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Quadplex with Redevelopment Potential
For Sale
$2,150,000

1119 Young Street, Honolulu, HI 96814

MULTI_FAMILY - Honolulu, HI

Property SizeContact for details
Days on Market149

Property Features for 1119 Young Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 33 - BMX-3 Community Business M
Parking 4
Parking features Assigned, Covered, Open
Appliances Dryer, Washer
Subdivision MAKIKI AREA
Lot features Cleared, Interior Lot, Level
Elementary school Kaahumanu
Middle school Stevenson
High school Mckinley
Standard status Active
APN 1-2-4-003-004-0000

Taxes and HOA fees

Tax Annual Amount 7164

Utilities

Utilities Water Available
Water source Public

Building Details

Year built 1937
Floors in Building 1
Number of units 4
Building materials Single Wall
Listing Agency: Locations LLC
Listed By: Russell K Nishimoto · License #RB-10963
Added: Mar 16 Changed: Jul 27 Last Checked: Aug 11 at 10:06PM
MLS# 202605768

Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property consists of four distinct residential dwellings arranged as a quadplex: one 3-bedroom unit, one 2-bedroom unit, and two 1-bedroom units. The units are currently fully occupied and described as responsibly maintained by the owner. This setup provides existing rental housing while also allowing a buyer to evaluate longer-term redevelopment options for the underlying land.

The parcel is located between Pensacola St. and Piikoi St., placing it within close proximity to Ala Moana Center, Downtown, and the University of Hawai'i. The offering references BMX-3 zoning for the land, which can be a key factor for parties interested in redevelopment planning.

For tenants, the building offers a mix of unit sizes across 1-, 2-, and 3-bedroom configurations within an owner-maintained, fully occupied property. For buyers and investors, the current income-producing occupancy may be paired with a careful review of development possibilities tied to the BMX-3 zoning designation, supported by the existing structures that can be operated in the near term.

Key Highlights

  • BMX‑3 zoned parcel with four distinct dwellings: 3BR, 2BR, and two 1BR units
  • All four dwellings are fully occupied and owner‑maintained
  • Water available with public water source

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Demographics for 96814, HI

24,870
Population
15,346
Households
1.6
Avg Household Size
47
Median Age
50%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
20,725
Density / Sq Mi
$77,336
Median Household Income
$55,408
Median Earnings
$1,770
Median Rent
$706,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex on a BMX-3 zoned lot, fully occupied and offered alongside redevelopment considerations.
Where is this quadplex located?
The property is located at 1119 Young Street Honolulu, HI.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: BMX‑3 zoned parcel with four distinct dwellings: 3BR, 2BR, and two 1BR units; All four dwellings are fully occupied and owner‑maintained; Water available with public water source
More about this property
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