Open: Sun, 1:00 PM - 4:00 PM

Active

516 Panui Street

Honolulu HI, 96817

$999,000


Active

Multi-family

Built in 1972

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. Utilities are streamlined with
individual electric, water, and gas meters. 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!

202506689

MLS ID

March 11, 2025

Listed

March 14, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Cleared, Interior Lot, Level


Architectural Style

Fourplex


Sewer

Connected

Other Property Details

Area Name

Metro


Taxes

$3,378


Tax Frequency

Annually


Days on Market

3


Garage

No


Parking

Open


Parking Total

4


View

No


View Description

None


County

Oahu


Water Source

Public


Utilities

Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Connected

Open House Schedule

Sun, Mar 16th

1:00 PM - 4:00 PM HST

 

Courtesy of Ivy K Realty, LLC, Marc T Kumai

Listing Contact: (808) 591-5660 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 3/14/2025 10:38 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2025 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2025 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 10:38 PM UTC, 3/14/2025

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