Property Attributes
- MLS#202610588
- TypeSingle Family
- Listing Status Active
- CountyHONOLULU
- CityHonolulu
- AreaMetro
- NeighborhoodMAKIKI AREA
- Zip96822
- Style
- Year Built1954
- Taxes$ 5516
- Price$ 2,700,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3147
Data Source:
HiCentral MLS (HICMLS)
Property Description
An amazing opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1a) units, along with a 4bd / 2ba single family house. All units are separately metered for electricity. The large house allows an owner the ability to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.86% cap rate at acquisition. The property is occupied by excellent tenants. The property is well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, Makiki District Park, and Ala Moana Center.
| Elementary School | Middle School | High School |
|---|---|---|
| Lincoln Elementary School | Stevenson Middle School | Roosevelt High School |
| Price History | |
|---|---|
| 6/1/2026 | Listed $2,700,000 |
General Features
| Cooling | CentralAir |
|---|---|
| Utilities | AboveGroundUtilities,CableAvailable,ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable,SewerConnected |
| Appliances | Dryer,Washer |
| Tenant Pays | AirConditioning,CableTv,Electricity,Gas,ParkingFee |
| View | None |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | MultiFamily |
| Community Features | None |
| County | Oahu |
| Property Type | Residential |
| Subdivision Name | MAKIKI AREA |
| Status | Active |
| ModificationTimestamp | 2026-07-20T21:42:39.230-00:00 |
| City | Honolulu |
| MLS Area | Metro |
| Property Condition | Excellent |
| Standard Status | Active |
| Tax Assessed Value | 1674400 |
| PostalCity | Honolulu |
| Year Built | 1954 |
| Year Built Effective | 2025 |
| High School | Roosevelt |
| Disclosures | Exchange1031,CallAgent,PrincipalIsRealEstateLicensed |
| Elementary School | Lincoln |
| Zoning Description | 12 - A-2 Medium Density Apartme |
| Middle/Junior High School | Stevenson |
| Structure Type | Apartment,MultiFamily |
| Sewer | Connected |
| Construction Materials | Masonry,SingleWall,Stucco,WoodFrame |
| Land Tenure | FeeSimple |
| Island | Oahu |
| Number Of Units Total | 6 |
| Tax Annual Amount | 5516.04 |
| Topography | Level |
| Net Operating Income | 129392 |
| Operating Expense | 38008 |
| Total Actual Rent | 13550 |
Interior Features
| Air Conditioning Y/N | true |
|---|
Exterior Features
| Parking Features | Open |
|---|---|
| Lot Features | CornerLot,Other,Level |
| Total Parking | 6 |
| Lot Size Area | 5723 |
| Building Area Total | 3147 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
© 2011 HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 23, 2026 10:02 PM UTC Some of the active listings appearing on this site may be listed by other REALTORS®. We are only showing FEE SIMPLE, ACTIVE listings on this website.
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