Bought with Engel & Volkers Honolulu
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Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Makiki Area
MLS Listing ID 202501319
Sold Date 05/22/25
Construction Status Average Condition
HOA Y/N No
Year Built 1937
Annual Tax Amount $5,136
Property Sub-Type Multi Family
Property Description
1637 Kewalo is a well-priced 7-unit multifamily property with an attractive unit mix and the perfect arrangement for a “house hack”. Live in one and rent out the rest! The property is excellently located in the heart of the popular Makiki neighborhood and features 5+ on-site parking stalls in addition to abundant street parking. Units are in classic condition, rents are under-market, and most tenants are month-to-month, providing an ideal set up for an investor to complete a value-add campaign and increase returns. The front building is architecturally interesting due to its 1937 vintage, and it boasts sizeable units. The back building is all concrete and was built in 1954.
Whether you're an investor seeking value-add potential or a buyer looking to live in one unit and generate income from the rest, 1637 Kewalo offers endless possibilities. Schedule your showing today!
Please do not go on the property without the listing agent. Seller would like to rent back the 2 bedroom unit for ~6 months
Location
State HI
County Oahu
Area Metro
Interior
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Community Features None
Utilities Available Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
View Y/N No
View None
Total Parking Spaces 5
Building
Lot Description Irregular Lot, Other, Level
Entry Level Two
Sewer Connected
Water Public
Level or Stories Two
Construction Status Average Condition
Schools
Elementary Schools Kaahumanu
Middle Schools Washington
High Schools Mckinley
Others
Tax ID 1-2-4-025-031-0000
Financing Cash,Conventional
Special Listing Condition None
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Barbie Y. Hee (R)
Realtor, Broker In Charge | License ID: RB 18438/ BS .0145792
Realtor, Broker In Charge License ID: RB 18438/ BS .0145792