283 Wai Nani Way, Honolulu, HI 96815

$3,500,000

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List Price
$3,500,000
Status
ACTIVE
Days on Market
23
Price Change
▼ $200,000 1793060169
MLS#
202619341
Subtype
Residential
Year Built
1959
Lot Size
5,760
Subdivision
Waikiki
Neighborhood
Waikiki
MLS Area Major
Metro
Land Tenure
FS - Fee Simple

Property Description

Excellent opportunity to acquire a fee simple, 11-unit multifamily investment property operated as 13 individual rentals! Ideally situated on the quiet side of Waikiki, this property features two separate buildings separated by a spacious courtyard, 5 parking stalls, separately metered electricity and gas, and is NOT in a designated flood zone! Building One is solid concrete with eight 1-bedroom units. Building Two offers a studio, 2-bedroom, and 3-bedroom unit currently rented by the room. The versatile configuration provides multiple income streams and investment flexibility. Enjoy a peaceful residential setting near Waikiki Beach, Kapiolani Park, shopping, dining, and entertainment. An attractive investment opportunity in a desirable rental location!

Additional Information

Taxes
$9,428
Stories
2
Levels
Two
Parking Features
Assigned
View
City

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Listing courtesy of Listing Agent: Alan J Christopher (alan.christopher@cbi-hawaii.com) from Listing Office: CBI Residential Advisory Svcs..

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 942-7100