info

  • Parcel Number: 1-2-7-023-053-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Tax Info

  • Tax Annual Amount: 4824.0

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $4,843 $1,379,100 $1,231,600 $147,500
2024 $4,843 $1,383,600 $1,231,600 $152,000
2023 $4,554 $1,301,100 $1,156,200 $144,900
2022 $4,366 $1,247,500 $1,105,900 $141,600
2021 $4,202 $1,200,600 $1,055,700 $144,900
2020 $4,786 $1,367,300 $1,206,500 $160,800
2019 $4,453 $1,272,200 $1,105,900 $166,300
2018 $3,998 $1,142,400 $979,200 $163,200
2017 $3,938 $1,125,200 $953,400 $171,800
2016 $1,647 $980,700 $805,800 $174,900
2015 $3,398 $970,800 $804,300 $166,500
2014 -- $836,700 $705,000 $131,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $1,595,000 0.0% --
06/04/2025 06/04/25 Off Market $1,595,000 -- --
05/16/2025 05/16/25 For Sale $1,595,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Warranty Deed $43,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $41,230 Seller Take Back
Source: Public Records

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202512035

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-023-053-0000