Rare opportunity for an owner-user or investor to have multiple revenue streams with both commercial and residential applications! Prime location, including the former Venus Building, that encompasses 7,457 square feet of land and features an 892 square foot retail space and a residential home used as a 4-unit rental apartment. Property is strategically located along bustling Waialae Avenue, granting maximum exposure and accessibility. Property also includes a 2,112 square foot residential structure housing multiple units: one 3-bedroom/1-bath, two 1-bedroom/1-bath, and one studio/1-bath. This combination of residential and commercial units presents an attractive investment opportunity for buyers looking to capitalize on the growing demand for mixed-use properties in the area. As part of the Kaimuki/Palolo/Waialae neighborhood, 3208 Waialae Avenue also benefits from a vibrant community atmosphere and close proximity to many schools, the University of Hawaii at Manoa, St. Louis and Chaminade, phenomenal local eateries, shops and businesses. Sold in its WHERE IS and AS IS conditions.
Closed
$1,900,000
3208 Waialae Ave, Honolulu, HI 96816
4beds
2,112sqft
Single Family Residence
Built in 1942
-- sqft lot
$1,899,900 Zestimate®
$900/sqft
$6,072 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 12:40pm
Listed by:
Mark D Bratton 808-523-9708,
Bratton Realty Advisors Ltd
Bought with:
Akimi Sue Mallin, RB-17936
List Sotheby's Int'l Realty
Source: HiCentral MLS,MLS#: 202508053

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
Interior area
- Total structure area: 2,112
- Total interior livable area: 2,112 sqft
Property
Parking
- Total spaces: 3
- Parking features: One Car Garage, One Space
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Features: Cleared, Irregular Lot, Other
- Topography: Sloping
Details
- Parcel number: 1330020280000
- Zoning description: 32 - B-2 Community Business Dis
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multiplex
- Property subtype: Single Family Residence
Materials
- Wood Frame
Condition
- Average Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Honolulu
- Subdivision: Palolo
HOA & financial
HOA
- Services included: None
Services availability

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$1,899,900
2% more+ $37,998
With Zillow Showcase(estimated)
$1,937,898