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Corner Lot Multifamily Portfolio

1003 3rd Avenue Honolulu, HI 96816

1003 3rd Avenue, Honolulu, HI, 96816
$2,650,000
For Sale
$2,650,000

Multifamily property with 12 rental units across five separate structures on a corner lot with multiple utility meters.

Lot Size15,600.00 Acres
Days on Market239

Property Features for 1003 3rd Avenue

General Information

Standard status
Active
Lot size
15,600.00 Acres
Property subtype
Multi-Family / Multi-Family

Building Details

Year Built
1942
Listing agency Five Star Realty, Inc.
Listed by Brian Chua · License #RB-21314
Source Compass
Added: Nov 24, 2025 Updated: Jul 21 at 4:09AM Checked: Jul 21 at 4:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Five Star Realty, Inc.


Investment Insights

Based on property information with market context.

This income-generating multifamily property consists of 12 rental units distributed across five separate structures, including five studio units, six one-bedroom units, and one two-bedroom unit. The site is a corner lot with a reported 15,600 sq. ft. lot area, zoned R-3.5.

The property is situated on 3rd Avenue and Palima Place, across Pahoa Avenue, and is described as offering convenient access near freeway on/off ramps. It is also noted as being near retail and dining corridors, including Market City Shopping Center, Kapahulu Shopping Center, and areas along Waialae Avenue and Kapahulu Avenue.

Utilities are separately metered, with 11 individual electric meters, 11 individual gas meters, and 2 water meters. The buyer is instructed to perform their own due diligence.

Key Highlights

  • 12 rental units across five separate structures, including 5 studios, 6 one‑bedroom units, and 1 two‑bedroom unit
  • 15,600 sq. ft. lot zoned R‑3.5 on a corner lot with frontage from 3rd Avenue to Palima Place across Pahoa Avenue
  • Utilities include 11 individual electric meters, 11 individual gas meters, and 2 water meters

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Multifamily property with 12 rental units across five separate structures on a corner lot with multiple utility meters.
Where is this apartment building located?
The property is located at 1003 3rd Avenue 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: 12 rental units across five separate structures, including 5 studios, 6 one‑bedroom units, and 1 two‑bedroom unit; 15,600 sq. ft. lot zoned R‑3.5 on a corner lot with frontage from 3rd Avenue to Palima Place across Pahoa Avenue; Utilities include 11 individual electric meters, 11 individual gas meters, and 2 water meters
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