$2,900,000

2105 Algaroba Street, Honolulu, HI 96826

4,080 sqft

Commercial Property
Built in 1958
6,970sqft lot
—— car garage
$711/sqft
Listed 14 days ago

Property Description

Well-located 10-unit multifamily property in the heart of Moiliili. All units are 1BD/1BA and currently rented, providing immediate in-place income. Two units have been recently improved, with additional upside potential through renovation and repositioning of remaining units. Each unit features a private rear patio with a washing machine, and the property offers a 1:1 parking ratio. Separately metered electric and gas enhance operational efficiency. Recently painted exterior with CMU lower level and wood-frame upper-level construction. Centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access. Excellent opportunity in a supply-constrained rental market!

Listing Status:: Active
Date Added:: March 20, 2026
Data Last Updated:: April 3, 2026 at 5:21AM
Listing Office:: Forward Realty : (808) 548-2366
MLS ID:: 202605451

Flooring: Other
A/C: Other

Parking: On SiteParking spaces: 10

General: BlockConcreteWood Frame2

Road/Access: Other
Originating MLS: HICMLS
County: Oahu

Zoning: 1-2-7-007-026-0000

Utilities: Electricity AvailableNatural Gas AvailableSewer Connected
Sewer: Connected

Source: HICMLS

This listing courtesy of Forward Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

King William C. Lunalilo Elementary School

810 Pumehana St, Honolulu, HI, 96826

Grades KG-5

0.25 miles away

President George Washington Middle School

1633 S King St, Honolulu, HI, 96826

Grades 6-8

0.46 miles away

Kaimuki High School

2705 Kaimuki Ave, Honolulu, HI, 96816

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.