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!
Active
$1,425,000
1812 Algaroba St, Honolulu, HI 96826
--beds
0baths
2,340sqft
Multi Family
Built in 1953
-- sqft lot
$1,386,700 Zestimate®
$609/sqft
$-- HOA
What's special
- 69 days
- 267
- 11
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#: 202612630
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
$1,386,700
$1.32M - $1.46M
$2,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $1,425,000-4.7%$609/sqft |
Source: | ||
| 7/2/2026 | Listing removed | $1,495,000$639/sqft |
Source: | ||
| 2/7/2026 | Listed for sale | $1,495,000-20.4%$639/sqft |
Source: | ||
| 12/13/2023 | Listing removed | $1,879,000$803/sqft |
Source: | ||
| 3/9/2023 | Listed for sale | $1,879,000$803/sqft |
Source: | ||
| 12/1/2022 | Listing removed | $1,879,000$803/sqft |
Source: | ||
| 8/12/2022 | Price change | $1,879,000-1.1%$803/sqft |
Source: | ||
| 4/29/2022 | Listed for sale | $1,899,000$812/sqft |
Source: | ||
| 4/27/2022 | Contingent | $1,899,000$812/sqft |
Source: | ||
| 4/23/2022 | Listed for sale | $1,899,000+50.1%$812/sqft |
Source: | ||
| 5/26/2020 | Listing removed | $1,395$1/sqft |
Source: 350 chapala llc Report a problem | ||
| 5/20/2020 | Price change | $1,395-3.8%$1/sqft |
Source: 350 chapala llc Report a problem | ||
| 3/12/2020 | Price change | $1,450+21.3%$1/sqft |
Source: Avail Report a problem | ||
| 1/24/2020 | Listed for rent | $1,195+4.4%$1/sqft |
Source: 350 chapala llc Report a problem | ||
| 7/11/2018 | Sold | $1,265,000-2.5%$541/sqft |
Source: Public Record Report a problem | ||
| 4/12/2018 | Listed for sale | $1,298,000-2%$555/sqft |
Source: Apartment Advisors, LLC #201809364 Report a problem | ||
| 7/11/2017 | Listing removed | $1,325,000$566/sqft |
Source: Apartment Advisors, LLC #201708770 Report a problem | ||
| 12/9/2016 | Price change | $1,325,000-5.2%$566/sqft |
Source: Apartment Advisors, LLC #201607164 Report a problem | ||
| 4/16/2016 | Listed for sale | $1,398,000+921.4%$597/sqft |
Source: Apartment Advisors, LLC #201607164 Report a problem | ||
| 10/10/2015 | Listing removed | $1,145 |
Source: Apartment Advisors LLC - Property # 142493 Report a problem | ||
| 9/30/2015 | Price change | $1,145-4.2% |
Source: Apartment Advisors LLC - Property # 142493 Report a problem | ||
| 9/25/2015 | Listed for rent | $1,195$1/sqft |
Source: Apartment Advisors LLC - Property # 142493 Report a problem | ||
| 6/15/2015 | Sold | $136,875-87.5%$58/sqft |
Source: Public Record Report a problem | ||
| 12/30/2010 | Sold | $1,095,000+65.9%$468/sqft |
Source: Public Record Report a problem | ||
| 9/6/2007 | Sold | $660,000$282/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,186,500 +0.7% |
| 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.Climate risks
Neighborhood: McCully
Nearby schools
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.







