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303 Wai Nani Way, Honolulu, HI, 96815
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303 Wai Nani Way, Honolulu, HI 96815

$3,350,000  $150,000 Multi-Family Home for sale 2,988 sqft Neighborhood:  Waikiki
3 min walk to Ala Wai Golf Course
7 min walk to Waikiki Beach
8 min walk to Ala Wai Golf Course
8 min walk to The Wall
7 min walk to Graveyards
About lifestyles
Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
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Multi-family details

1939 year built
  • Year Built 1939
  • Year Remodeled 2015
  • Original list price $3,500,000
  • Days on market 160
  • Building type Fourplex,Multi Dwellings
  • Price per sqft $1,121/sqft
  • Address

    303 Wai Nani Way, Honolulu, HI, 96815

  • Frontage Other
  • Neighborhood Waikiki
  • Land tenure FS - Fee Simple
  • Land SqFt 7,103 sqft
  • View None
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$17,081
Taxes
$548
HOA dues
$0
$17,629 per month
Mortgage
Down payment
$670,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $17,081 / month

Neighborhood: Waikiki

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
13.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

4 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
4
Total Units
4

Amenities & Features

6 parking places
Stories
One
Furnished
None
Roof
Asphalt Shingle
Construction
Above Ground, Single Wall, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
Property Condition
Average
Parking
Assigned, Covered, Open, Tandem
nr.of parking places
6
Amenities
None

Income

Net Operating Income: $110,659
Total Actual Rent
$10,675
Total Annual Operating Expenses
$17,441
Total Income
$128,100
Net Operating Income
$110,659

Waikiki prices

No information about average prices in this area
-

About Waikiki

Waikiki Condos & neighborhood info When it comes to finding a home in a lively, picturesque setting, it's hard to beat the allure of Waikiki condos. Situated along the stunning shores of Oahu, Waikiki is a bustling neighborhood in Honolulu that boasts Read more

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
Elementary School
0.098mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
Middle School
0.187mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
High School
0.241mi
School rating Distance
7
out of 10
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
0.098mi
NR
Jefferson School Orthopedic Unit
324 Kapahulu Ave, Honolulu, HI 96815
0.153mi
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.187mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.241mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.752mi
School rating Distance
7
out of 10
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
0.187mi
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.241mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.752mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.949mi
NR
St Patrick School
3320 Harding Avenue, Honolulu, HI 96816
1.065mi
School rating Distance
NR
Hawaii School For The Deaf And Blind
3440 Leahi Ave, Honolulu, HI 96815
0.241mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.752mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.83mi
NR
La Pietra Hawaii School For Girls
2933 Poni Moi Road, Honolulu, HI 96815
0.949mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.113mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Feb 4, 2024
Date Event Price $/sqft Source
Feb 4, 2024 Price Decrease $3,350,000 -4.29% $1,121.15 MLS #202324062
Oct 20, 2023 New Listing $3,500,000 -2.23% $1,171.35 MLS #202324062
Oct 19, 2023 Expired $3,580,000 $1,198.13 MLS #202217121
Oct 19, 2022 New Listing $3,580,000 +138.67% $1,198.13 MLS #202217121
Jan 23, 2015 Sold $1,500,000 -14.29% from last sold price $502.01 Public Record
Nov 19, 2014 Active Under Contract $1,750,000 $585.68 MLS #201417794
Sep 9, 2014 New Listing $1,750,000 $585.68 MLS #201417794
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Tax & MLS details 303 Wai Nani Way, Honolulu, HI, 96815

X2 - Apartment Precinct zoning / MLS #202324062
Current Property Taxes p/month
$548
Property Tax Year
2023
Assessed Improvement value
$219,700
Assessed Land value
$1,662,100
TMK
1-2-6-028-044-0000
Land Recorded
Regular System
Zoning
X2 - Apartment Precinct
Flood Zone
Zone X
Topography
Level
Location
Other
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$1,881,800
Listed by
Gloria Chi Realty Inc.
(808) 941-9999
MLS #
202324062
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

Similar homes nearby 303 Wai Nani Way in Waikiki

Recently sold nearby 303 Wai Nani Way in Waikiki

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Frequently asked questions for 303 Wai Nani Way

When was this multi-family home built and last sold?

This house was build in 1939.

What is the full address of this multi-family home?

303 Wai Nani Way, Honolulu, HI, 96815.

Are there beaches near 303 Wai Nani Way?

The nearest beach is 0.324 miles away, called Waikiki Beach. It should take about 7 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Gloria Chi Realty Inc.. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 04, 2024.
Hawaii House Last checked 5 minutes ago.

Multi-Family Home for sale $3,350,000  $150,000 303 Wai Nani Way, Honolulu, HI, 96815 2,988 sqft Save House Remove from Saved