$4,880,000
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287 Wai Nani Way Honolulu, HI 96815
Multi-Family
Residence
Beds
Baths
...
Bed/Bath
7,300
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Exceptional rental income and low operating costs make this a rare investment opportunity in Waikiki’s residential neighborhood. This turnkey 3-story walk-up comprises 13 units: nine 2BD/1BA plus four 1BD/1BA, each with a private lanai. Well-kept and low-maintenance, the property is positioned in on...e of Honolulu’s most reliable rental markets. Features include community coin-operated laundry, individual electrical metering for tenant-paid power. Parking is available with a three-car front carport, plus two tandem spaces in a secondary carport accessed via the driveway. Units have been updated upon turnover, ensuring the building remains in excellent condition with strong occupancy, consistent rental income, and long-term tenants. Set in the quieter, less trafficked section of Waikiki, residents enjoy walkable access to world-class beaches, dining, shopping, and recreation, as well as convenient transit connections. This combination of stable income, efficient operations, and an unbeatable location makes the property a standout investment in Honolulu’s steady multifamily market.
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MLS#
202519531
Property Type
Multi-Family
Year Built
1963
Square Feet
7,300
sq. ft
Lot Size
0.13
Sewer
Sewer Connected, Sewer Available
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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