GEM IN WAIKIKI: Secure Building w 12 units: 6 studios, 6 ones, 1 ground floor office with monitors, and over 9,000sf of interior! 8 covered parking with secure electrical room, keyed lobby and stairs. Elevator and fire stand pipe. All units separately metered for electric, one water meter. Solid concrete construction on corner lot, one way access only for mostly local traffic. Secure laundry room with machines leased for $62.83/mo--property manager collects coins. Additional income potential by bringing the units to market rents, charging for all parking and for each storage area (4).
Closed
$2,821,500
250 Kapili St, Honolulu, HI 96815
--beds
0baths
9,004sqft
Multi Family
Built in 1961
-- sqft lot
$2,769,300 Zestimate®
$313/sqft
$2,739 Estimated rent
Home value
$2,769,300
$2.55M - $3.02M
$2,739/mo
Zestimate® history
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$12,587/mo
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Zillow last checked:
Listing updated:
Listed by:
Christina L Dwight 808-429-1098,
Commercial Inv. Strategies
Bought with:
NON MLS
Non-MLS
Source: HiCentral MLS,MLS#: 202501594
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated
Interior area
- Total structure area: 9,004
- Total interior livable area: 9,004 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Covered
Features
- Levels: Three Or More
- Has view: Yes
- View description: City
- Frontage type: Other
Lot
- Features: Cleared, Corner Lot, Level
- Topography: Level
Details
- Parcel number: 1260240630000
- Zoning description: X2 - Apartment Precinct
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Concrete
Condition
- Average Condition
- Year built: 1961
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None, Other, Storage Facilities
- Security: Lobby Secured
- Subdivision: Waikiki
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $2,187,800
- Annual tax amount: $7,203
- Date on market: 1/9/2025
- Total actual rent: 16175
- Tenant pays: Cable TV, Electricity, Parking Fee
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2025 | Sold | $2,821,500-2.7%$313/sqft |
Source:  HiCentral MLS #202501594 Report a problem | ||
| 3/15/2025 | Contingent | $2,900,000$322/sqft |
Source: HiCentral MLS #202501594 Report a problem | ||
| 2/8/2025 | Price change | $2,900,000-9.4%$322/sqft |
Source: HiCentral MLS #202501594 Report a problem | ||
| 1/9/2025 | Listed for sale | $3,200,000+350.7%$355/sqft |
Source: HiCentral MLS #202501594 Report a problem | ||
| 1/5/2016 | Listing removed | $1,250 |
Source: Fahrni Realty, Inc. Report a problem | ||
| 12/31/2015 | Listed for rent | $1,250 |
Source: Fahrni Realty, Inc. Report a problem | ||
| 4/19/2000 | Sold | $710,000+1163.3%$79/sqft |
Source: Public Record Report a problem | ||
| 2/2/1998 | Sold | $56,200$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,669 -31.6% | $2,191,200 +0.2% |
| 2024 | $11,219 +49.6% | $2,187,800 +2.1% |
| 2023 | $7,500 +3.7% | $2,142,900 +3.7% |
| 2022 | $7,232 -1.1% | $2,066,200 -1.1% |
| 2021 | $7,314 +0.9% | $2,089,700 +0.9% |
| 2020 | $7,252 +1% | $2,071,900 +1% |
| 2019 | $7,180 +2.3% | $2,051,300 +2.3% |
| 2018 | $7,020 +9.3% | $2,005,800 +9.3% |
| 2017 | $6,425 +5.2% | $1,835,700 +5.2% |
| 2016 | $6,109 -0.4% | $1,745,500 -0.4% |
| 2015 | $6,137 | $1,753,300 +2.7% |
| 2014 | -- | $1,706,800 |
Find assessor info on the county website
Neighborhood: Waikiki
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Nearby schools
GreatSchools rating
- 5/10President Thomas Jefferson Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 0.7 mi
- Hawaii
- Honolulu County
- Honolulu
- 96815
- Waikiki
- 250 Kapili St
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