Bought with Hawaii House Inc.
$1,612,500
$1,595,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,000 SqFt
SOLD DATE : 08/25/2025
Key Details
Sold Price $1,612,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $537
Subdivision Kapiolani
MLS Listing ID 202512035
Sold Date 08/25/25
Style Multiplex
Bedrooms 8
Full Baths 4
Construction Status Average Condition
HOA Y/N No
Year Built 1952
Annual Tax Amount $4,824
Property Sub-Type Single Family Residence
Property Description
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.
Location
State HI
County Oahu
Area Metro
Interior
Flooring Laminate
Fireplace No
Exterior
Parking Features Three or more Spaces
Pool None
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Water Available
View Y/N No
View None
Total Parking Spaces 6
Building
Lot Description Cleared, Corner Lot, Interior Lot, Level
Entry Level Two
Water Public
Architectural Style Multiplex
Level or Stories Two
New Construction No
Construction Status Average Condition
Others
HOA Fee Include Maintenance Grounds,Maintenance Structure
Tax ID 1-2-7-023-053-0000
Security Features Key Card Entry
Financing Conventional
Special Listing Condition None
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