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287 Wai Nani Way, Honolulu, HI, 96815
Multi-dwelling in Waikiki
$5,150,000Est. $28,103/mo
  • Active Actively looking for buyers.
  • Fee SimpleYou own the property outright.
  • 329 daysListed 10/25. Last updated 03/18.
  • Built in 1963Built 61 years ago.
Shay Kusumoto

Shayna Kusumoto

Compass | RS-85783
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What this multi-dwelling offers

Trophy Property located on a non-through street blocks from famous Waikiki Beach, this beautiful building is a quiet neighborhood oasis. All units have nice lanai/balcony space for tradewind breezes and lots of natural light. New paint and brand new roof with warranty means excellent income and fantastic return! All units have been renovated, and all parking is covered. 100% occupied at market rents, so easy to 'plug and play' with your own management team. Tenants pay separately metered electricity, AND water, so your monthly expenses are WAY lower than normal. Nice, covered laundry area w machines leased by WASH; agreement expires 6/2024.

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Where you'll live

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287 Wai Nani Way, Honolulu, HI, 96815 is located in Waikiki on Oahu.

More about this multi-dwelling

  • Tax ID 1-2-6-028-043-0000
  • Taxes$693/mo
  • HOA Fee: n/a
  • Property Type Multi-dwelling
  • Tenure Fee Simple
  • Construction Hollow Tile
  • Roof Custom/Specialty
  • Year Built 1963
  • Lot Size 5,760 sqft
  • Views City
  • Parking Assigned
About WaikikiOpen and close this section

On the south shore of Honolulu lies the iconic neighborhood of Waikiki. Waikiki is filled with hotels, condos, and condo hotels. It's one of the only locations on Oahu that short-term vacation rentals can legally be operated. The majority of people staying in Waikiki are visitors, but for those who live there, 63% rent and 37% own. View all homes for sale in Waikiki.

Listing courtesy of Christina L Dwight from Commercial Inv. Strategies, MLS #202324400. Contact: (808) 429-1098.

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The most recently sold Multi-Family Homes with bedroom(s) nearest to 287 Wai Nani Way and sorted by date, then price.

Date Sold Address Sold Price DOM Lot SQFT
06/01/2023 287 Wai Nani Way $4,500,000 140 5,760
10/27/2023 3316 Campbell Avenue $2,400,000 49 6,914
06/25/2024 821 Olokele Avenue $1,825,000 246 6,000
05/30/2024 2620 Date Street $3,962,500 84 7,736
07/07/2023 448 Kaiolu Street $3,205,000 70 6,241
04/30/2024 736 Mahiai Street $1,175,000 71 6,708
03/25/2024 2842 Kaimuki Avenue $2,300,000 322 5,524
06/30/2023 509 Lauiki Street $1,875,000 91 7,199
03/12/2024 2824 Kihei Place $1,900,000 28 5,653
09/18/2023 2710 Kaaha Street $1,675,000 170 5,000
07/11/2023 1126 3Rd Avenue $2,425,000 117 15,000
07/29/2024 830 University Avenue $2,070,000 164 5,136