Renovated Residential Income
3741 Harding Avenue Honolulu, HI 96816
For Sale
$1,875,000
Renovated in 2019 with split AC, 7 bedrooms, and 5 bathrooms, plus a leased-ready configuration with solar systems.
Property Size2,799 SF
Price / SF$669.88
Days on Market386
Property Features for 3741 Harding Avenue
General Information
- Standard status
- Active
- Size
- 2,799 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1913
Listing Agency:
eXp Realty
(808) 725-2794
Listed By:
Kelly Tran · License #RS-79098
(808) 725-2794
Source:
Xome
Added: Jul 7, 2025
Changed: Jul 21
Last Checked: Jul 22 at 3:45AM
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 eXp Realty
Investment Insights
Based on property information with market context.
Renovated in 2019 and ready to move in, this residential income duplex features an open floor plan with high ceilings and a 7-bedroom, 5-bath layout. Split AC units serve the entire house, and the property includes stainless steel appliances, multiple washer/dryer hookup sets, and an owned photovoltaic system with a HECO Net Metering Agreement, along with an efficient solar water heater. The main house (3 beds/3 baths) is currently vacant and available for viewing, and a newer roof was installed on June 15, 2016. The property is sold as-is, and items shown in photos are for staging purposes only; furniture is not included.
Located in the Kaimuki area, the home is positioned near the University of Hawaii at Manoa and Kapiolani Community College, with Kahala shopping mall, Diamond Head State Monument, the zoo, Waikiki, Ala Moana, and nearby beaches within reach. It is also within walking distance to a library and restaurants, with plenty of parking available.
Located in the Kaimuki area, the home is positioned near the University of Hawaii at Manoa and Kapiolani Community College, with Kahala shopping mall, Diamond Head State Monument, the zoo, Waikiki, Ala Moana, and nearby beaches within reach. It is also within walking distance to a library and restaurants, with plenty of parking available.
Key Highlights
- Renovated in 2019 and ready to move in
- 7 bedrooms, 5 bathrooms with an open floor plan and high ceilings
- Split ACs for the entire house
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.6k | $30.60 |
| − Vacancy | −$6.0k | −$2.15 |
| EGI | $79.6k | $28.45 |
| − OpEx | −$23.9k | −$8.53 |
| NOI | $55.7k | $19.91 |
2,799 SF · lease $30.60/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$796.3K
$696.8K – $929.0K
NOI $55,740 @ 7.0% cap · market cap 2.97%
Second Best
Apartment 5plus
$733.1K
$641.5K – $855.3K
NOI $51,319 @ 7.0% cap · market cap 2.74%
Theoretical Best
Specialty Retail
$1.13M
$992.3K – $1.32M
NOI $79,380 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated in 2019 with split AC, 7 bedrooms, and 5 bathrooms, plus a leased-ready configuration with solar systems.
Where is this duplex located?
The property is located at 3741 Harding Avenue Honolulu, HI.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Renovated in 2019 and ready to move in; 7 bedrooms, 5 bathrooms with an open floor plan and high ceilings; Split ACs for the entire house
