Property

Honolulu, HI 96814 1128 Alohi Way

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Presented By: Coldwell Banker Island Prop;
  • MLS# 202609955
  • 05/20/2026
  • Request Tour
  • Request Info
  • SQFT • 3,572

Home Details

Rare Kakaako multi-dwelling investment opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features 3 separate living areas with approximately 9 bedrooms and 6 bathrooms total, offering multiple income streams and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment strategy. This 3-unit property includes an upstairs 3-bedroom, 2-bath residence (~1,241 sq. ft.), a downstairs 3-bedroom, 2-bath residence (~1,201 sq. ft.), and an attached 3-bedroom, 2-bath ADU built in 1997 (~1,128 sq. ft.); a 6-car tandem carport, plus additional driveway and street parking. Located near Kakaako, Ward Village, Ala Moana Center, Kaiser Permanente, beaches, dining, shopping, medical facilities, schools, and freeway access, this property benefits from strong rental demand in one of Honolulu's most sought-after urban neighborhoods. Potential opportunity to combine with the neighboring duplex on an additional 6,000 sq. ft. lot, creating approximately 12,000 sq. ft. of contiguous land with future redevelopment potential (Buyer to verify all development possibilities).
Presented By: Coldwell Banker Island Prop;

Interior Features for 1128 Alohi Way

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Laundry FeaturesIn Unit

General for 1128 Alohi Way

CityHonolulu
Construction MaterialsDouble Wall, Masonry, Stucco, Wood Frame
CoolingCentral Air
CountyOahu
DisclosuresSeller Disclosure
IslandOahu
Land TenureFeeSimple
LevelsTwo
MLS AreaMetro
ModificationTimestamp2026-07-08T23:32:39.057-00:00
Net Operating Income99581
Number Of Units Total3
Operating Expense33619
PostalCityHonolulu
Property ConditionAverage Condition
Property SubtypeMulti Family
Property TypeResidential
SewerConnected
Standard StatusActive
StatusActive
Stories Count2
Structure TypeMulti Family
Subdivision NameKAKAAKO
Tax Annual Amount6648.96
Tax Assessed Value1899700
Tenant PaysCable TV, Electricity, Other, Water
TopographyLevel
Total Actual Rent11100
UtilitiesAbove Ground Utilities, Electricity Available, Water Available, Sewer Connected
ViewNone
Virtual TourClick here
Year Built1950
Zoning DescriptionKak – Kakaako Community Development Project

Exterior for 1128 Alohi Way

Building Area Total3572
Lot FeaturesCleared, Interior Lot, Level
Lot Size Area6000
Parking FeaturesOpen, Unassigned
Total Parking6
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 $2,042,250
MLS#202609955
List Date 05/20/2026
Property Type Multi-Family
Phone 808.232.3453
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