287 Wai Nani WAY, Honolulu, HI 96815
287 Wai Nani WAY, Honolulu, HI 96815
287 Wai Nani WAY, Honolulu, HI 96815
287 Wai Nani WAY, Honolulu, HI 96815
287 Wai Nani WAY, Honolulu, HI 96815
287 Wai Nani WAY, Honolulu, HI 96815

HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?

Additional details
Steven Higgins Weimer

Steven Higgins Weimer

+1(808) 215-5111
Listed by Real Estate Strategies, LLC
$ 4,980,000
Est. payment | /mo
Save
$ 4,980,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Waikiki

MLS Listing ID 202519531

Construction Status Average Condition,Good Condition

HOA Y/N No

Year Built 1963

Annual Tax Amount $10,367

Property Sub-Type Multi Family

Property Description

Exceptional rental income and low operating costs make this a rare investment opportunity in Waikiki's residential neighborhood. This turnkey 3-story walk-up comprises 13 units: nine 2BD/1BA plus four 1BD/1BA, each with a private lanai. Well-kept and low-maintenance, the property is positioned in one of Honolulu's most reliable rental markets. Features include community coin-operated laundry, individual electrical metering for tenant-paid power. Parking is available with a three-car front carport, plus two tandem spaces in a secondary carport accessed via the driveway. Units have been updated upon turnover, ensuring the building remains in excellent condition with strong occupancy, consistent rental income, and long-term tenants. Set in the quieter, less trafficked section of Waikiki, residents enjoy walkable access to world-class beaches, dining, shopping, and recreation, as well as convenient transit connections. This combination of stable income, efficient operations, and an unbeatable location makes the property a standout investment in Honolulu's steady multifamily market.

Location

State HI

County Oahu

Area Metro

Interior

Furnishings Partially

Fireplace No

Appliance Dryer, Washer

Laundry Coin-operated

Exterior

Parking Features Assigned, Covered, Tandem

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected

View Y/N Yes

View City

Total Parking Spaces 7

Building

Lot Description Cleared, Level

Dwelling Type Apartment

Entry Level Three Or More

Sewer Connected

Water Public

Level or Stories Three Or More

Construction Status Average Condition,Good Condition

Schools

Elementary Schools Jefferson

Middle Schools Washington

High Schools Kaimuki

Others

Tax ID 1-2-6-028-043-0000

Special Listing Condition None

Hawaii Central MLS (HiCentralMLS)
Steven Higgins Weimer
Steven Higgins Weimer

Agent | License ID: RS-85158

+1(808) 215-5111 | stevenhw@oceanregroup.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive text messages from Steven Higgins Weimer regarding real estate services, property inquiries, scheduling, and related communications. Message frequency varies. Message and data rates may apply. Reply HELP for help or STOP to opt out.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

287 Wai Nani WAY