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$3,190,000
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Property Description
Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
Full Property Details
Full Property Details for 303 Wai Nani Way
General
- Sold For: $3,190,000
- Taxes: $6,684
- Status: Closed
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202501525
- Added to Site: 407 day(s) ago
Rental Information
- Complex Features: None
Interior
- Appliances: Dryer, Washer
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: In Unit
Parking
- Total Spaces: 6
- Parking Features: Assigned, Covered, Open, Tandem
Location
- Area: Metro
- County: Oahu
- Subdivision: WAIKIKI
School Information
- Elementary School: Jefferson
- Middle School: Washington
- High School: Mckinley
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
- Architectural Style: Fourplex
- Structure Type: Multi Family
- Detached/Attached: Detached
- Construction: Single Wall, Wood Frame
- Stories/Levels: 1
- Square Feet: 2,988
- Year Built: 1939
- Property Condition: Average Condition
Lot Features
- Lot Size: 7103
- Topography: Level
- Lot Features: Cleared, Other, Level
- Zoning: X2 - Apartment Precinct
Financial Considerations
- Operating Expenses: $18,884
- Assessment Amount: $1,909,900
- Tax Amount: $6,684.96
- Tenant Pays: Cable TV, Electricity, Other, Water
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: 1031 Exchange, Familial Relation, Owner Is Listing Agent, Principal is Real Estate Licensed, Pet on Property, Seller Disclosure
- Disclosures/Rstr.: 1031 Exchange, Familial Relation, Owner Is Listing Agent, Principal is Real Estate Licensed, Pet on Property, Seller Disclosure
- Property ID: 1-2-6-028-044-0000
Listed by Gloria Chi Realty Inc.
Sold by Five Star Realty, Inc.
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Schools
Schools serving 303 Wai Nani Way
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
President Thomas Jefferson Elementary School 324 Kapahulu Avenue, Honolulu, HI 96815 | PK-5 | 0.1 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.8 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.8 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 303 Wai Nani Way
Date
Details
Price
Change
Source
4/04/2025
Sold
$3,190,000
-1.85%
MLS
1/09/2025
Listed
$3,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
303 Wai Nani Way, Honolulu, HI 96815 (MLS# 202501525) is a Multi-Family property that was sold at $3,190,000 on April 04, 2025. Want to learn more about 303 Wai Nani 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.

