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444 Niu Street Unit 3405, Honolulu
$495,000
1 Beds ⋅ 2 Baths ⋅ 202601887 MLS ⋅ FS - Fee Simple Tenure ⋅ 136 DOM ⋅ Hawaiian Monarch BLDG.
Legal short-term rental at the entrance of Waikiki in the well-established Hawaiian Monarch. This high-floor 1-bedroom, 2-bath unit features two separate entrances and can be rented as two individual studio units, offering excellent flexibility and income potential. Enjoy views of Ala Wai Canal, and city skyline.The building offers resort-style amenities including a swimming pool, whirlpool, fitness center, and laundry. On-site convenience store, coffee shop, and discounted car rental services add extra convenience. Ideally located near Waikiki beaches, Ala Moana Shopping Center, and the Hawai‘i Convention Center. Electricity included in maintenance fees (subject to usage). A turn-key investment opportunity in one of Waikiki’s most versatile short-term rental buildings.

444 Niu Street Unit 3405, Honolulu

444 NIU Street Unit 2607, Honolulu
$443,000
1 Beds ⋅ 2 Baths ⋅ 202610778 MLS ⋅ FS - Fee Simple Tenure ⋅ 84 DOM ⋅ Hawaiian Monarch BLDG.
Investors, take note! This is a rare opportunity to own a high-floor corner unit in the legally zoned, short-term rental building—the Hawaiian Monarch. Currently configured as a 1-bed, 2-bath layout, this property has been cleverly divided into two separate adjoining studios (Units A & B) with independent key-card entries. Maximize cash flow by renting both concurrently as short-term rentals, utilize a hybrid long-term strategy, or live in one and let the other pay your mortgage! Perched on the 26th floor, Unit 2607 boasts stunning wide angle views of the Ala Wai Canal, mountains, and city lights. Studio A features a full kitchen; Studio B has a separate entrance, ensuring total privacy for separate guests. Enjoy resort-style amenities: a massive 5th-floor pool deck, hot tub, fitness center, BBQ areas, 24-hr security, and laundry. Ultimate convenience with ground-floor eateries, a coffee shop, mini-mart, and car rentals. Ideally located blocks from world-famous beaches (~10 min walk) and the Hawaii Convention Center (~5 min walk). Vacant, fully furnished, and very easy to see. Priced aggressively for a quick sale! Sold in "AS-IS" condition

444 NIU Street Unit 2607, Honolulu

444 Niu Street Unit 1607, Honolulu
$328,000
1 Baths ⋅ 202526062 MLS ⋅ FS - Fee Simple Tenure ⋅ 18 DOM ⋅ Hawaiian Monarch BLDG.
ATTENTION INVESTORS! LEGAL SHORT TERM RENTAL FULLY TURN KEY IN WAIKIKI! So few opportunities match this one on the entire island of Oahu. It is 100% ready to turn over to its new owner and even has a Property Manager willing to keep the current SUPER HOST site up and running. EASY transfer to a new investor. This building caters to the transient guests with rental bikes, cars, scooters, coffee shops, food trucks, daily gym rates, pool, hot tubs, outdoor BBQ's, community laundry, and just a stroll to Waikiki Beach and shops and restaurants. Parking is a nightly rate, so no parking is a bonus as guests can pay per night at the building as needed just like a hotel. LOW monthly fees making a great cap rate. Occupancy rate is at 75%. This unit is excellent with great views of Diamond Head as well. Photos are very true to reality and it is not easy to see because it is heavily booked. Feel free to send in an offer and we can block a day for inspection as well. All numbers are available at your request and we will do our best to show you in-between check in and check outs!

444 Niu Street Unit 1607, Honolulu

444 Niu Street Unit 1805, Honolulu
$300,000
1 Baths ⋅ 202509406 MLS ⋅ FS - Fee Simple Tenure ⋅ 435 DOM ⋅ Hawaiian Monarch BLDG.
Wake up to sparkling ocean views and the lush greenery of Fort DeRussy Park from this preferred studio unit in the Hawaiian Monarch—an ideal retreat for both visitors and savvy investors alike. Nestled at the gateway to world-famous Waikiki, this beautifully positioned condo offers the rare combination of short-term rental eligibility, low maintenance fees, and resort-style amenities, making it a standout opportunity. Whether you're lounging by the pool, relaxing in the hot tub, grilling with friends in the BBQ area, or grabbing a bite from one of the on-site dining spots, the Hawaiian Monarch makes every day feel like a vacation. Just moments from Waikiki Beach, vibrant restaurants, shopping, and public transit, this studio is perfectly situated for island living or a successful Airbnb venture. Discover the ease and beauty of life at the edge of paradise—where every sunset feels like it was made just for you.

444 Niu Street Unit 1805, Honolulu

444 Niu Street Unit 1109, Honolulu
$217,000
1 Baths ⋅ 202604148 MLS ⋅ FS - Fee Simple Tenure ⋅ 93 DOM ⋅ Hawaiian Monarch BLDG.
Located at the entrance to Waikiki, this LEGAL short-term rental studio at the Hawaiian Monarch is ideal for both personal use and investment. This 11th unit offers wide-open views of the Ala Wai Canal, city skyline. This studio includes a kitchen sink inside the unit, a rare and practical feature.T he Hawaiian Monarch offers resort-style amenities including a swimming pool, whirlpool, fitness center, and community laundry. An on-site convenience store and coffee shop add everyday ease, while the discounted car rental service provides an affordable alternative to parking. Just minutes from Waikiki beaches, Ala Moana Shopping Center, and the Hawaii Convention Center, this unit appeals to both vacationers and business travelers. Electricity is included in the maintenance fees, which may vary based on usage. A strong turnkey opportunity in one of Waikiki’s most versatile legal short-term rental buildings.

444 Niu Street Unit 1109, Honolulu

444 Niu Street Unit 2502, Honolulu
$211,000
1 Baths ⋅ 202603628 MLS ⋅ FS - Fee Simple Tenure ⋅ 198 DOM ⋅ Hawaiian Monarch BLDG.
Situated in the heart of Waikiki, this high-floor unit at Hawaiian Monarch offers a LEGAL short-term rental opportunity with sweeping views of the Ala Wai Canal, city skyline, and partial ocean. Overlooking the pool deck, the unit is furnished and turn-key, ideal for investors or a flexible vacation retreat. Unbeatable location near Waikiki Beach, Ala Moana, shopping, dining, and entertainment. Popular food trucks are located directly across the street, with McCully Shopping Center nearby. Convenience is key with 7-Eleven on the ground floor and on-site car rental services for guests. Parking garage access available and remains more affordable than hotel parking options. A rare chance to own a legal vacation rental in one of Waikiki’s most established buildings. Great income potential in a prime resort destination.

444 Niu Street Unit 2502, Honolulu

444 Niu Street Unit 914, Honolulu
$200,000
1 Baths ⋅ 202604731 MLS ⋅ FS - Fee Simple Tenure ⋅ 95 DOM ⋅ Hawaiian Monarch BLDG.
Welcome to this rarely available corner unit in the highly desirable Hawaiian Monarch. Ideally located in the heart of Waikiki, this property offers exceptional flexibility for both owners and investors. The building is zoned to allow short-term rentals with proper registration, creating valuable income potential in a prime, high-demand location. Situated on the 9th floor, this sought-after corner residence enjoys beautiful mountain, river and city views, enhanced privacy, and abundant natural light thanks to its end-unit positioning and L-shaped windows. Just moments from world-renowned beaches, popular dining, vibrant shopping, and convenient public transportation, the location supports strong year-round visitor demand. The Hawaiian Monarch is recognized for its low maintenance fees and outstanding amenities, including a fitness center, pool, hot tub, barbecue area, community laundry, 24-hour security, and on-site restaurants and shops. This is a rare opportunity to own a competitively priced corner unit in one of Waikiki’s most sought-after buildings, with short-term rental capability. The unit is vacant and very easy to view.

444 Niu Street Unit 914, Honolulu

444 Niu Street Unit 815, Honolulu
$200,000
1 Baths ⋅ 202518071 MLS ⋅ FS - Fee Simple Tenure ⋅ 152 DOM ⋅ Hawaiian Monarch BLDG.
EASY TO SHOW !! Hawaiian Monarch 815 - AS IS Sale This studio unit in Hawaiian Monarch isa fantastic investment opportunity for those looking for a property in the heart of Waikiki. While this unit is being sold AS IS, it offers a great chance to update and personalize to your liking or continue to use as a rental property.Legal short-term rentals are allowed, making it an ideal option for Airbnb. Enjoy breathtaking views of the city andmountains. The building offers amenities like a swimming pool, BBQ areas, exercise room, and restaurants in thelobby. Located just moments away from popular spots like Waikiki Beach, Ala Moana Shopping Center, and Diamond Head, this unit offers the perfect blend of convenience and island living. Don't miss this opportunity to own a piece of prime Waikiki real estate!

444 Niu Street Unit 815, Honolulu

444 Niu Street Unit 1105, Honolulu
$150,000
1 Baths ⋅ 202605990 MLS ⋅ LH - Leasehold Tenure ⋅ 105 DOM ⋅ Hawaiian Monarch BLDG.
LEGAL VACATION RENTAL! Welcome to your ideal Waikiki investment or island getaway at the iconic Hawaiian Monarch. This well-maintained 11th-floor unit faces the ocean, overlooks Fort DeRussy Park, and offers the perfect blend of comfort, convenience, and value in the heart of Waikiki. Whether you’re looking for a turnkey short term rental, vacation retreat, or entry into the Waikiki market, this unit checks all the boxes. Enjoy resort-style amenities including a pool, hot tub, BBQ area, fitness center, and on-site dining. Just minutes from world-famous Waikiki Beach, Ala Wai Canal, Ala Moana Center, and a variety of shops, restaurants, and entertainment options—this location truly puts the best of Honolulu at your doorstep. Fee is available for sale for $74,700 as of April 2026, increased by $155 each month until in contract. Can close simultaneously to make it fee simple! Don’t miss this opportunity to own in a high-demand building with strong rental income potential. Reach out for the income statements and schedule your showing today!

444 Niu Street Unit 1105, Honolulu

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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