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1538 Martin Street, Honolulu, HI, 96819
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1538 Martin Street, Honolulu, HI 96819

$1,980,000 Multi-Family Home expired 6,936 sqft Neighborhood:  Kalihi-lower
5 min walk to Kamehameha Community Park
8 min drive to the beach
8 min drive to Point Panic
7 min drive to Flies
About lifestyles
RARELY available. Excellent opportunity for investors! Two large, two-story hollow tile homes on one lot. Great location. Live in one and rent out the other. 7 rental units. Owner lives in the 2-bedroom unit. 1st house has three (2 bdrm/1 bath units) and one (3 bdrm/2-bath unit). 2nd house has two (2 bdrm/1-bath units) and one (3 bdrm/2 bath unit). 11 parking stalls. Shared coin washer and dryers. Water and Electricity paid by tenants. Tax records do not match bedrooms and bathrooms.
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Multi-family details

2002 year built
  • Year Built 2002
  • Year Remodeled 2003
  • Original list price $1,980,000
  • Days on market 1178
  • Building type Multi Dwellings
  • Price per sqft $285/sqft
  • Address

    1538 Martin Street, Honolulu, HI, 96819

  • Neighborhood Kalihi-lower
  • Land tenure FS - Fee Simple
  • Land SqFt 8,034 sqft
  • View City, Mountain, Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$10,096
Taxes
$467
HOA dues
$0
$10,563 per month
Mortgage
Down payment
$396,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $10,096 / month

Neighborhood: Kalihi-lower

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
16.17 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

7 total units
# of 1 Bd
0
# of 2 Bd
5
# of 3 Bd
2
Total Units
7

Amenities & Features

11 parking places
Stories
Two
Roof
Asphalt Shingle, Composition
Construction
Concrete, Double Wall, Hollow Tile, Other
Utilities
Gas, Overhead Electricity, Public Water
Property Condition
Above Average
Parking
Covered, Open, Tandem
nr.of parking places
11
Amenities
Other, Storage

Income

Net Operating Income: $100,094
Total Actual Rent
$9,450
Total Annual Operating Expenses
$15,106
Total Income
$9,600
Net Operating Income
$100,094

Kalihi-lower prices

Average price $508.46k
Neighborhood average sales price*
$508.46k
Neighborhood median sales price*
$364.6k
Number or sales*
21
Street median sales price*
$280k
Median sale price Rycroft Terrace*
$280k
*last 6 months

Schools

15 schools with rating up to 9
School rating Distance
7
out of 10
Kalihi Waena Elementary School
1240 Gulick Ave, Honolulu, HI 96819
Elementary School
0.275mi
1
out of 10
Governor Sanford B Dole Middle School
1803 Kamehameha IV Rd, Honolulu, HI 96819
Middle School
0.313mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
High School
0.437mi
School rating Distance
7
out of 10
Kalihi Waena Elementary School
1240 Gulick Ave, Honolulu, HI 96819
0.275mi
NR
Linapuni Elementary School
1434 Linapuni St, Honolulu, HI 96819
0.309mi
9
out of 10
Kapalama Elementary School
1601 North School St, Honolulu, HI 96817
0.35mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.437mi
4
out of 10
Kaewai Elementary School
1929 Kamehameha Iv Rd, Honolulu, HI 96819
0.502mi
School rating Distance
1
out of 10
Governor Sanford B Dole Middle School
1803 Kamehameha IV Rd, Honolulu, HI 96819
0.313mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.437mi
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.562mi
NR
St. John the Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.576mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.623mi
School rating Distance
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.437mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.523mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.623mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
1.203mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
1.267mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jun 18, 2021
Date Event Price $/sqft Source
Jun 18, 2021 Sold $1,920,000 +28% from last sold price $276.82 Public Record
May 6, 2021 Under contract $1,980,000 $285.47 MLS #202028760
Nov 6, 2020 New Listing $1,980,000 -4.81% $285.47 MLS #202028760
Aug 28, 2015 Expired $2,080,000 $299.88 MLS #201417363
Mar 1, 2015 Price Decrease $2,080,000 -3.26% $299.88 MLS #201417363
Aug 28, 2014 New Listing $2,150,000 +43.33% $309.98 MLS #201417363
Jan 21, 2014 Sold $1,500,000 -1.96% from last sold price $216.26 Public Record
Nov 13, 2013 In Escrow - not showing $1,530,000 $220.59 MLS #201335118
Nov 6, 2013 New Listing $1,530,000 $220.59 MLS #201335118
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Tax & MLS details 1538 Martin Street, Honolulu, HI, 96819

07 - R-3.5 Residential District zoning / MLS #202028764
Current Property Taxes p/month
$467
Property Tax Year
2020
Assessed Improvement value
$650,900
Assessed Land value
$1,090,900
TMK
1-1-3-015-042-0000
Land Recorded
Regular System
Zoning
07 - R-3.5 Residential District
Flood Zone
Zone X
Topography
Level
Location
Corner
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$1,741,800
Listed by
Locations LLC
MLS #
202028764
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Recently sold nearby 1538 Martin Street in Kalihi-lower

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Frequently asked questions for 1538 Martin Street

When was this multi-family home built and last sold?

This house was build in 2002.

What is the full address of this multi-family home?

1538 Martin Street, Honolulu, HI, 96819.

Are there beaches near 1538 Martin Street?

The nearest beach is 2.267 miles away. It should take about 8 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Locations LLC. 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 July 06, 2021.
Hawaii House Last checked 4 minutes ago.

Multi-Family Home expired $1,980,000 1538 Martin Street, Honolulu, HI, 96819 6,936 sqft Save House Remove from Saved