Tour
#202424544, Listing office: Savvy Realty & Loans
Property details
About 540 Iolani Ave
Two story walk up apartment building. It will require some repair but is in excellent location.
Highlights
Home typeMulti Family
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
Year built1957
ParkingAssigned
MLS #202516843
ViewCity, Ocean
Summary
- Parking: Assigned
- View: City, Ocean
- List Price: $4,500,000
- Annual Tax Amount: $8,022
- Tax Year: 2024
- Lot: Corner Lot, Irregular Lot
- Year Built: 1957
- Stories: 2
- MLS Number: 202516843
- MLS Name: HICMLS
- Office Name: Rein Hollar Realty
- Office Phone: (808) 216-7300
- Agent Phone: (808) 216-7300
- Agent Email: rein.hollar@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: 7/30/2025, 5:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 07, 2006 | Home Sold | $3,000,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,300,000 | $8,022 |
| 2023 | $2,292,100 | $8,157 |
| 2022 | $2,330,600 | $8,157 |
| 2021 | $2,251,100 | $7,878 |
| 2020 | $2,394,300 | $8,380 |
| 2019 | $2,220,800 | $7,232 |
| 2018 | $2,066,400 | $7,232 |
| 2017 | $1,975,700 | $6,914 |
History based on county public records data.
Nearby schools
3
Royal Elementary School
Public District PK-5
0.3 mi
•1519 Queen Emma St
3
Queen Kaahumanu Elementary School
Public District PK-5
0.6 mi
•1141 Kinau St
8
President Abraham Lincoln Elementary School
Public District PK-5
0.6 mi
•615 Auwaiolimu 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 $70,391. The majority of Honolulu, HI residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
27%
<35k
42%
35k-100k
24%
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?
54%
Single, No Kids
7%
Single, with Kids
25%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Live Theatre
Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Crate & Barrel
Where do the neighbors go to eat?
Boston Market
The Cheesecake Factory
Starbucks
What do the neighbors drive?
Mercedes
Volvo
Audi
What do the neighbors listen to?
News
Alternative
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 540 Iolani Ave
The listing price of 540 Iolani Ave property is $4,500,000.
The property 540 Iolani Ave is a multi located in Honolulu, Hawaii, 96813.
Accepting Backup Offers: 540 Iolani Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 540 Iolani Ave are: Royal Elementary School (GreatSchools Rating 3/10), Queen Kaahumanu Elementary School (GreatSchools Rating 3/10), President Abraham Lincoln Elementary School (GreatSchools Rating 8/10), Central Middle School (GreatSchools Rating 6/10), Robert Louis Stevenson Middle School (GreatSchools Rating 6/10), Prince David Kawananakoa Middle School (GreatSchools Rating 4/10), Myron B. Thompson Academy - New Century Public Charter School (GreatSchools Rating 8/10), President William Mckinley High School (GreatSchools Rating 3/10), President Theodore Roosevelt High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $8,022 (source: MLS/based on county public records data).
The last sale was on April 7, 2006 for $3,000,000 (source: MLS/tax record).
The year of construction for 540 Iolani Ave is 1957.
This home is located at 540 Iolani Ave in Honolulu, HI and zip code 96813 in the Makiki / Lower Punchbowl / Tantalu neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $4,500,000.
While more than 41 listings in Honolulu, HI in June 2025 were sold above asking price, there were more than 56 listings sold at asking price, and more than 169 were sold below. Between May and June 2025, Honolulu, HI real estate market has seen increase in the number of listings by 11.1%. Listings spent 66 days on the market in June 2025, and had a median list price of $713,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.