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Honolulu Multifamily Property Near Iolani School

534 Kamoku Street, Honolulu, HI 96826

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For Sale

$2,688,000

Desirable Honolulu multifamily property with development potential and stable tenants.

Type:Multi-Family / Multi-Family

Property size:

6,655 SF

Price / SF:

$403/SF

HighLights

Prime location directly across from Iolani School in a highly desirable neighborhood.
Large A‑2 zoned lot with significant development potential.
Two structures with a total of nine spacious units (mix of 2 bed units, including a penthouse).
Stable tenant base with upside potential for increasing rents.
Four out of nine units have been renovated.
Nine parking spaces (8 covered) and leased coin laundry providing income.

We can help!

Listing Contact

Christina L Dwight

Learn more

For Sale

$2,688,000

Desirable Honolulu multifamily property with development potential and stable tenants.

Type:Multi-Family / Multi-Family

Property size:

6,655 SF

Price / SF:

$403/SF

Added:: Jan 7, 2026
Days on Market:: 156
Last Refresh:: Mar 13 at 6:45 pm

Property Features for 534 Kamoku Street

General Information

Standard status: Active
Size: 6,655 SF
Property subtype: Multi-Family / Multi-Family

Building Details

Year Built: 1951

We can help!

Listing Contact

Christina L Dwight

Listing agent Christina L Dwight License #RB-20978

Listing office Commercial Inv. Strategies

Listing date Jan 7, 2026

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All listing content including descriptions, pricing, images are the copyrighted material of Commercial Inv. Strategies

HighLights

Prime location directly across from Iolani School in a highly desirable neighborhood.
Large A‑2 zoned lot with significant development potential.
Two structures with a total of nine spacious units (mix of 2 bed units, including a penthouse).
Stable tenant base with upside potential for increasing rents.
Four out of nine units have been renovated.
Nine parking spaces (8 covered) and leased coin laundry providing income.

Overview

Located directly across from Iolani School, this multifamily property features curb appeal and a desirable location. The A-2 zoned lot offers development potential. The property includes two structures. The front building, constructed of hollow tile, contains five units: four units with two bedrooms and one bathroom each, plus a penthouse unit with two bedrooms and one and a half bathrooms. These units offer privacy. The back building has two stories: a hollow tile first floor and a wood second floor, with four two-bedroom units. Four of the nine units have been renovated. There are nine parking spaces, with eight covered. The back building was recently painted and has two sets of stairs for separate access. A leased coin laundry provides income. The property has a stable tenant base and upside potential to existing rents. The property size is 6655 square feet.

Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City: Honolulu
County: Honolulu
State: Hawaii
Longitude: -157.8256564
Latitude: 21.2859834

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For sale
Apartment buildings
HI
Honolulu
96826
534 Kamoku Street

What type of property is this?

Apartment building - Desirable Honolulu multifamily property with development potential and stable tenants.

Where is this apartment building located?

The property is located at 534 Kamoku Street Honolulu, HI.

What is the asking price?

The asking price for this property is $2,688,000.

What are key features of this property?

This property features: Prime location directly across from Iolani School in a highly desirable neighborhood.; Large A‑2 zoned lot with significant development potential.; Two structures with a total of nine spacious units (mix of 2 bed units, including a penthouse).