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Solar-Equipped Multifamily Investment
For Sale
$2,450,000
Pending

2138 Kanealii Avenue, Honolulu, HI 96813

Three dwellings totaling six updated 2-bedroom units with photovoltaic systems, separate metering, and individual laundry and parking features.

Property Size3,120 SF
Days on Market133

Property Features for 2138 Kanealii Avenue

General Information

Standard status Pending
Size 3,120 SF
Property subtype Multi-Family / Multi-Family
Zoning 07 - R-3.5 Residential District

Additional Details

Multifamily Units 6

Amenities

Partial
Dryer, Individual, Washer
Wood Shake
A/C
Single Wall, Wood Frame

Building Details

Year Built 2000
Listing Agency: Agora Hawaii
Listed By: Paul D Sebastian · License #RS-75423
Source: Compass
Added: Apr 29 Changed: Aug 8 Last Checked: Jul 24 at 3:01PM

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 Agora Hawaii

Investment Insights

Based on property information with market context.

This offering presents a multifamily property consisting of three dwellings with six total units. The mix includes six 2-bedroom, 1-bath units across separately addressed homes: 2138, 2138-A, 2138-B, 2138-C, 2138-D, and 2138-E Kanealii Ave. Units have been updated over time as tenants vacated, and each dwelling is equipped with photovoltaic (PV) systems.

The three dwellings are associated with separate TMKs: 1-2-2-11-15-1, 1-2-2-11-15-2, and 1-2-2-11-15-3. All units are separately metered and include individual laundry, hot water, and dedicated parking features designed to support day-to-day management.

Located in Pauoa Valley near downtown Honolulu, major hospitals, and universities, the property has a history of being consistently fully tenanted. An adjacent property at 2134 Kanealii Ave. is also available for purchase.

Key Highlights

  • Three dwellings with six updated 2‑bedroom, 1‑bath units in Pauoa Valley
  • Includes 3 TMKs: 1‑2‑2‑11‑15‑1, 1‑2‑2‑11‑15‑2, and 1‑2‑2‑11‑15‑3, with units addressed on Kanealii Ave.
  • Each unit has photovoltaic (PV) systems

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units

Location Intelligence

Demographics for 96813, HI

27,372
Population
13,511
Households
2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
7,603
Density / Sq Mi
$87,799
Median Household Income
$57,619
Median Earnings
$1,821
Median Rent
$804,100
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 - Three dwellings totaling six updated 2-bedroom units with photovoltaic systems, separate metering, and individual laundry and parking features.
Where is this apartment building located?
The property is located at 2138 Kanealii Avenue Honolulu, HI.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Three dwellings with six updated 2‑bedroom, 1‑bath units in Pauoa Valley; Includes 3 TMKs: 1‑2‑2‑11‑15‑1, 1‑2‑2‑11‑15‑2, and 1‑2‑2‑11‑15‑3, with units addressed on Kanealii Ave.; Each unit has photovoltaic (PV) systems
More about this property
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