1611 Kahai St Honolulu, HI 96819
Kalihi-Palama NeighborhoodEstimated payment $22,569/month
Highlights
- 10,000 Sq Ft lot
- Coin Laundry
- Level Lot
- Central Air
About This Home
Two Parcel Multifamily Opportunity ( Must be sold together )
This offering includes two adjacent fee-simple parcels (TMK112-006-118 & TMK112-006-0017), delivering versatile income potential in the two parcels,12 income-producing units with reliable cash flow , designated parking , and a prime location, Near by Young Brother and Amazon warehouse
Parcel A (1611 Kahai): A well-maintained low-rise with 6 one-bedroom units. With Individual Electric meter for each Unit and One water Meter. 5 Designated parking stalls
Parcel B: (1617 Kahai) Includes two distinct dwellings— front house have total of 4 bedroom. 2 bedroom 1 bath Main floor and 2 bedroom 1 bath basement , Both rented separately .Rear Dwelling, containing 4 studios units with individual meter, for each unit. 3 Parking stalls Property differ rom Tax Record,
Please do Not Walk on Property or Disturb the Tenants:
Listing Agent
Fortune Properties LLC Brokerage Phone: (808) 636-1367 License #RS-80998 Listed on: 07/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,452
Year Built
- Built in 1952
Lot Details
- 10,000 Sq Ft Lot
- Level Lot
Home Design
- Slab Foundation
- Metal Roof
Parking
- 8 Parking Spaces
- Covered Parking
- Assigned Parking
Additional Features
- 2-Story Property
- Central Air
Listing and Financial Details
- Assessor Parcel Number 1-1-2-006-118-0000
Community Details
Overview
- 12 Units
- Kapalama Subdivision
Amenities
- Coin Laundry
Building Details
- Operating Expense $65,467
- Net Operating Income $137,017
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,545 | $1,463,200 | $1,375,000 | $88,200 |
| 2024 | $17,545 | $1,414,900 | $1,325,000 | $89,900 |
| 2023 | $16,547 | $1,362,100 | $1,275,000 | $87,100 |
| 2022 | $16,547 | $1,334,400 | $1,250,000 | $84,400 |
| 2021 | $15,960 | $1,287,100 | $1,200,000 | $87,100 |
| 2020 | $15,465 | $1,247,200 | $1,150,000 | $97,200 |
| 2019 | $13,599 | $1,096,700 | $1,000,000 | $96,700 |
| 2018 | $11,852 | $955,800 | $850,000 | $105,800 |
| 2017 | $11,239 | $906,400 | $775,000 | $131,400 |
| 2016 | $10,964 | $884,200 | $750,000 | $134,200 |
| 2015 | $10,265 | $827,800 | $700,000 | $127,800 |
| 2014 | -- | $769,000 | $640,000 | $129,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2025 07/06/25 | For Sale | $3,600,000 | +80.0% | -- |
| 03/31/2017 03/31/17 | Sold | $2,000,000 | -4.8% | -- |
| 03/01/2017 03/01/17 | Pending | -- | -- | -- |
| 01/13/2017 01/13/17 | For Sale | $2,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,000,000 | Fam | |
| Warranty Deed | $2,000,000 | Fam | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,800,000 | Commercial | |
| Closed | $1,800,000 | Commercial |
Source: HiCentral MLS (Honolulu Board of REALTORS®)
MLS Number: 202515241
APN: 1-1-2-006-118-0000
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Some of the active listings appearing on this site may be listed by other REALTORS(R). 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.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 HiCentral MLS, Ltd
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