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.
Active
$2,800,000
1223 Wilder Ave, Honolulu, HI 96822
--beds
0baths
3,147sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$890/sqft
$-- HOA
What's special
- 10 days
- on Zillow |
- 96 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 04:44pm
Listed by:
Kynan Pang 808-225-8776,
Excel Commercial Realty LLC
Source: HiCentral MLS,MLS#: 202516779

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
Interior area
- Total structure area: 3,147
- Total interior livable area: 3,147 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
- Frontage type: Other
Lot
- Features: Corner Lot, Other, Level
- Topography: Level
Details
- Parcel number: 1240200350000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Single Wall, Wood Frame
Condition
- Excellent
- Year built: 1920
- Major remodel year: 2025
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, High Speed Internet Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Makiki Area
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $890/sqft
- Tax assessed value: $1,576,000
- Annual tax amount: $5,516
- Date on market: 7/24/2025
- Total actual rent: 13800
- Tenant pays: Air Conditioning, Electricity, Gas
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