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Ten-Unit Multifamily Building
For Sale
$2,900,000

2105 Algaroba Street, Honolulu, HI 96826

Ten 1BD/1BA units are currently rented, with private rear patios and separate electric and gas metering.

Property Size4,080 SF
Price / SF$710.78
Days on Market139

Property Features for 2105 Algaroba Street

General Information

Standard status Active
Size 4,080 SF
Total Parking Spaces 10
Property subtype Multi-Family / Multi-Family
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 10

Amenities

private rear patio
in-unit washing machine
separately metered electric and gas
recently painted exterior
freeway access

Building Details

Year Built 1958
Construction CMU lower level and wood-frame upper-level construction
Tenancy Multi
Listing Agency: Forward Realty
Listed By: Trevor W Benn · License #RB-18240
Source: Compass
Added: Mar 20 Changed: Jul 23 Last Checked: Jul 24 at 1:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forward Realty

Investment Insights

Based on property information with market context.

This well-located 10-unit multifamily property features all 1 bedroom, 1 bathroom units, each with a private rear patio and in-unit washing machine. Two units have recently been improved, and the remaining units may offer further opportunities through renovation and repositioning.

The building is separately metered for electric and gas. The exterior was recently painted, with a CMU lower level and wood-frame upper-level construction. Parking is provided at a 1:1 ratio for the units.

The property is centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access.

Key Highlights

  • 10‑unit multifamily property with all units configured as 1BD/1BA
  • All units are currently rented for in‑place income
  • Each unit includes a private rear patio and individual laundry facilities

Property Analytics

Current Use

Apartment buildings

Lease Details

10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Demographics for 96826, HI

30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten 1BD/1BA units are currently rented, with private rear patios and separate electric and gas metering.
Where is this apartment building located?
The property is located at 2105 Algaroba Street Honolulu, HI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10‑unit multifamily property with all units configured as 1BD/1BA; All units are currently rented for in‑place income; Each unit includes a private rear patio and individual laundry facilities
More about this property
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