SOLD 10/16/2025
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540 Iolani Ave, Honolulu, HI 96813
$4,000,000 $4,500,000
Multi-Family Home
sold
8,784 sqft
Neighborhood:
Punchbowl Area
Sold 10/16/2025
$4,000,000 $4,500,000
Two story walk up apartment building. It will require some repair but is in excellent location.
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Multi-family details
1957 year built
- Year Built 1957
- Days on market 85
- Price per sqft $455/sqft
-
Address
540 Iolani Ave, Honolulu, HI, 96813
- Neighborhood Punchbowl Area
- Land tenure FS - Fee Simple
- Land SqFt 11,560 sqft
- View City, Ocean
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$20,395
Taxes
$671
HOA dues
$0
Mortgage
Down payment
$800,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$20,395 / month
Neighborhood: Punchbowl Area
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
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no data
High school
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no data
Local airport
—
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
18 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
18
Amenities & Features
6 parking places
Stories
Two
Furnished
None
Construction
Above Ground, Double Wall, Hollow Tile, Masonry/Stucco
Utilities
Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Needs Major Repair
Parking
Assigned
nr.of parking places
6
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Punchbowl Area prices
Average price $865.33k
Neighborhood average sales price*
$865.33k
Neighborhood median sales price*
$905k
Number or sales*
15
*last 6 months
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
Elementary School
|
0.319mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
Middle School
|
0.357mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
High School
|
0.357mi |
| School rating | Distance | |
|---|---|---|
|
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.319mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.357mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.449mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.564mi | |
|
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.604mi |
| School rating | Distance | |
|---|---|---|
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.357mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.357mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.449mi | |
|
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.479mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.564mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.357mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.357mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.449mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.48mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.495mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired May 20, 2012
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 20, 2012 | Expired | $3,500,000 | $398.45 | MLS #1114393 |
| Dec 7, 2011 | New Listing | $3,500,000 +16.67% | $398.45 | MLS #1114393 |
| Jun 7, 2006 | Sold | $3,000,000 -8.95% from last sold price | $341.53 | Public Record |
| Jun 4, 2006 | Expired | $3,295,000 | $375.11 | MLS #2600162 |
| May 30, 2006 | In Escrow - not showing | $3,295,000 | $375.11 | MLS #2600162 |
| Feb 15, 2006 | Active Under Contract | $3,295,000 | $375.11 | MLS #2600162 |
| Jan 3, 2006 | New Listing | $3,295,000 -5.72% | $375.11 | MLS #2600162 |
| Dec 8, 2005 | Cancelled | $3,495,000 | $397.88 | MLS #2515175 |
| Sep 12, 2005 | New Listing | $3,495,000 +249.85% | $397.88 | MLS #2515175 |
| Oct 10, 2000 | Cancelled | $999,000 | $113.73 | MLS #2007020 |
| Aug 11, 2000 | Price Decrease | $999,000 -29.89% | $113.73 | MLS #2007020 |
| Jul 27, 2000 | New Listing | $1,425,000 | $162.23 | MLS #2007020 |
Tax & MLS details 540 Iolani Ave, Honolulu, HI, 96813
MLS #202516843
Current Property Taxes p/month
$671
Assessed Improvement value
$258,900
TMK
1-2-2-004-058-0000
Flood Zone
Zone X
Topography
Gentle Slope
Lot Description
Irregular
Total Assessed value
$2,294,500
Listed by
Rein Hollar Realty
(808) 216-7300
(808) 216-7300
MLS #
202516843
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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Frequently asked questions for 540 Iolani Ave
When was this multi-family home built and last sold?
This house was build in 1957 and sold in 2025.
What is the full address of this multi-family home?
540 Iolani Ave, Honolulu, HI, 96813.
Are there beaches near 540 Iolani Ave?
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 Rein Hollar Realty. 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 October 16, 2025.
Hawaii House Last checked less than a minute ago.
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