$1,359,000

Estimated payment $7,582/month

Total Views 2,088
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

A rare investment opportunity awaits in Kapalama with this well-maintained four-unit apartment building. The property features four units, each offering two bedrooms, one bathroom, and one assigned parking stall. All units are equipped with washer connections and are individually metered for electricity allowing tenants to cover this utility cost and helping reduce owner expenses. Located in a strong rental market, the property is 100% occupied and produces strong income with an estimated net cap rate of approximately 5%!! Whether you are entering the investment market for the first time or expanding an existing portfolio, this property offers solid long-term potential. Conveniently situated near everyday essentials including shopping, dining, gas stations, convenience stores, and major bus routes, the location provides excellent accessibility for tenants. Please respect privacy and do not disturb tenants or enter the property without a confirmed appointment.

Listing Agent

Travis McGaughy

Coldwell Banker Realty Brokerage Phone: (808) 596-0456 License #RB-23698 Listed on: 03/09/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1967

Lot Details

  • 3,195 Sq Ft Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 2-Story Property

Laundry

  • Laundry in unit
  • Washer

Parking

  • 4 Parking Spaces
  • Open Parking
  • Assigned Parking

Utilities

  • Central Air
  • Above Ground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-1-2-011-050-0000

Community Details

Overview

  • 4 Units
  • Kapalama Subdivision

Building Details

  • Operating Expense $21,456
  • Net Operating Income $66,744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,840

Year Built

Built in 1967

Lot Details

3,195 Sq Ft Lot

Listing Details

  • Architectural Style: Fourplex
  • LandTenure: Fee Simple
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1967
  • Attribution Contact: (808) 596-0456
  • CommunityFeatures: None, Other
  • LaundryFeatures: In Unit
  • NAV29_Unit_1_Appliances: Washer
  • MLS Status: Active
  • Subdivision Name: KAPALAMA
  • Unit Levels: Two
  • Roof: Other
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Double Wall, Hollow Tile, Concrete
  • Lot Features: Cleared, Level
  • Property Condition: Average Condition, Good Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Call Agent, Familial Relation, Principal is Real Estate Licensed, Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 4.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 1-1-2-011-050-0000
  • Zoning Description: 46 - IMX-1 Industrial-Commercia

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 66744.0
  • Annual Operating Expense: 21456.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 7350.0

Tax Info

  • Tax Annual Amount: 3840.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,844 $1,098,100 $948,000 $150,100
2024 $3,844 $1,098,200 $948,000 $150,200
2023 $3,828 $1,093,700 $948,000 $145,700
2022 $3,293 $940,900 $802,200 $138,700
2021 $3,004 $858,400 $711,000 $147,400
2020 $2,975 $849,900 $692,800 $157,100
2019 $2,796 $798,900 $638,100 $160,800
2018 $2,603 $743,600 $583,400 $160,200
2017 $2,520 $720,000 $546,900 $173,100
2016 $2,381 $680,200 $510,500 $169,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2026 03/09/26 For Sale $1,359,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Exchange Deed $325,000 --
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202605252

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-1-2-011-050-0000

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