Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,500,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Full Baths
  • Kalihi Area
  • Fee Simple
See This Home
Save This Home
See This Home
Save This Home
Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage - suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8-9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) - Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.

Full Property Details for 1104 Palama St

General

  • Price: $1,500,000
  • Taxes: $13,524
  • Status: Active
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202612167
  • Updated: 6/26/2026
  • Added to Site: 15 day(s) ago

Rental Information

  • Complex Features: None

Interior

  • Furnishings: Unfurnished
  • Flooring: Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Security/Safety: Key Card Entry

Parking

  • Total Spaces: 4
  • Parking Features: Three or more Spaces

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: KAPALAMA

Community

  • Assoc. Fees Include: None

Utilities

  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Other, Phone Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Multi-Family, Multiplex
  • Detached/Attached: Detached
  • Construction: Wood Frame
  • Stories/Levels: 2
  • Square Feet: 3,296
  • Living Area: 3,296 Sq. Ft.
  • Year Built: 1905
  • Property Condition: Average Condition, Updated/Remodeled

Lot Features

  • Property View: City
  • Lot Size: 3849
  • Frontage: County Road
  • Topography: Level
  • Lot Features: Cleared, Corner Lot, Level
  • Zoning: 05 - R-5 Residential District

Financial Considerations

  • Assessment Amount: $1,091,600
  • Tax Amount: $13,524

Disclosures and Reports

  • Special Conditions: None
  • Land Tenure: Fee Simple
  • Inclusions: None
  • Disclosures/Reports: None
  • Disclosures/Rstr.: None
  • Property ID: 1-1-6-001-019-0000

Listed by Fogarty Realty, Inc.

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1104 Palama St —

  • Fogarty Realty, Inc.

(808) 955-5100

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1104 Palama St

School District:Hawaii Department of Education
NameGradesDistance
Princess Miriam K Likelike Elementary School
1618 Palama Street, Honolulu, HI 96817
PK-50.2 mi
Princess Ruth Keelikolani Middle School
1302 Queen Emma Street, Honolulu, HI 96813
6-81 mi
President William Mckinley High School
1039 South King Street, Honolulu, HI 96814
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1104 Palama St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/26/2026
Listed
$1,500,000
80.72%
MLS
1/22/2016
Sold
$830,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1104 Palama St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,523
—
$1,091,600
—
2025
$13,523
8%
$1,090,600
7%
2023
$12,518
-6%
$1,017,600
1%
2022
$13,308
14%
$1,009,500
-6%
2021
$11,626
—
$1,073,200
14%
2021
$11,626
—
$937,600
—
2021
$11,626
3%
$937,300
3%
2019
$11,331
42%
$913,800
42%
2018
$7,962
8%
$642,100
8%
2017
$7,358
6%
$593,400
6%
2016
$6,915
11%
$557,700
11%
2015
$6,238
12%
$503,100
8%
2013
$5,563
—
$467,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1104 Palama St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Fogarty Realty, Inc.

Similar Properties near 1104 Palama St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

45-612 Huinawai Pl, Kaneohe, HI 96744 - Photo 1
$1,490,000

45-612 Huinawai Pl  Kaneohe, HI 96744

  • Multi-Family
  • Active
  • 4
    Total Beds
53-797 Kamehameha Hwy, Hauula, HI 96717 - Photo 1
$1,700,000

53-797 Kamehameha Hwy  Hauula, HI 96717

  • Multi-Family
  • Active
  • 3
    Total Beds
Listed by Deborah Low (Lic#: RS-73474) (808) 382-8005 and Beth Yee (Lic#: RS-86250) (808) 927-7477

Just Listed near 1104 Palama St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

98-1042 Moanalua Rd, Aiea, HI 96701 - Photo 1 Just Listed
$418,888
Open House

98-1042 Moanalua Rd  #2-201  Aiea, HI 96701

  • Condo
  • Active
  • Updated 11 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 895
    Sq. Ft.
Listed by Michelle Acohido-Morales (Lic#: RS-80409) (808) 688-6189
98-501 Koauka Loop, Aiea, HI 96701 - Photo 1 Just Listed
$400,000

98-501 Koauka Loop  #A408  Aiea, HI 96701

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,115
    Sq. Ft.
99-1247 Napuanani Rd, Aiea, HI 96701 - Photo 1 Just Listed
$1,450,000
Open House

99-1247 Napuanani Rd  #A  Aiea, HI 96701

  • Single Family
  • Active
  • Updated 5 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,849
    Sq. Ft.
54-236 Kaipapau Loop, Hauula, HI 96717 - Photo 1 Just Listed
$1,599,000
Open House

54-236 Kaipapau Loop  Hauula, HI 96717

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 4
    Total Baths
  • 3,228
    Sq. Ft.
Listed by Tania Michelle Mahoni (Lic#: RS-80859) (808) 589-6042

Price Reduced near 1104 Palama St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

98-402 Koauka Loop, Aiea, HI 96701 - Photo 1 Price Reduced
-$25,100 (-5.28%)
$449,900

98-402 Koauka Loop  #615  Aiea, HI 96701

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 799
    Sq. Ft.
Co-Listed by Jeff Iwashita (Lic#: RB-22895) (808) 799-4022
98-120 Lipoa Pl, Aiea, HI 96701 - Photo 1 Price Reduced
-$15,000 (-4.55%)
$315,000

98-120 Lipoa Pl  #204  Aiea, HI 96701

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 659
    Sq. Ft.
98-719 Iho Pl, Aiea, HI 96701 - Photo 1 Price Reduced
-$2,000 (-0.35%)
$570,000

98-719 Iho Pl  #5/1105  Aiea, HI 96701

  • Condo
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,124
    Sq. Ft.
99-438 Ulune St, Aiea, HI 96701 - Photo 1 Price Reduced
-$100,000 (-3.46%)
$2,788,000

99-438 Ulune St  Aiea, HI 96701

  • Multi-Family
  • Active
  • Updated 1 day ago

Recent Sales near 1104 Palama St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1654 Olona Ln, Honolulu, HI 96817 - Photo 1 Sold
$1,525,000

1654 Olona Ln  #B  Honolulu, HI 96817

  • Duplex
  • Closed
  • 7
    Beds
  • 5
    Total Baths
  • 3,346
    Sq. Ft.
1446 Gregory St, Honolulu, HI 96817 - Photo 1 Sold
$1,275,000

1446 Gregory St  Honolulu, HI 96817

  • Single Family
  • Closed
  • Updated 10 days ago
  • 6
    Beds
  • 4
    Total Baths
  • 2,599
    Sq. Ft.
Listed by Teri Lynn Sato (Lic#: RS-70511)
927 Lolena St, Honolulu, HI 96817 - Photo 1 Sold
$1,637,500

927 Lolena St  Honolulu, HI 96817

  • Single Family
  • Closed
  • 7
    Beds
  • 4
    Total Baths
  • 3,863
    Sq. Ft.
543 N Judd St, Honolulu, HI 96817 - Photo 1 Sold
$1,500,000

543 N Judd St  #A  Honolulu, HI 96817

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,814
    Sq. Ft.

1104 Palama Street, Honolulu, HI 96817 (MLS# 202612167) is a Multi-Family property with units containing 5 bedrooms and 2 full bathrooms. 1104 Palama Street is currently listed for $1,500,000 and was received on June 26, 2026. Want to learn more about 1104 Palama Street? Do you have questions about finding other Multi-Family real estate for sale in Kalihi Area? You can browse all Kalihi Area real estate or contact a Coldwell Banker agent to request more information.

Tour this property