$1,250,000

Estimated payment $8,079/month

Total Views 2,007
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Don’t miss this rare opportunity to own a solid two-story hollow tile fourplex. Each unit features 2 bedrooms, 1 bathroom, and 2 parking stalls, offering strong rental demand. The property sits on IMX-zoned land, opening the door to a variety of potential uses and future development opportunities. There’s also a vacant portion of the lot—perfect for adding additional units or creating extra income streams (buyer to verify). All units are individually metered for electricity, with tenants responsible for their own usage. Property is in close proximity to stores, restaurants, schools, H-Mart and much more. Whether you're looking to grow your portfolio or start with a stable income-producing property, this is a great opportunity! Don't wait, schedule your viewing today and take hold of this amazing opportunity! You can lower the property tax by submitting the Residential Dedication form.

Listing Agent

Vincent Lao

Five Star Realty, Inc. Brokerage Phone: (808) 382-6871 License #RB-18181 Listed on: 07/07/2025

Co-Listing Agent

Michael Vuong

Five Star Realty, Inc. Brokerage Phone: (808) 382-6871 License #RB-24049

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,212

Year Built

  • Built in 1955

Lot Details

  • 5,638 Sq Ft Lot
  • Level Lot
  • Flag Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Parking

  • 4 Parking Spaces
  • Open Parking

Listing and Financial Details

  • Assessor Parcel Number 1-1-2-014-094-0000

Community Details

Overview

  • 4 Units
  • Kapalama Subdivision

Building Details

  • Operating Expense $24,792
  • Net Operating Income $28,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,212

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Architectural Style: Fourplex
  • Co List Office Mls Id: FIVE
  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1955
  • Attribution Contact: (808) 382-6871
  • CommunityFeatures: None
  • Co List Office Phone: (808) 382-6871
  • MLS Status: Active
  • Subdivision Name: KAPALAMA
  • Unit Levels: Two
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Stories: 2

Exterior Features

  • Construction Type: Hollow Tile, Wood Frame
  • Lot Features: Flag Lot, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Seller Disclosure

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 4.0
  • 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

Lot Info

  • Parcel Number: 1-1-2-014-094-0000
  • Zoning Description: 46 - IMX-1 Industrial-Commercia

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 28008.0
  • Annual Operating Expense: 24792.0
  • Tenant Pays: Cable TV, Electricity
  • Total Actual Rent: 4400.0

Tax Info

  • Tax Annual Amount: 15212.28

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,250,000 +47.1% --
06/23/2017 06/23/17 Sold $850,000 +6.4% $369 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $799,000 -- $347 / Sq Ft
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202515128

HiCentral MLS (Honolulu Board of REALTORS®)