Active

$3,495,000

2711 Waiaka Rd, Honolulu, HI 96826

--beds

0baths

4,968sqft

$20,115/mo

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Multi Family

Built in 1941

-- sqft lot

$3,332,100 Zestimate^®

$704/sqft

$-- HOA

What's special

This recently rehabbed 8-unit multifamily property in the heart of Moiliili offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. With 8 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Property is ready to be leased with projected monthly rents of $20,000 provides immediate returns with minimal near-term capital expenditures. *Seller is also selling adjacent 8-unit apartment building and both properties can be sold together, 829 Waiaka Place, MLS#202600664, TMK 1-2-7-27-51

172 days
116
4

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Cooling

Central Air

Appliances

Included: Dryer, Washer

Interior area

Total structure area: 4,968
Total interior livable area: 4,968 sqft

Property

Parking

Total spaces: 8
Parking features: Assigned

Features

Levels: Two
Stories: 2
Has view: Yes
View description: City
Frontage type: Other

Lot

Features: Cleared, Cul-De-Sac, Level
Topography: Level

Details

Parcel number: 1270270210000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Hollow Tile, Masonry, Concrete, Stucco

Condition

Excellent
Year built: 1941
Major remodel year: 2025

Utilities & green energy

Sewer: Connected
Water: Public
Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected

Community & HOA

Community

Features: None
Subdivision: Moiliili

Location

Region: Honolulu

Financial & listing details

Price per square foot: $704/sqft
Tax assessed value: $1,990,900
Annual tax amount: $6,968
Date on market: 1/9/2026
Total actual rent: 20000
Tenant pays: Electricity, Other, Parking Fee, Water

Estimated market value

$3,332,100

$3.17M - $3.50M

Not available

Price history

Date	Event	Price
8/20/2026	Listed for sale	$3,495,000-12.6%$704/sqft
Source: HiCentral MLS #202600662 Report a problem
4/30/2026	Listing removed	$4,000,000$805/sqft
Source: HiCentral MLS #202600662 Report a problem
4/10/2026	Price change	$4,000,000-3.6%$805/sqft
Source: HiCentral MLS #202600662 Report a problem
2/26/2026	Price change	$4,150,000-2.4%$835/sqft
Source: HiCentral MLS #202600662 Report a problem
1/13/2026	Listed for sale	$4,250,000-2.3%$855/sqft
Source: HiCentral MLS #202600662 Report a problem
11/14/2025	Listing removed	$4,350,000$876/sqft
Source: HiCentral MLS #202521973 Report a problem
10/7/2025	Listed for sale	$4,350,000+123.1%$876/sqft
Source: HiCentral MLS #202521973 Report a problem
4/27/2023	Contingent	$1,950,000$393/sqft
Source: HiCentral MLS #202303897 Report a problem
4/27/2023	Listed for sale	$1,950,000$393/sqft
Source: HiCentral MLS #202303897 Report a problem
4/13/2023	Contingent	$1,950,000$393/sqft
Source: HiCentral MLS #202303897 Report a problem
3/31/2023	Listed for sale	$1,950,000$393/sqft
Source: HiCentral MLS #202303897 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$6,968	$1,990,900 +0.4%
2025	--	$1,983,700 0%
2024	--	$1,983,800 +6.2%
2023	$6,541	$1,868,800 +4.6%
2022	--	$1,786,100 +3.8%
2021	--	$1,721,500 -11.4%
2020	--	$1,943,800 +7.9%
2019	$11,659 +117.7%	$1,801,100 +17.7%
2018	$5,355 +3.9%	$1,529,900 +3.9%
2017	$5,153 -2.7%	$1,472,400 -2.7%
2016	$5,298 +13.9%	$1,513,800 +13.9%
2015	$4,653	$1,329,300 +3.3%
2014	--	$1,287,100