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SOLD
MLS: 202515972
 
Asking Price: $2,995,000 FS - Fee Simple
Sold Price: $3,100,000
Sold Date: 09/26/2025
Type: Multi-Family
District: Metro
Address: 717 Hausten Street, Honolulu, HI
Neighborhood: Moiliili
Land Area: 6,483 SF
View: City,Mountain
Parking: Assigned
Amenities: Other,Storage
Days on Market: 141
Year Built: 1969
Zoning: 12 - A-2 Medium Density Apartm
Land Recorded: Land Court
Property Taxes: $531,.86
Assessed Value: $1,823,500,.00
Assessed Ratio: 164.24%
Listing Courtesy: Koi Realty
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Investor Opportunity – Honolulu Multifamily with Built-In Upside - 9 units | 2bd/1ba - 8 | Studio -1 AND 9 Parking stalls (2 covered). Apartment building located in the heart of Moiliili—one of Honolulu’s most established and consistently high-demand rental submarkets—717 Hausten Street offers immediate upside for investors. Stabilized asset with immediate value-add potential as units are leased below market and a clear value-add opportunity through rent adjustments. Significant capital improvements include asbestos abatement (2010), major plumbing/sewer upgrades (2019), new roof (2020), firehose replacement (2021), laundry plumbing (2023), and new mailboxes with completed spalling repairs (2025). This turnkey legacy investment property features copper gutters, 2 security cameras, fresh exterior paint, and ongoing preventative maintenance. With strong tenant demand and proximity to transit, schools, and retail, this is an IDEAL opportunity for investors seeking durable income, long-term investment, and a foothold in one of metro Honolulu’s most consistent rental markets!


 
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