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Multi-Family sold for $1,075,000 in 20 days

99-151 Mikalemi St Aiea, HI, 96701

Neighborhood: Aiea Area

Off the market 2,118 sqft

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Incredible multi-family opportunity that doesn't come around often in Aiea! This R-5 zoned property is on a 5,140 square foot corner lot and includes a two-story hollow-title/wood-frame walk-up with one 3br/1ba unit on each floor, a detached 2 br/1ba dwelling in the back of the property, and a carport. One 3 bedroom is currently vacant. 99-151 Mikalemi Street is in a convenient location and within walking distance of neighborhood shopping, bus stops and schools. All tenants share one electric and water meter, with costs being recouped by Property Management via monthly utility allowance charge. Income/Expenses are pro forma. Buyer to do their own diligence on conformity of rental units.
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Property details

1967 year built
View
None
Price per sqft
$507/sqft
Address
99-151 Mikalemi St, Aiea, HI, 96701
City of Hawaii
Aiea
Island
Oahu
Building type
Duplex,Multi Dwellings
Year Built
1967
Land tenure
FS - Fee Simple
Neighborhood
Aiea Area
District
Pearlcity

Open Houses

No upcoming open houses

Interior Features

3 parking places
Stories
Two
Roof
Aluminum/Steel, Asphalt Shingle
Utilities
Cable, Internet, Overhead Electricity, Sewer Fee, Telephone, Water
Property Condition
Average
nr.of parking places
3
Garage & Parking
Covered, Open
Amenities
None

Listed by

Kevin Y Nishikawa, Marcus Realty
(808) 839-7446
Name
Kevin Y Nishikawa
License number
RB-17304
Brokerage company
Marcus Realty
(808) 839-7446
MLS #
202321289

Buyer agent

Name
Robin Ide
Brokerage company
RE/MAX Honolulu
(808) 352-9261

Payment calculator

Calculate your monthly payments
Mortgage
$3,301
Taxes
$280
HOA dues
$0
$3,581 per month
Mortgage
$215,000 / 20%
2.28%
30 years
Your amount $3,301 / month

Exterior Features

Hollow Tile, Wood Frame construction and more
Construction
Hollow Tile, Wood Frame

Lot details

TMK #1990410300000
Lot Description
Clear
Parcel nr.
1990410300000

Aiea Area neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Aiea Area

36%
Families with children
National average: 39%
24%
Non family households
190,500
Population
$128,937
Average Income

Age & gender

Median age 39 years
More info

Commute types

84% commute by car
More info

Education level

25% have high school education
More info

Number of employees

5% work in education and healthcare
More info

Vehicles available

39% have 2 vehicle
More info

Vehicles by gender

39% have 2 vehicle
More info

Housing market insights for

$734.89k
Neighborhood average
sales price*
$599k
Neighborhood median
sales price*
232
Number
of sales*

Housing type

44% are single detacheds
More info

Rooms

38% of the houses have 4 or 5 rooms
More info

Bedrooms

63% have 2 or 3 bedrooms
More info

Owners vs Renters

58% are owners
More info
18 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

# of 2 Bd
2
# of 3 Bd
1

Income

Total Actual Rent
$5,500

Schools

15 schools with rating up to 9
School rating Distance
2
out of 10
Aiea Elementary School
99370 Moanalua Rd, Aiea, HI 96701
Elementary School
0.098mi
2
out of 10
Aiea Elementary School
99370 Moanalua Rd, Aiea, HI 96701
Middle School
0.098mi
6
out of 10
Aiea High School
981276 Ulune St, Aiea, HI 96701
High School
0.463mi
School rating Distance
2
out of 10
Aiea Elementary School
99370 Moanalua Rd, Aiea, HI 96701
0.098mi
5
out of 10
Alvah A Scott Elementary School
981230 Moanalua Rd, Aiea, HI 96701
0.237mi
NR
St Elizabeth Elementary School
99-310 Moanalua Road, Aiea, HI 96701
0.279mi
NR
Our Savior Lutheran School
98-1098 Moanalua Road, Aiea, HI 96701
0.357mi
7
out of 10
Gustav H Webling Elementary School
99370 Paihi St, Aiea, HI 96701
0.838mi
School rating Distance
2
out of 10
Aiea Elementary School
99370 Moanalua Rd, Aiea, HI 96701
0.098mi
5
out of 10
Alvah A Scott Elementary School
981230 Moanalua Rd, Aiea, HI 96701
0.237mi
NR
St Elizabeth Elementary School
99-310 Moanalua Road, Aiea, HI 96701
0.279mi
NR
Our Savior Lutheran School
98-1098 Moanalua Road, Aiea, HI 96701
0.357mi
9
out of 10
Aiea Intermediate School
99600 Kulawea St, Aiea, HI 96701
0.628mi
School rating Distance
6
out of 10
Aiea High School
981276 Ulune St, Aiea, HI 96701
0.463mi
NR
Grace Christian Academy
99-833 Iwaena Street, Aiea, HI 96701
1.321mi
8
out of 10
Admiral Arthur W Radford High School
4361 Salt Lake Blvd, Honolulu, HI 96818
1.38mi
NR
Calvary Chapel Christian School
98-1016 Komo Mai Drive, Aiea, HI 96701
1.728mi
NR
Christian Academy
3400 Moanalua Road, Honolulu, HI 96819
2.182mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 15, 2023

Aiea Area Median sales price 2024

Bedrooms Med. price % of listings
3 beds $725k 50%
4 beds $998k 50%
Date Event Price $/sqft Source
Dec 15, 2023 Sold $1,075,000 507.55 Public Record
Dec 15, 2023 Price Decrease $1,075,000 -2.18% 507.55 MLS #202321289
Oct 16, 2023 $1,099,000 518.89 MLS #202321289
Oct 13, 2023 For sale $1,099,000 518.89 MLS #202321289
Oct 4, 2023 $1,099,000 518.89 MLS #202321289
Sep 18, 2023 New Listing $1,099,000 518.89 MLS #202321289

Taxes of 99-151 Mikalemi St, Aiea, HI, 96701

05 - R-5 Residential District zoning / MLS #202321289
Current Property Taxes p/month
$280
Assessed Improvement value
$154,400
Assessed Land value
$805,600
Land Recorded
Regular System
Zoning
05 - R-5 Residential District
Flood Zone
Zone XS
Topography
Level
Location
Corner
Total Assessed value
$960,000

Tax History

Year Taxes Source
2023 $3,360 MLS #202321289
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

Agent viewpoints of 99-151 Mikalemi St, Aiea, HI, 96701

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Open floorplan
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Frequently Asked Questions about 99-151 Mikalemi St

Which year was this multi-family built?

This multi-family was build in 1967.

Which year was this property last sold?

This property was sold in 2023.

What is the full address of this Multi-Family?

99-151 Mikalemi St, Aiea, HI, 96701.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Marcus Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Dec 15, 2023
Verhouse Last checked 1 minute ago


The closest grocery stores are Times Supermarkets, 0.21 miles away and Down to Earth Pearlridge, 0.82 miles away.
The Aiea Area neighborhood has a population of 190,500, and 36% of the families have children. The median age is 39.96 years and 84% commute by car. The most popular housing type is "single detached" and 58% is owner.
Multi-Family Sold $1.08m 99-151 Mikalemi St, Aiea, HI, 96701 2,118 sqft Save House Remove from Saved