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  • $1,725,000

    1156 Alewa Dr, Honolulu, HI 96817

    6beds
    2,395sqft
    Single Family Residence
    Built in 1939
    -- sqft lot
    $1,664,100 Zestimate®
    $720/sqft
    $5,248 Estimated rent

    Home value

    $1,664,100

    $1.58M - $1.75M

    $5,248/mo

    Zestimate® history
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    What's special

    Private yardLarge covered carportRemodeled kitchenNew appliances
    An extremely rare offering to acquire 3 fully detached residential dwellings, located on a single parcel in Honolulu. 2025 renovations increased rental income, lowered risk and maintenance costs. Ideal for an owner occupier to live in the main house and receive significant rental income from 2 improved rental units. Also ideal for 1031 exchange or investors seeking stable NOI coupled with long-term appreciation. Immediate rental income of $5,750/mo. incl. GET can offset mortgage payment, plus potential income of $3,400/mo. incl. GET from the 3rd home can generate a total of $9,150/mo. in rental income. Quiet setting with cool breezes, each house offers 2 bedrooms and 1 bathroom, separate electric meter, washer/dryer, private yard, remodeled kitchen, new appliances and flooring. Located on Alewa Drive, in a desirable neighborhood, just past Assets School. Amazing views of the ocean, downtown Honolulu, and Diamond Head. The roofs are in good condition, convenient and secure exterior storage, and a large covered carport. Please do not disturb tenants or park in the driveway. A few photos have been virtually staged(enhanced).

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Hepton 808-501-9635,

    REMAX Hawaii

    Bought with:

    Adrienne W Lally, RB-20068

    Team Lally

    Source: HiCentral MLS,MLS#: 202604525MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Flooring: Ceramic Tile, Laminate
    Interior area
    • Total structure area: 2,395
    • Total interior livable area: 2,395 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport, Driveway, Three or more Spaces, On Street
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Has view: Yes
    • View description: City, Mountain(s), Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Features: Interior Lot, Irregular Lot, Level
    • Topography: Level,Sloping
    Details
    • Parcel number: 1180330220000
    • Zoning description: 05 - R-5 Residential District
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Multiplex
    • Property subtype: Single Family Residence
    Materials
    • Hollow Tile, Single Wall, Wood Frame
    • Foundation: Slab
    Condition
    • Good Condition,Updated/Remodeled
    • New construction: No
    • Year built: 1939
    • Major remodel year: 2025

    Utilities & green energy

    • Water: Public
    • Utilities for property: Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    Community
    • Features: Storage Facilities
    • Subdivision: Alewa Heights
    HOA
    • Services included: None
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $720/sqft
    • Tax assessed value: $1,315,300
    • Annual tax amount: $4,468
    • Date on market: 3/12/2026
    • Inclusions: Attic Fan, Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
    • Total actual rent: 5750

    Price history

    DateEventPrice
    5/29/2026Sold$1,725,000+1.8%$720/sqft
    Source: HiCentral MLS #202604525 Report a problem
    4/15/2026Contingent$1,695,000$708/sqft
    Source: HiCentral MLS #202604525 Report a problem
    3/13/2026Listed for sale$1,695,000+18.7%$708/sqft
    Source: HiCentral MLS #202604529 Report a problem
    5/5/2025Sold$1,428,500-4.6%$596/sqft
    Source: HiCentral MLS #202505778 Report a problem
    4/3/2025Pending sale$1,498,000$625/sqft
    Source: HiCentral MLS #202505778 Report a problem
    3/19/2025Contingent$1,498,000$625/sqft
    Source: HiCentral MLS #202505778 Report a problem
    3/1/2025Listed for sale$1,498,000+120.3%$625/sqft
    Source: HiCentral MLS #202505778 Report a problem
    7/22/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    6/30/2021Listed for rent$1,900+5.6%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    5/29/2020Listing removed$1,800$1/sqft
    Source: Y.P. Kang #202011006 Report a problem
    5/15/2020Listed for rent$1,800$1/sqft
    Source: Y.P. Kang #202011006 Report a problem
    12/7/2019Listing removed$1,800$1/sqft
    Source: Y.P. Kang #201932537 Report a problem
    11/27/2019Price change$1,800-5.3%$1/sqft
    Source: Y.P. Kang #201932537 Report a problem
    11/15/2019Listed for rent$1,900-5%$1/sqft
    Source: Y.P. Kang #201932537 Report a problem
    5/15/2019Listing removed$2,000$1/sqft
    Source: Y.P. Kang #201910324 Report a problem
    4/9/2019Listed for rent$2,000-9.1%$1/sqft
    Source: Y.P. Kang #201910324 Report a problem
    1/3/2019Listing removed$2,200$1/sqft
    Source: Y.P. Kang #201829217 Report a problem
    11/9/2018Listed for rent$2,200+22.2%$1/sqft
    Source: Y.P. Kang #201829217 Report a problem
    8/15/2018Listing removed$1,800$1/sqft
    Source: Y.P. Kang #201817686 Report a problem
    7/7/2018Listed for rent$1,800$1/sqft
    Source: Y.P. Kang #201817686 Report a problem
    8/14/2013Listing removed$1,800$1/sqft
    Source: y.p. kang realtor Report a problem
    8/9/2013Listed for rent$1,800$1/sqft
    Source: y.p. kang realtor Report a problem
    2/28/1994Sold$680,000$284/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,604 $1,315,300 +3%
    2024-- $1,276,600 +4.2%
    2023$4,286 +11.1%$1,224,600 +11.1%
    2022$3,857 +3.4%$1,101,900 +3.4%
    2021$3,731 -1%$1,066,100 -1%
    2020$3,769 -0.3%$1,076,900 -0.3%
    2019$3,779 -0.2%$1,079,600 -0.2%
    2018$3,785 -3.7%$1,081,500 -3.7%
    2017$3,933 +2.1%$1,123,600 +2.1%
    2016$3,852 +2.8%$1,100,700 +2.8%
    2015$3,748 $1,070,800 +26.3%
    2014-- $847,800
    Find assessor info on the county website

    Neighborhood: Alewa Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Maemae
    • Middle: Kawananakoa
    • High: Mckinley

    Source: HiCentral MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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