Investment Opportunity! 15-unit apartment building in Dillingham. 3-story walk-up in the heart of Honolulu, just minutes away from Costco Iwilei, Home Depot, and bus lines. This hollow tile building features 15 identical one-bedroom units and 16 parking stalls. Interior units were remodeled in 2017, offering updated finishes and functional layouts. Each unit has its own electric meter and a washer on the lanai (tenant-owned), keeping maintenance simple and costs low. Convenient location, strong rental demand, and individual metering make this a solid investment for any portfolio- whether you're a local investor or seeking a 1031 exchange opportunity. Financials available upon request. All information subject to change. *some photos have been virtually decluttered*
Active
Price cut: $410K (4/23)
$3,790,000
954 Akepo Ln, Honolulu, HI 96817
--beds
0baths
--sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$3,788,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 54 |
- 1 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 07:48pm
Listed by:
Erik K Taniguchi 808-285-3422,
Keller Williams Honolulu,
Sophia Lee 808-358-8887,
Keller Williams Honolulu
Source: HiCentral MLS,MLS#: 202510598

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Cooling
- Central Air
Appliances
- Laundry: In Unit
Property
Parking
- Total spaces: 16
- Parking features: Assigned, Open
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Has view: Yes
- View description: City, Mountain(s)
- Frontage type: Other
Lot
- Features: Cleared, Level
- Topography: Level
Details
- Parcel number: 1150060180000
- Zoning description: 46 - IMX-1 Industrial-Commercia
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile
Condition
- Good Condition
- Year built: 1965
- Major remodel year: 2002
Utilities & green energy
- Sewer: Connected
- Utilities for property: Phone Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Subdivision: Dillingham
Location
- Region: Honolulu
Financial & listing details
- Tax assessed value: $3,105,600
- Annual tax amount: $10,869
- Date on market: 4/22/2025
- Total actual rent: 20900
- Loading
- Loading