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1578 Pele Street, Honolulu, HI 96813
Multi-Unit Investment Opportunity in Prime Punchbowl Location with beautiful ocean, sunset, mountain, and city views from the balcony! A rare find in the Punchbowl area! This versatile property features two separate structures with a total of five units, offering an incredible investment opportunity. With four units currently generating $5,650 in monthly rental income, the recently renovated 3-bedroom unit provides flexibility—live on-site or rent it out for even more revenue! The property includes a carport for three vehicles, copper piping in the main unit, and a highly desirable location with proximity to UH Manoa, HPU, community colleges, hospitals, downtown, and major conveniences. Investor-friendly and tenant-occupied—please allow 48-hour notice for showings. Do not disturb tenants. Don’t miss this chance to own a fantastic income-producing property in a prime Honolulu location!
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Multi-family details
1956 year built
- Year Built 1956
- Year Remodeled 2026
- Days on market 9
- Price per sqft $440/sqft
-
Address
1578 Pele Street, Honolulu, HI, 96813
- Frontage Other
- Neighborhood Punchbowl Area
- Land tenure FS - Fee Simple
- Land SqFt 4,656 sqft
- View City, Mountain, Ocean, Sunset
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$8,153
Taxes
$636
HOA dues
$0
Mortgage
Down payment
$319,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$8,153 / month
Neighborhood: Punchbowl Area
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
—
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
13.33 / 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
Unit Information
5 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
5
Amenities & Features
3 parking places
Stories
Two
Furnished
Partial
Construction
Above Ground, Other, Single Wall, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Average
Parking
Covered, Unassigned
nr.of parking places
3
Amenities
A/C
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Punchbowl Area prices
Average price $1.15m
Neighborhood average sales price*
$1.15m
Neighborhood median sales price*
$1.19m
Number or sales*
4
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
Elementary School
|
0.181mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Middle School
|
0.328mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
High School
|
0.328mi |
| School rating | Distance | |
|---|---|---|
|
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.181mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.328mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.392mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.425mi | |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.558mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.328mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.328mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.392mi | |
|
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.393mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.425mi |
| School rating | Distance | |
|---|---|---|
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.328mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.328mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.356mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.392mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.605mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Tax & MLS details 1578 Pele Street, Honolulu, HI, 96813
MLS #202607167
Current Property Taxes p/month
$636
Assessed Improvement value
$457,700
TMK
1-2-2-003-017-0000
Flood Zone
Zone X
Topography
Down Slope
Lot Description
Other
Total Assessed value
$1,428,300
Listed by
Coldwell Banker Island Prop
MLS #
202607167
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 1578 Pele Street
When was this multi-family home built and last sold?
This house was build in 1956.
What is the full address of this multi-family home?
1578 Pele Street, Honolulu, HI, 96813.
Are there beaches near 1578 Pele Street?
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 Coldwell Banker Island Prop. 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 April 08, 2026.
Hawaii House Last checked 1 minute ago.
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