Backup offers
$9,500 Closing Credit¹
#202504828, Listing Office: eXp Realty
$999,000 List price
516 Panui St Honolulu, HI 96817
$10,000
Closing credit¹
Multi-Family
Property details
About 516 Panui St
High-Yield Investment Property - 516 Panui St. - 4 Units! Discover an exceptional investment opportunity at 516 Panui St.! This property has been thoughtfully remodeled and reconfigured to maximize cash flow. It now boasts four distinct units: a spacious 3-bedroom/1-bathroom, a comfortable 2-bedroom/1-bathroom, and two efficient 1- bedroom/1-bathroom units (note: bedroom and bathroom counts may not align with tax records). Benefit from recent updates including electrical and plumbing redone approximately 10 years ago. Utilities are streamlined with individual electric, water, and gas meters. Tenants will appreciate the convenience of 4 dedicated parking stalls and a community washer/dryer. Currently generating approximately $6,700 per month in gross rental income, this property offers strong income potential. The location is incredibly convenient, placing tenants just minutes from the vibrant energy of Chinatown, Downtown Honolulu's business center, and offering quick access to freeway on/off ramps. This is a ready-to-go investment property in a highly desirable location! Will update expenses shortly. First Open Sunday, March 16, 2025, 1-4pm!
Highlights
Home typeMulti Family
StatusActive
Year built1972
ParkingOpen
MLS #202506689
Summary
- MLS Number: 202506689
- MLS Name: HICMLS
- Office Name: Ivy K Realty, LLC
- Office Phone: (808) 591-5660
- Agent Phone: (808) 591-5660
- Agent Email: marckumai@ivykrealty.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: 3/13/2025, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,000
516 Panui St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 13, 2014 | Home Sold | $650,200 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $965,000 | $3,144 |
| 2023 | $898,500 | $2,828 |
| 2022 | $808,200 | $2,828 |
| 2021 | $778,800 | $2,725 |
| 2020 | $750,600 | $2,627 |
| 2019 | $725,900 | $2,527 |
| 2018 | $722,200 | $2,527 |
| 2017 | $700,000 | $2,450 |
History based on county public records data.
Nearby schools
9
Lanakila Elementary School
Public District PK-5
0.4 mi
•717 N Kuakini St
5
Kauluwela Elementary School
Public District PK-5
0.5 mi
•1486 Aala St
3
Princess Miriam K Likelike Elementary School
Public District PK-5
0.5 mi
•1618 Palama 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 $48,085. The majority of Honolulu, HI residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
36%
<35k
46%
35k-100k
11%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
10%
Single, with Kids
27%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
40%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Live Theatre
Hiking/backpacking
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Banana Republic
Where do the neighbors go to eat?
The Cheesecake Factory
Boston Market
Starbucks
What do the neighbors drive?
Volvo
Mercedes
Audi
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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This home is located at 516 Panui St in Honolulu, HI and zip code 96817 in the Liliha / Kapalama neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $999,000.
Honolulu, HI housing market in February 2025 saw over 24 listings sold above listed price, more than 44 sold at listed price and over 127 sold below. The inventory of homes for sale in Honolulu, HI between January and February 2025 increased by 10.2%. The median list price of listings available in February 2025 was $699,719, while the average time on the real estate market was 72 days.
From Rocket Homes Real Estate and based on county public records data.