Property

Honolulu, HI 96826 2908 Varsity Circle

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Presented By: Five Star Realty, Inc.; (808) 382-6871
  • MLS# 202517940
  • 08/12/2025
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  • SQFT • 4,068

Home Details

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.
Presented By: Five Star Realty, Inc.; (808) 382-6871

Interior Features for 2908 Varsity Circle

Bathrooms

Total Baths

Other Interior Features

Furnished Y/NPartially
Laundry FeaturesIn Unit

General for 2908 Varsity Circle

AttributionContact(808) 382-6871
CityHonolulu
Community FeaturesNone
Construction MaterialsBrick, Single Wall
CountyOahu
DisclosuresPrincipal is Real Estate Licensed
IslandOahu
Land TenureFeeSimple
LevelsTwo
MLS AreaMetro
ModificationTimestamp2025-12-14T16:12:14.293-00:00
Net Operating Income130176
Number Of Units Total8
Operating Expense24864
PostalCityHonolulu
Property ConditionGood Condition
Property SubtypeMulti Family
Property TypeResidential
SewerConnected
Standard StatusActive
StatusActive
Stories Count2
Structure TypeApartment
Subdivision NameUNIVERSITY
Tax Annual Amount6467.04
Tax Assessed Value1847600
Tenant PaysAir Conditioning, Electricity, Other
TopographyLevel
Total Actual Rent12920
UtilitiesAbove Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected
ViewOther
Year Built1955
Year Built Effective1990
Zoning Description11 - A-1 Low Density Apartment

Exterior for 2908 Varsity Circle

Building Area Total4068
Frontage TypeOther
Lot FeaturesCleared, Interior Lot, Level
Lot Size Area5001
Parking FeaturesAssigned
Total Parking7
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Vardit Hacmon

Real Estate Agent
Price $2,480,000
MLS#202517940
List Date 08/12/2025
Property Type Multi-Family
Phone 808.232.3453
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