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1128 Alohi Way, Honolulu, HI, 96814

9beds
6baths
3,032sqft
$2,042,250
$674price/sqft
$12,246/moest. monthly cost
$489,840/yrincome needed

About This Home

Rare Kakaako Multi-Dwelling Opportunity – Three Spacious Living Areas in Honolulu’s Urban Core. Located within the Kakaako Community Development District, this exceptional property offers a rare combination of space, flexibility, and long-term potential in one of Honolulu’s most rapidly evolving neighborhoods. Set on approximately 6,000 sq. ft. of level land, the property features three distinct living areas, ideal for multi-generational living, rental income, or a strategic investment: Upstairs: 3-bedroom, 2-bath (~1,241 sq. ft.) Downstairs: 3-bedroom, 2-bath (~1,201 sq. ft.). Attached ADU (built 1997): 3-bedroom, 2-bath (~1,128 sq. ft.) With a total of 9 bedrooms and 6 bathrooms, the possibilities are expansive—live in one, rent the others, or accommodate extended family with ease. A standout feature is the expansive 6-car tandem carport plus additional driveway and street parking, accommodating residents and guests with ease—an uncommon advantage in this urban location.

Getting Around

98
WalkingWalker's Paradise
76
TransitExcellent Transit
91
BikeBiker's Paradise

Construction

Condition

  • Property condition: Average Condition
  • Year built: 1950

Materials

  • Construction materials: Double Wall,Masonry,Stucco,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Other,Vinyl

Interior Area

  • Total structure area: 3,032
  • Total interior livable area: 3,032 sqft

Property

Details

  • Parcel number: 1230110070000
  • Zoning description: Kak – Kakaako Community Development Project
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Has view: Yes
  • View description: None
  • Topography of land: Level

Lot

  • Features: Cleared,Interior Lot,Level

Parking

  • Total spaces: 6
  • Parking features: Driveway,Garage,On Street
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Lightning
Earthquake
Inland Flooding

FEMA Declared Disasters Across Hawaii Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,326$123,912
Home Insurance *$349$4,188
Property Taxes $595$7,140
Electricity $976$11,716
Total$12,246$146,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$419,862/yr
40% on housing$367,380/yr
45% on housing$326,560/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$674This listing

vs Other Active Listings

Avg $/sqft

ZIP 96814$796
Honolulu County$747

vs Homes Sold Last Month

Median $/sqft

ZIP 96814$565
Honolulu County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$2,042,250

For Sale by Agent

AgentThomas S Kiyabu
BrokerageColdwell Banker Island Prop

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