3208 Waialae Ave , Honolulu, Hi 96816

Rare opportunity for an owner-user or investor to have multiple revenue streams with both commercial and residential applications! Prime location, including the former Venus Building, that encompasses 7,457 square feet of land and features an 892 square foot retail space and a residential home used as a 4-unit rental apartment. Property is strategically located along bustling Waialae Avenue, granting maximum exposure and accessibility. Property also includes a 2,112 square foot residential structure housing multiple units: one 3-bedroom/1-bath, two 1-bedroom/1-bath, and one studio/1-bath. This combination of residential and commercial units presents an attractive investment opportunity for buyers looking to capitalize on the growing demand for mixed-use properties in the area. As part of the Kaimuki/Palolo/Waialae neighborhood, 3208 Waialae Avenue also benefits from a vibrant community atmosphere and close proximity to many schools, the University of Hawaii at Manoa, St. Louis and Chaminade, phenomenal local eateries, shops and businesses. Sold in its WHERE IS and AS IS conditions.

Home details

2,112 sqft interior area

Year Built 1942
Days on market 53
Price per sqft $1,207/sqft
Beds 4
Address
3208 Waialae Ave, Honolulu, HI, 96816
Total area 2,112 sqft
Interior area 2,112 sqft
Land area 7,457 sqft
nr.of parking places 3
Property type Multiple Dwellings
Pool None
Neighborhood Palolo
City of Oahu Honolulu
Region Diamond Head
Island Oahu
Land tenure FS - Fee Simple
View None

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments

Mortgage

$13,002

Taxes

$139,958

HOA dues

$0

Mortgage

Last listprice

Down payment

$510,000 / 20%

Interest rate

6.58%

Loan type

30 years

Your amount $13,002 / month

Taxes

Property taxes

$139,958 / month

Estimated tax $139,958 / month

Property tax figures are deemed reliable but not guaranteed. All property tax information needs to be verified by the buyer.

No HOA dues

Neighborhood: Palolo

Oahu

Diamond Head

Palolo

Nearby & commute

Walkability

Coffee shops

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Bus stop

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Supermarket

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Costco

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Hospital

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Park

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Beach

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Elementary school

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no data

Middle school

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High school

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Local airport

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no data

16.33 / 20

Very walkable

►

18-20

Most Walkable

15-18

Very walkable

10-15

Somewhat walkable

1-10

Car dependent

Walkability according to the National Walkability Index

Amenities & Features

3 parking places, Hardwood floors

Floors

Hardwood

Stories

One

Furnished

None

Construction

Wood Frame

Utilities

Gas, Overhead Electricity, Public Water

Property Condition

Fair

Amenities

None

Inclusions

None

Palolo prices

Average price $468.26k

Neighborhood average sales price*

$468.26k

Neighborhood median sales price*

$359.5k

Number or sales*

84

Street median sales price*

$235k

Median sale price One Kalakaua Senior Living*

$235k

*last 6 months

About Palolo

The neighborhood of Palolo is one of last of the more affordable neighborhoods in Honolulu, Oahu. Palolo Valley is an older neighborhood like many of the surrounding neighborhoods. The first homes were built here in the 1920s, but the vast majority of hom Read more

Schools

15 schools with rating up to 9

School rating		Distance
7 out of 10	Aliiolani Elementary School 1240 7th Ave, Honolulu, HI 96816 Elementary School	0.206mi
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816 Middle School	0.103mi
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816 High School	0.103mi

School rating		Distance
7 out of 10	Aliiolani Elementary School 1240 7th Ave, Honolulu, HI 96816	0.206mi
NR	St Patrick School 3320 Harding Avenue, Honolulu, HI 96816	0.243mi
NR	Aikane O Hokulani 2940 Kamakini St, Honolulu, HI 96816	0.423mi
9 out of 10	Hokulani Elementary School 2940 Kamakini St, Honolulu, HI 96816	0.452mi
8 out of 10	King Liholiho Elementary School 3430 Maunaloa Ave, Honolulu, HI 96816	0.589mi

School rating		Distance
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816	0.103mi
NR	St Patrick School 3320 Harding Avenue, Honolulu, HI 96816	0.243mi
NR	Kaimuki Christian School 1117 Koko Head Ave, Honolulu, HI 96816	0.766mi
NR	Sacred Hearts Academy 3253 Waialac Avenue, Honolulu, HI 96816	0.778mi
NR	Varsity International School 2617 South King St., 3-D, Honolulu, HI 96826	0.93mi

School rating		Distance
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816	0.103mi
3 out of 10	Kaimuki High School 2705 Kaimuki Ave, Honolulu, HI 96816	0.566mi
NR	Kaimuki Christian School 1117 Koko Head Ave, Honolulu, HI 96816	0.766mi
NR	Sacred Hearts Academy 3253 Waialac Avenue, Honolulu, HI 96816	0.778mi
NR	Varsity International School 2617 South King St., 3-D, Honolulu, HI 96826	0.93mi

Price history

Expired Mar 27, 2024

Date	Event	Price	$/sqft	Source
Mar 27, 2024	Expired	$2,799,900	$1,325.71	MLS #202309717
Feb 12, 2024	Price Decrease	$2,799,900 -7.93%	$1,325.71	MLS #202309717
Apr 26, 2023	New Listing	$3,041,020	$1,439.88	MLS #202309717
Apr 26, 2023	Cancelled	n/a	$0.00	MLS #202306846
Apr 25, 2023	Hold	n/a	$0.00	MLS #202306846
Mar 25, 2023	Coming Soon	n/a	$0.00	MLS #202306846

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Tax & MLS details 3208 Waialae Ave, Honolulu, HI, 96816

MLS #202508053

Current Property Taxes p/month

$139,958

Assessed Improvement value

$98,600

TMK

1-3-3-002-028-0000

Flood Zone

Zone X

Topography

Gentle Slope

Lot Description

Clear,Irregular

Total Assessed value

$1,679,500

Listed by

Bratton Realty Advisors Ltd
(808) 523-9708

MLS #

202508053

Hawaii House tour report for this home

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Stunning views

Ocean views

Open floorplan

Needs Work

Street noise

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Frequently asked questions for 3208 Waialae Ave

What is 3208 Waialae Ave?

3208 Waialae Ave, Honolulu, HI, 96816 is a single family home located in the Palolo neighborhood of the Diamond Head region in the city of Honolulu in zipcode 96816. This single family home has 4 bedrooms & bathrooms with an interior area of 2112 sqft, on a 7457 sqft lot.

When was this home built and last sold?

This house was build in 1942.

What is the full address of this home?

3208 Waialae Ave, Honolulu, HI, 96816.

Are there beaches near 3208 Waialae Ave?

The nearest beach is 1.402 miles away, called Waikiki Beach. It should take about 5 min drive.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Bratton Realty Advisors Ltd. 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 April 25, 2025.
Hawaii House Last checked less than a minute ago.

3208 Waialae Ave, Honolulu, HI, 96816 is a single family home located in the Palolo neighborhood of the Diamond Head region in the city of Honolulu in zipcode 96816. This single family home has 4 bedrooms & bathrooms with an interior area of 2112 sqft, on a 7457 sqft lot. This house was build in 1942.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

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3208 Waialae Ave, Honolulu, HI 96816

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