Keller Williams Honolulu - Erica Ashley Hassen
1/25
Listing Courtesy Of: Ivy K Realty, LLC, (808) 591-5660, Marc Kumai
Local Realty Services Provided By: Keller Williams Honolulu
Overview
What It'll Cost
Neighborhood
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$1,100,000
516 Panui Street, Honolulu, HI 96817
6 Beds
2 Baths
1,848 sq ft
.06 ac
Price Increase: $101,000 (4 days ago)
$1,100,000
$999,000

516 Panui Street, Honolulu, HI 96817

Estimation provided by Keller Williams Realty Inc.
6 Beds
2 Baths
1,848 sq ft
.06 ac
Active
For Sale

Property Description

High-Yield Investment Property - 4 Units!

Discover an exceptional investment opportunity at 516 Panui St.! This property has been thoughtfully remodeled and reconfigured to maximize cash flow. It now boasts four distinct units: a spacious 3-bedroom/1-bathroom, a comfortable 2-bedroom/1-bathroom, and two efficient 1-bedroom/1-bathroom units (note: bedroom and bathroom counts may not align with tax records). Benefit from recent updates including electrical and plumbing redone approximately 10 years ago. Tenants will appreciate the convenience of 4 dedicated parking stalls and a community washer/dryer. Currently generating approximately $6,700 per month in gross rental income, this property offers strong income potential. The location is incredibly convenient, placing tenants just minutes from the vibrant energy of Chinatown, Downtown Honolulu's business center, and offering quick access to freeway on/off ramps. This is a ready-to-go investment property in a highly desirable location!

First Open Sunday, March 16, 2025, 1-4pm!

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
1,848 sq ft
Year Built
1972
Days on Site
17 Days
Parking
4 Parking Spaces
Erica Ashley Hassen at Keller Williams Honolulu
Keller Williams Honolulu
RS-85118

Activity History

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SAVES
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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $1,100,000
Principal + Interest
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
03/24/2025
Price Increase
$1,100,000
(+10.11%)
03/11/2025
Listed
$999,000
(+53.69%)
10/09/2014
Sold
$650,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,145
(+11.17%)
$965,000
Land 705,600 + Additions 259,400
2022
$2,829
(+3.78%)
$898,500
Land 661,500 + Additions 237,000
2021
$2,726
(+7.29%)
$778,800
Land 562,600 + Additions 216,200
2019
$2,541
(+0.51%)
$750,600
Land 550,600 + Additions 200,000
2018
$2,528
(+3.17%)
$725,900
Land 550,600 + Additions 175,300
2017
$2,450
$722,200
Land 526,700 + Additions 195,500
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Erica Ashley Hassen at Keller Williams Honolulu
Keller Williams Honolulu
RS-85118

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