3D tour
$10,000 Closing Credit¹
#202501262, Listing Office: Savvy Realty & Loans
$10,000
closing credit¹
1139 Papaku Pl Honolulu, HI 96814
$1,399,999 List price
$10,000
Closing credit¹
Multi-Family
Property details
About 1139 Papaku Pl
PRICE IMPROVEMENT - 200K BELOW TAX ASSESSED VALUE FOR 2024! AN EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 ZONED PROPERTY IN THE HEART OF MAKIKI! FEATURING AN EXISTING WELL KEPT 3 BEDS/ 1BA SINGLE FAMILY HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING AND/OR THE POTENTIAL TO DEVELOP SENIOR CARE FACILITIES FOR OUR KAPUNA. UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQ.FT. UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXPEDITED PERMITTING & REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION.SELLERS HAVE A SET OF PLANS AVAILABLE FOR REVIEW. PLANS WERE FOR AN AFFORDABLE HOUSING PROJECT UNDER BILL 7. FOR FULL DETAILS AND TO EXPLORE THE DEVELOPMENT OPPORTUNITIES THIS PROPERTY HOLDS, BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND CONSULT PROFESSIONALS PRIOR TO CLOSE . TO BE CONVEYED AS/IS.
Highlights
Home typeMulti Family
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Year built1954
ParkingOpen
MLS #202416131
Summary
- MLS Number: 202416131
- MLS Name: HICMLS
- Office Name: RE/MAX Honolulu
- Office Email: r.vernon7@gmail.com
- Agent Phone: (808) 951-3200
- Agent Email: r.vernon7@gmail.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,399,999
1139 Papaku Pl
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
3
Queen Kaahumanu Elementary School
Public District PK-5
0.1 mi
•1141 Kinau St
8
President Abraham Lincoln Elementary School
Public District PK-5
0.7 mi
•615 Auwaiolimu St
3
Royal Elementary School
Public District PK-5
0.9 mi
•1519 Queen Emma St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,951. The majority of Honolulu, HI residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
48%
<35k
50%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
75%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
3%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Music Concerts
Where do the neighbors shop?
H&M
Burlington
Banana Republic
Where do the neighbors go to eat?
Popeyes
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#202417707, Listing Office: 4YOU Hawaii Intl Realty LLC
$10,000 Closing Credit¹
#202427102, Listing Office: Forward Realty
Backup offers
$10,000 Closing Credit¹
#202416329, Listing Office: Property Profiles, Inc.
$10,000 Closing Credit¹
#202502636, Listing Office: eXp Realty
$10,000 Closing Credit¹
#202501319, Listing Office: Standard Management LLC
$10,000 Closing Credit¹
#202503034, Listing Office: CHL Realty Inc
$10,000 Closing Credit¹
#202502359, Listing Office: Coldwell Banker Island Prop
$10,000 Closing Credit¹
#202424164, Listing Office: Ivy K Realty, LLC
3D tour
$10,000 Closing Credit¹
#202423986, Listing Office: Sky Realty LLC
This home is located at 1139 Papaku Pl in Honolulu, HI and zip code 96814 in the Makiki / Lower Punchbowl / Tantalu neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 4, 2024 and is currently priced at $1,399,999.
In January 2025 more than 30 listings in Honolulu, HI were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 136 were sold below. Between December and January 2025, Honolulu, HI real estate market has seen increase in the number of listings by 15.5%. Listings spent 61 days on the market in January 2025, and had a median list price of $695,876 during the same period.
From Rocket Homes Real Estate and based on county public records data.