SOLD 08/31/2023
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Multi-Family sold for $2,500,000 in 21 days
312-A & 312-B Iolani Ave Honolulu, HI, 96813
Neighborhood: Punchbowl AreaOff the market
Calling all Investors! Introducing an investment opportunity to own four dwellings with a range of bedroom/bath layouts conveniently located in the heart of Punchbowl. This A-1 Apartment zoned property includes 2 TMK’s (1) 2-2-3-8 & TMK (1) 2-2-3-70 and 4 separate buildings known as 312-A, 312, 314 & 312-B Iolani Ave. The layout is comprised as followings: 314 Iolani, Front Right Building offers: 2 Bedroom/1 full Bath. 312 Iolani, Front Left Building offers: 2 Bedroom & 2 full Bath. 312-A Iolani, the Main House is located in the middle of the property offers: 4 Bedroom, 1 full Bath, 3 half Baths. Additionally, 312-B Iolani offers: One, 2-Bedroom & 1-full Bath unit AND/ Two, 1-Bedroom & 1-full Bath units. Gas is paid by each individual tenant. Owner takes care of water (entire property) & electricity for Building B units. (5 gas meters, 4 electric meters, & 2 water meters in total). There are 7 covered parking stalls, two, 2-car carports (314 & 312) & 1 open parking. This property offers flexibility, multiple rental opportunities & an excellent addition to your multifamily investment portfolio & best of all, is just minutes away from downtown Honolulu & easy freeway access.
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Property details
1942 year built
View
City, Garden, Mountain
Address
312-A & 312-B Iolani Ave, Honolulu, HI, 96813
City of Hawaii
Honolulu
Island
Oahu
Building type
Multi Dwellings
Year Built
1942
Land tenure
FS - Fee Simple
Neighborhood
Punchbowl Area
District
Honolulu
Open Houses
No upcoming open houses
Interior Features
11 parking places
Stories
One, Two
Roof
Asphalt Shingle, Other
Utilities
Gas, Overhead Electricity, Public Water, Sewer Fee
Property Condition
Average
nr.of parking places
11
Garage & Parking
Assigned, Covered, Open
Amenities
Storage
Listed by
Tracy Allen, Coldwell Banker Realty
(808) 596-0456
(808) 596-0456
Name
Tracy Allen
License number
RS-46610
Brokerage company
Coldwell Banker Realty
(808) 596-0456
(808) 596-0456
MLS #
202311583
Buyer agent
Name
Felix He
Brokerage company
Central Pacific Properties Inc
(808) 258-7631
(808) 258-7631
Payment calculator
Calculate your monthly payments
Mortgage
$7,676
Taxes
$1,005
HOA dues
$0
Mortgage
$500,000 / 20%
2.28%
30 years
Your amount
$7,676 / month
Exterior Features
Above Ground, Single Wall, Wood Frame construction and more
Construction
Above Ground, Single Wall, Wood Frame
Lot details
TMK #1220030080000
Lot Description
Clear
Parcel nr.
1220030080000
Punchbowl 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 Punchbowl Area
31%
Families with children
National average: 39%
30%
Non family households
416,417
Population
$128,695
Average Income
Age & gender
Median age 44 years
More info
Commute types
65% commute by car
More info
Education level
25% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
48% have 1 vehicle
More info
Vehicles by gender
48% have 1 vehicle
More info
Housing market insights for
$731.75k
Neighborhood average
sales price*
sales price*
$513.2k
Neighborhood median
sales price*
sales price*
1097
Number
of sales*
of sales*
Housing type
60% are apartments
More info
Rooms
38% of the houses have 2 or 3 rooms
More info
Bedrooms
47% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
13.33 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Unit Information
# of 1 Bd
2
# of 2 Bd
1
# of 3 Bd
3
Income
Total Actual Rent
$0
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
Elementary School |
0.13mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Middle School |
0.313mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
High School |
0.298mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.13mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.313mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.361mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.367mi | |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.495mi | |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.313mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.313mi | |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.347mi |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.361mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.367mi | |
| School rating | Distance | |
|---|---|---|
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.298mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.313mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.313mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.361mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.669mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Aug 31, 2023
Punchbowl Area Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $398k | 3.57% |
| 1 bed | $342k | 21.43% |
| 2 beds | $550k | 53.57% |
| 3 beds | $925k | 14.29% |
| 4 beds | $940k | 3.57% |
| 11 beds | $1.68m | 3.57% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 31, 2023 | Sold | $2,500,000 | 0 | Public Record |
| Aug 31, 2023 | Price Increase | $2,500,000 +4.17% | 0 | MLS #202311583 |
| Aug 19, 2023 | Pending | $2,400,000 | 0 | MLS #202311583 |
| Jun 26, 2023 | $2,400,000 | 0 | MLS #202311583 | |
| Jun 6, 2023 | New Listing | $2,400,000 | 0 | MLS #202311583 |
Taxes of 312-A & 312-B Iolani Ave, Honolulu, HI, 96813
11 - A-1 Low Density Apartment zoning / MLS #202311583
Current Property Taxes p/month
$1,004
Assessed Improvement value
$234,500
Assessed Land value
$3,483,300
Land Recorded
Regular System
Zoning
11 - A-1 Low Density Apartment
Flood Zone
Zone X
Topography
Gentle Slope,Level,Terraced,Up Slope
Location
Inside
Total Assessed value
$3,717,800
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $12,056 | MLS #202311583 |
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.
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Frequently Asked Questions about 312-A & 312-B Iolani Ave
Which year was this multi-family built?
This multi-family was build in 1942.
Which year was this property last sold?
This property was sold in 2023.
What is the full address of this Multi-Family?
312-A & 312-B Iolani Ave, Honolulu, HI, 96813.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Coldwell Banker 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: Aug 31, 2023
Verhouse Last checked 5 minutes ago
The closest grocery stores are Safeway, 0.44 miles away and ‘Umeke Market & Deli, 0.61 miles away.
The Punchbowl Area neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.48 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.