| Description | Investor Opportunity – Honolulu Multifamily with Built-In Upside - 9 units | 2bd/1ba - 8 | Studio -1 AND 9 Parking stalls (2 covered). Apartment building located in the heart of Moiliili—one of Honolulu’s most established and consistently high-demand rental submarkets—717 Hausten Street offers immediate upside for investors. Stabilized asset with immediate value-add potential as units are leased below market and a clear value-add opportunity through rent adjustments. Significant capital improvements include asbestos abatement (2010), major plumbing/sewer upgrades (2019), new roof (2020), firehose replacement (2021), laundry plumbing (2023), and new mailboxes with completed spalling repairs (2025). This turnkey legacy investment property features copper gutters, 2 security cameras, fresh exterior paint, and ongoing preventative maintenance. With strong tenant demand and proximity to transit, schools, and retail, this is an IDEAL opportunity for investors seeking durable income, long-term investment, and a foothold in one of metro Honolulu’s most consistent rental markets! |
|---|---|
| Status | Sold since 08-05-2025 |
| MLS# | 202515972 |
| Price | $2,995,000 |
| Original Price | $2,995,000 |
| Price Change | (0.00%) |
| Studio Units | 1 |
| One Bed Units | 0 |
| Two Bed Units | 8 |
| Three Bed Units | 0 |
| Living Sq Ft | 5,265 |
| Land Sq Ft | 6,483 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 717 Hausten Street Honolulu HI 96826 |
| Region | Metro |
| Neighborhood | Moiliili |
| Days on Market | 8 |
| Year Built | 1969 |
| Condition | Above Average |
| View | City, Mountain |
| Parking | Assigned |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $532 |
| Assessed Land | $1,497,500 |
| Assessed Building | $326,000 |
| Assessed Total | $1,823,500 |
| Assessed Ratio | 164% |
| Utilities | Cable, Internet, Overhead Electricity, Water |
| Construction | Hollow Tile, Masonry/Stucco |
| Lot Features | Other |
| Disclosures | See Remarks |
| Land Recorded | Land Court |
| Possession | At Closing |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Other |
| Easements | None |
| Parcel # | 1-2-7-011-021-0000 |
| Listing courtesy of | Koi Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 09-28-2025 | 202515972 | Sold | P | S | $2,995,000 | $3,100,000 | $1,823,500 | $1,497,500 | $326,000 |
| 09-04-2025 | 202515972 | Pending | C | P | $2,995,000 | $3,100,000 | $1,823,500 | $1,497,500 | $326,000 |
| 08-13-2025 | 202515972 | Active Under Contract | A | C | $2,995,000 | $3,100,000 | $1,823,500 | $1,497,500 | $326,000 |
| 08-05-2025 | 202515972 | New Listing | A | $2,995,000 | $3,100,000 | $1,823,500 | $1,497,500 | $326,000 |
View the public schools for this property · Google Maps · Supermarkets · Schools · Hospitals · Restaurants · Beaches · City Tax Record / Plat Map · View beach access points all over Oahu · Buyer Closing Cost Calculator · Seller Closing Cost Calculator
