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1156 Alewa Dr, Honolulu, HI 96817
An extremely rare offering to acquire 3 fully detached residential dwellings, located on a single parcel in Honolulu. 2025 renovations increased rental income, lowered risk and maintenance costs. Ideal for an owner occupier to live in the main house and receive significant rental income from 2 improved rental units. Also ideal for 1031 exchange or investors seeking stable NOI coupled with long-term appreciation. Immediate rental income of $5,750/mo. incl. GET can offset mortgage payment, plus potential income of $3,400/mo. incl. GET from the 3rd home can generate a total of $9,150/mo. in rental income. Quiet setting with cool breezes, each house offers 2 bedrooms and 1 bathroom, separate electric meter, washer/dryer, private yard, remodeled kitchen, new appliances and flooring. Located on Alewa Drive, in a desirable neighborhood, just past Assets School. Amazing views of the ocean, downtown Honolulu, and Diamond Head. The roofs are in good condition, convenient and secure exterior storage, and a large covered carport. Please do not disturb tenants or park in the driveway. A few photos have been virtually staged(enhanced).
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Home details
2,395 sqft interior area
- Year Built 1939
- Year Remodeled 2025
- Days on market 3
- Price per sqft $708/sqft
- Beds 6
-
Address
1156 Alewa Dr, Honolulu, HI, 96817
- Total area 2,395 sqft
- Interior area 2,395 sqft
- Land area 8,052 sqft
- nr.of parking places 5
- Property type Multiple Dwellings
- Pool None
- Neighborhood Alewa Heights
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure FS - Fee Simple
- View City, Diamond Head, Ocean
- Virtual Tour View (external link)
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$8,643
Taxes
$372
HOA dues
$0
Mortgage
Down payment
$339,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$8,643 / month
Neighborhood: Alewa Heights
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
14.33 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
5 parking places, Ceramic Tile, Laminate floors
Floors
Ceramic Tile, Laminate
Stories
One
Furnished
None
Construction
Above Ground, Hollow Tile, Single Wall, Slab, Wood Frame
Utilities
Gas, Overhead Electricity, Public Water
Property Condition
Above Average
Amenities
Storage
Inclusions
Attic Fan, Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
Alewa Heights prices
Average price $1.53m
Neighborhood average sales price*
$1.53m
Neighborhood median sales price*
$1.55m
Number or sales*
5
Street median sales price*
$1.48m
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Grace Bible Christian School
1052 Ilima Drive,
Honolulu, HI 96817
Elementary School
|
0.185mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
Middle School
|
0.242mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
High School
|
0.242mi |
| School rating | Distance | |
|---|---|---|
|
Grace Bible Christian School
1052 Ilima Drive,
Honolulu, HI 96817
|
0.185mi | |
|
Maemae Elementary School
319 Wyllie St,
Honolulu, HI 96817
|
0.576mi | |
|
Waolani Judd Nazarene School
408 Judd Street,
Honolulu, HI 96817
|
0.64mi | |
|
Lanakila Elementary School
717 North Kuakini St,
Honolulu, HI 96817
|
0.667mi | |
|
Hawaii Baptist Academy
2429 Pali Highway,
Honolulu, HI 96817
|
0.752mi |
| School rating | Distance | |
|---|---|---|
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.242mi | |
|
Maemae Elementary School
319 Wyllie St,
Honolulu, HI 96817
|
0.576mi | |
|
Waolani Judd Nazarene School
408 Judd Street,
Honolulu, HI 96817
|
0.64mi | |
|
Hawaii Baptist Academy
2429 Pali Highway,
Honolulu, HI 96817
|
0.752mi | |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.795mi |
| School rating | Distance | |
|---|---|---|
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.242mi | |
|
Hawaii Baptist Academy
2429 Pali Highway,
Honolulu, HI 96817
|
0.752mi | |
|
Kamehameha Schools Kapalama Campus
1887 Makuakane Street,
Honolulu, HI 96817
|
0.845mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.893mi | |
|
Governor Wallace Rider Farrington High School
1564 North King St,
Honolulu, HI 96817
|
1.266mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Rented May 5, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 5, 2023 | Rented | $2,000 | $0.84 | MLS #202306105 |
| Apr 11, 2023 | Price Decrease | $2,000 -4.76% | $0.84 | MLS #202306105 |
| Mar 12, 2023 | New Listing rental | $2,100 +16.67% | $0.88 | MLS #202306105 |
| May 28, 2020 | Rented | $1,800 | $0.75 | MLS #202011006 |
| May 14, 2020 | New Listing rental | $1,800 | $0.75 | MLS #202011006 |
| Dec 6, 2019 | Rented | $1,800 | $0.75 | MLS #201932537 |
| Nov 26, 2019 | Price Decrease | $1,800 -5.26% | $0.75 | MLS #201932537 |
| Nov 14, 2019 | New Listing rental | $1,900 -5% | $0.79 | MLS #201932537 |
| May 13, 2019 | Rented | $2,000 | $0.84 | MLS #201910324 |
| Apr 9, 2019 | New Listing rental | $2,000 -9.09% | $0.84 | MLS #201910324 |
| Jan 1, 2019 | Expired | $2,200 | $0.92 | MLS #201829217 |
| Nov 9, 2018 | New Listing rental | $2,200 +22.22% | $0.92 | MLS #201829217 |
| Aug 14, 2018 | Rented | $1,800 | $0.75 | MLS #201817686 |
| Jul 6, 2018 | New Listing rental | $1,800 -5.26% | $0.75 | MLS #201817686 |
| May 26, 2015 | Rented | $1,900 | $0.79 | MLS #201508677 |
| May 21, 2015 | New Listing rental | $1,900 | $0.79 | MLS #201508677 |
Tax & MLS details 1156 Alewa Dr, Honolulu, HI, 96817
MLS #202604525
Current Property Taxes p/month
$372
Assessed Improvement value
$242,200
TMK
1-1-8-033-022-0000
Flood Zone
Zone X
Topography
Gentle Slope,Level,Up Slope
Lot Description
Irregular
Total Assessed value
$1,315,300
Listed by
REMAX Hawaii
(808) 738-3600
(808) 738-3600
MLS #
202604525
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 1156 Alewa Dr
What is 1156 Alewa Dr?
1156 Alewa Dr, Honolulu, HI, 96817 is a single family home located in the Alewa Heights neighborhood of the Honolulu region in the city of Honolulu in zipcode 96817. This single family home has 6 bedrooms & bathrooms with an interior area of 2395 sqft, on a 8052 sqft lot.
When was this home built and last sold?
This house was build in 1939.
What is the full address of this home?
1156 Alewa Dr, Honolulu, HI, 96817.
Are there beaches near 1156 Alewa Dr?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2026 by HiCentral Mls, Ltd. Listing courtesy of REMAX Hawaii. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on March 12, 2026.
Hawaii House Last checked less than a minute ago.
1156 Alewa Dr, Honolulu, HI, 96817 is a single family home located in the Alewa Heights neighborhood
of the Honolulu region in the city of Honolulu in zipcode 96817.
This single family home has 6 bedrooms &
bathrooms with an interior area of 2395 sqft,
on a 8052 sqft lot. This house was build in 1939.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
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