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1240 Young St, HONOLULU, HI 96814
COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 4 ones, 6 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.
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Multi-family details
1961 year built
- Year Built 1961
- Year Remodeled 2024
- Days on market 2
- Price per sqft $570/sqft
-
Address
1240 Young St, HONOLULU, HI, 96814
- Frontage Other
- Neighborhood Makiki Area
- Land tenure FS - Fee Simple
- Land SqFt 7,921 sqft
- View None
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$14,787
Taxes
$657
HOA dues
$0
Mortgage
Down payment
$580,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$14,787 / month
Neighborhood: Makiki Area
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
15.33 / 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
Unit Information
10 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
10
Amenities & Features
7 parking places
Stories
Two
Furnished
Partial
Construction
Hollow Tile
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Excellent
Parking
Assigned
nr.of parking places
7
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Makiki Area prices
Average price $571.72k
Neighborhood average sales price*
$571.72k
Neighborhood median sales price*
$380k
Number or sales*
86
Street median sales price*
$360k
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
Elementary School
|
0.153mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
Middle School
|
0.359mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
High School
|
0.334mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.153mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.359mi | |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
0.575mi | |
|
Playmate Kindergarten, Day Care
1704 Keeaumoku Street,
Honolulu, HI 96822
|
0.615mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.673mi |
| School rating | Distance | |
|---|---|---|
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.359mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.537mi |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
0.575mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.673mi | |
|
Punahou School
1601 Punahou Street,
Honolulu, HI 96822
|
0.681mi |
| School rating | Distance | |
|---|---|---|
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.334mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.404mi |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
0.575mi | |
|
Punahou School
1601 Punahou Street,
Honolulu, HI 96822
|
0.681mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
0.695mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Tax & MLS details 1240 Young St, HONOLULU, HI, 96814
MLS #202505617
Current Property Taxes p/month
$657
Assessed Improvement value
$240,100
TMK
1-2-4-004-084-0000
Flood Zone
Zone X
Topography
Level
Lot Description
Clear
Total Assessed value
$2,493,600
Listed by
Commercial Inv. Strategies
(808) 429-1098
(808) 429-1098
MLS #
202505617
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Frequently asked questions for 1240 Young St
When was this multi-family home built and last sold?
This house was build in 1961.
What is the full address of this multi-family home?
1240 Young St, HONOLULU, HI, 96814.
Are there beaches near 1240 Young St?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 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 February 25, 2025.
Hawaii House Last checked less than a minute ago.
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