Investor Opportunity – Honolulu Multifamily with Built-In Upside - 9 units | 2bd/1ba - 8 | Studio -1 AND 9 Parking stalls (2 covered). Apartment building located in the heart of Moiliili—one of Honolulu’s most established and consistently high-demand rental submarkets—717 Hausten Street offers immediate upside for investors. Stabilized asset with immediate value-add potential as units are leased below market and a clear value-add opportunity through rent adjustments. Significant capital improvements include asbestos abatement (2010), major plumbing/sewer upgrades (2019), new roof (2020), firehose replacement (2021), laundry plumbing (2023), and new mailboxes with completed spalling repairs (2025). This turnkey legacy investment property features copper gutters, 2 security cameras, fresh exterior paint, and ongoing preventative maintenance. With strong tenant demand and proximity to transit, schools, and retail, this is an IDEAL opportunity for investors seeking durable income, long-term investment, and a foothold in one of metro Honolulu’s most consistent rental markets!
Closed
$3,100,000
717 Hausten St, Honolulu, HI 96826
--beds
0baths
5,265sqft
Multi Family
Built in 1969
-- sqft lot
$3,094,900 Zestimate®
$589/sqft
$2,280 Estimated rent
Home value
$3,094,900
$2.88M - $3.31M
$2,280/mo
Zestimate® history
Owner options
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$13,829/mo
Est. payment
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$13,829/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Will Tanaka 808-429-0341,
Koi Realty,
Leonie Lam 808-429-0341,
Koi Realty
Bought with:
Maggie L Huang, RB-22050
Compass
Source: HiCentral MLS,MLS#: 202515972
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: Coin-operated
Interior area
- Total structure area: 5,265
- Total interior livable area: 5,265 sqft
Property
Parking
- Total spaces: 9
- Parking features: Assigned
Features
- Levels: Three Or More
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Features: Other, Level
- Topography: Level
Details
- Parcel number: 1270110210000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Masonry, Stucco
Condition
- Good Condition
- Year built: 1969
Utilities & green energy
- Sewer: Connected
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
Community & neighborhood
Community
- Community features: None, Other, Storage Facilities
Location
- Region: Honolulu
- Subdivision: Moiliili
HOA & financial
Other financial information
- Total actual rent: 14050
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $3,100,000+3.5%$589/sqft |
Source:  HiCentral MLS #202515972 Report a problem | ||
| 9/5/2025 | Pending sale | $2,995,000$569/sqft |
Source: HiCentral MLS #202515972 Report a problem | ||
| 8/13/2025 | Contingent | $2,995,000$569/sqft |
Source: HiCentral MLS #202515972 Report a problem | ||
| 8/5/2025 | Listed for sale | $2,995,000$569/sqft |
Source: HiCentral MLS #202515972 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/4/2015 | Listing removed | $1,000 |
Source: Owner Report a problem | ||
| 8/11/2015 | Listed for rent | $1,000+11.1% |
Source: Owner Report a problem | ||
| 7/18/2013 | Listing removed | $900 |
Source: B & J, Inc. Report a problem | ||
| 7/2/2013 | Price change | $900-5.3% |
Source: B & J, Inc. Report a problem | ||
| 6/19/2013 | Price change | $950-4.5% |
Source: B & J, Inc. Report a problem | ||
| 6/5/2013 | Listed for rent | $995+4.7% |
Source: B & J, Inc. Report a problem | ||
| 2/22/2012 | Listing removed | $950 |
Source: B & J, Inc. Report a problem | ||
| 11/17/2011 | Listed for rent | $950 |
Source: B & J, Inc. Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,382 | $1,823,500 |
| 2024 | $6,382 +5.3% | $1,823,500 +5.3% |
| 2023 | $6,059 +5.2% | $1,731,200 +5.2% |
| 2022 | $5,759 +2.6% | $1,645,400 +2.6% |
| 2021 | $5,611 -11.8% | $1,603,000 -11.8% |
| 2020 | $6,359 +6.7% | $1,816,800 +6.7% |
| 2019 | $5,958 +13.9% | $1,702,400 +13.9% |
| 2018 | $5,232 -0.6% | $1,494,900 -0.6% |
| 2017 | $5,265 +3.5% | $1,504,200 +3.5% |
| 2016 | $5,085 +5% | $1,452,900 +5% |
| 2015 | $4,843 | $1,383,700 +6.3% |
| 2014 | -- | $1,301,500 |
Find assessor info on the county website
Neighborhood: Moiliili
Nearby schools
GreatSchools rating
- 5/10Prince Jonah Kuhio Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10President George Washington Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Kaimuki High SchoolGrades: 9-12Distance: 0.6 mi
Sell for more on Zillow
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$3,094,900
2% more
+$61,898
With Zillow Showcase(estimated)
$3,156,798
- Hawaii
- Honolulu County
- Honolulu
- 96826
- Moiliili
- 717 Hausten St
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