Address
1223 Wilder Avenue, Honolulu, HI
Price
$ 2,700,000
Property Attributes
  • MLS#202610588
  • TypeSingle Family
  • Listing Status Active
  • CountyHONOLULU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodMAKIKI AREA
  • Zip96822
  • Style
  • Year Built1954
  • Taxes$ 5516
  • Price$ 2,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3147
Data Source:
HiCentral MLS (HICMLS)
Property Description

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.

Elementary School Middle School High School
Lincoln Elementary School Stevenson Middle School Roosevelt High School
Price History
6/1/2026 Listed $2,700,000

General Features

Cooling CentralAir
Utilities AboveGroundUtilities,CableAvailable,ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable,SewerConnected
Appliances Dryer,Washer
Tenant Pays AirConditioning,CableTv,Electricity,Gas,ParkingFee
View None
Stories Count 2
Levels Two
Property Subtype MultiFamily
Community Features None
County Oahu
Property Type Residential
Subdivision Name MAKIKI AREA
Status Active
ModificationTimestamp 2026-07-20T21:42:39.230-00:00
City Honolulu
MLS Area Metro
Property Condition Excellent
Standard Status Active
Tax Assessed Value 1674400
PostalCity Honolulu
Year Built 1954
Year Built Effective 2025
High School Roosevelt
Disclosures Exchange1031,CallAgent,PrincipalIsRealEstateLicensed
Elementary School Lincoln
Zoning Description 12 - A-2 Medium Density Apartme
Middle/Junior High School Stevenson
Structure Type Apartment,MultiFamily
Sewer Connected
Construction Materials Masonry,SingleWall,Stucco,WoodFrame
Land Tenure FeeSimple
Island Oahu
Number Of Units Total 6
Tax Annual Amount 5516.04
Topography Level
Net Operating Income 129392
Operating Expense 38008
Total Actual Rent 13550

Interior Features

Air Conditioning Y/N true

Exterior Features

Parking Features Open
Lot Features CornerLot,Other,Level
Total Parking 6
Lot Size Area 5723
Building Area Total 3147
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 96822

Price
AVG $2.31M
$2.7M
Taxes
AVG $6,796
$5,516
Year Built
AVG 1953
1954

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