| Description | PRIME TOWN LOCATION + INCOME OPPORTUNITY! Well-maintained and versatile legal 2-unit property in a convenient Honolulu location, offering an excellent opportunity for an owner-occupant or investor. Live in one unit while renting the other or take advantage of the property’s income-producing potential. The upstairs 3-bedroom/2-bath unit features a spacious 120-sq-ft rear lanai, while the downstairs 1-bedroom/1-bath unit offers additional flexibility. The property also includes a separate rec room with wet bar and bath rented separately. Three separate electrical meters, two water meters, washer/dryer setups, window AC, and a 2-car carport add convenience and functionality. Enjoy a private side yard with mature fruit-bearing mountain apple, avocado, and lime trees. Conveniently located near Downtown Honolulu, Waikiki, UH, shopping, restaurants, freeway access, hospitals, and Honolulu International Airport. A unique opportunity to own a flexible, income-producing property with valuable outdoor space in town. |
|---|---|
| Status | Active since 09-12-2026 |
| MLS# | 202617450 |
| Price | $1,200,000 |
| Original Price | $1,200,000 |
| Price Change | (0.00%) |
| Studio Units | 1 |
| One Bed Units | 1 |
| Two Bed Units | 0 |
| Three Bed Units | 1 |
| Living Sq Ft | 2,040 |
| Land Sq Ft | 2,378 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1025 Spencer Street Honolulu HI 96822 |
| Region | Metro |
| Neighborhood | Punchbowl Area |
| Days on Market | 15 |
| Year Built | 1963 |
| Year Remodeled | 2018 |
| Condition | Above Average |
| View | Sunrise, Sunset |
| Parking | Assigned, Covered |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $441 |
| Assessed Land | $808,200 |
| Assessed Building | $304,700 |
| Assessed Total | $1,112,900 |
| Assessed Ratio | 108% |
| Utilities | Cable, Overhead Electricity, Public Water, Sewer Fee, Telephone |
| Construction | Hollow Tile, Single Wall, Slab |
| Lot Features | Clear |
| Disclosures | Property Disclosure Stmt |
| Land Recorded | Land Court |
| Possession | Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition, Other |
| Easements | Electric, Other, Sewer, Water |
| Parcel # | 1-2-4-016-067-0001 |
| Listing courtesy of | Tsujimura & Associates, LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-13-2026 | 202617450 | New Listing | A | $1,200,000 | $0 | $1,112,900 | $808,200 | $304,700 |
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