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1128 Alohi Way

Honolulu, HI 96814
  • $2,042,250
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • MLS #: 202609955
Under Contract
UPDATED: 68 min ago
$2,042,250
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Description

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).

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© 2026 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers.

Licensed in the State of Hawaii, USA.
www.hawaiiclient.com/homes/176718756
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1128 Alohi Way Honolulu, HI 96814

  • Price: $2,042,250
  • Status: Active Under Contract
  • On Site: 107 Days
  • Updated: 68 min ago
  • MLS #: 202609955
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1950
Built
Neighborhood:
Kakaako
County:
Oahu
Area:
Metro
Property Description
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).
Exterior Features

Construction Materials Double Wall Masonry Stucco Wood Frame Lot Features Cleared Interior Lot Level Open Parking YN Yes Parking Features Open Unassigned Parking Total 6 Topography Level View None View YN No

Interior Features

Building Area Total 3572 Cooling Central Air Cooling YN Yes Laundry Features In Unit Levels Two

Property Features

Availability Type Disclosures Seller Disclosure Land Tenure Fee Simple Net Operating Income 99581 Operating Expense 33619 Operating Expense Includes Manager Maintenance Real Estate Tax Property Condition Average Condition Property Sub Type Multi Family Sewer Connected Special Listing Conditions None Structure Type Multi Family Tax Annual Amount 6648.96 Tenant Pays Cable TV Electricity Other Water Utilities Above Ground Utilities Electricity Available Water Available Sewer Connected Water Source Public Zoning Description Kak – Kakaako Community Development Project

Listings provided courtesy of Coldwell Banker Island Prop: .
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2026-09-06T16:59:05.473. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.


© 2026 HiCentral MLS, Ltd. All rights reserved.
Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawai‘i Life Real Estate Brokers.

Licensed in the State of Hawaii, USA.
 
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Hanalei HI, 96714