Excellent central Honolulu location in BMX-3 zoning offering outstanding development potential. Currently fully-occupied, this multi-family property generates a solid gross annual rental income of $80,940, with tenants paying electricity. The property features two structures: a 2-story front building with four 1-bedroom/1-bath units, and a single-level back structure with two studio units sharing one bathroom. A residential use dedication for property tax runs through 2027. Strong rental demand, stable occupancy, and long-term upside make this an exceptional opportunity for investors or developers seeking both reliable income and future growth in a prime Honolulu locale.
282 days
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15
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0
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Zillow last checked:
Listing updated:
Listed by:
Julian Young808-888-9312,
Real Estate Strategies, LLC,
Pauline C Michelman808-454-3438,
Collective Hawaii RE
Source: HiCentral MLS,MLS#: 202520786
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 0
Appliances
Included: Washer
Interior area
Total structure area: 2,720
Total interior livable area: 2,720 sqft
Property
Parking
Total spaces: 6
Parking features: Covered, Open, Tandem
Has uncovered spaces: Yes
Features
Levels: One,Two
Stories: 1
Has view: Yes
View description: City
Lot
Features: Cleared, Level
Topography: Level
Details
Parcel number: 1280100060000
Zoning description: 33 - BMX-3 Community Business M
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Wood Frame
Foundation: Slab
Condition
Average Condition,Good Condition
Year built: 1941
Major remodel year: 2025
Utilities & green energy
Sewer: Connected
Water: Public
Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected