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1416 Middle Street, Honolulu, HI, 96819
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1416 Middle Street, Honolulu, HI 96819

$4,250,000 $4,000,000 Multi-Family Home sold 13,200 sqft Neighborhood:  Kalihi-lower Sold 09/20/2024 $4,250,000 $4,000,000
3 min walk to Fern Community Park
15 min walk to Fort Shafter Golf Course
About lifestyles
OPPORTUNITY KNOCKS to Value Add with Excellent Actual Income: 18 LARGE TWO-BED UNITS close to freeway in all directions located in the heart of Metro Honolulu. Cap ex include: brand new parking lot, roof, and lanai spalling. 28 parking stalls--all but 1 rented for extra income. All units are separately metered for electric, w/ master meter for CAM electric; one gas meter for heater and dryers only (no gas appliances inside units), and one water meter. Each unit is sub metered and water/sewer is charged back to the tenants. W/D machines are leased for about $120/mo but PM collects coins for add' income. Buyer to accept existing survey performed by Ailana Survery on May 14, 2024.
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Multi-family details

1966 year built
  • Year Built 1966
  • Original list price $4,000,000
  • Days on market 72
  • Building type Apartments,Multi Dwellings
  • Price per sqft $322/sqft
  • Address

    1416 Middle Street, Honolulu, HI, 96819

  • Frontage Other
  • Neighborhood Kalihi-lower
  • Land tenure FS - Fee Simple
  • Land SqFt 23,407 sqft
  • View Mountain

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$21,670
Taxes
$992
HOA dues
$0
$22,662 per month
Mortgage
Down payment
$850,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $21,670 / month

Neighborhood: Kalihi-lower

Nearby & commute
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
17.17 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

18 total units
# of 1 Bd
0
# of 2 Bd
18
# of 3 Bd
0
Total Units
18

Amenities & Features

28 parking places
Stories
Three
Furnished
Partial
Roof
Custom/Specialty
Construction
Hollow Tile
Utilities
Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Average
Parking
Assigned
nr.of parking places
28
Amenities
None

Income

Net Operating Income: $218,732
Total Actual Rent
$27,615
Total Annual Operating Expenses
$126,305
Total Income
$346,935
Net Operating Income
$218,732

Kalihi-lower prices

Average price $808.5k
Neighborhood average sales price*
$808.5k
Neighborhood median sales price*
$790k
Number or sales*
8
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
NR
Linapuni Elementary School
1434 Linapuni St, Honolulu, HI 96819
Elementary School
0.239mi
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
Middle School
0.303mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
High School
0.838mi
School rating Distance
NR
Linapuni Elementary School
1434 Linapuni St, Honolulu, HI 96819
0.239mi
6
out of 10
Mayor Joseph J Fern Elementary School
1121 Middle St, Honolulu, HI 96819
0.276mi
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.303mi
NR
St. John the Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.317mi
6
out of 10
Kalihi Waena Elementary School
1240 Gulick Ave, Honolulu, HI 96819
0.456mi
School rating Distance
NR
St John The Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.303mi
NR
St. John the Baptist Catholic School
2340 Omilo Lane, Honolulu, HI 96819
0.317mi
3
out of 10
Governor Sanford B Dole Middle School
1803 Kamehameha IV Rd, Honolulu, HI 96819
0.58mi
NR
St Anthony School
640 Puuhale Road, Honolulu, HI 96819
0.787mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.873mi
School rating Distance
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
0.838mi
NR
Kamehameha Schools Kapalama Campus
1887 Makuakane Street, Honolulu, HI 96817
0.873mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
1.073mi
8
out of 10
Moanalua High School
2825 Ala Ilima St, Honolulu, HI 96819
1.375mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
1.378mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Expired Sep 1, 2024
Date Event Price $/sqft Source
Sep 1, 2024 Expired $1,600 $0.12 MLS #202416393
Jul 18, 2024 New Listing rental $1,600 +6.67% $0.12 MLS #202416393
Feb 21, 2024 Rented $1,500 $0.11 MLS #202400551
Jan 24, 2024 Price Decrease $1,500 -3.23% $0.11 MLS #202400551
Jan 9, 2024 New Listing rental $1,550 $0.12 MLS #202400551
Dec 31, 2023 Rented $1,550 $0.12 MLS #202326295
Nov 30, 2023 New Listing rental $1,550 $0.12 MLS #202326295
Nov 27, 2023 Rented $1,550 $0.12 MLS #202325662
Nov 16, 2023 New Listing rental $1,550 $0.12 MLS #202325662
Oct 24, 2022 Rented $1,550 $0.12 MLS #202220832
Oct 4, 2022 New Listing rental $1,550 $0.12 MLS #202220832
Sep 21, 2022 Rented $1,550 $0.12 MLS #202217077
Aug 22, 2022 New Listing rental $1,550 +6.9% $0.12 MLS #202217077
Mar 3, 2022 Rented $1,450 $0.11 MLS #202202084
Feb 14, 2022 New Listing rental $1,450 $0.11 MLS #202202084
Feb 14, 2022 Rented $1,450 $0.11 MLS #202201685
Feb 1, 2022 Price Decrease $1,450 -3.01% $0.11 MLS #202201685
Jan 26, 2022 New Listing rental $1,495 $0.11 MLS #202201685
Dec 17, 2021 Rented $1,495 $0.11 MLS #202128556
Nov 22, 2021 Price Decrease $1,495 -0.33% $0.11 MLS #202128556
Nov 8, 2021 Price Increase $1,500 +3.45% $0.11 MLS #202128556
Nov 8, 2021 New Listing rental $1,450 -4.92% $0.11 MLS #202128556
Aug 31, 2021 Rented $1,525 $0.12 MLS #202120496
Aug 20, 2021 Price Decrease $1,525 -4.69% $0.12 MLS #202120496
Aug 10, 2021 New Listing rental $1,600 +10.34% $0.12 MLS #202120496
Oct 9, 2020 Rented $1,450 $0.11 MLS #202023698
Sep 28, 2020 Price Decrease $1,450 -9.38% $0.11 MLS #202023698
Sep 11, 2020 New Listing rental $1,600 +10.34% $0.12 MLS #202023698
Oct 30, 2019 Expired $1,450 $0.11 MLS #201921920
Aug 1, 2019 Price Decrease $1,450 -6.45% $0.11 MLS #201921920
Aug 1, 2019 New Listing rental $1,550 $0.12 MLS #201921920
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Tax & MLS details 1416 Middle Street, Honolulu, HI, 96819

07 - R-3.5 Residential District zoning / MLS #202415565
Current Property Taxes p/month
$992
Property Tax Year
2024
Assessed Improvement value
$674,600
Assessed Land value
$2,726,800
TMK
1-1-3-011-020-0000
Land Recorded
Regular System
Zoning
07 - R-3.5 Residential District
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
C&C, Of Record
Total Assessed value
$3,401,400
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202415565
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Recently sold nearby 1416 Middle Street in Kalihi-lower

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Frequently asked questions for 1416 Middle Street

When was this multi-family home built and last sold?

This house was build in 1966 and sold in 2024.

What is the full address of this multi-family home?

1416 Middle Street, Honolulu, HI, 96819.

Are there beaches near 1416 Middle Street?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on September 19, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home sold $4,250,000 $4,000,000 1416 Middle Street, Honolulu, HI, 96819 13,200 sqft Save House Remove from Saved