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Triplex with Flexible Unit Mix
For Sale
$2,500,000

5864 Kalanianaole Hwy #B, Honolulu, HI 96821

Three separate residences include a three-bedroom home, one-bedroom unit, and studio with dedicated entrances.

Property Size3,102 SF
Price / SF$805.93
Days on Market89

Property Features for 5864 Kalanianaole Hwy #B

General Information

Standard status Active
Size 3,102 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 3BR/3BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units 3

Amenities

washer-dryers
solar water heater
split system AC
covered parking

Building Details

Year Built 1988
Listing Agency: Five Star Realty, Inc.
Listed By: Jordan T. Kam
Source: Hawaiihomes
Added: Jul 20 Changed: Oct 15 Last Checked: Oct 16 at 8:10AM

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 Five Star Realty, Inc.

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Investment Insights

Based on property information with market context.

This 3,102-square-foot triplex, built in 1988, is arranged as three separate residences: a three-bedroom, three-bath home, a one-bedroom, one-bath unit, and a studio. Luxury vinyl plank flooring provides a consistent, low-maintenance interior finish. Multiple washer-dryer sets and separate entrances support the individual living areas, while the electrical system can be sub-metered. A solar water heater adds to the property’s utility features.

Cooling is provided by newly installed Mitsubishi split-system AC units, with tradewind breezes offering an additional source of airflow on cooler days. Covered parking is available, and the property is located near the ocean in East Honolulu at 5864 Kalanianaole Hwy #B.

Key Highlights

  • 3,102‑square‑foot triplex built in 1988
  • Unit mix includes 3‑bedroom/3‑bath, 1‑bedroom/1‑bath, and studio residences
  • Separate entrances and multiple washer‑dryer sets

Property Analytics

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Current Use

Triplexes

Lease Details

3
Residential units

Location Intelligence

Demographics for 96821, HI

19,727
Population
7,462
Households
2.6
Avg Household Size
52
Median Age
63%
College-Educated
98%
High-School Grad
11.6 sq mi
ZIP Area
1,701
Density / Sq Mi
$174,152
Median Household Income
$71,341
Median Earnings
$2,946
Median Rent
$1,457,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences include a three-bedroom home, one-bedroom unit, and studio with dedicated entrances.
Where is this triplex located?
The property is located at 5864 Kalanianaole Hwy #B Honolulu, HI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 3,102‑square‑foot triplex built in 1988; Unit mix includes 3‑bedroom/3‑bath, 1‑bedroom/1‑bath, and studio residences; Separate entrances and multiple washer‑dryer sets
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