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20-UNIT RENOVATED APARTMENT BUILDING FOR SALE! 20-unit, renovated CMU apartment building with 20 covered and secured parking stalls, just outside downtown Honolulu. The property is 100% occupied and provides high, stable cash flow due to upgraded units, a secured building, and a convenient location. Fantastic unit mix of (18) 2-bedroom units with lanais and (2) 1-bedroom units, each with a private, secured entrance and front lanai. The entire property is fenced and gated, with keyed security doors and a roll-up gate on the parking garage. Landlord-owned, coin-operated laundry and a leased roof antenna for additional income. In addition to exterior renovations, including landscaping and a roof re-coating, unit interiors were upgraded with luxury finishes, including new paint, LVT flooring, cabinets, counters, appliances, and light and plumbing fixtures. This is an extremely rare opportunity to acquire a large, renovated, and stable building in town. Proforma 4.77% cap!
| DAYS ON MARKET | 232 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| TRACT | PUNCHBOWL-LOWER | YEAR BUILT | 1974 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Royal |
|---|---|
| Jr. High School | Keelikolani |
| High School | Mckinley |
| PRICE HISTORY |
| Login to view Price History |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Metro |
| LOT | 11697 acre(s) |
| LOT DESCRIPTION | Interior Lot, Level, Other |
| STORIES | 3+ |
| SUBDIVISION | PUNCHBOWL-LOWER |
| TAXES | 13616.04 |
| UTILITIES | Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| WATERFRONT DESCRIPTION | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Standard Management LLC
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 9/1/25 12:59 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the 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.
active listings last updated on 9/1/25 12:59 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the 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.
This IDX solution is (c) Diverse Solutions 2025.
