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Exceptional rental income and low operating costs make this a rare investment opportunity in Waikiki's residential neighborhood. This turnkey 3-story walk-up comprises 13 units: nine 2BD/1BA plus four 1BD/1BA, each with a private lanai. Well-kept and low-maintenance, the property is positioned in one of Honolulu's most reliable rental markets. Features include community coin-operated laundry, individual electrical metering for tenant-paid power. Parking is available with a three-car front carport, plus two tandem spaces in a secondary carport accessed via the driveway. Units have been updated upon turnover, ensuring the building remains in excellent condition with strong occupancy, consistent rental income, and long-term tenants. Set in the quieter, less trafficked section of Waikiki, residents enjoy walkable access to world-class beaches, dining, shopping, and recreation, as well as convenient transit connections. This combination of stable income, efficient operations, and an unbeatable location makes the property a standout investment in Honolulu's steady multifamily market.
| DAYS ON MARKET | 47 | LAST UPDATED | 10/14/2025 |
|---|---|---|---|
| TRACT | WAIKIKI | YEAR BUILT | 1963 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Jefferson |
|---|---|
| Jr. High School | Washington |
| High School | Kaimuki |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Washer |
|---|---|
| AREA | Metro |
| LOT | 5760 acre(s) |
| LOT DESCRIPTION | Cleared, Level |
| STORIES | 3+ |
| SUBDIVISION | WAIKIKI |
| TAXES | 10367.76 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| ZONING | X2 - Apartment Precinct |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Real Estate Strategies, LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 10/26/25 12:00 AM PDT.
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 10/26/25 12:00 AM PDT.
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.
