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$1,750,000

  • For Sale
  • Under Contract
  • Multi-Family
  • Fee Simple
  • Updated 9 days ago
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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.

Full Property Details for 2123 Waiola St

General

  • Price: $1,750,000
  • Taxes: $6,147
  • Status: Under Contract
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202604945
  • Updated: 4/1/2026
  • Added to Site: 19 day(s) ago

Rental Information

  • Complex Features: None, Storage Facilities

Interior

  • Appliances: Washer
  • Furnishings: Partially

Rooms

Other Rooms

  • Laundry: In Unit

Parking

  • Total Spaces: 4
  • Parking Features: Assigned, Open

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: MOILIILI

Utilities

  • Sewer: Connected
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

Structural Information

  • Structure Type: Apartment, Multi Family
  • Detached/Attached: Detached
  • Construction: Concrete, Wood Frame
  • Stories/Levels: 2
  • Square Feet: 3,536
  • Year Built: 1945
  • Property Condition: Good Condition

Lot Features

  • Lot Size: 6000
  • Topography: Level
  • Lot Features: Cleared, Other, Level
  • Zoning: 12 - A-2 Medium Density Apartme

Financial Considerations

  • Operating Expenses: $26,096
  • Assessment Amount: $1,756,400
  • Tax Amount: $6,147
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas, Other, Water

Disclosures and Reports

  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Disclosures/Reports: 1031 Exchange, Seller Disclosure
  • Disclosures/Rstr.: 1031 Exchange, Seller Disclosure
  • Property ID: 1-2-7-007-053-0000

Listed by Hawaii Home Sales & Mgmt. LLC

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Listing agent

— 2123 Waiola St —

  • Hawaii Home Sales & Mgmt. LLC

(808) 258-3366

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2123 Waiola St

School District:Hawaii Department of Education
NameGradesDistance
King William Lunalilo Elementary School
810 Pumehana Street, Honolulu, HI 96826
PK-50.3 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-80.4 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.9 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 2123 Waiola St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/23/2026
Listed
$1,750,000
88.42%
MLS
10/30/2012
Sold
$928,800
—
Public Record
Get Price Alerts and Save Property
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 for 2123 Waiola St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,150
3%
$1,756,400
—
2023
$5,970
12%
$1,757,200
3%
2022
$5,316
—
$1,705,600
12%
2022
$5,316
—
$1,519,000
—
2021
$5,338
—
$1,525,200
-1%
2021
$5,338
19%
$1,537,500
20%
2018
$4,483
1%
$1,280,900
1%
2017
$4,418
9%
$1,262,200
9%
2016
$4,041
3%
$1,154,600
3%
2015
$3,928
-21%
$1,122,200
-21%
2019
$4,985
38%
$1,424,300
31%
2013
$3,617
—
$1,086,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Hawaii Home Sales & Mgmt. LLC

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2123 Waiola Street, Honolulu, HI 96826 (MLS# 202604945) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 2123 Waiola Street is currently listed for $1,750,000 and was received on March 23, 2026. Want to learn more about 2123 Waiola Street? 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.

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