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Active under contract
  • $1,880,000

    1413 Emerson St, Honolulu, HI 96813

    --beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1947
    -- sqft lot
    $1,878,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Perfect turn key investment property! Renovated interiors, newly painted exterior, and stabilized rents with great cashflow! All the work is done! High demand rental area with close proximity to Queen's Hospital, Straub Hospital, Downtown Honolulu and more. Seven (7) - 2 Bed / 1 Bath and Three (3) - 1 Bed / 1 Bath apartment units. Strong Cashflow generating over $14k in gross rents and an in place 6.2% CAP rate on stabilized income and expenses.
    45 days
    on Zillow
    |
    30
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 11, 2025 at 02:37pm

    Listed by:

    Jared Ikeda 808-664-3296,

    Apartment Advisors LLC,

    Lindsey Wong 808-275-7535,

    Apartment Advisors LLC

    Source: HiCentral MLS,MLS#: 202509428MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Included: Dryer, Washer
    • Laundry: Coin-operated

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: City
    Lot
    • Features: Cleared, Level
    • Topography: Level
    Details
    • Parcel number: 1210390440000
    • Zoning description: 12 - A-2 Medium Density Apartme
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Concrete, Single Wall
    Condition
    • Average Condition
    • Year built: 1947

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Punchbowl-Lower
    Location
    • Region: Honolulu

    Financial & listing details

    • Tax assessed value: $1,476,400
    • Annual tax amount: $5,280
    • Date on market: 4/5/2025
    • Total actual rent: 14360
    • Tenant pays: Cable TV, Electricity, Gas, Other
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