1223 Wilder Avenue, Honolulu, HI 96822

$2,700,000

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List Price
$2,700,000
Status
ACTIVE
Type
Multifamily
MLS#
202610588
Days on Market
58
Land Area
5,723
Year Built
1954
Property Type
Residential
Neighborhood
Makiki
Land Tenure
FS - Fee Simple

Property Description

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.

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Sewer Connected
View
None
Elementary School
Lincoln
Middle School
Stevenson
High School
Roosevelt
Lot Size
5,723
Construction Materials
Masonry, Single Wall, Stucco, Wood Frame
Neighborhood
Makiki
Year Built
1954
Sewer
Connected
Parking Features
Open
Lot Features
Corner Lot, Other, Level
Stories
2
Assessed Total
1674400
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Excel Commercial Realty LLC.

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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