Where else can you earn a 5.78% Cap Rate on Existing Income & Expenses IN TOWN?? Rarely available neighborhood with excellent return. Clean, well-positioned building with easy access to the freeway in all directions. Seasoned, stable income from long-term tenants with well-tended plants make this building extremely welcoming, warm, and easy to rent. Brand new paint and spacious units with nice layout. Legal, non-conforming use means you can get a loan on all 8 units. Hollow tile construction, all tenants are separately metered for electric, one water meter. One renovated unit now renting for $1700, so potential income is greater than stated, 1 parking stall is tandem.
Closed
$1,850,000
1313 Ahiahi St, Honolulu, HI 96817
--beds
0baths
3,224sqft
Multi Family
Built in 1964
-- sqft lot
$1,846,700 Zestimate®
$574/sqft
$3,135 Estimated rent
Home value
$1,846,700
$1.75M - $1.94M
$3,135/mo
Zestimate® history
Owner options
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$3,135/mo
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$8,253/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Christina L Dwight 808-429-1098,
Commercial Inv. Strategies
Bought with:
NON MLS
Non-MLS
Source: HiCentral MLS,MLS#: 202316412
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: In Unit
Interior area
- Total structure area: 3,224
- Total interior livable area: 3,224 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned, Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
- Frontage type: Other
Lot
- Features: Cleared, Interior Lot
- Topography: Sloping
Details
- Parcel number: 1160150130000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Masonry, Stucco
Condition
- Good Condition
- Year built: 1964
- Major remodel year: 2023
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Kamehameha Heights
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $574/sqft
- Tax assessed value: $1,049,600
- Annual tax amount: $3,079
- Date on market: 7/12/2023
- Total actual rent: 13600
- Tenant pays: Cable TV, Electricity, Water
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Listing removed | $1,950,000$605/sqft |
Source:  HiCentral MLS #202600668 Report a problem | ||
| 8/19/2025 | Price change | $1,950,000-4.9%$605/sqft |
Source: HiCentral MLS #202512609 Report a problem | ||
| 5/22/2025 | Listed for sale | $2,050,000+10.8%$636/sqft |
Source: HiCentral MLS #202512609 Report a problem | ||
| 11/6/2023 | Sold | $1,850,000-8.6%$574/sqft |
Source: HiCentral MLS #202316412 Report a problem | ||
| 9/22/2023 | Contingent | $2,025,000$628/sqft |
Source: HiCentral MLS #202316412 Report a problem | ||
| 7/13/2023 | Listed for sale | $2,025,000$628/sqft |
Source: HiCentral MLS #202316412 Report a problem | ||
| 7/12/2023 | Listing removed | $2,025,000$628/sqft |
Source: HiCentral MLS #202303645 Report a problem | ||
| 5/29/2023 | Price change | $2,025,000-3.6%$628/sqft |
Source: HiCentral MLS #202303645 Report a problem | ||
| 4/19/2023 | Price change | $2,100,000-2.3%$651/sqft |
Source: HiCentral MLS #202303645 Report a problem | ||
| 3/24/2023 | Listed for sale | $2,150,000$667/sqft |
Source: HiCentral MLS #202303645 Report a problem | ||
| 3/17/2023 | Contingent | $2,150,000$667/sqft |
Source: HiCentral MLS #202303645 Report a problem | ||
| 3/6/2023 | Listed for sale | $2,150,000+334.3%$667/sqft |
Source: HiCentral MLS #202303645 Report a problem | ||
| 8/21/2002 | Sold | $495,000+108%$154/sqft |
Source: Public Record Report a problem | ||
| 12/22/1995 | Sold | $238,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,674 +0.4% | $1,049,600 +0.4% |
| 2024 | $3,659 +18.8% | $1,045,500 +18.8% |
| 2023 | $3,079 +10.8% | $879,800 +10.8% |
| 2022 | $2,779 -1.4% | $793,900 -1.4% |
| 2021 | $2,818 -6.9% | $805,000 -6.9% |
| 2020 | $3,027 +15.2% | $864,800 +15.2% |
| 2019 | $2,627 +0.9% | $750,700 +0.9% |
| 2018 | $2,605 -6.1% | $744,300 -6.1% |
| 2017 | $2,773 -0.2% | $792,400 -0.2% |
| 2016 | $2,779 -5.4% | $794,000 -5.4% |
| 2015 | $2,937 | $839,000 +10.1% |
| 2014 | -- | $762,100 |
Find assessor info on the county website
Neighborhood: Kamehameha Heights
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Kapalama Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10King David Kalakaua Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Governor Wallace Rider Farrington High SchoolGrades: 9-12Distance: 0.5 mi
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$1,846,700
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+$36,934
With Zillow Showcase(estimated)
$1,883,634
- Hawaii
- Honolulu County
- Honolulu
- 96817
- Kamehameha Heights
- 1313 Ahiahi St
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