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2281 Palolo Ave, Honolulu, HI, 96816
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2281 Palolo Ave, Honolulu, HI 96816

$1,350,000 Multi-Family Home active under contract 3,304 sqft Neighborhood:  Palolo
24 min walk to Waiomao Slide Area
About lifestyles
Discover a rare gem in Palolo Valley - a spacious family compound now available for the first time in nearly four decades. This expansive property boasts breathtaking views of Diamond Head and the ocean, visible even from ground level. The upper level features a 3-bedroom, 2-bathroom unit with a full kitchen and family room, offering panoramic vistas of iconic Diamond Head and the azure Pacific. Below, you'll find a similar 3-bedroom, 1.5-bathroom unit, complete with its own family room and full kitchen. Additionally, a cozy 1-bedroom apartment with a full bathroom and kitchenette provides extra living space. This versatile property presents endless possibilities. Convert it into a grand single-family residence with an Ohana unit, or seize the opportunity to build your dream home from the ground up on this coveted Palolo Valley lot. With its prime location and generous proportions, this property is perfect for those seeking a multi-generational living arrangement or a lucrative investment opportunity.
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Multi-family details

1946 year built
  • Year Built 1946
  • Year Remodeled 1968
  • Days on market 55
  • Price per sqft $409/sqft
  • Address

    2281 Palolo Ave, Honolulu, HI, 96816

  • Neighborhood Palolo
  • Land tenure FS - Fee Simple
  • Land SqFt 8,823 sqft
  • View Diamond Head, Mountain, Ocean, Sunset

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$6,884
Taxes
$230
HOA dues
$0
$7,114 per month
Mortgage
Down payment
$270,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $6,884 / month

Neighborhood: Palolo

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
11.5 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

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

Amenities & Features

4 parking places
Stories
Two
Furnished
None
Construction
Above Ground, Wood Frame
Utilities
Internet, Public Water, Telephone, Water
Property Condition
Fair
Parking
Covered, Open
nr.of parking places
4
Amenities
None

Income

Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income

Palolo prices

Average price $901.28k
Neighborhood average sales price*
$901.28k
Neighborhood median sales price*
$585k
Number or sales*
23
Street median sales price*
$325k
Median sale price Ono Vista*
$517.5k
*last 6 months

About Palolo

The neighborhood of Palolo is one of last of the more affordable neighborhoods in Honolulu, Oahu. Palolo Valley is an older neighborhood like many of the surrounding neighborhoods. The first homes were built here in the 1920s, but the vast majority of hom Read more

Schools

15 schools with rating up to 8
School rating Distance
7
out of 10
Anuenue School
2528 10th Ave, Honolulu, HI 96816
Elementary School
0.19mi
7
out of 10
Anuenue School
2528 10th Ave, Honolulu, HI 96816
Middle School
0.19mi
7
out of 10
Anuenue School
2528 10th Ave, Honolulu, HI 96816
High School
0.19mi
School rating Distance
7
out of 10
Anuenue School
2528 10th Ave, Honolulu, HI 96816
0.19mi
4
out of 10
Palolo Elementary School
2106 10th Ave, Honolulu, HI 96816
0.384mi
6
out of 10
Noelani Elementary School
2655 Woodlawn Dr, Honolulu, HI 96822
1.289mi
8
out of 10
Manoa Elementary School
3155 Manoa Rd, Honolulu, HI 96822
1.293mi
NR
St Francis School
2707 Pamoa Road, Honolulu, HI 96822
1.322mi
School rating Distance
7
out of 10
Anuenue School
2528 10th Ave, Honolulu, HI 96816
0.19mi
7
out of 10
William P Jarrett Middle School
1903 Palolo Ave, Honolulu, HI 96816
0.621mi
8
out of 10
Manoa Elementary School
3155 Manoa Rd, Honolulu, HI 96822
1.293mi
NR
St Francis School
2707 Pamoa Road, Honolulu, HI 96822
1.322mi
NR
Mid-Pacific Institute
2445 Kaala Street, Honolulu, HI 96822
1.584mi
School rating Distance
7
out of 10
Anuenue School
2528 10th Ave, Honolulu, HI 96816
0.19mi
NR
St Francis School
2707 Pamoa Road, Honolulu, HI 96822
1.322mi
NR
Mid-Pacific Institute
2445 Kaala Street, Honolulu, HI 96822
1.584mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
1.631mi
NR
Sacred Hearts Academy
3253 Waialac Avenue, Honolulu, HI 96816
1.649mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Tax & MLS details 2281 Palolo Ave, Honolulu, HI, 96816

MLS #202506496
Current Property Taxes p/month
$230
Assessed Improvement value
$12,300
TMK
1-3-4-005-014-0000
Flood Zone
Zone X
Topography
Level
Lot Description
Irregular
Total Assessed value
$905,700
Listed by
2K Realty Inc.
MLS #
202506496
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 2281 Palolo Ave

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

This house was build in 1946.

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

2281 Palolo Ave, Honolulu, HI, 96816.

Are there beaches near 2281 Palolo Ave?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of 2K Realty Inc.. 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 06, 2025.
Hawaii House Last checked 1 minute ago.

Multi-Family Home active under contract $1,350,000 2281 Palolo Ave, Honolulu, HI, 96816 3,304 sqft Save House Remove from Saved