1156 Alewa Drive, Honolulu, HI 96817
- $1,725,000
- 6
- BD
- 3
- BA
- 2,395
- SqFt
- Sold Price
- $1,725,000
- List Price
- $1,695,000
- MLS #
- 202604525
- Days on Market
- 78
- Closing Date
- May 29, 2026
- Status
- CLOSED
- Type
- Single Family Residential
- Bedrooms
- 6
- Full Baths
- 3
- Living Area
- 2,395
- Land Area
- 8,052
- Land Tenure
- FS - Fee Simple
- Neighborhood
- Alewa Heights
- Subdivision
- Alewa Heights
Property Description
An extremely rare offering to acquire 3 fully detached residential dwellings, located on a single parcel in Honolulu. 2025 renovations increased rental income, lowered risk and maintenance costs. Ideal for an owner occupier to live in the main house and receive significant rental income from 2 improved rental units. Also ideal for 1031 exchange or investors seeking stable NOI coupled with long-term appreciation. Immediate rental income of $5,750/mo. incl. GET can offset mortgage payment, plus potential income of $3,400/mo. incl. GET from the 3rd home can generate a total of $9,150/mo. in rental income. Quiet setting with cool breezes, each house offers 2 bedrooms and 1 bathroom, separate electric meter, washer/dryer, private yard, remodeled kitchen, new appliances and flooring. Located on Alewa Drive, in a desirable neighborhood, just past Assets School. Amazing views of the ocean, downtown Honolulu, and Diamond Head. The roofs are in good condition, convenient and secure exterior storage, and a large covered carport. Please do not disturb tenants or park in the driveway. A few photos have been virtually staged(enhanced).
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Additional Information
- Island
- Oahu
- Utilities
- Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available
- View
- City, Mountain(s), Ocean
- Elementary School
- Maemae
- Middle School
- Kawananakoa
- High School
- Mckinley
- Lot Size
- 8,052
- Construction Materials
- Hollow Tile, Single Wall, Wood Frame
- Pool Features
- None
- Neighborhood
- Alewa Heights
- Furnished
- Unfurnished
- Year Built
- 1939
- Hoa Fee Includes
- None
- Inclusions
- Attic Fan, Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
- Parking Features
- Carport, Driveway, Three or more Spaces, On Street
- Lot Features
- Interior Lot, Irregular Lot, Level
- Style
- Multiplex
- Stories
- 1
- Assessed Total
- 1315300
- Water
- Public
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Listing courtesy of REMAX Hawaii. Selling Office: Team Lally.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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