Bought with Compass
$3,100,000
$2,995,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/26/2025
Key Details
Sold Price $3,100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Moiliili
MLS Listing ID 202515972
Sold Date 09/26/25
Construction Status Good Condition
HOA Y/N No
Year Built 1969
Annual Tax Amount $6,382
Property Sub-Type Multi Family
Property Description
Investor Opportunity – Honolulu Multifamily with Built-In Upside - 9 units | 2bd/1ba - 8 | Studio -1 AND 9 Parking stalls (2 covered). Apartment building located in the heart of Moiliili—one of Honolulu's most established and consistently high-demand rental submarkets—717 Hausten Street offers immediate upside for investors. Stabilized asset with immediate value-add potential as units are leased below market and a clear value-add opportunity through rent adjustments. Significant capital improvements include asbestos abatement (2010), major plumbing/sewer upgrades (2019), new roof (2020), firehose replacement (2021), laundry plumbing (2023), and new mailboxes with completed spalling repairs (2025). This turnkey legacy investment property features copper gutters, 2 security cameras, fresh exterior paint, and ongoing preventative maintenance. With strong tenant demand and proximity to transit, schools, and retail, this is an IDEAL opportunity for investors seeking durable income, long-term investment, and a foothold in one of metro Honolulu's most consistent rental markets!
Location
State HI
County Oahu
Community None, Other, Storage Facilities
Area Metro
Interior
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Assigned
Community Features None, Other, Storage Facilities
Utilities Available Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
View Y/N Yes
View City, Mountain(s)
Total Parking Spaces 9
Building
Lot Description Other, Level
Entry Level Three Or More
Sewer Connected
Level or Stories Three Or More
Construction Status Good Condition
Others
Tax ID 1-2-7-011-021-0000
Financing Cash
Special Listing Condition None
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