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NEW PRICE $1,750,000! Excellent investment opportunity in Kapahulu on a large, level 7,036 sq. ft. lot with A-2 zoning. This property offers both immediate income potential and long-term development options. The existing structure includes three units: two 2-bedroom/1-bath units upstairs and one 4-bedroom/2-bath unit downstairs, with the option to reconfigure the lower level into two 2-bedroom/1-bath units. Estimated rental income is approximately $6,000/month in current condition, with potential to increase to $8,000+/month after updates, plus additional income from parking. For developers, the true value lies in the land and zoning flexibility, with the possibility to redevelop into an apartment complex or maximize density. Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.
| DAYS ON MARKET | 298 | LAST UPDATED | 9/16/2025 |
|---|---|---|---|
| TRACT | KAPAHULU | YEAR BUILT | 1973 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY |
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| ADDITIONAL DETAILS | |
| AREA | Metro |
|---|---|
| LOT | 7036 acre(s) |
| LOT DESCRIPTION | Cleared, Level, Other |
| POOL DESCRIPTION | None |
| STORIES | 2 |
| STYLE | Detached, Multiplex |
| SUBDIVISION | KAPAHULU |
| TAXES | 6847.32 |
| UTILITIES | Electricity Available, Other, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | 12 - A-2 Medium Density Apartme |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Compass
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 12/6/25 2:58 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 12/6/25 2:58 PM PST.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.
