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540 Iolani Ave (Punchbowl)

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Photo 1 of 540 Iolani Ave, Honolulu
540 Iolani Ave, Honolulu
Selling or Buying in Punchbowl?
Call/Text Tracy (808) 372-2274 or send a message using the form below.
Tracy Yamato

Tracy Yamato

Certified Residential Specialist
Realtor, RS-51972

Mobile: (808) 372-2274

Email: Tracy@HawaiiLiving.com

"Let my over 33 years of experience work for you."
Client Testimonials
Description
Two story walk up apartment building. It will require some repair but is in excellent location.
Past Activity
  • Oct 17, 2025 Sold for $4,000,000
  • Oct 13, 2025 Listed at $4,200,000
  • Jul 27, 2025 Under Contract
  • Jul 26, 2025 Price $4,500,000
More Details
About Punchbowl
See our video of Punchbowl homes.

Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same place.

Lower has been es  ... Read more
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 14, 2025.Information is deemed reliable but not guaranteed.
Other Punchbowl Homes
$2,888,000
1640 Lusitana St
10 Bds | 10 Ba
3,634 ft²
$2,450,000
2134 Kanealii Ave
9 Bds | 6.5 Ba
4,254 ft²
$2,450,000
$2,300,000
404 Magellan Ave
Multi-Family

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  • Sold 10/16/25 at $4,000,000
    (List Price: $4,500,000)
Description
Two story walk up apartment building. It will require some repair but is in excellent location.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 14, 2025.Information is deemed reliable but not guaranteed.
    • Oct 17, 2025 Sold for $4,000,000
    • Oct 13, 2025 Listed at $4,200,000
    • Jul 27, 2025 Under Contract
    • Jul 26, 2025 Price $4,500,000
    See our video of Punchbowl homes.

    Punchbowl homes have the very enviable location just behind the prime sections of Honolulu, mauka of both the city's modern and historical centers. One thing that needs to be understood first, however, is that there are 2 sections that make up the whole, Upper and Lower Punchbowl.

    Lower Punchbowl takes in the properties hugging the base of the volcanic cone, especially the eastern side, where it runs into Makiki. At certain points, those two neighborhoods blur together so either or both labels are sometimes applied to the same place.

    Lower has been es  ... Read more
    Other Punchbowl Homes
    $2,888,000
    1640 Lusitana St
    10 Bds | 10 Ba
    3,634 ft²
    $2,450,000
    2134 Kanealii Ave
    9 Bds | 6.5 Ba
    4,254 ft²
    $2,450,000
    $2,300,000
    404 Magellan Ave
    Multi-Family

     
    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. The sale may be 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.