$2,700,000
1223 Wilder Avenue
MAKIKI AREA · Honolulu · 96822 · MLS 202610588
- —beds
- 0baths
- 3,147living sqft
- Multi-familytype
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/1a) units, along with a 4bd / 2ba single family house. All units are separately metered for electricity. The large house allows an owner the ability 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 4.86% cap rate at acquisition. The property is occupied by excellent tenants. The property is well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, Makiki District Park, and Ala Moana Center.
Building & interior
- Style
- Apartment,Multi Family
- Condition
- Excellent
- Total area
- 3,147 sqft
- Lot size
- 5,723 sqft
- Year built
- 1954
- Renovated
- 2025
- Stories
- Two
- Parking
- 6 stalls · Open
Construction & features
- Cooling
- Central Air
- Construction
- Masonry · Single Wall · Stucco · Wood Frame
- Roofing
- Asphalt · Shingle
- Topography
- Level
- Lot features
- Corner Lot · Level
- Utilities
- Above Ground Utilities · Cable Available · Electricity Available · Natural Gas Available · Sewer Available · Water Available · Sewer Connected
- Water
- Public
Tax & assessment
- Annual property tax
- $5,516/yr
- Tax year
- 2026
- Assessed — total
- $1,674,400
- Assessed — land
- $1,413,300
- Assessed — improvements
- $261,100
- TMK
- 1-2-4-020-035-0000
- Zoning
- 12 - A-2 Medium Density Apartme
- Land tenure
- Fee simple
- Financing accepted
- Cash · Conventional · Exchange1031
- Disclosures
- Exchange1031 · Call Agent · Principal Is Real Estate Licensed
Price history
- Original list
- $2,700,000
- Current
- $2,700,000
Listed by Excel Commercial Realty LLC
Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.
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