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2902 Varsity Circle

Honolulu HI 96826 · Active · $1,600,000

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2902 Varsity Circle

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Rebate20% Buyer's Rebate | $3,500 Flat Fee Selling | 2% Full Service Selling
DescriptionA hidden gem in the heart of Honolulu, this charming 8-unit studio apartment building offers a surprisingly peaceful atmosphere surrounded by tropical greenery. Located just steps from UH Manoa and across from a large University-maintained open field, the property provides a quiet retreat with unmatched convenience. The building features 8 studios, 8 parking stalls, separately metered electricity, coin-operated laundry, and solid concrete construction. All units offer ceramic tile flooring, scenic green views, and strong appeal to the area's consistent pool of renters. Positioned on a private cul-de-sac, this property presents an attractive opportunity for investors seeking stable income with room for future growth. Do not disturb tenants or enter the property without notifying listing agent.
StatusActive since 10-21-2026
MLS#202619405
Price$1,600,000
Original Price$1,600,000
Price Change (0.00%)
Previous Sale201702623 · $1,488,000 · 06-08-2017
Studio Units8
One Bed Units0
Two Bed Units0
Three Bed Units0
Land Sq Ft6,130
Land TenureFS - Fee Simple
Address2902 Varsity Circle Honolulu HI 96826
RegionMetro
NeighborhoodUniversity
Days on Market11
Year Built1954
Year Remodeled1960
ConditionAverage
ViewOther
ParkingOpen
Zoning11 - A-1 Low Density Apartment
Flood ZoneZone X · See flood zone map · Explain flood zones
Monthly Tax$446
Assessed Land$1,377,300
Assessed Building$152,000
Assessed Total$1,529,300
Assessed Ratio105%
UtilitiesCable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
ConstructionAbove Ground, Concrete
Lot FeaturesFlag Lot
DisclosuresNone
Land RecordedLand Court
PossessionAt Closing
Sale ConditionsNone
TopographyLevel
StoriesTwo
RoofingComposition
EasementsNone
Parcel #1-2-8-025-013-0000
Listing courtesy ofHawaii Homes LLC
DateMLS#ChangeOld ValueNew ValueList PriceSold PriceAssessed TotalLandBuilding
10-21-2026202619405New ListingA$1,600,000$0$1,529,300$1,377,300$152,000
12-07-2024202403396ExpiredAX$1,900,000$0$1,470,900$1,327,300$143,600
02-11-2024202403396New ListingCSA$1,900,000$0$1,470,900$1,327,300$143,600
02-11-2024202403396Coming SoonCS$1,900,000$0$1,470,900$1,327,300$143,600
06-08-2017201702623SoldPS$1,488,000$1,488,000$1,126,700$926,600$200,100
04-21-2017201702623In Escrow Not ShowingCP$1,488,000$1,488,000$1,126,700$926,600$200,100
03-31-2017201702623In Escrow ShowingAC$1,488,000$1,488,000$1,126,700$926,600$200,100
02-14-2017201702623New ListingA$1,488,000$1,488,000$1,126,700$926,600$200,100
01-27-2017201621518WithdrawnAW$1,580,000$0$1,102,600$901,500$201,100
01-27-2017201621518Back On MarketPA$1,580,000$0$1,102,600$901,500$201,100
10-31-2016201621518PendingCP$1,580,000$0$1,102,600$901,500$201,100
10-31-2016201621518Active Continue to ShowAC$1,580,000$0$1,102,600$901,500$201,100
08-18-2016201621518New ListingA$1,580,000$0$1,102,600$901,500$201,100
07-30-20082802223SoldCS$1,095,000$960,000$733,800$621,500$112,300
06-17-20082802223Active Continue to ShowAC$1,095,000$960,000$733,800$621,500$112,300
04-26-20082802223Price Decrease$1,195,000$1,095,000$1,095,000$960,000$733,800$621,500$112,300
04-25-20082802223Back On MarketCA$1,095,000$960,000$733,800$621,500$112,300
04-16-20082802223Active Continue to ShowAC$1,095,000$960,000$733,800$621,500$112,300
03-24-20082802223Price Decrease$1,295,000$1,195,000$1,095,000$960,000$733,800$621,500$112,300
02-05-20082802223New ListingA$1,095,000$960,000$733,800$621,500$112,300
05-21-20072620130SoldXS$829,000$806,000$616,900$511,900$105,000
04-01-20072620130ExpiredPX$829,000$806,000$616,900$511,900$105,000
11-02-20062620130New ListingA$829,000$806,000$616,900$511,900$105,000
10-18-20062611556WithdrawnTW$850,000$0$616,900$511,900$105,000
09-29-20062611556Temporarily WithdrawnAT$850,000$0$616,900$511,900$105,000
09-06-20062611556Price Decrease$895,000$850,000$850,000$0$616,900$511,900$105,000
06-19-20062611556New ListingA$850,000$0$616,900$511,900$105,000
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