| Description | Prime Multi-Unit Investment Opportunity! Rare opportunity to own a centrally located, well-maintained, income-producing property with strong rental demand & stable long-term tenants. This exceptional property features two buildings totaling 7 units, offering a diverse unit mix ideal for maximizing rental income. Front bldg has 1 two-bedroom upstairs and 2 one-bedroom downstairs. Second bldg has 2 two-bedroom and 2 one-bedroom. Each unit is separately metered for water, sewer, electricity, & gas, providing convenience and cost efficiency for ownership. Tenants enjoy private laundry facilities, adding a long-term rental appeal. Property is secured w/ vinyl & chain link fencing & 2 security gates, enhancing privacy & security. Vacancy is rare, as the property is centrally located near Waikiki, Ala Moana, & the University area. Stable, long-term, respectful tenants. Property sold as-is. Buyer and Buyer's Agent to perform their own due diligence. Pictures were taken when units listed for rent. Please do not enter the property or disturb the tenants. Showings by appointment only to qualified buyers. Due to full occupancy, not all units may be available for viewing at the same time. |
|---|---|
| Status | Sold since 03-23-2026 |
| MLS# | 202604945 |
| Price | $1,750,000 |
| Original Price | $1,750,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 4 |
| Two Bed Units | 3 |
| Three Bed Units | 0 |
| Living Sq Ft | 3,536 |
| Land Sq Ft | 6,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2123 Waiola Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 7 |
| Year Built | 1945 |
| Year Remodeled | 2022 |
| Condition | Above Average |
| View | None |
| Frontage | Other |
| Parking | Assigned, Open |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone AO |
| Tax Amount | $512 |
| Assessed Land | $1,608,000 |
| Assessed Building | $148,400 |
| Assessed Total | $1,756,400 |
| Assessed Ratio | 100% |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Concrete, Wood Frame |
| Lot Features | Clear |
| Disclosures | 1031 Exchange, Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-2-7-007-053-0000 |
| Listing courtesy of | Hawaii Home Sales & Mgmt. LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-01-2026 | 202604945 | Sold | C | S | $1,750,000 | $1,780,000 | $1,756,400 | $1,608,000 | $148,400 |
| 04-03-2026 | 202604945 | Active Under Contract | A | C | $1,750,000 | $1,780,000 | $1,756,400 | $1,608,000 | $148,400 |
| 04-03-2026 | 202604945 | Back On Market | C | A | $1,750,000 | $1,780,000 | $1,756,400 | $1,608,000 | $148,400 |
| 03-30-2026 | 202604945 | Active Under Contract | A | C | $1,750,000 | $1,780,000 | $1,756,400 | $1,608,000 | $148,400 |
| 03-23-2026 | 202604945 | New Listing | A | $1,750,000 | $1,780,000 | $1,756,400 | $1,608,000 | $148,400 | |
| 08-23-2010 | 1010070 | Withdrawn | C | W | $1,335,000 | $0 | $1,179,500 | $1,020,000 | $159,500 |
| 08-13-2010 | 1010070 | Active Continue to Show | A | C | $1,335,000 | $0 | $1,179,500 | $1,020,000 | $159,500 |
| 08-01-2010 | 1010070 | New Listing | A | $1,335,000 | $0 | $1,179,500 | $1,020,000 | $159,500 |
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