2908 Varsity Cir
Description
- Listed by Brian Chua • License #RB-21314 • Five Star Realty, Inc. • (808) 382-6871
Property Details for 2908 Varsity Circle
Property Details for 2908 Varsity Circle
| Status | Active |
|---|---|
| MLS # | 202517940 |
| Days on Market | 193 |
| Taxes | $539 / month |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Multi-Family |
| Year Built | 1955 |
| Lot Size | 0.11 AC / 5,001 SF |
| County | Honolulu County |
Location
Building Information for 2908 Varsity Circle
Payment Calculator
$12,626 per month
30 year fixed, 6.15% Interest
$12,087
$539
$0
Property Information for 2908 Varsity Circle
- Topography: Level
- City: Honolulu
- County Or Parish: Oahu
- State Or Province: HI
- Location: Inside
- Tax Amount: $538.92
- Tax Assessed Value: $1,847,600.00
- Tax Assessed Value Improvements: $472,500.00
- Tax Assessed Value Land: $1,375,100.00
- Tax Year: 2025
- Parcel Number: 1-2-8-025-015-0000
- HOA YN: No
- Parking Features: Assigned
- Parking Total: 7
- Other Parking Features: None
- Property Frontage: Other
- Property Sub Type: Multi-Family
- Property Type: Multi-Family
- SQFT Building: 4068.0
- Sqft Total: 4068.0
- Land Recorded: Land Court
- Lot Features: Clear
- Lot Size Area: 5001.0
- Year Built: 1955
- Year Remodeled: 1990
- Building Type: Apartments
- Documents: Lease Documents, Survey
- Photo Count: 11
- Property Condition: Above Average
- Special Listing Conditions: None
- Disclosures: Licensed Owner
- Foreclosure: No
- Set Backs: C&C
- Supplement Count: 0
- TMK Area: 128
- TMK Condo Property Regime Number: 0
- TMK Division: 1
- TMK Parcel: 15
- TMKPLAT: 25
- TMK Section: 8
- TMK Zone: 2
- Utilities: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
- Sewer: Connected
- Utilities Meters: Electric, Water
- Amenities: None
- Construction Materials: Brick, Single Wall
- Easements: None
- Recreation Facilities: None
- Roof: Asphalt Shingle
- Furnished: Partial
- Laundry Facilities: Individual
- Studio Units Number Of: 1
- Unit One Number Of Bed: 6
- Unit Three Number Of Bed: 0
- Unit Two Number Of Bed: 1
- Number Of Units Total: 8
- Total Annual Operating Expenses: $24,864.00
- Total Income: $155,040.00
- Expenses Include: Mgmt Fee, Property Tax, Sewer Fee
- Net Operating Income: $130,176.00
- Other Income: $.00
- Active Open House Count: 0
- DOM: 124
- Immoviewer: No
- Listing Service: Full Service
- Management Company Name: Top Property Management LLC
- Management Company Phone: 808-888-0894
- MLS: HI Central
- MLS Area Major: Metro
- Open House Count: 1
- Status: Active
- Public Remarks: Investor Alert – Turn-Key 8-Unit Property! 2908 Varsity Circle is a well-maintained multifamily property featuring 8 units, each with separate electric meters (8 total) and one water meter, streamlining utility management. The property brings in a strong monthly rental income of $12,920, offering immediate cash flow. Recent upgrades include updated exterior meter box breaker panels, improving safety and reducing long-term maintenance costs. Ideally located near the University of Hawai?i at Manoa, popular local restaurants, shopping, and major business institutions, this property also offers easy access to the H-1 Freeway in both East and West directions—making commuting simple for tenants. With a stable tenant base and desirable central location, this is a rare opportunity to own a high-performing, income-producing asset in one of Honolulu’s most sought-after neighborhoods.
- Possession: At Closing, Subject To Tenancy
- Showing Instructions: Call Listor
- Tenants Responsibilities Include: AC, Electricity, Other
- Total Actual Rent: $12,920.00
Property History for 2908 Varsity Circle
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 14, 2025 | Price Change HICENTRAL #202517940 | $2,480,000 | — |
| Aug 12, 2025 | Price Change HICENTRAL #202517940 | $2,600,000 | — |
| Aug 12, 2025 | Listed (Active) HICENTRAL #202517940 | $2,480,000 | — |
| Mar 22, 2022 | Sold (Public Record) Public Record #1489533910 | $2,050,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/14/2025 | Price Change HICENTRAL #202517940 | $2,480,000 |
| 08/12/2025 | Price Change HICENTRAL #202517940 | $2,600,000 |
| 08/12/2025 | Listed (Active) HICENTRAL #202517940 | $2,480,000 |
| 03/22/2022 | Sold (Public Record) Public Record #1489533910 | $2,050,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2908 Varsity Circle
Schools near 2908 Varsity Circle
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
Prince Jonah Kuhio Elementary School PublicPK to 5 | ||
President George Washington Middle School Public6 to 8 | ||
Kaimuki High School Public9 to 12 | ||
Voyager - A Public Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Five Star Realty, Inc., Brian Chua, License #RB-21314
Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.