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$2,480,000

  • For Sale
  • Active
  • Apartment
  • 4,068 Sq. Ft.
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Investor Alert - Turn-Key 8-Unit Property! 2908 Varsity Circle is a well-maintained multifamily property featuring 8 units, each with separate electric meters (8 total) and one water meter, streamlining utility management. The property brings in a strong monthly rental income of $12,920, offering immediate cash flow. Recent upgrades include updated exterior meter box breaker panels, improving safety and reducing long-term maintenance costs. Ideally located near the University of Hawai?i at Manoa, popular local restaurants, shopping, and major business institutions, this property also offers easy access to the H-1 Freeway in both East and West directions-making commuting simple for tenants. With a stable tenant base and desirable central location, this is a rare opportunity to own a high-performing, income-producing asset in one of Honolulu's most sought-after neighborhoods.

Full Property Details for 2908 Varsity Cir

General

  • Price: $2,480,000
  • Taxes: $6,467
  • Status: Active
  • Type: Apartment
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202517940
  • Updated: 12/14/2025
  • Added to Site: 159 day(s) ago

Rental Information

  • Complex Features: None

Interior

  • Furnishings: Partially

Rooms

Other Rooms

  • Laundry: In Unit

Parking

  • Total Spaces: 7
  • Parking Features: Assigned

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: UNIVERSITY

Utilities

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

Structural Information

  • Structure Type: Apartment
  • Detached/Attached: Detached
  • Construction: Brick, Single Wall
  • Stories/Levels: 2
  • Square Feet: 4,068
  • Year Built: 1955
  • Property Condition: Good Condition

Lot Features

  • Property View: Other
  • Lot Size: 5001
  • Topography: Level
  • Lot Features: Cleared, Interior Lot, Level
  • Zoning: 11 - A-1 Low Density Apartment

Financial Considerations

  • Operating Expenses: $24,864
  • Assessment Amount: $1,847,600
  • Tax Amount: $6,467.04
  • Tenant Pays: Air Conditioning, Electricity, Other

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: Principal is Real Estate Licensed
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 1-2-8-025-015-0000

Listed by Five Star Realty, Inc.

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Listing agent

— 2908 Varsity Cir —

  • Five Star Realty, Inc.

(808) 382-6871

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 2908 Varsity Cir

School District:Hawaii Department of Education
NameGradesDistance
Prince Jonah Kuhio Elementary School
2759 South King Street, Honolulu, HI 96826
PK-50.2 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-81.2 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2908 Varsity Cir Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/14/2025
Price Reduced
$2,480,000
-4.62%
MLS
8/12/2025
Listed
$2,600,000
26.83%
MLS
3/22/2022
Sold
$2,050,000
—
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 2908 Varsity Cir

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,472
4%
$1,847,600
—
2023
$6,250
7%
$1,849,100
4%
2022
$5,858
—
$1,785,600
7%
2022
$5,858
5%
$1,673,700
5%
2021
$5,590
—
$1,597,100
-5%
2021
$5,590
13%
$1,682,800
19%
2018
$4,954
-10%
$1,415,300
-10%
2019
$5,493
12%
$1,569,500
12%
2017
$4,904
1%
$1,401,200
1%
2016
$4,846
35%
$1,384,700
35%
2015
$3,582
11%
$1,023,300
9%
2013
$3,221
—
$941,900
—
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.

Estimate the Cost for 2908 Varsity Cir

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

Listed by Five Star Realty, Inc.

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2908 Varsity Circle, Honolulu, HI 96826 (MLS# 202517940) is a Apartment property with 0 bedrooms and 0 full bathrooms. 2908 Varsity Circle is currently listed for $2,480,000 and was received on August 12, 2025. Want to learn more about 2908 Varsity Circle? 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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