516 Panui Street
Honolulu, HI 96817
- 6 beds
- 2 baths
- 1,848 sqft
- $595 per 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! First Open Sunday, March 16, 2025, 1-4pm!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 24, 2025
•
MLS# 202506546 —
This home is listed in more than one place. See it here.
The Building
-
Year Built:1972
-
New Construction:false
-
Construction Materials:SingleWall
-
Foundation Details:Slab
-
Architectural Style:Detached
-
Stories:2
-
Levels:Two
-
Security Features:KeyCardEntry
-
Building Area Total:1848.0
-
Year Built:2024
Interior
-
Flooring:Vinyl
-
Furnished:Partially
Room Dimensions
-
Living Area:1848.0
The Property
-
Property Type:Residential
-
Property Subtype:SingleFamilyResidence
-
Property Condition:AverageCondition,UpdatedRemodeled
-
Lot Size Area:2800.0
-
Lot Features:Cleared,InteriorLot,Level
-
Zoning Description:07 - R-3.5 Residential District
-
Parcel Number:1-1-7-037-088-0000
-
Topography:Level
-
View:None
-
View:false
-
Road Frontage Type:CountyRoad
Listing Agent
- Contact info:
- Agent phone:
- (808) 591-5660
- Office phone:
- (808) 591-5660
Taxes
-
Tax Annual Amount:3377.52
-
Tax Assessed Value:965000
Beds
-
Total Bedrooms:6
Baths
-
Total Baths:2
-
Full Baths:2
Utilities
-
Utilities:AboveGroundUtilities,CableAvailable,ElectricityAvailable,NaturalGasAvailable,Other,WaterAvailable
-
Water Source:Public
The Community
-
Subdivision Name:LILIHA
-
Community Features:StorageFacilities
-
Pool Features:None
Parking
-
Parking Total:4.0
-
Parking Features:ThreeOrMoreSpaces
Monthly cost estimate
Asking price
$1,100,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,890
|
| Taxes | $281 |
| Insurance | $302 |
| Utilities | $445 See report |
| Total | $6,918/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
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 |
41% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $50k above asking price on average, but some went as high as $151k over asking price.
