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MLS: 202506689 (Active - For Sale)
 
Asking Price: $1,100,000 FS - Fee Simple
Type: Multi-Family
District: Metro
Address: 516 Panui Street, Honolulu, HI
Neighborhood: Liliha
Land Area: 2,800 SF
Parking: Open
Amenities: Storage
Days on Market: 21
Year Built: 1972
Zoning: 07 - R-3.5 Residential District
Land Recorded: Regular System
Property Taxes: $281
Assessed Value: $965,000
Assessed Ratio: 113.99%
Listing Courtesy: Ivy K Realty, LLC
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All Multi-Family Homes For Sale in Liliha


High-Yield Investment Property - 4 Units! Discover an exceptional investment opportunity at 516 Panui St.! This property has been thoughtfully remodeled and reconfigured to maximize cash flow. It now boasts four distinct units: a spacious 3-bedroom/1-bathroom, a comfortable 2-bedroom/1-bathroom, and two efficient 1-bedroom/1-bathroom units (note: bedroom and bathroom counts may not align with tax records). Benefit from recent updates including electrical and plumbing redone approximately 10 years ago. Tenants will appreciate the convenience of 4 dedicated parking stalls and a community washer/dryer. Currently generating approximately $6,700 per month in gross rental income, this property offers strong income potential. The location is incredibly convenient, placing tenants just minutes from the vibrant energy of Chinatown, Downtown Honolulu's business center, and offering quick access to freeway on/off ramps. This is a ready-to-go investment property in a highly desirable location! Will update expenses shortly. First Open Sunday, March 16, 2025, 1-4pm!

1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
20141202006/09/201410/13/2014$588,000$650,200

1 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath05/14/202408/23/2024$1,000,000$856,885
Average Price:  $856,885

 
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