Search
Hollow-Tile Apartment Building
For Sale
$4,900,000

254 Kaiulani Avenue, Honolulu, HI 96815

MULTI_FAMILY - Honolulu, HI

Property SizeContact for details
Days on Market163

Property Features for 254 Kaiulani Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description X2 - Apartment Precinct
Parking 4
Parking features Assigned, Covered, Open
Subdivision WAIKIKI
Lot features Level
Elementary school Jefferson
Middle school Washington
High school Kaimuki
Standard status Active
APN 1-2-6-021-014-0000

Taxes and HOA fees

Tax Annual Amount 10608

Utilities

Utilities Cable Available
Water source Public

Amenities

covered parking
private lanais or patios
coin-operated laundry

Building Details

Year built 1960
Floors in Building 3
Number of units 15
Building materials Hollow Tile, Concrete
Listing Agency: Locations LLC
Listed By: Cannie Chum · License #RB-22002
Added: Mar 2 Changed: Aug 1 Last Checked: Aug 12 at 11:06AM
MLS# 202603620

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This hollow-tile apartment building, constructed in 1960, offers a mix of one penthouse unit and fourteen additional 1-bedroom residences. The penthouse is a 3-bedroom, 2-bath layout, and all residences feature private lanais or patios. Building finishes include a classic tiled exterior, durable tile flooring, updated kitchens, modernized bathrooms, and newly refurbished railings.

Parking is available with assigned spaces and covered and open options. Each unit has individually metered electricity and a shared water meter, supporting straightforward utility management. Additional revenue is generated through leased coin-operated laundry machines and parking income.

In 2025, the property underwent a plumbing inspection and repair process.

Key Highlights

  • One 3‑bedroom, 2‑bath penthouse plus fourteen 1‑bedroom units
  • Hollow‑tile construction with classic tiled exterior
  • Individually metered electricity; shared water meter

Property Analytics

Current Use

Apartment buildings

Lease Details

15
Residential units
Yes
Utilities to site

Location Intelligence

Demographics for 96815, HI

28,786
Population
22,804
Households
1.3
Avg Household Size
48
Median Age
47%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
13,085
Density / Sq Mi
$75,020
Median Household Income
$55,543
Median Earnings
$1,903
Median Rent
$627,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Hollow-tile apartment building with covered parking, private lanais or patios, and individually metered electricity for each unit.
Where is this apartment building located?
The property is located at 254 Kaiulani Avenue Honolulu, HI.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: One 3‑bedroom, 2‑bath penthouse plus fourteen 1‑bedroom units; Hollow‑tile construction with classic tiled exterior; Individually metered electricity; shared water meter
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message