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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
Body Surfing
Tow-in Surfing
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Alewa Heights Multi-Family Homes for sale

1 multi-family home for sale

Virtual Tour
$1.7m
Alewa Heights
1156 Alewa Dr, Honolulu
Multi-Family Home
$1,695,000
An extremely attractive residential offering to acquire 3 detached dwellings, all located on a single parcel in Honolulu. The property offers stable cash flow combined with low maintenance costs and strong appreciation potential. 2025 renovations make this offering ideal for 1031 exchange or investors seeking stable NOI and low operating costs. 2 rental units provide immediate income of $5,750/mo. incl. GET plus potential income of $3,400/mo. incl. GET from the 3rd home for a total of $9,150/mo. in income. A rare multi-family investment with high rental demand and reduced management intensity compared to larger multi-family properties. Each house offers 2 bedrooms and 1 bathroom, separate electric meter, small private yard, remodeled kitchen with new appliances and flooring. Gently sloped parcel in a desirable neighborhood, located close to schools and restaurants, with views of the ocean, downtown Honolulu, and Diamond Head. The roofs are in good condition, with newer exterior storage and a covered carport. Please contact Listor for showing and do not disturb tenants or park in driveway. A few photos have been virtually staged(enhanced).
1 – 1 of 1 homes for sale
  1. Hawaii
  2. Oahu
  3. Honolulu
  4. Alewa Heights

Lifestyle & outdoors In Alewa Heights

3 surf spots in this area

Point Panics
Type: surfing
Flies
Type: surfing
Point Panic
Type: body-surfing
Kaka'ako, Honolulu 1-5 Dangerous rocks and reef bottom

12 parks in this area

Kalihi Uka Community Park

DeCorte Neighborhood Park

Na Pueo Mini Park

Nuuanu Valley Park

Puunui Community Park

Loi Kalo Mini Park

Alewa Neighborhood Park

Lanakila District Park

Kunawai Neighborhood Park

Kunawai Springs

Royal Mausoleum

Palama Triangle Mini Park

1 beach in this area

Unnamed beach

1 golf course in this area

Oʻahu Country Club

Essentials in Alewa Heights

Hospital is about 29 min walk
Supermarket is about 3 min drive
Farmers market is about 4 min drive
Airport is about 11 min drive
Costco is about 22 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Alewa Heights

13 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Living in Alewa Heights Alewa Heights is a neighborhood in the Honolulu district of Oahu.

Supermarkets are about 3 min drive, the nearest Hospital is about 29 min walk and the airport is about 11 min drive.

Alewa Heights is somewhat walkable.

There are 12 parks in this area, and 1 public beach. Nearby lifestyles include surfing, body surfing and golf.

Housing Market Trends for Alewa Heights

There are currently 4 real estate listings for sale in Alewa Heights. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Alewa Heights for condos is $1,257,000 and for homes is $1,117,561. Week over week the average listing price increased 1%. The median sales price for Alewa Heights over the last 90 days is $905,000, a 3% increase of $42,500 year over year. If we break this down per property types we see that the median sales price for homes is $905,000 and for condos $0.
The number of sales in the last 60 days are 1. The average days Alewa Heights properties stay on the market before being sold is 129 days.

Alewa Heights is a neighborhood located in the
Honolulu
district on the island of
Oahu
.

Average Listing Price Alewa Heights for condos & homes

Median Sales Price Alewa Heights for condos & homes

Number Of Sales Alewa Heights for condos & homes

* information deemed reliable, but not guaranteed
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