$1,688,000
$100K PRICE DROP

2831 Winam Ave Honolulu, HI 96816

Diamond Head-Kapahula-Saint Louis Neighborhood

Estimated payment $9,692/month

Total Views 1,310
-- Bed
-- Bath
3,365 Sq Ft
$502 Price per Sq Ft

Highlights

  • Central Air
  • Level Lot
  • Community Storage Space

About This Home

$100,000 PRICE ADJUSTMENT $242,000 /UNIT 1- 3br, 1-2br, 5-1br. 6.1% CAP RATE PROFORMA for this conveniently located property! Awaiting your offer.. Fully tenanted and recently painted seven unit apartment complex on wide streets. Property used by tenants to park six cars in unmarked spaces. In convenient Kapahulu. Near Waikiki, Ala Moana, restaurants, super market (Safeway and Foodland), other consumer establishments, and bus lines. To be sold in existing As Is condition. Subject to 1031 Exchange. Seller prefers to use Barbara Paulo, Title Guaranty Escrow (Queen St.). Please do not disturb or discuss with tenants. Fully tenanted. No showings. Make an offer subject to inspection.

Listing Agent

Ronald Lee

I2C Realty, Ltd. Brokerage Phone: (808) 386-0953 License #RB-18197 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1938

Lot Details

  • 4,929 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Tar and Gravel Roof
  • Asphalt Roof

Interior Spaces

  • 3,365 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-035-020-0000

Community Details

Overview

  • 7 Units
  • Kapahulu Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $35,492
  • Net Operating Income $103,708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,400

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1938
  • Attribution Contact: (808) 386-0953
  • CommunityFeatures: None, Storage Facilities
  • Road Frontage Type: Other
  • LaundryFeatures: None, Other
  • MLS Status: Active
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Asphalt, Shingle, Tar/Gravel
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Single Wall, Wood Frame
  • Lot Features: Corner Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 6.0
  • Open Parking: Yes

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 1-2-7-035-020-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 103708.0
  • Annual Operating Expense: 35492.0
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: 11600.0

Tax Info

  • Tax Annual Amount: 5400.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,396 $1,545,200 $1,385,100 $160,100
2024 $5,396 $1,541,700 $1,385,100 $156,600
2023 $5,126 $1,464,500 $1,310,900 $153,600
2022 $5,002 $1,429,000 $1,286,200 $142,800
2021 $4,679 $1,336,900 $1,187,200 $149,700
2020 $4,713 $1,346,500 $1,187,200 $159,300
2019 $4,389 $1,254,000 $1,088,300 $165,700
2018 $3,948 $1,127,900 $964,600 $163,300
2017 $3,754 $1,072,600 $890,400 $182,200
2016 $3,395 $970,100 $791,500 $178,600
2015 $3,131 $894,500 $717,300 $177,200
2014 -- $843,100 $667,800 $175,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $1,688,000 -5.6% $502 / Sq Ft
07/09/2025 07/09/25 For Sale $1,788,000 -- $531 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Stand Alone Second
Closed $250,000 Stand Alone Second
Closed $250,000 Commercial
Closed $700,000 Commercial
Closed $100,000 Commercial
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202515592

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-035-020-0000

Hawaii Honolulu County Honolulu 96816 Diamond Head-Kapahula-Saint Louis

2831 Winam Ave, Honolulu, HI

This home is located at 2831 Winam Ave, Honolulu, HI 96816 and is currently priced at $1,688,000, approximately $501 per square foot. This property was built in 1938. 2831 Winam Ave is a home located in Honolulu County with nearby schools including President Thomas Jefferson Elementary School, President George Washington Middle School, and Kaimuki High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) 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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Ronald Lee
Listing Agent
Ronald Lee
Section Image
I2C Realty, Ltd.
(808) 386-0953