1128 Alohi Way, Honolulu, HI

$2,042,250

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0.14

Acres

About 1128 Alohi Way

Rare Kakaako multi-dwelling investment opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features 3 separate living areas with approximately 9 bedrooms and 6 bathrooms total, offering multiple income streams and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment strategy. This 3-unit property includes an upstairs 3-bedroom, 2-bath residence (~1,241 sq. ft.), a downstairs 3-bedroom, 2-bath residence (~1,201 sq. ft.), and an attached 3-bedroom, 2-bath ADU built in 1997 (~1,128 sq. ft.); a 6-car tandem carport, plus additional driveway and street parking. Located near Kakaako, Ward Village, Ala Moana Center, Kaiser Permanente, beaches, dining, shopping, medical facilities, schools, and freeway access, this property benefits from strong rental demand in one of Honolulu's most sought-after urban neighborhoods. Potential opportunity to combine with the neighboring duplex on an additional 6,000 sq. ft. lot, creating approximately 12,000 sq. ft. of contiguous land with future redevelopment potential (Buyer to verify all development possibilities).

Features of 1128 Alohi Way

MLS® # 202609955
Price $2,042,250
Bathrooms 0.00
Acres 0.14
Year Built 1950
Type Residential
Sub-Type Multi Family
Status Active Under Contract

Community Information

Address 1128 Alohi Way
Area Metro
Subdivision KAKAAKO
City Honolulu
County Oahu
State HI
Zip Code 96814

Amenities

Utilities Above Ground Utilities, Electricity Available, Water Available, Sewer Connected
Features Cleared, Interior Lot, Level
Parking Spaces 6
Parking Open, Unassigned
Garages Open, Unassigned
View None
Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Stories 2
Has Basement No

Exterior

Exterior Double Wall, Masonry, Stucco, Wood Frame
Lot Description Cleared, Interior Lot, Level
Construction Double Wall, Masonry, Stucco, Wood Frame

Additional Information

Date Listed May 20th, 2026
Days on Market 115
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Island Prop

Listing Map

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