Date
Details
Price
Change
Source
5/20/2026
Listed
$2,042,250
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/25
$2,042,250
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Property Description
Rare Kakaako multi-dwelling investment opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features 3 separate living areas with approximately 9 bedrooms and 6 bathrooms total, offering multiple income streams and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment strategy. This 3-unit property includes an upstairs 3-bedroom, 2-bath residence (~1,241 sq. ft.), a downstairs 3-bedroom, 2-bath residence (~1,201 sq. ft.), and an attached 3-bedroom, 2-bath ADU built in 1997 (~1,128 sq. ft.); a 6-car tandem carport, plus additional driveway and street parking. Located near Kakaako, Ward Village, Ala Moana Center, Kaiser Permanente, beaches, dining, shopping, medical facilities, schools, and freeway access, this property benefits from strong rental demand in one of Honolulu's most sought-after urban neighborhoods. Potential opportunity to combine with the neighboring duplex on an additional 6,000 sq. ft. lot, creating approximately 12,000 sq. ft. of contiguous land with future redevelopment potential (Buyer to verify all development possibilities).
Full Property Details
Full Property Details for 1128 Alohi Wy
General
- Price: $2,042,250
- Taxes: $6,648
- Status: Active
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202609955
- Updated: 5/29/2026
- Added to Site: 53 day(s) ago
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 6
- Parking Features: Open, Unassigned
Location
- Area: Metro
- County: Oahu
- Subdivision: KAKAAKO
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Connected
- Water: Public
- Utility Description: Above Ground Utilities, Electricity Available, Water Available, Sewer Connected
Structural Information
- Structure Type: Multi Family
- Detached/Attached: Detached
- Construction: Double Wall, Masonry, Stucco, Wood Frame
- Stories/Levels: 2
- Square Feet: 3,572
- Year Built: 1950
- Property Condition: Average Condition
Lot Features
- Lot Size: 6000
- Topography: Level
- Lot Features: Cleared, Interior Lot, Level
- Zoning: Kak – Kakaako Community Development Project
Financial Considerations
- Operating Expenses: $33,619
- Assessment Amount: $1,899,700
- Tax Amount: $6,648.96
- Tenant Pays: Cable TV, Electricity, Other, Water
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Disclosures/Reports: Seller Disclosure
- Disclosures/Rstr.: Seller Disclosure
- Property ID: 1-2-3-011-007-0000
Listed by Coldwell Banker Island Prop
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Listing agent
— 1128 Alohi Wy —
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Schools
Schools serving 1128 Alohi Wy
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Queen Kaahumanu Elementary School 1141 Kinau Street, Honolulu, HI 96814 | PK-5 | 0.2 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 0.7 mi |
President William Mckinley High School 1039 South King Street, Honolulu, HI 96814 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1128 Alohi Wy
Tax History
Tax History for 1128 Alohi Wy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,649
—
$1,823,200
-4%
2025
$6,649
1%
$1,899,700
—
2023
$6,606
11%
$1,900,500
1%
2022
$5,931
—
$1,887,300
11%
2022
$5,931
3%
$1,694,600
3%
2021
$5,758
—
$1,645,200
-3%
2021
$5,758
7%
$1,693,800
10%
2018
$5,384
2%
$1,538,200
2%
2017
$5,287
6%
$1,510,700
6%
2016
$4,970
8%
$1,420,000
8%
2015
$4,620
-22%
$1,320,100
-22%
2019
$5,922
60%
$1,692,000
55%
2013
$3,698
—
$1,090,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1128 Alohi Wy
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1128 Alohi Way, Honolulu, HI 96814 (MLS# 202609955) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1128 Alohi Way is currently listed for $2,042,250 and was received on May 20, 2026. Want to learn more about 1128 Alohi Way? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.