OPPORTUNITY KNOCKS to Value Add with Excellent Actual Income: 18 LARGE TWO-BED UNITS close to freeway in all directions located in the heart of Metro Honolulu. Cap ex include: brand new parking lot, roof, and lanai spalling. 28 parking stalls--all but 1 rented for extra income. All units are separately metered for electric, w/ master meter for CAM electric; one gas meter for heater and dryers only (no gas appliances inside units), and one water meter. Each unit is sub metered and water/sewer is charged back to the tenants. W/D machines are leased for about $120/mo but PM collects coins for add' income. Buyer to accept existing survey performed by Ailana Survery on May 14, 2024.
Closed
$4,250,000
1416 Middle St, Honolulu, HI 96819
--beds
0baths
13,200sqft
Multi Family
Built in 1966
-- sqft lot
$4,462,200 Zestimate®
$322/sqft
$2,951 Estimated rent
Home value
$4,462,200
$3.66M - $5.40M
$2,951/mo
Zestimate® history
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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#: 202415565
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated
Interior area
- Total structure area: 13,200
- Total interior livable area: 13,200 sqft
Property
Parking
- Total spaces: 28
- Parking features: Assigned
Features
- Levels: Three Or More
- Has view: Yes
- View description: Mountain(s)
- Frontage type: Other
Lot
- Features: Cleared, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1130110200000
- Zoning description: 07 - R-3.5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile
Condition
- Average Condition
- Year built: 1966
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 & neighborhood
Community
- Community features: None
Location
- Region: Honolulu
- Subdivision: Kalihi-Lower
HOA & financial
Other financial information
- Total actual rent: 27615
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2024 | Sold | $4,250,000+6.3%$322/sqft |
Source:  HiCentral MLS #202415565 Report a problem | ||
| 8/19/2024 | Pending sale | $4,000,000$303/sqft |
Source: HiCentral MLS #202415565 Report a problem | ||
| 7/22/2024 | Contingent | $4,000,000$303/sqft |
Source: HiCentral MLS #202415565 Report a problem | ||
| 7/11/2024 | Listed for sale | $4,000,000+381.9%$303/sqft |
Source: HiCentral MLS #202415565 Report a problem | ||
| 11/1/2019 | Listing removed | $1,450 |
Source: Fahrni Realty #201921920 Report a problem | ||
| 8/2/2019 | Listed for rent | $1,450-3.3% |
Source: Fahrni Realty #201921920 Report a problem | ||
| 3/9/2016 | Listing removed | $1,500 |
Source: Fahrni Realty, Inc. Report a problem | ||
| 2/19/2016 | Listed for rent | $1,500 |
Source: Fahrni Realty, Inc. Report a problem | ||
| 7/11/2000 | Sold | $830,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,118 +10.2% | $3,748,100 +10.2% |
| 2024 | $11,905 0% | $3,401,400 0% |
| 2023 | $11,906 +10.9% | $3,401,800 +10.9% |
| 2022 | $10,739 -1.3% | $3,068,200 -1.3% |
| 2021 | $10,879 -7.5% | $3,108,300 -7.5% |
| 2020 | $11,762 +16.4% | $3,360,700 +16.4% |
| 2019 | $10,105 +0.1% | $2,887,200 +0.1% |
| 2018 | $10,099 -2.3% | $2,885,300 -2.3% |
| 2017 | $10,331 +3.5% | $2,951,800 +3.5% |
| 2016 | $9,981 +26.8% | $2,851,700 +26.8% |
| 2015 | $7,871 | $2,248,900 +13.8% |
| 2014 | -- | $1,976,900 |
Find assessor info on the county website
Neighborhood: Kalihi Lower
Nearby schools
GreatSchools rating
- 6/10Mayor Joseph J Fern Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Governor Sanford B Dole Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Governor Wallace Rider Farrington High SchoolGrades: 9-12Distance: 0.9 mi
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$4,462,200
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$4,551,444
- Hawaii
- Honolulu County
- Honolulu
- 96819
- Kalihi Lower
- 1416 Middle St
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