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1409 Ernest Street, Honolulu, HI, 96822
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1409 Ernest Street, Honolulu, HI 96822

$1,295,000 Multi-Family Home withdrawn 1,636 sqft Neighborhood:  Punchbowl Area
30 min walk to Kewalos
About lifestyles
Charming two detached buildings (3/2 w Den and 3/2), separately metered for electric with four parking stalls in the heart of Honolulu. Easy access to freeway entrance and exit, bus routes, hospitals, Downtown Honolulu, Shopping and Dining. Highly desirable A-2 zoning allows for possible future development under Bill Seven. Main structure was built in 1942 and is 1,036 sqft of living area consisting of 3 beds, two baths plus den area. Second structure was built in 1922 and is 600 sqft of living area consisting of 3 beds and 2 baths. Priced to Sell! Excellent investment property with $50,309.98 in NET income annually.
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Multi-family details

1922 year built
  • Year Built 1922
  • Original list price $1,295,000
  • Days on market 1097
  • Building type Duplex,Multi Dwellings
  • Price per sqft $792/sqft
  • Address

    1409 Ernest Street, Honolulu, HI, 96822

  • Neighborhood Punchbowl Area
  • Land tenure FS - Fee Simple
  • Land SqFt 5,000 sqft
  • View None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$6,603
Taxes
$380
HOA dues
$0
$6,983 per month
Mortgage
Down payment
$259,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $6,603 / month

Neighborhood: Punchbowl Area

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

Unit Information

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

Amenities & Features

4 parking places
Stories
One
Roof
Composition
Construction
Above Ground, Single Wall, Slab, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Average
Parking
Assigned, Covered, Open
nr.of parking places
4
Amenities
None, A/C, Storage

Income

Net Operating Income: $50,310
Total Actual Rent
$4,600
Total Annual Operating Expenses
$4,890
Total Income
$55,200
Net Operating Income
$50,310

Punchbowl Area prices

Average price $552.22k
Neighborhood average sales price*
$552.22k
Neighborhood median sales price*
$441.5k
Number or sales*
496
Street median sales price*
$389k
Median sale price Discovery Bay*
$342.5k
*last 6 months

Schools

15 schools with rating up to 9
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.205mi
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
Middle School
0.475mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.11mi
School rating Distance
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.205mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.584mi
9
out of 10
President Abraham Lincoln Elementary School
615 Auwaiolimu St, Honolulu, HI 96813
0.609mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.625mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.666mi
School rating Distance
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.475mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.584mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.701mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.701mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.792mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.11mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.431mi
5
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.632mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.701mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.701mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Withdrawn Jun 11, 2021
Date Event Price $/sqft Source
Jun 11, 2021 Withdrawn $1,295,000 $791.56 MLS #202101472
Jun 11, 2021 Back On Market $1,295,000 $791.56 MLS #202101472
Jun 4, 2021 In Escrow - not showing $1,295,000 $791.56 MLS #202101472
Apr 6, 2021 Under contract $1,295,000 $791.56 MLS #202101472
Jan 22, 2021 New Listing $1,295,000 +8.01% $791.56 MLS #202101472
Mar 18, 2019 Withdrawn $1,199,000 $732.89 MLS #201809710
Jul 2, 2018 Price Decrease $1,199,000 -2.44% $732.89 MLS #201809710
May 12, 2018 Price Decrease $1,229,000 -1.68% $751.22 MLS #201809710
Apr 16, 2018 New Listing $1,250,000 $764.06 MLS #201809710
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Tax & MLS details 1409 Ernest Street, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #202101472
Current Property Taxes p/month
$380
Property Tax Year
2020
Assessed Improvement value
$104,500
Assessed Land value
$1,200,000
TMK
1-2-4-017-060-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Gentle Slope
Lot Description
Other
Property Setbacks
C&C, Of Record
Total Assessed value
$1,304,500
Listed by
Coldwell Banker Realty
MLS #
202101472
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 1409 Ernest Street

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

This house was build in 1922.

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

1409 Ernest Street, Honolulu, HI, 96822.

Are there beaches near 1409 Ernest Street?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker Realty. 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 June 10, 2021.
Hawaii House Last checked 5 minutes ago.

Multi-Family Home withdrawn $1,295,000 1409 Ernest Street, Honolulu, HI, 96822 1,636 sqft Save House Remove from Saved