Closed

$1,930,000

1413 Emerson St, Honolulu, HI 96813

--beds

0baths

--sqft

Multi Family

Built in 1947

-- sqft lot

$2,195,200 Zestimate^®

$--/sqft

$1,956 Estimated rent

Home value

$2,195,200

$1.76M - $2.72M

$1,956/mo

Zestimate^® history

Owner options

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$1,956/mo

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$1,956/mo

Rent Zestimate^®

Refinance and save

$8,610/mo

Est. payment

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$8,610/mo

Est. payment

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What's special

Perfect turn key investment property! Renovated interiors, newly painted exterior, and stabilized rents with great cashflow! All the work is done! High demand rental area with close proximity to Queen's Hospital, Straub Hospital, Downtown Honolulu and more. Seven (7) - 2 Bed / 1 Bath and Three (3) - 1 Bed / 1 Bath apartment units. Strong Cashflow generating over $14k in gross rents and an in place 6.2% CAP rate on stabilized income and expenses.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Appliances

Included: Dryer, Washer
Laundry: Coin-operated

Property

Parking

Total spaces: 4
Parking features: Assigned

Features

Levels: Two
Stories: 2
Has view: Yes
View description: City

Lot

Features: Cleared, Level
Topography: Level

Details

Parcel number: 1210390440000
Zoning description: 12 - A-2 Medium Density Apartme
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Concrete, Single Wall

Condition

Average Condition
Year built: 1947

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: Punchbowl-Lower

Location

Region: Honolulu

Financial & listing details

Tax assessed value: $1,476,400
Annual tax amount: $5,280
Date on market: 4/5/2025
Total actual rent: 14360
Tenant pays: Cable TV, Electricity, Gas, Other

Price history

Date	Event	Price
5/27/2025	Sold	$1,930,000+2.7%
Source: HiCentral MLS #202509428 Report a problem
4/11/2025	Contingent	$1,880,000
Source: HiCentral MLS #202509428 Report a problem
4/6/2025	Listed for sale	$1,880,000
Source: HiCentral MLS #202509428 Report a problem
1/16/2018	Listing removed	$950
Source: Palace Realty Inc., RB-6957 Report a problem
1/12/2018	Listed for rent	$950+5.6%
Source: Palace Realty Inc., RB-6957 Report a problem
3/1/2016	Listing removed	$900
Source: Palace Realty Inc., RB-6957 Report a problem
2/10/2016	Listed for rent	$900+50%
Source: Palace Realty Inc., RB-6957 Report a problem
4/8/2014	Listing removed	$600
Source: Postlets Report a problem
1/22/2014	Listed for rent	$600
Source: Postlets Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,167 +0.3%	$1,476,400 +0.3%
2024	$5,152 +0.5%	$1,471,900 +0.5%
2023	$5,126 +10.2%	$1,464,700 +10.2%
2022	$4,654 -6.8%	$1,329,700 -6.8%
2021	$4,991 -0.8%	$1,426,100 -0.8%
2020	$5,030 +12%	$1,437,200 +12%
2019	$4,492 +8.6%	$1,283,400 +8.6%
2018	$4,135 +7.4%	$1,181,400 +7.4%
2017	$3,849 +6.2%	$1,099,800 +6.2%
2016	$3,623 +3.9%	$1,035,200 +3.9%
2015	$3,486	$996,100 +0.5%
2014	--	$991,100