1578 Pele Street, Honolulu, HI 96813

$1,549,000

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List Price
$1,549,000
Status
ACTIVE
Type
Multifamily
MLS#
202607167
Price Change
▼ $50,000 1781839760
Days on Market
111
Land Area
4,656
Year Built
1956
Property Type
Residential
Neighborhood
Punchbowl
Land Tenure
FS - Fee Simple

Property Description

Multi-Unit Investment Opportunity in Prime Punchbowl Location with beautiful ocean, sunset, mountain, and city views from the balcony! A rare find in the Punchbowl area! This versatile property features two separate structures with a total of five units, offering an incredible investment opportunity. With four units currently generating $5,650 in monthly rental income, potentially $9650 with 5th rental unit for even more revenue! The property includes a carport for three vehicles, copper piping in the main unit, and a highly desirable location with proximity to UH Manoa, HPU, community colleges, hospitals, downtown, and major conveniences. Investor-friendly and tenant-occupied—please allow 48-hour notice for showings. Do not disturb tenants. Don’t miss this chance to own a fantastic income-producing property in a prime Honolulu location!

Additional Information

Island
Oahu
Utilities
Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
View
City, Mountain(s), Ocean, Sunset
Lot Size
4,656
Construction Materials
Other, Single Wall, Wood Frame
Neighborhood
Punchbowl
Frontage
Other
Furnished
Partially
Year Built
1956
Sewer
Connected
Parking Features
Covered, Unassigned
Lot Features
Corner Lot, Other
Stories
2
Assessed Total
1428300
Water
Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Island Prop.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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