We are expert real estate agents who know Kapiolani very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
Very desirable multi-unit property in the heart of town. 5 units (3 bedroom, studio and three 1-bedroom units). All have been rented out for good cash flow and all come with 1 parking. Units are in good shape and the 3-bedroom and studio units have been completely remodeled. All units have their own appointed washer and there is a storage area for each as well. In the common area there is also a larger, locking storage space that can be rented out for more cash flow. So much potential in such a good location!
Amenities: Bedroom on 1st Floor, Full Bath on 1st Floor
TMK: 1-2-3-30-6-0
Tax Assessed Land: $935,000
Tax Assessed Improvements: $183,200
Tax Assessed Total: $1,117,200
Courtesy: Compass / (808) 825-4277
MLS: 202307268
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 15, 2026.Information is deemed reliable but not guaranteed.
Sold 7/14/23 at $1,625,000 (List Price: $1,695,000)
Description
Very desirable multi-unit property in the heart of town. 5 units (3 bedroom, studio and three 1-bedroom units). All have been rented out for good cash flow and all come with 1 parking. Units are in good shape and the 3-bedroom and studio units have been completely remodeled. All units have their own appointed washer and there is a storage area for each as well. In the common area there is also a larger, locking storage space that can be rented out for more cash flow. So much potential in such a good location!
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on January 15, 2026.Information is deemed reliable but not guaranteed.
You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000. Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
Other fees could be a special assessment, reserve contributions etc.
DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
