$2,300,000
$200K PRICE DROP

Estimated payment $13,231/month

Total Views 3,594
-- Bed
-- Bath
4,072 Sq Ft
$565 Price per Sq Ft

About This Home

Discover a prime investment opportunity with two well-maintained apartment buildings located in the vibrant Kapahulu neighborhood. Perfectly positioned across from Crane Park, this property offers both convenience and potential in one of Honolulu’s most desirable areas. Building 1: 4 spacious 2-bedroom apartments. Building 2: One 4-bedroom units and two cozy 1-bedroom units. Location Highlights includes 1) Across from Crane Park – Enjoy easy access to outdoor recreation right at your doorstep, 2) Walking distance to Kapahulu Avenue – Stroll to a variety of shops, restaurants, and local amenities. 3) Close to UH – A short drive to the University of Hawaii, making it ideal for students or faculty. 4) Convenient bus stops nearby – Easy access to public transportation for commuting

Listing Agent

Lou Ann Uyeda

CENTURY 21 Paradise Intl. Brokerage Phone: (808) 521-4200 License #RB-16082 Listed on: 04/13/2025

CENTURY 21 Paradise Intl.

Co-Listing Agent

Kevin Uyeda

CENTURY 21 Paradise Intl. Brokerage Phone: (808) 521-4200 License #RB-16212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1947

Lot Details

  • 5,747 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,072 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Parking

  • 6 Parking Spaces
  • Open Parking
  • Assigned Parking

Schools

  • Kuhio Elementary School
  • Washington Middle School
  • Kaimuki High School

Listing and Financial Details

  • Assessor Parcel Number 1-2-7-030-026-0000

Community Details

Overview

  • 7 Units
  • Kapahulu Subdivision

Building Details

  • Operating Expense $27,686
  • Net Operating Income $76,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,904

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Co List Office Mls Id: CEPA
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1947
  • Attribution Contact: (808) 521-4200
  • CommunityFeatures: None
  • LaundryFeatures: In Unit
  • Co List Office Phone: (808) 521-4200
  • MLS Status: Active
  • Subdivision Name: KAPAHULU
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Wood Frame
  • Lot Features: Interior Lot, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Schools

  • Elementary School: Kuhio
  • High School: Kaimuki
  • Middle Or Junior School: Washington

Lot Info

  • Parcel Number: 1-2-7-030-026-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 76232.0
  • Annual Operating Expense: 27686.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 8875.0

Tax Info

  • Tax Annual Amount: 5904.0

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 $5,903 $1,688,800 $1,556,900 $131,900
2024 $5,903 $1,686,700 $1,556,900 $129,800
2023 $5,590 $1,597,200 $1,473,500 $123,700
2022 $5,465 $1,561,300 $1,445,700 $115,600
2021 $5,084 $1,452,700 $1,334,500 $118,200
2020 $5,109 $1,459,700 $1,334,500 $125,200
2019 $4,717 $1,347,600 $1,223,300 $124,300
2018 $4,333 $1,238,000 $1,120,700 $117,300
2017 $4,207 $1,202,000 $1,034,500 $167,500
2016 $3,793 $1,083,700 $919,500 $164,200
2015 $3,464 $989,600 $833,300 $156,300
2014 -- $932,500 $775,900 $156,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $2,300,000 0.0% $565 / Sq Ft
05/22/2025 05/22/25 Rented $1,550 0.0% --
05/20/2025 05/20/25 For Rent $1,550 0.0% --
04/13/2025 04/13/25 For Sale $2,500,000 0.0% $614 / Sq Ft
05/17/2024 05/17/24 Rented $1,300 0.0% --
05/08/2024 05/08/24 For Rent $1,300 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

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Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202507798

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-7-030-026-0000