Listing by: Thomas S Kiyabu, Coldwell Banker Island Prop, (808) 372-4176
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Rare Kakaako multi-dwelling investment opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features 3 separate living areas with approximately 9 bedrooms and 6 bathrooms total, offering multiple income streams and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment strategy. This 3-unit property includes an upstairs 3-bedroom, 2-bath residence (~1,241 sq. ft.), a downstairs 3-bedroom, 2-bath residence (~1,201 sq. ft.), and an attached 3-bedroom, 2-bath ADU built in 1997 (~1,128 sq. ft.); a 6-car tandem carport, plus additional driveway and street parking. Located near Kakaako, Ward Village, Ala Moana Center, Kaiser Permanente, beaches, dining, shopping, medical facilities, schools, and freeway access, this property benefits from strong rental demand in one of Honolulu's most sought-after urban neighborhoods. Potential opportunity to combine with the neighboring duplex on an additional 6,000 sq. ft. lot, creating approximately 12,000 sq. ft. of contiguous land with future redevelopment potential (Buyer to verify all development possibilities).
Property Details | ||
|---|---|---|
| Price | $2,042,250 | |
| Total Baths | 0 | |
| Lot Size Area | 6000 | |
| Property Type | Residential | |
| MLS Sub type | Multi Family | |
| Stories | 2 | |
| Year Built | 1950 | |
| Subdivision | KAKAAKO | |
| View | None | |
| Lot Description | Cleared,Interior Lot,Level | |
| Laundry Features | In Unit | |
| Parking Description | Open,Unassigned | |
| Parking Spaces | 6 | |
Geographic Data | ||
| County | Oahu | |
| Latitude | 21.299691 | |
| Longitude | -157.845157 | |
| Market Area | Metro | |
Address Information | ||
| Address | 1128 Alohi Way, Honolulu, HI 96814 | |
| Postal Code | 96814 | |
| City | Honolulu | |
| State | HI | |
| Country | United States | |
Listing Information | ||
| Listing Office | Coldwell Banker Island Prop | |
| Listing Office Phone | (808) 875-7000 | |
| Listing Office Email | steve.baker@islandproperties.com | |
| Listing Agent | Thomas S Kiyabu | |
| Listing Agent Phone | (808) 372-4176 | |
| Virtual Tour URL | https://hommati.tours/tour/2616785?play=no&mls=yes | |
MLS Information | ||
| Days on market | 9 | |
| MLS Status | Active | |
| Listing Date | May 20, 2026 | |
| Listing Last Modified | May 29, 2026 | |
| Tax ID | 1-2-3-011-007-0000 | |
| Tax Annual Amount | 6648 | |
| MLS Area | Metro | |
| MLS # | 202609955 | |
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This information is believed to be accurate, but without any warranty.