| Description | FIRST COMPLETED BILL 7 APARTMENT BUILDING FOR SALE! 311 Puuhue Place is a newly constructed five-story walk-up completed in 2022 under Honolulu's Bill 7 program, consisting of twenty-five one-bedroom units on 5,110 square feet of fee simple A-1 zoned land. The property includes nine parking stalls, bicycle and moped parking, and electricity and water submetering monitored by Ikehu Utility Solutions. Each unit features in-unit waster/dryer, water heater, refrigerator, and stove/oven. Income and expenses stated are proforma. Bill 7 exemptions include real property tax and general excise tax through 2032. Please contact Listor for additional details. PLEASE DO NOT DISTURB TENANTS OR WALK ON THE PEROPERTY WITHOUT PERMISSION. Note: One or more photos may have been enhanced. |
|---|---|
| Status | Active since 12-29-2025 |
| MLS# | 202528027 |
| Price | $7,300,000 |
| Original Price | $7,300,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 25 |
| Two Bed Units | 0 |
| Three Bed Units | 0 |
| Living Sq Ft | 18,414 |
| Land Sq Ft | 5,110 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 311 Puuhue Place Honolulu HI 96817 |
| Region | Metro |
| Neighborhood | Kuakini |
| Days on Market | 272 |
| Year Built | 2022 |
| Condition | Excellent |
| View | City, Mountain |
| Parking | Assigned |
| Zoning | 11 - A-1 Low Density Apartment |
| Flood Zone | Zone X |
| Tax Amount | $25 |
| Assessed Land | $940,300 |
| Assessed Building | $3,104,000 |
| Assessed Total | $4,044,300 |
| Assessed Ratio | 181% |
| Utilities | Cable, Internet, Overhead Electricity, Sewer Fee, Water |
| Construction | Concrete, Wood Frame |
| Lot Features | Other |
| Disclosures | See Remarks |
| Land Recorded | Regular System |
| Possession | At Closing, Subject To Tenancy |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Composition |
| Easements | None |
| Parcel # | 1-1-7-018-061-0000 |
| Listing courtesy of | Marcus Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 12-29-2025 | 202528027 | New Listing | A | $7,300,000 | $0 | $4,044,300 | $940,300 | $3,104,000 |
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