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    1003 3Rd Ave Honolulu, HI 96816

    Sponsored
    For Sale
    $2,650,000

    MULTI_FAMILY - Honolulu, HI

    Days on Market:
    4
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 1003 3Rd Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    1-3-2-010-048-0000
    Parking
    12
    Parking features
    Open

    Utilities

    Utilities
    Cable Available
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1942
    Floors in Building
    1
    Number of units
    12
    Building materials
    Single Wall

    Five Star Realty Inc (808) 382-6871 [email protected]

    Listing agent Brian Chua (808) 382-6871 License #RB-21314

    Listing date Jan 7, 2026

    MLS# 202525869 Listing URL

    Copyright © 2026 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Honolulu Multifamily Investment Opportunity

    Located in the Kaimuki neighborhood of Honolulu, this multifamily property presents an investment opportunity. The property is situated on a 15,600 sq ft lot zoned R-3.5. The property contains 12 rental units, including 5 studios, 6 one-bedroom units, and 1 two-bedroom unit, distributed among five structures. Positioned on a corner lot that extends from 3rd Avenue to Palima Place, across Pahoa Avenue, the property offers accessibility. There are 11 individual electric meters, 11 individual gas meters, and 2 water meters. The location provides convenient access to freeway on/off ramps, restaurants and businesses along Waialae Avenue and Kapahulu Avenue, Market City Shopping Center, Kapahulu Shopping Center, and Waikiki.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8105
    Latitude
    21.28507

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Kaimuki neighborhood with 12 rental units.
    Where is this apartment building located?
    The property is located at 1003 3Rd Ave Honolulu, HI.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Large 15,600 sq. ft. lot zoned R-3.5 in Kaimuki.; - Total of 12 rental units offering 5 studios, 6 one-bedroom, and 1 two-bedroom.; - Five separate structures provide diverse rental options.
    (808) 255-3839
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    1003 3Rd Ave Honolulu, HI 96816
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    Honolulu, HI 96816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1003 3Rd Ave Honolulu, HI 96816
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