Address
1830 Punahou Street, Honolulu, HI
Price
$ 5,500,000
Property Attributes
  • MLS#202614412
  • TypeMulti-Family
  • Listing Status Active Under Contract
  • CountyHONOLULU
  • CityHonolulu
  • AreaMetro
  • NeighborhoodMAKIKI AREA
  • Zip96822
  • Style
  • Year Built1966
  • Taxes$ 9317
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6220
Data Source:
HiCentral MLS (HICMLS)
Property Description

Prime investment opportunity at 1830 Punahou Street, a premier multi-family residential property situated in Makiki across from Punahou School. Fully leased 16 residential units, consisting of 9 one-bedrooms and 7 two-bedrooms, providing immediate cash flow with clear upside rental potential. This fee-simple property offers tenants close proximity to top-rated schools, medical hubs, dining, and public transit. Residents enjoy effortless access to downtown Honolulu, Ala Moana and Waikiki. Features concrete hollow tile construction, private lanais, and 1 dedicated parking stall per unit. An ideal investment for long-term growth.

Elementary School Middle School High School
Lincoln Elementary School Stevenson Middle School Roosevelt High School
Price History
8/20/2026 Listed $5,500,000

General Features

Utilities Cable Available,Electricity Available,High Speed Internet Available,Underground Utilities,Water Available,Sewer Connected
Appliances Dryer,Washer
Tenant Pays Cable TV,Electricity
View City,Mountain(s)
Levels Three Or More
Property Subtype Multi Family
Community Features None,Other
County Oahu
Property Type Residential
Subdivision Name MAKIKI AREA
Status Active Under Contract
ModificationTimestamp 2026-09-01T01:22:10.770-00:00
City Honolulu
MLS Area Metro
Property Condition Good Condition
Standard Status Active Under Contract
Tax Assessed Value 2733300
PostalCity Honolulu
Year Built 1966
High School Roosevelt
Disclosures 1031 Exchange
Elementary School Lincoln
Zoning Description 12 - A-2 Medium Density Apartme
Middle/Junior High School Stevenson
Structure Type Multi Family
Sewer Connected
Construction Materials Hollow Tile,Concrete
Land Tenure FeeSimple
Island Oahu
Number Of Units Total 16
Tax Annual Amount 9317.4
Topography Level
Virtual Tour https://docs.google.com/document/d/1d7zoRTuv796GACAx_WRbRZPpWX7XVpthBzrgiNaK2bY/edit?tab=t.0
Net Operating Income 169100
Operating Expense 115000
Total Actual Rent 23675

Interior Features

Furnished Y/N Unfurnished
Laundry Features Coin-operated

Exterior Features

Parking Features Assigned
Lot Features Cleared,Other,Level
Total Parking 16
Lot Size Area 9375
Building Area Total 6220
Water Source Public
Foundation Details Slab

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 96822

Price
AVG $3.31M
$5.5M
Taxes
AVG $8,642
$9,317
Year Built
AVG 1966
1966

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