- – beds
- – baths
- 3,648 sqft
- 5,469 sqft lot
- $657 per sqft
- 1948 build
- – on site
For Sale: Rare Investment Opportunity – 20-Room Apartment + Liquor Store. Here’s your chance to own a high-demand, income-generating property in the heart of Central Oahu. This two-story apartment complex features 20 rentable rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each floor includes shared cooking areas and two bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot—a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to hospitals and medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers. Seller is conducting 1031 Exchange.
Last checked:
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Last updated Jun 13, 2025
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MLS# 202514057 —
The Building
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Year Built:1948
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Construction Materials:Other,SingleWall
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Structure Type:Apartment,MultiFamily,Other
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Stories:2
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Levels:Two
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Building Area Total:3648.0
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# of Units Total:20
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Year Built:1968
Interior
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Furnished:Unfurnished
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Laundry Features:CoinOperated
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:AverageCondition
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Lot Size Area:5469.0
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Lot Features:Cleared,Other
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Zoning Description:33 - BMX-3 Community Business M
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Parcel Number:1-2-1-041-019-0000
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Topography:Terraced
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View:None
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View:false
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Frontage Type:Other
Listing Agent
- Contact info:
- Agent phone:
- (808) 721-0700
- Office phone:
- (808) 721-0700
Taxes
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Tax Annual Amount:24732.0
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Tax Assessed Value:2045500
Utilities
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Utilities:SewerAvailable,WaterAvailable
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Sewer:SepticTank
Appliances
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Appliances:Washer
The Community
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Subdivision Name:KAPIO/KINAU/WARD
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Community Features:None
Parking
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Parking Total:2.0
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | HI_CENTRAL_MLS | $2,400,000 |