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    2908 Varsity Cir Honolulu, HI 96826

    For Sale
    $2,600,000

    MULTI_FAMILY - Honolulu, HI

    Days on Market:
    25
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 2908 Varsity Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    1-2-8-025-015-0000
    Parking
    7
    Parking features
    Assigned

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    Building Details

    Year built
    1955
    Floors in Building
    2
    Number of units
    8
    Building materials
    Brick, Single Wall

    Five Star Realty Inc (808) 382-6871 [email protected]

    Listing agent Brian Chua (808) 382-6871 License #RB-21314

    Listing date Nov 11, 2025

    MLS# 202517940 Listing URL

    Copyright © 2025 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Honolulu Multifamily Investment Opportunity

    Located in Honolulu, this multifamily property at 2908 Varsity Circle features 8 units. Each unit has a separate electric meter, with 8 electric meters total for the property. There is one water meter for the entire property. The property generates a monthly rental income of $12,920. Recent upgrades include updated exterior meter box breaker panels. The property is located near the University of Hawai?i at Manoa, local restaurants, shopping, and major business institutions. It also offers easy access to the H-1 Freeway in both East and West directions. The lot size is 5001 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.817425
    Latitude
    21.291259

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    FAQs

    What type of property is this?
    Apartment building - Turn-key 8-unit property near University of Hawai'i at Manoa.
    Where is this apartment building located?
    The property is located at 2908 Varsity Cir Honolulu, HI.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Strong monthly rental income of $12,920 provides immediate cash flow.; - Prime location near the University of Hawai?i at Manoa, restaurants, shopping, and major business institutions.; - Turn-key 8-unit property with a stable tenant base.
    (808) 382-6871
    Request Owner's contact information
    2908 Varsity Cir Honolulu, HI 96826
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2908 Varsity Cir Honolulu, HI 96826
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