Property

Honolulu, HI 96826 2123 Waiola Street

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Presented By: Hawaii Home Sales & Mgmt. LLC; (808) 258-3366
  • MLS# 202604945
  • 03/23/2026
  • Request Tour
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  • SQFT • 3,536

Home Details

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.
Presented By: Hawaii Home Sales & Mgmt. LLC; (808) 258-3366

Interior Features for 2123 Waiola Street

Bathrooms

Total Baths

Other Interior Features

Furnished Y/NPartially
Laundry FeaturesIn Unit

General for 2123 Waiola Street

AppliancesWasher
AttributionContact(808) 258-3366
CityHonolulu
Community FeaturesNone, Storage Facilities
Construction MaterialsConcrete, Wood Frame
CountyOahu
Disclosures1031 Exchange, Seller Disclosure
IslandOahu
Land TenureFeeSimple
LevelsTwo
MLS AreaMetro
ModificationTimestamp2026-04-23T20:29:18.750-00:00
Net Operating Income91704
Number Of Units Total7
Operating Expense26096
PostalCityHonolulu
Property ConditionGood Condition
Property SubtypeMulti Family
Property TypeResidential
SewerConnected
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Structure TypeApartment, Multi Family
Subdivision NameMOILIILI
Tax Annual Amount6147
Tax Assessed Value1756400
Tenant PaysAir Conditioning, Cable TV, Electricity, Gas, Other, Water
TopographyLevel
Total Actual Rent9600
UtilitiesAbove Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
ViewNone
Year Built1945
Year Built Effective2022
Zoning Description12 - A-2 Medium Density Apartme

Exterior for 2123 Waiola Street

Building Area Total3536
Frontage TypeOther
Lot FeaturesCleared, Other, Level
Lot Size Area6000
Parking FeaturesAssigned, Open
Total Parking4
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 $1,750,000
MLS#202604945
List Date 03/23/2026
Property Type Multi-Family
Phone 808.232.3453
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