This is a well-located 7-unit multifamily investment opportunity in the heart of Honolulu. Built in 1961, this two-story apartment
building offers a clean, all one-bedroom/one-bath unit mix - an efficient, easy-to-manage configuration that appeals to a broad
renter pool and simplifies ongoing operations for an investor. Below Market Rents.
Active
$1,995,000
735 Pumehana St, Honolulu, HI 96826
--beds
0baths
3,524sqft
Multi Family
Built in 1961
-- sqft lot
$1,908,300 Zestimate®
$566/sqft
$-- HOA
What's special
- 23 days
- 215
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alan J Christopher 808-942-7100,
CBI Residential Advisory Svcs.
Source: HiCentral MLS,MLS#: 202615815
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: None
Interior area
- Total structure area: 3,524
- Total interior livable area: 3,524 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Tandem
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
Lot
- Features: Cleared, Level
- Topography: Level
Details
- Parcel number: 1230330090000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hollow Tile, Concrete
Condition
- Good Condition
- Year built: 1961
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Mccully
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $566/sqft
- Tax assessed value: $1,217,300
- Annual tax amount: $4,241
- Date on market: 8/17/2026
- Total actual rent: 8750
- Tenant pays: Air Conditioning, Cable TV, Electricity
Estimated market value
$1,908,300
$1.81M - $2.00M
$2,320/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $1,995,000+11%$566/sqft |
Source:  HiCentral MLS #202615815 Report a problem | ||
| 3/5/1998 | Sold | $1,797,600$510/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,217,300 +0.5% |
| 2025 | $4,241 +0.4% | $1,211,700 +0.4% |
| 2024 | $4,223 -0.1% | $1,206,700 -0.1% |
| 2023 | $4,228 +10.9% | $1,208,000 +10.9% |
| 2022 | $3,812 +3% | $1,089,100 +3% |
| 2021 | $3,702 -1.6% | $1,057,700 -1.6% |
| 2020 | $3,763 +0.1% | $1,075,000 +0.1% |
| 2019 | $3,759 +6.7% | $1,074,100 +6.7% |
| 2018 | $3,522 +1.4% | $1,006,300 +1.4% |
| 2017 | $3,473 +6.5% | $992,400 +6.5% |
| 2016 | $3,260 -3% | $931,500 -3% |
| 2015 | $3,362 | $960,700 +3.2% |
| 2014 | -- | $930,500 |
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
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