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  • $1,450,000

    507 Hiram Ln, Honolulu, HI 96817

    --beds
    0baths
    3,660sqft
    Multi Family
    Built in 1923
    -- sqft lot
    $1,440,300 Zestimate®
    $396/sqft
    $2,196 Estimated rent

    Home value

    $1,440,300

    $1.34M - $1.54M

    $2,196/mo

    Zestimate® history
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    What's special

    TAKE A CLOSER LOOK — RARE FIND IN LILIHA! Tucked away on Hiram Lane just off Liliha Street, this unique B-2 zoned property offers a tremendous investment opportunity with two TMKs sold together (TMK: 1-1-7-033-046 & 1-1-7-033-047). This multi-unit property features two buildings: Building 1: Four 2-bedroom, 1-bath units. Building 2: Three 2-bedroom, 1-bath units + One 1-bedroom, 1-bath unit. With B-2 zoning and City & County Ordinance 25-2 allowing multi-unit dwellings in B-1 and B-2 zones with commercial space, the potential here is undeniable. While the buildings are in need of updating, this is a perfect opportunity for a visionary developer or investor to transform a diamond in the rough. Let’s talk details—call today to schedule a private showing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kay M Mukaigawa 808-479-9090,

    Engel & Volkers Honolulu,

    Carol L Kage 808-371-3270,

    Engel & Volkers Honolulu

    Bought with:

    Brian Chua, RB-21314

    Five Star Realty, Inc.

    Source: HiCentral MLS,MLS#: 202514318MLS LogoOriginating MLS: HI Central

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: Coin-operated
    Interior area
    • Total structure area: 3,660
    • Total interior livable area: 3,660 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Has uncovered spaces: Yes
    • Details: None
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,014 Square Feet
    • Features: Cleared, Cul-De-Sac, Interior Lot, Level
    • Topography: Level
    Details
    • Parcel number: 1170330470000
    • Zoning description: 32 - B-2 Community Business Dis
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Single Wall, Wood Frame
    • Roof: Other
    Condition
    • Average Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Liliha
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $396/sqft
    • Tax assessed value: $1,276,900
    • Annual tax amount: $15,855
    • Date on market: 6/18/2025
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Conventional,1031 Exchange
    • Total actual rent: 1
    • Tenant pays: Cable TV, Electricity

    Price history

    DateEventPrice
    9/8/2025Sold$1,450,000+16%$396/sqft
    Source: HiCentral MLS #202514318 Report a problem
    6/30/2025Contingent$1,250,000$342/sqft
    Source: HiCentral MLS #202514318 Report a problem
    6/18/2025Listed for sale$1,250,000$342/sqft
    Source: HiCentral MLS #202514318 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,705 $460,100
    2024-- $460,100 +4.9%
    2023$5,440 +5.1%$438,700 +5.1%
    2022$5,175 $417,300
    2021$5,175 +2.6%$417,300 +2.6%
    2020$5,042 +5.6%$406,600 +5.6%
    2019$4,776 +5.9%$385,200 +5.9%
    2018$4,511 -7.3%$363,800 -7.3%
    2017$4,866 +3.1%$392,400 +3.1%
    2016$4,718 +6.7%$380,500 +6.7%
    2015$4,423 $356,700
    Find assessor info on the county website

    Neighborhood: Liliha

    Nearby schools

    GreatSchools rating
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    $1,440,300
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    With Zillow Showcase(estimated)
    $1,469,106