1223 Wilder Avenue, Honolulu, HI 96822
- $2,800,000
- List Price
- $2,800,000
- Status
- ACTIVE
- Type
- Multifamily
- MLS#
- 202516779
- Days on Market
- 29
- Land Area
- 5,723
- Year Built
- 1920
- Property Type
- Residential
- Neighborhood
- Makiki
- Land Tenure
- FS - Fee Simple
Property Description
An amazing 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 other 5 units' rental income. 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 4.6% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.
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Additional Information
- Island
- Oahu
- Utilities
- Cable Available, Natural Gas Available, High Speed Internet Available, Water Available, Sewer Connected
- View
- None
- Elementary School
- Lincoln
- Middle School
- Stevenson
- High School
- Roosevelt
- Lot Size
- 5,723
- Construction Materials
- Brick, Single Wall, Wood Frame
- Neighborhood
- Makiki
- Frontage
- Other
- Furnished
- Unfurnished
- Year Built
- 1920
- Sewer
- Connected
- Parking Features
- Open
- Lot Features
- Corner Lot, Other, Level
- Stories
- 2
- Assessed Total
- 1576000
- Water
- Public
Mortgage Calculator
Listing courtesy of Excel Commercial Realty LLC.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 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.
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