| Description | Rare Multi Unit Investment Opportunity in Pauoa Valley Exceptional opportunity to acquire three dwellings comprising six 2-bedroom, 1-bath units in desirable Pauoa Valley. This offering includes three TMKs: 1-2-2-11-15-1, 1-2-2-11-15-2, and 1-2-2-11-15-3, with each unit separately addressed as 2138, 2138-A, 2138-B, 2138-C, 2138-D, and 2138-E Kanealii Ave.Units have been updated over time as tenants vacate, supporting ongoing value and rental appeal. Each dwelling is equipped with photovoltaic (PV) systems, and all units are separately metered with individual laundry, hot water, and dedicated parking features that help streamline management and attract long-term tenants. Located in a convenient, centrally situated neighborhood with multiple commuting options to downtown Honolulu, major hospitals, and universities. The property has a history of being consistently fully tenanted, making it a strong addition to any investment portfolio. Adjacent property at 2134 Kanealii Ave. is also available for purchase. |
|---|---|
| Status | Sold since 04-29-2026 |
| MLS# | 202608474 |
| Price | $2,450,000 |
| Original Price | $2,450,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 0 |
| Two Bed Units | 6 |
| Three Bed Units | 0 |
| Living Sq Ft | 3,120 |
| Land Sq Ft | 8,727 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 2138 Kanealii Avenue Honolulu HI 96813 |
| Region | Metro |
| Neighborhood | Pauoa Valley |
| Days on Market | 43 |
| Year Built | 2000 |
| Year Remodeled | 2021 |
| Condition | Above Average |
| View | City, Mountain |
| Parking | Assigned, Open, Unassigned |
| Zoning | 07 - R-3.5 Residential District |
| Flood Zone | Zone X |
| Tax Amount | $775 |
| Assessed Land | $2,403,300 |
| Assessed Building | $621,900 |
| Assessed Total | $3,025,200 |
| Assessed Ratio | 81% |
| Utilities | Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water |
| Construction | Single Wall, Wood Frame |
| Lot Features | Clear |
| Disclosures | Photovoltaic |
| Land Recorded | Dual Systems |
| Possession | At Closing, Negotiable |
| Sale Conditions | None |
| Topography | Gentle Slope, Level |
| Roofing | Wood Shake |
| Easements | None |
| Parcel # | 1-2-2-011-015-0001 |
| Listing courtesy of | Agora Hawaii |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 07-30-2026 | 202608474 | Sold | C | S | $2,450,000 | $2,400,000 | $3,025,200 | $2,403,300 | $621,900 |
| 06-11-2026 | 202608474 | Active Under Contract | A | C | $2,450,000 | $2,400,000 | $3,025,200 | $2,403,300 | $621,900 |
| 04-29-2026 | 202608474 | New Listing | A | $2,450,000 | $2,400,000 | $3,025,200 | $2,403,300 | $621,900 | |
| 12-31-2025 | 202520182 | Cancelled | A | W | $2,450,000 | $0 | $3,025,200 | $2,403,300 | $621,900 |
| 09-12-2025 | 202520182 | New Listing | A | $2,450,000 | $0 | $3,025,200 | $2,403,300 | $621,900 | |
| 11-19-2024 | 202415892 | Cancelled | A | W | $2,750,000 | $0 | $2,830,200 | $2,307,300 | $522,900 |
| 09-19-2024 | 202415892 | Price Decrease | $2,895,000 | $2,750,000 | $2,750,000 | $0 | $2,830,200 | $2,307,300 | $522,900 |
| 07-13-2024 | 202415892 | New Listing | A | $2,750,000 | $0 | $2,830,200 | $2,307,300 | $522,900 |
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