| Description | Prime investment opportunity at 1830 Punahou Street, a premier multi-family residential property situated in Makiki across from Punahou School. Fully leased 16 residential units, consisting of 9 one-bedrooms and 7 two-bedrooms, providing immediate cash flow with clear upside rental potential. This fee-simple property offers tenants close proximity to top-rated schools, medical hubs, dining, and public transit. Residents enjoy effortless access to downtown Honolulu, Ala Moana and Waikiki. Features concrete hollow tile construction, private lanais, and 1 dedicated parking stall per unit. An ideal investment for long-term growth. |
|---|---|
| Status | Contract since 08-18-2026 |
| MLS# | 202614412 |
| Price | $5,500,000 |
| Original Price | $5,500,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 9 |
| Two Bed Units | 7 |
| Three Bed Units | 0 |
| Living Sq Ft | 6,220 |
| Land Sq Ft | 9,375 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 1830 Punahou Street Honolulu HI 96822 |
| Region | Metro |
| Neighborhood | Makiki Area |
| Days on Market | 11 |
| Year Built | 1966 |
| Condition | Above Average |
| View | City, Mountain |
| Parking | Assigned |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Elementary | Lincoln |
| Middle | Stevenson |
| High | Roosevelt |
| Tax Amount | $776 |
| Assessed Land | $1,780,500 |
| Assessed Building | $952,800 |
| Assessed Total | $2,733,300 |
| Assessed Ratio | 201% |
| Utilities | Cable, Internet, Public Water, Underground Electricity, Water |
| Construction | Concrete, Hollow Tile, Slab |
| Lot Features | Clear |
| Disclosures | 1031 Exchange |
| Land Recorded | Regular System |
| Possession | Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Other |
| Easements | Street Widening |
| Parcel # | 1-2-4-023-003-0000 |
| Listing courtesy of | Coldwell Banker Island Prop |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-31-2026 | 202614412 | Active Under Contract | A | C | $5,500,000 | $0 | $2,733,300 | $1,780,500 | $952,800 |
| 08-19-2026 | 202614412 | New Listing | A | $5,500,000 | $0 | $2,733,300 | $1,780,500 | $952,800 |
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