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1542 Keeaumoku St (Makiki)

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1542 Keeaumoku St, Honolulu
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Description
Rarely available multiple dwelling property located in desirable Keeaumoku St. Units are separated as follows: one 3-bedroom with 2 bathrooms, four 1-bedrooms with 1 bathroom each, and 7 bedrooms that share 2 bathrooms without a kitchen. In total 8 bathrooms and 7 parking spots. Currently occupied by multiple tenants that come out to a monthly gross income of $10,245. Annual yearly gross income comes out to around $113,000. The 3-bedroom has a washer/dryer in dwelling. There are 2 coin-operated washers shared by tenants outside. The property was originally built in 1918 but was completely remodeled in 1948 and the second floor was added then. During ownership the current owner repainted, made many repairs, and replaced the roof about 4 years ago. Good investment opportunity and a chance to own land in a residential Makiki neighborhood. To be sold as is.
Recent Activity
  • May 02, 2023 Price $2,850,000
  • May 02, 2023 Listed at $3,000,000
  • Jan 01, 2023 Expired
  • Sep 06, 2022 Listed at $3,000,000
Past Sales
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Good to Know
See our video of Makiki Heights homes.

Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.

Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the   .....
Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 27, 2024. Information is deemed reliable but not guaranteed.
Other Makiki Homes
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1968 Makiki Hts Dr
4 Bds | 3 Ba
2,147 ft²
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2391 Aina Lani Way
4 Bds | 5 Ba
3,802 ft²
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2069 Mauna Pl
6 Bds | 4 Ba
2,881 ft²
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2023 Round Top Dr
6 Bds | 4 Ba
2,323 ft²
Other Honolulu Homes
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2777 Kalihi St
14 Bds | 8 Ba
3,514 ft²
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2508 Manoa Rd
6 Bds | 4 Ba
3,839 ft²
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6957 Niumalu Lp
4 Bds | 2 Ba
1,926 ft²
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117 Poipu Dr
5 Bds | 5.5 Ba
3,381 ft²
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2028 Kuola Pl
3 Bds | 3.5 Ba
3,493 ft²
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23 Old Pali Pl
3 Bds | 3.5 Ba
4,268 ft²
  • Asking Price: $2,850,000
Description
Rarely available multiple dwelling property located in desirable Keeaumoku St. Units are separated as follows: one 3-bedroom with 2 bathrooms, four 1-bedrooms with 1 bathroom each, and 7 bedrooms that share 2 bathrooms without a kitchen. In total 8 bathrooms and 7 parking spots. Currently occupied by multiple tenants that come out to a monthly gross income of $10,245. Annual yearly gross income comes out to around $113,000. The 3-bedroom has a washer/dryer in dwelling. There are 2 coin-operated washers shared by tenants outside. The property was originally built in 1918 but was completely remodeled in 1948 and the second floor was added then. During ownership the current owner repainted, made many repairs, and replaced the roof about 4 years ago. Good investment opportunity and a chance to own land in a residential Makiki neighborhood. To be sold as is.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on April 27, 2024. Information is deemed reliable but not guaranteed.
    • May 02, 2023 Price $2,850,000
    • May 02, 2023 Listed at $3,000,000
    • Jan 01, 2023 Expired
    • Sep 06, 2022 Listed at $3,000,000
    See our video of Makiki Heights homes.

    Makiki - the childhood neighborhood of President Barack Obama - is an older established neighborhood of approximately 500 homes just north-east of downtown Honolulu, bordered by Punchbowl to the west and Manoa to the east. Makiki homes for sale are often valued between $600K to $1M on lot sizes between 2,000 to 9,000 sq ft. Makiki Heights homes for sale tend to be more valuable at $850K to $8M with lot sizes between 5,000 sq ft to 1 acre plus.

    Makiki consists of 2 distinct communities: Makiki with mostly modest homes on the flat section hugging the   .....
    Read more.
    Other Makiki Homes
    • Photo
    • Photo
    • Photo
    • Photo
    1968 Makiki Hts Dr
    4 Bds | 3 Ba
    2,147 ft²
    • Photo
    • Photo
    • Photo
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    2391 Aina Lani Way
    4 Bds | 5 Ba
    3,802 ft²
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    2069 Mauna Pl
    6 Bds | 4 Ba
    2,881 ft²
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    2023 Round Top Dr
    6 Bds | 4 Ba
    2,323 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.