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Multi-Unit Apartment Building with Carport
For Sale
$1,549,000

1578 Pele Street, Honolulu, HI 96813

MULTI_FAMILY - Honolulu, HI

Property SizeContact for details
Days on Market127

Property Features for 1578 Pele Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 07 - R-3.5 Residential District
Parking 3
Parking features Assigned, Covered
Appliances Dryer, Washer
Subdivision PUNCHBOWL AREA
Lot features Corner Lot
View City, Ocean
Standard status Active
APN 1-2-2-003-017-0000

Taxes and HOA fees

Tax Annual Amount 7634

Utilities

Utilities Cable Available
Cooling system Central Air
Water source Public

Building Details

Year built 1956
Floors in Building 2
Number of units 5
Building materials Single Wall, Wood Frame
Listing Agency: Coldwell Banker Island Prop · Coldwell Banker Real Estate
Listed By: Beverly Taira · License #RB-23375
Added: Apr 8 Changed: Aug 5 Last Checked: Aug 12 at 5:06AM
MLS# 202607167

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.

This five-unit apartment property is arranged across two separate structures and includes a balcony with ocean, sunset, mountain, and city views. The home is cooled by central air. Washer and dryer are included, and the construction features single wall and wood frame elements. Parking is supported with covered, assigned spaces, including a carport for three vehicles.

Utilities include cable availability, and the water source is public. Built in 1956, the property is offered as a tenant-occupied investment; investor-friendly access and advance showing notice are required.

For tenants and operators, the configuration of two buildings with five total units can support flexible leasing. The property is presented as a versatile multi-unit holding in the Punchbowl area of Honolulu.

Key Highlights

  • Two separate structures totaling five units
  • Covered carport parking for three vehicles
  • Covered, assigned parking

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units

Location Intelligence

Demographics for 96813, HI

27,372
Population
13,511
Households
2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
7,603
Density / Sq Mi
$87,799
Median Household Income
$57,619
Median Earnings
$1,821
Median Rent
$804,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Five-unit apartment property with two structures, central air, and a covered carport for three vehicles.
Where is this apartment building located?
The property is located at 1578 Pele Street Honolulu, HI.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: Two separate structures totaling five units; Covered carport parking for three vehicles; Covered, assigned parking
More about this property
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