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  • $1,425,000

    1812 Algaroba St, Honolulu, HI 96826

    --beds
    0baths
    2,340sqft
    : 
    $8,089/mo
    Get pre-qualified
    Multi Family
    Built in 1953
    -- sqft lot
    $1,376,700 Zestimate®
    $609/sqft
    $-- HOA

    What's special

    Excellent opportunity to own a well-maintained 7-unit multi-family property in the heart of McCully zoned BMX-3! This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units. The property has been recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today’s tenants. A majority of units are occupied, providing immediate and consistent rental income. Conveniently located near shopping, dining and easy access to public transportation, this McCully property offers both revenue and long-term investment potential!
    23 days
    |
    227
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Myron N Kiriu 808-738-3633,

    REMAX Hawaii,

    Jason Hepton 808-501-9635,

    REMAX Hawaii

    Source: HiCentral MLS,MLS#: 202612630MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Cooling
      • Central Air
      Interior area
      • Total structure area: 2,340
      • Total interior livable area: 2,340 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Open
      • Has uncovered spaces: Yes
      Features
      • Levels: One,Two
      • Stories: 1
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Features: Cleared, Interior Lot, Level
      • Topography: Level
      Details
      • Parcel number: 1230280240000
      • Zoning description: 33 - BMX-3 Community Business M
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame
      • Foundation: Slab
      Condition
      • Average Condition,Good Condition
      • Year built: 1953

      Utilities & green energy

      • Sewer: Connected
      • Water: Public
      • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Water Available, Sewer Connected

      Community & HOA

      Community
      • Subdivision: Mccully
      Location
      • Region: Honolulu

      Financial & listing details

      • Price per square foot: $609/sqft
      • Tax assessed value: $1,186,500
      • Annual tax amount: $4,122
      • Date on market: 7/2/2026
      • Total actual rent: 10642

        Estimated market value

        $1,376,700

        $1.31M - $1.45M

        $2,412/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$1,425,000-4.7%$609/sqft
        Source: HiCentral MLS #202612630 Report a problem
        7/2/2026Listing removed$1,495,000$639/sqft
        Source: HiCentral MLS #202600925 Report a problem
        2/7/2026Listed for sale$1,495,000-20.4%$639/sqft
        Source: HiCentral MLS #202600925 Report a problem
        12/13/2023Listing removed$1,879,000$803/sqft
        Source: HiCentral MLS #202305983 Report a problem
        3/9/2023Listed for sale$1,879,000$803/sqft
        Source: HiCentral MLS #202305983 Report a problem
        12/1/2022Listing removed$1,879,000$803/sqft
        Source: HiCentral MLS #202207686 Report a problem
        8/12/2022Price change$1,879,000-1.1%$803/sqft
        Source: HiCentral MLS #202207686 Report a problem
        4/29/2022Listed for sale$1,899,000$812/sqft
        Source: HiCentral MLS #202207686 Report a problem
        4/27/2022Contingent$1,899,000$812/sqft
        Source: HiCentral MLS #202207686 Report a problem
        4/23/2022Listed for sale$1,899,000+50.1%$812/sqft
        Source: HiCentral MLS #202207686 Report a problem
        5/26/2020Listing removed$1,395$1/sqft
        Source: 350 chapala llc Report a problem
        5/20/2020Price change$1,395-3.8%$1/sqft
        Source: 350 chapala llc Report a problem
        3/12/2020Price change$1,450+21.3%$1/sqft
        Source: Avail Report a problem
        1/24/2020Listed for rent$1,195+4.4%$1/sqft
        Source: 350 chapala llc Report a problem
        7/11/2018Sold$1,265,000-2.5%$541/sqft
        Source: Public Record Report a problem
        4/12/2018Listed for sale$1,298,000-2%$555/sqft
        Source: Apartment Advisors, LLC #201809364 Report a problem
        7/11/2017Listing removed$1,325,000$566/sqft
        Source: Apartment Advisors, LLC #201708770 Report a problem
        12/9/2016Price change$1,325,000-5.2%$566/sqft
        Source: Apartment Advisors, LLC #201607164 Report a problem
        4/16/2016Listed for sale$1,398,000+921.4%$597/sqft
        Source: Apartment Advisors, LLC #201607164 Report a problem
        10/10/2015Listing removed$1,145
        Source: Apartment Advisors LLC - Property # 142493 Report a problem
        9/30/2015Price change$1,145-4.2%
        Source: Apartment Advisors LLC - Property # 142493 Report a problem
        9/25/2015Listed for rent$1,195$1/sqft
        Source: Apartment Advisors LLC - Property # 142493 Report a problem
        6/15/2015Sold$136,875-87.5%$58/sqft
        Source: Public Record Report a problem
        12/30/2010Sold$1,095,000+65.9%$468/sqft
        Source: Public Record Report a problem
        9/6/2007Sold$660,000$282/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,122 +0%$1,177,700 +0%
        2024$4,121 +0.3%$1,177,400 +0.3%
        2023$4,107 +6.5%$1,173,500 +6.5%
        2022$3,856 $1,101,700 +11.7%
        2021-- $986,300 -4.8%
        2020$3,626 +15.8%$1,035,900 +15.8%
        2019$3,132 +9.5%$894,800 +9.5%
        2018$2,861 -8.1%$817,400 -8.1%
        2017$3,114 +14.9%$889,800 +14.9%
        2016$2,711 -7.7%$774,700 -7.7%
        2015$2,937 $839,200 +9.1%
        2014-- $769,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: McCully

        Getting around

        97 / 100
        Walker's Paradise
        69 / 100
        Good Transit
        99 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lunalilo
        • Middle: Washington
        • High: Kaimuki

        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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