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$2,042,250
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Property Description
Rare Kakaako multi-dwelling investment opportunity in the U/KA/12 Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features three separate living areas w/ approximately 9 bedrooms and 6 bathrooms total, offering exceptional flexibility for investors, multi-generational households, or owner-occupants seeking rental income. Upstairs includes a 3-bedroom, 2-bath unit (~1,241 sq. ft.), downstairs: 3-bedroom, 2-bath unit (~1,201 sq. ft.), & an attached ADU built in 1997 w/ 3 bedrooms and 2 baths (~1,128 sq. ft.). Ideal setup to live in one unit while generating income from the others. The carport holds approximately 6 vehicles (tandem parking), plus additional driveway and street parking. Conveniently located near Ala Moana Center, Ward Village, beaches, dining, shopping, & freeway access. Potential opportunity to combine with neighboring property (duplex on 6000 sq.ft. lot) for future redevelopment potential (Buyer to verify all development possibilities and zoning requirements). Sold As-Is; improvements may not match tax records.
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: 5/21/2026
- Added to Site: 7 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
- 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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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
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.
Tax History
Tax History for 1128 Alohi Wy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,652
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
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.

