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$4,900,000

  • For Sale
  • Active
  • Apartment
  • Fee Simple
  • Updated 2 days ago
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Well-maintained multi-unit property ideally located in the core of Waikiki, offering strong income potential and long-term value. The solid hollow-tile structure features a classic tiled exterior and includes covered parking. Each unit is individually metered for electricity with a shared water meter, and all residences offer generous interior space with private lanais or patios. The property consists of one expansive 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed throughout, including durable high-quality tile flooring, updated kitchens, and modernized bathrooms, along with newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income.

Full Property Details for 254 Kaiulani Ave

General

  • Price: $4,900,000
  • Taxes: $10,608
  • Status: Active
  • Type: Apartment
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202603620
  • Updated: 4/1/2026
  • Added to Site: 33 day(s) ago

Rental Information

  • Complex Features: None

Parking

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

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: WAIKIKI

School Information

  • Elementary School: Jefferson
  • Middle School: Washington
  • High School: Kaimuki

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
  • Detached/Attached: Detached
  • Construction: Hollow Tile, Concrete
  • Year Built: 1960
  • Property Condition: Excellent

Lot Features

  • Lot Size: 4505
  • Topography: Level
  • Lot Features: Other, Level
  • Zoning: X2 - Apartment Precinct

Financial Considerations

  • Operating Expenses: $70,013
  • Assessment Amount: $3,030,900
  • Tax Amount: $10,608
  • Tenant Pays: Cable TV, Electricity, Parking Fee

Disclosures and Reports

  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Disclosures/Reports: None
  • Disclosures/Rstr.: None
  • Property ID: 1-2-6-021-014-0000

Listed by Locations LLC

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Listing agent

— 254 Kaiulani Ave —

  • Locations LLC

(808) 735-4200

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 254 Kaiulani Ave

School District:Hawaii Department of Education
NameGradesDistance
President Thomas Jefferson Elementary School
324 Kapahulu Avenue, Honolulu, HI 96815
PK-50.4 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-81.4 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.6 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 254 Kaiulani Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$4,900,000
-3.92%
MLS
2/18/2022
Sold
$5,100,000
—
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 254 Kaiulani Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,536
—
$3,030,900
—
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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Listed by Locations LLC

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254 Kaiulani Avenue, Honolulu, HI 96815 (MLS# 202603620) is a Apartment property with 0 bedrooms and 0 full bathrooms. 254 Kaiulani Avenue is currently listed for $4,900,000 and was received on March 02, 2026. Want to learn more about 254 Kaiulani Avenue? Do you have questions about finding other Apartment 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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