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.
Active
$2,700,000
1223 Wilder Ave, Honolulu, HI 96822
--beds
0baths
3,147sqft
:
Get pre-qualified$15,870/mo
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$858/sqft
$-- HOA
What's special
- 15 days |
- 40 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Kynan Pang 808-225-8776,
Excel Commercial Realty LLC
Source: HiCentral MLS,MLS#: 202610588
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
Interior area
- Total structure area: 3,147
- Total interior livable area: 3,147 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
Lot
- Features: Corner Lot, Other, Level
- Topography: Level
Details
- Parcel number: 1240200350000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonry, Single Wall, Stucco, Wood Frame
Condition
- Excellent
- Year built: 1954
- Major remodel year: 2025
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Makiki Area
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $858/sqft
- Tax assessed value: $1,674,400
- Annual tax amount: $5,516
- Date on market: 6/1/2026
- Total actual rent: 13550
- Tenant pays: Air Conditioning, Cable TV, Electricity, Gas, Parking Fee
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Listed for sale | $2,700,000$858/sqft |
Source:  HiCentral MLS #202610588 Report a problem | ||
| 6/12/2026 | Contingent | $2,700,000$858/sqft |
Source: HiCentral MLS #202610588 Report a problem | ||
| 6/1/2026 | Listed for sale | $2,700,000-3.6%$858/sqft |
Source: HiCentral MLS #202610588 Report a problem | ||
| 1/1/2026 | Listing removed | $2,800,000$890/sqft |
Source: HiCentral MLS #202516779 Report a problem | ||
| 7/27/2025 | Listed for sale | $2,800,000$890/sqft |
Source: HiCentral MLS #202516779 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,516 0% | $1,576,000 0% |
| 2024 | $5,516 +0.5% | $1,576,100 +0.5% |
| 2023 | $5,489 +2.5% | $1,568,400 +2.5% |
| 2022 | $5,357 +7.4% | $1,530,600 +7.4% |
| 2021 | $4,989 -0.3% | $1,425,400 -0.3% |
| 2020 | $5,006 -0.1% | $1,430,200 -0.1% |
| 2019 | $5,010 +19% | $1,431,500 +19% |
| 2018 | $4,212 +7.4% | $1,203,400 +7.4% |
| 2017 | $3,923 +5.1% | $1,120,900 +5.1% |
| 2016 | $3,733 +6.9% | $1,066,700 +6.9% |
| 2015 | $3,493 | $998,100 +15% |
| 2014 | -- | $867,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Makiki
Nearby schools
GreatSchools rating
- 4/10Queen Kaahumanu Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Robert Louis Stevenson Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10President William Mckinley High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Stevenson
- High: Roosevelt
Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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