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$2,050,000

2032 Kapiolani Blvd Honolulu, HI 96826

Multi-Family

Property details

About 2032 Kapiolani Blvd

This eight-unit, two-story walk-up apartment building is ideally located near Kapiolani Blvd and McCully St, offering convenient access to Waikiki, the Kapiolani corridor, public transportation, shopping, and more. Five of the units have been remodeled within the past year, while the remaining three have received partial upgrades. Significant improvements include copper plumbing conversions, ABS drain line upgrades on the second floor, and a silicone-coated roof completed last year. Additionally, each unit is individually metered for electricity, keeping utility costs low. The building is fully occupied, with all leases on a month-to-month basis. Previously, due to maintenance and probate issues, full occupancy was not maintained, but all concerns have been addressed. Since rental income was lower in previous years and full occupancy has only been achieved recently, I have prepared a pro forma analysis outlining projected income, expenses, and net income. This property is a steady income earner with low maintenance and operational costs, is easy to rent, and does not require an on-site manager.

Highlights

Home typeMulti Family
StatusActive
Year built1957
ParkingAssigned
MLS #202506283
WaterfrontOther

Summary

  • Parking: Assigned
  • Waterfront: Other
  • List Price: $2,050,000
  • Annual Tax Amount: $4,939
  • Tax Year: 2024
  • Lot: Cleared, Other, Level
  • Year Built: 1957
  • Stories: 2
  • MLS Number: 202506283
  • MLS Name: HICMLS
  • Office Name: Neal Fineman Property Mgmt
  • Office Phone: (808) 753-3399
  • Agent Phone: (808) 753-3399
  • Agent Email: neal@nfpmteam.com

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.

Some of the 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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 12:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,456,900$4,939
2022$1,304,100$4,564
2021$1,306,500$4,572
2020$1,312,800$4,594

History based on county public records data.

Nearby schools

4

King William Lunalilo Elementary School

Public District PK-5

0.2 mi

810 Pumehana St

3

Ala Wai Elementary School

Public District PK-5

0.4 mi

503 Kamoku St

4

Prince Jonah Kuhio Elementary School

Public District PK-5

0.8 mi

2759 S King St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,314. Residents of Honolulu, HI typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

49%
<35k
45%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
10%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
43%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums
  • TennisTennis

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • JazzJazz
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2032 Kapiolani Blvd

The listing price of 2032 Kapiolani Blvd property is $2,050,000.

The property 2032 Kapiolani Blvd is a multi located in Honolulu, Hawaii, 96826.

Active Listing: 2032 Kapiolani Blvd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2032 Kapiolani Blvd are: King William Lunalilo Elementary School (GreatSchools Rating 4/10), Ala Wai Elementary School (GreatSchools Rating 3/10), Prince Jonah Kuhio Elementary School (GreatSchools Rating 4/10), President George Washington Middle School (GreatSchools Rating 8/10), Voyager - a Public Charter School (GreatSchools Rating 8/10), Robert Louis Stevenson Middle School (GreatSchools Rating 6/10), University Laboratory School (GreatSchools Rating 6/10), Kaimuki High School (GreatSchools Rating 3/10), President William Mckinley High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $4,939 (source: MLS/based on county public records data).

The year of construction for 2032 Kapiolani Blvd is 1957.

This home is located at 2032 Kapiolani Blvd in Honolulu, HI and zip code 96826 in the McCully / Moiliili neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $2,050,000.

Honolulu, HI housing market in June 2025 saw over 41 listings sold above listed price, more than 56 sold at listed price and over 169 sold below. The inventory of homes for sale in Honolulu, HI between May and June 2025 increased by 11.1%. Listings spent 66 days on the market in June 2025, and had a median list price of $713,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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