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266 N School Street, Honolulu, HI 96817
TO BE SOLD with Adjacent Property (Parcel 117-19-7), MLS #202426340 Combined, these properties offer 19 income-generating 2-bedroom, 1-bath units on 26,941 square feet of A-1 zoned land centrally located in Downtown Honolulu. An incredible investment opportunity for the right developer, creative investor, or contractor! Prime development opportunity on high-income property with potential high-rise (please consult with buyer's architect). This parcel currently includes 3 apartment buildings with 14 of the 2-bedroom, 1-bath units, and a vacant lot approximately (35 foot by 30). 12 WATER (C building has shared meters) & 14 GAS & ELECTRIC METER (TENANT REPONSIBLE FOR ALL UTILITIES). It provides privacy while being close to bus lines and shopping, restaurants, downtown business districts, easy to access H-1 freeway (East and West). The property is being sold as-is. Don’t miss out on this rare find—it’s a great buy with endless potential!
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Multi-family details
1954 year built
- Year Built 1954
- Year Remodeled 2010
- Original list price $3,500,000
- Days on market 41
- Building type Multi Dwellings
- Price per sqft $702/sqft
-
Address
266 N School Street, Honolulu, HI, 96817
- Neighborhood Kuakini
- Land tenure FS - Fee Simple
- Land SqFt 17,937 sqft
- View City, Garden
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$17,846
Taxes
$692
HOA dues
$0
Mortgage
Down payment
$700,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$17,846 / month
Neighborhood: Kuakini
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
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
13.33 / 20
Somewhat 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
14 total units
# of 1 Bd
0
# of 2 Bd
14
# of 3 Bd
0
Total Units
14
Amenities & Features
17 parking places
Stories
Two
Roof
Asphalt Shingle
Construction
Above Ground, Wood Frame
Utilities
Gas, Public Water, Sewer Fee, Water
Property Condition
Fair
Parking
Assigned, Open, Tandem
nr.of parking places
17
Amenities
None
Income
Net Operating Income: $185,988
Total Actual Rent
$16,858
Total Annual Operating Expenses
$16,308
Total Income
$202,296
Net Operating Income
$185,988
Kuakini prices
Average price $1.15m
Neighborhood average sales price*
$1.15m
Neighborhood median sales price*
$1.12m
Number or sales*
4
*last 6 months
Schools
15 schools with rating up to 5
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
Elementary School
|
0.135mi |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
Middle School
|
0.209mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
High School
|
0.429mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
|
0.135mi |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.205mi | |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.209mi | |
|
Hawaii Baptist Academy - Elementary
21 Bates Street,
Honolulu, HI 96817
|
0.341mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.382mi |
| School rating | Distance | |
|---|---|---|
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.209mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.382mi | |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.391mi | |
| out of 10 |
Prince David Kawananakoa Middle School
49 Funchal St,
Honolulu, HI 96813
|
0.412mi |
|
Waolani Judd Nazarene School
408 Judd Street,
Honolulu, HI 96817
|
0.518mi |
| School rating | Distance | |
|---|---|---|
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.429mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.661mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.742mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.742mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.795mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Nov 16, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 16, 2024 | New Listing | $3,500,000 +75% | $702.25 | MLS #202426382 |
| Nov 3, 2010 | Sold | $2,000,000 +11.26% from last sold price | $401.28 | Public Record |
| Aug 11, 2010 | Active Under Contract | $2,000,000 | $401.28 | MLS #1008041 |
| Jun 18, 2010 | New Listing | $2,000,000 +11.26% | $401.28 | MLS #1008041 |
| Jul 15, 2005 | Sold | $1,797,630 -2.84% from last sold price | $360.68 | Public Record |
| May 11, 2005 | In Escrow - not showing | $1,850,225 | $371.23 | MLS #2505196 |
| Apr 9, 2005 | Active Under Contract | $1,850,225 | $371.23 | MLS #2505196 |
| Apr 8, 2005 | New Listing | $1,850,225 | $371.23 | MLS #2505196 |
Tax & MLS details 266 N School Street, Honolulu, HI, 96817
11 - A-1 Low Density Apartment zoning / MLS #202426382
Current Property Taxes p/month
$692
Property Tax Year
2024
Assessed Improvement value
$196,900
Assessed Land value
$2,176,000
TMK
1-1-7-019-008-0000
Land Recorded
Land Court
Zoning
11 - A-1 Low Density Apartment
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Clear,Irregular
Property Setbacks
C&C
Total Assessed value
$2,372,900
Listed by
Five Star Realty, Inc.
(808) 382-6871
(808) 382-6871
MLS #
202426382
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 266 N School Street
When was this multi-family home built and last sold?
This house was build in 1954.
What is the full address of this multi-family home?
266 N School Street, Honolulu, HI, 96817.
Are there beaches near 266 N School 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 Five Star Realty, Inc.. 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 December 03, 2024.
Hawaii House Last checked less than a minute ago.
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