516 Panui Street
Honolulu, HI 96817
- – beds
- – baths
- – sqft
- 1972 build
- – on site
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! Will update expenses shortly. First Open Sunday, March 16, 2025, 1-4pm!
Last checked:
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Last updated Apr 6, 2025
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MLS# 202506689 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1972
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Construction Materials:SingleWall
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Foundation Details:Slab
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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# of Units Total:4
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Year Built:2024
Interior
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Furnished:Partially
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:AverageCondition
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Lot Size Area:2800.0
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Lot Features:Cleared,InteriorLot,Level
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Zoning Description:07 - R-3.5 Residential District
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Parcel Number:1-1-7-037-088-0000
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Topography:Level
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View:None
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View:false
Listing Agent
- Contact info:
- Agent phone:
- (808) 591-5660
- Office phone:
- (808) 591-5660
Taxes
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Tax Annual Amount:3377.52
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Tax Assessed Value:965000
Utilities
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Utilities:AboveGroundUtilities,CableAvailable,ElectricityAvailable,NaturalGasAvailable,WaterAvailable,SewerConnected
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Sewer:Connected
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Water Source:Public
The Community
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Subdivision Name:LILIHA
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Community Features:None,StorageFacilities
Parking
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Parking Total:4.0
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Parking Features:Open
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/24/25
Mar 24, 2025
|
Price Changed | HI_CENTRAL_MLS | $1,100,000 | 10.1% |
|
3/11/25
Mar 11, 2025
|
Listed / Active | HI_CENTRAL_MLS | $999,000 |
