New Listing
$2,650,000
 $14,226 est/mo Sourced by Back At You

1223 Wilder Avenue,Honolulu, HI 96822

Honolulu, HI 96822

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Description

TURN-KEY INCOME IN MAKIKI! An incredible opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1ba) units, along with a 4bd/2ba single family house. All units are separately metered for electricity. The large house allows an owner the potential to "house hack" the property and offset their housing expenses with the income from the other 5-units. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.96% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.

Details

MLS #202621534
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1954
Days On Site4
Listing Provided ByExcel Commercial Realty LLC | Kynan Pang

Features

SQ Feet3,147
Story(s)2
Units6
Zoning12 - A-2 Medium Density Apartme
Property ViewNone

Exterior

Construction MaterialsMasonry, Single Wall, Stucco, Wood Frame

Other

Community FeaturesNone

Taxes

Property5860

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96822
AreaOahu
Community NameMAKIKI AREA
School DistrictRoosevelt
Elementary SchoolLincoln
High SchoolRoosevelt
Listing VS Median (in MAKIKI AREA)
Price:
$2,650,000
low | high
Med:
$304,000
100% of Average
sqft:
3,147
low | high
Med:
415
100% of Average
$ / sqft:
$842
low | high
Med:
$733
63.008592862014% of Average
On site:
4
low | high
Med:
204
2% of Average
Sourced by Back At You

Market Activity 96822

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Coldwell Banker Island Properties

Coldwell Banker Island Properties

 (808) 875-7000info@islandproperties.com
StateHI
CountyOahu
CityHonolulu
Zip Code96822
AreaOahu
Community NameMAKIKI AREA
School DistrictRoosevelt
Elementary SchoolLincoln
High SchoolRoosevelt
Listing VS Median (in MAKIKI AREA)
Price:
$2,650,000
low | high
Med:
$304,000
100% of Average
sqft:
3,147
low | high
Med:
415
100% of Average
$ / sqft:
$842
low | high
Med:
$733
63.008592862014% of Average
On site:
4
low | high
Med:
204
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.987M - $3.312M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
1686 Lewalani Drive Property Photo 1
$2,120,000
1686 Lewalani Drive
Honolulu, HI 96822
Listing Updated: November 9, 2026 at 3:07:26 PM PST

Coldwell Banker Island Properties

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