1128 Alohi Way, Honolulu, HI 96814

$2,042,250

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List Price
$2,042,250
Status
ACTIVE
Type
Multifamily
MLS#
202609955
Days on Market
68
Land Area
6,000
Year Built
1950
Property Type
Residential
Neighborhood
Kakaako
Land Tenure
FS - Fee Simple

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).

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Electricity Available, Water Available, Sewer Connected
View
None
Lot Size
6,000
Construction Materials
Double Wall, Masonry, Stucco, Wood Frame
Neighborhood
Kakaako
Year Built
1950
Sewer
Connected
Parking Features
Open, Unassigned
Lot Features
Cleared, Interior Lot, Level
Stories
2
Assessed Total
1899700
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Island Prop.

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.

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