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2105 Algaroba Street

Honolulu, HI 96826
  • $2,900,000
  • STATUS: Active Under Contract
  • ON SITE: 111 Days
  • MLS #: 202605406
Under Contract
UPDATED: 70 min ago
$2,900,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Well-located 10-unit multifamily property in the heart of Moiliili. All units are 1BD/1BA and currently rented, providing immediate in-place income. Two units have been recently improved, with additional upside potential through renovation and repositioning of remaining units. Each unit features a private rear patio with a washing machine, and the property offers 12 parking spaces (and one can be tandem)! Separately metered electric and gas enhance operational efficiency. Recently painted exterior with CMU lower level and wood-frame upper-level construction. Centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access. Excellent opportunity in a supply-constrained rental market!

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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/174316456
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2105 Algaroba Street Honolulu, HI 96826

  • Price: $2,900,000
  • Status: Active Under Contract
  • On Site: 111 Days
  • Updated: 70 min ago
  • MLS #: 202605406
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1958
Built
Neighborhood:
Moiliili
County:
Oahu
Area:
Metro
Elementary School:
Lunalilo
Middle School:
Washington
High School:
Kaimuki
Property Description
Well-located 10-unit multifamily property in the heart of Moiliili. All units are 1BD/1BA and currently rented, providing immediate in-place income. Two units have been recently improved, with additional upside potential through renovation and repositioning of remaining units. Each unit features a private rear patio with a washing machine, and the property offers 12 parking spaces (and one can be tandem)! Separately metered electric and gas enhance operational efficiency. Recently painted exterior with CMU lower level and wood-frame upper-level construction. Centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access. Excellent opportunity in a supply-constrained rental market!
Exterior Features

Construction Materials Hollow Tile Concrete Wood Frame Frontage Type Other Lot Features Cleared Corner Lot Level Open Parking YN Yes Parking Features Assigned Open Parking Total 12 Topography Level View None View YN No

Interior Features

Building Area Total 4080 Laundry Features In Unit Levels Two

Property Features

Availability Type Community Features None Disclosures None Land Tenure Fee Simple Net Operating Income 127500 Operating Expense 48300 Operating Expense Includes Insurance Manager Maintenance Other Real Estate Tax New Tax Water / Sewer Property Condition Average Condition Property Sub Type Multi Family Sewer Connected Special Listing Conditions None Structure Type Apartment Tax Annual Amount 7200 Tenant Pays Electricity Gas Utilities Above Ground Utilities Electricity Available Natural Gas Available Water Available Sewer Connected Zoning Description 12 - A-2 Medium Density Apartme

Listings provided courtesy of Forward Realty: (808) 548-2366.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2026-07-10T20:59:12.957. 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