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1545 Kewalo Street, Honolulu, HI, 96822
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1545 Kewalo Street, Honolulu, HI 96822

$4,388,000 Multi-Family Home for sale 5,908 sqft Neighborhood:  Makiki Area
8 min walk to Makiki District Park
5 min drive to Ala Moana Beach
5 min drive to Point Panic
5 min drive to Concessions
About lifestyles
Investment opportunity in Makiki with easy access to the freeway and minutes from downtown. High rental income with the ability to increase over time. 3- 2 story buildings consists of 16, 1-bedroom/1-bathroom units and1, 2-bedroom/1-bathroom unit--totaling 17 units and 7 parking stalls (2 tandem) Freshly painted exterior. Seller is offering $10,000 credit to Buyer.
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Multi-family details

1927 year built
  • Year Built 1927
  • Year Remodeled 2015
  • Original list price $4,388,000
  • Days on market 165
  • Building type Apartments,Multi Dwellings
  • Price per sqft $743/sqft
  • Address

    1545 Kewalo Street, Honolulu, HI, 96822

  • Neighborhood Makiki Area
  • Land tenure FS - Fee Simple
  • Land SqFt 8,060 sqft
  • View None, City, Mountain
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$22,374
Taxes
$540
HOA dues
$0
$22,914 per month
Mortgage
Down payment
$877,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $22,374 / month

Neighborhood: Makiki 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
11.17 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

17 total units
# of 1 Bd
16
# of 2 Bd
1
# of 3 Bd
0
Total Units
17

Amenities & Features

7 parking places
Stories
Two
Roof
Other, Wood Shake
Construction
Brick, Concrete, Hollow Tile, Single Wall, Slab, Wood Frame
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Above Average
Parking
Assigned, Covered, Open, Tandem
nr.of parking places
7
Amenities
None

Income

Net Operating Income: $191,533
Total Actual Rent
$21,145
Total Annual Operating Expenses
$65,147
Total Income
$256,680
Net Operating Income
$191,533

Makiki Area prices

Average price $528.95k
Neighborhood average sales price*
$528.95k
Neighborhood median sales price*
$379k
Number or sales*
82
Street median sales price*
$332.5k
*last 6 months

Schools

15 schools with rating up to 5
School rating Distance
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
Elementary School
0.224mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Middle School
0.235mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
High School
0.35mi
School rating Distance
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.224mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.235mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.303mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.375mi
4
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.399mi
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.235mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.375mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.4mi
5
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.428mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.494mi
School rating Distance
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.35mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.375mi
5
out of 10
President Theodore Roosevelt High School
1120 Nehoa St, Honolulu, HI 96822
0.398mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.4mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.494mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Nov 16, 2023
Date Event Price $/sqft Source
Nov 16, 2023 New Listing $4,388,000 +39.3% $742.72 MLS #202325642
Apr 17, 2015 Sold $3,150,000 +0.8% from last sold price $533.18 Public Record
Mar 20, 2015 Active Under Contract $3,125,000 $528.94 MLS #201502761
Feb 24, 2015 New Listing $3,125,000 $528.94 MLS #201502761
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Tax & MLS details 1545 Kewalo Street, Honolulu, HI, 96822

12 - A-2 Medium Density Apartme zoning / MLS #202325642
Current Property Taxes p/month
$540
Property Tax Year
2023
Assessed Improvement value
$283,000
Assessed Land value
$1,568,400
TMK
1-2-4-021-049-0000
Land Recorded
Regular System
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
C&C, Of Record
Total Assessed value
$1,851,400
Listed by
Lee International Properties
(808) 951-5558
MLS #
202325642
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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We do not have a Hawaii House tour report for this listing yet.
As soon as we do, we post it here.

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Frequently asked questions for 1545 Kewalo Street

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

This house was build in 1927.

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

1545 Kewalo Street, Honolulu, HI, 96822.

Are there beaches near 1545 Kewalo Street?

The nearest beach is 1.245 miles away, called Ala Moana Beach. It should take about 5 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Lee International Properties. 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 01, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home for sale $4,388,000 1545 Kewalo Street, Honolulu, HI, 96822 5,908 sqft Save House Remove from Saved