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266 N School Street, Honolulu, HI, 96817
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266 N School Street, Honolulu, HI 96817

$3,500,000 Multi-Family Home for sale 4,984 sqft Neighborhood:  Kuakini
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 34
  • 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
$18,538 per month
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
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
13.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
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 $706.67k
Neighborhood average sales price*
$706.67k
Neighborhood median sales price*
$725k
Number or sales*
3
Street median sales price*
$725k
Median sale price Kahiku at Mehana*
$725k
*last 6 months

Schools

15 schools with rating up to 5
School rating Distance
5
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
Elementary School
0.135mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
Middle School
0.209mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
High School
0.429mi
School rating Distance
5
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.135mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.205mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.209mi
NR
Hawaii Baptist Academy - Elementary
21 Bates Street, Honolulu, HI 96817
0.341mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.382mi
School rating Distance
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.209mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.382mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.391mi
4
out of 10
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
0.412mi
NR
Waolani Judd Nazarene School
408 Judd Street, Honolulu, HI 96817
0.518mi
School rating Distance
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.429mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.661mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.742mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.742mi
NR
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
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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
MLS #
202426382
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 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 1 minute ago.

Multi-Family Home for sale $3,500,000 266 N School Street, Honolulu, HI, 96817 4,984 sqft Save House Remove from Saved