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MLS: 202516779 (Active - For Sale)
 
Asking Price: $2,800,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 1223 Wilder Avenue, Honolulu, HI
Neighborhood: Makiki Area
Land Area: 5,723 SF
Parking: Open
Amenities: A/C
Days on Market: 149
Year Built: 1920
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Regular System
Property Taxes: $460
Assessed Value: $1,576,000
Assessed Ratio: 177.66%
Listing Courtesy: Excel Commercial Realty LLC
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All Multi-Family Homes For Sale in Makiki Area


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.


3 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath01/06/202505/22/2025$1,700,000$1,600,000
0 Bed 0 Bath01/08/202507/08/2025$2,100,000$1,850,000
0 Bed 0 Bath02/26/202505/23/2025$2,800,000$2,650,000
Average Price:  $2,033,333

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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