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1223 Liholiho St
Honolulu, HI 96822
1223 Wilder Avenue · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Turn-Key investment opportunity with strong yield 4.6% cap rate
  • Excellent location in the heart of desirable Makiki neighborhood
  • Recently renovated including - flooring, paint (interior/exterior), new kitchens & bathrooms, appliances, and fixtures

Executive Summary

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/1ba) units, along with a 4bd/2ba single family house. All units are separately metered for electricity. The large house allows an owner the potential 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 4.6% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.

Property Facts

Price Per Unit $466,667
Sale Type Investment
Cap Rate 4.60%
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.13 AC
Building Size 3,147 SF
No. Stories 2
Year Built/Renovated 1920/2025
Parking Ratio 0.83/1,000 SF
Zoning A-2 - Medium Density Apartment

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Kitchen
  • Tub/Shower
  • Den
  • Vinyl Flooring

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+1 2 - -
4+2 1 - -

Property Taxes

Property Taxes

Parcel Number
1-2-4-020-035-0000
Land Assessment
$1,413,300
Improvements Assessment
$162,700
Total Assessment
$1,576,000
  • Listing ID: 36942946

  • Date on Market: 7/27/2025

  • Last Updated:

  • Address: 1223 Liholiho St, Honolulu, HI 96822

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