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$1,695,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 3 Full Baths
  • Liliha - Kapalama
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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).

Full Property Details for 1156 Alewa Dr

General

  • Price: $1,695,000
  • Taxes: $4,468
  • Status: Active
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202604525
  • Updated: 3/13/2026
  • Added to Site: 20 day(s) ago

Rental Information

  • Complex Features: Storage Facilities

Interior

  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Parking

  • Carports: Yes
  • Total Spaces: 5
  • Parking Features: Carport, Driveway, Three or more Spaces, On Street

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: ALEWA HEIGHTS

School Information

  • Elementary School: Maemae
  • Middle School: Kawananakoa
  • High School: Mckinley

Community

  • Assoc. Fees Include: None

Utilities

  • Water: Public
  • Utility Description: Above Ground Utilities, Electricity Available, Natural Gas Available, Water Available

Structural Information

  • Architectural Style: Multiplex
  • Detached/Attached: Detached
  • Construction: Hollow Tile, Single Wall, Wood Frame
  • Stories/Levels: 1
  • Square Feet: 2,395
  • Living Area: 2,395 Sq. Ft.
  • Year Built: 1939
  • Property Condition: Good Condition, Updated/Remodeled

Lot Features

  • Property View: City, Mountain(s), Ocean
  • Mountain views: Yes
  • Lot Size: 8052
  • Frontage: County Road
  • Topography: Level, Sloping
  • Lot Features: Interior Lot, Irregular Lot, Level
  • Zoning: 05 - R-5 Residential District

Financial Considerations

  • Assessment Amount: $1,315,300
  • Tax Amount: $4,468.08

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Attic Fan, Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
  • Disclosures/Reports: Seller Disclosure, See Remarks
  • Disclosures/Rstr.: Seller Disclosure, See Remarks
  • Property ID: 1-1-8-033-022-0000

Listed by REMAX Hawaii

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Listing agent

— 1156 Alewa Dr —

  • REMAX Hawaii

(808) 738-3600

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 1156 Alewa Dr

School District:Hawaii Department of Education
NameGradesDistance
Maemae Elementary School
319 Wyllie Street, Honolulu, HI 96817
PK-60.6 mi
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
6-81 mi
President William Mckinley High School
1039 South King Street, Honolulu, HI 96814
9-122.5 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 1156 Alewa Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$1,695,000
18.66%
MLS
4/21/2025
Sold
$1,428,500
—
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 1156 Alewa Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,468
4%
$1,315,300
3%
2023
$4,286
11%
$1,276,600
4%
2022
$3,857
—
$1,224,600
11%
2022
$3,857
3%
$1,101,900
3%
2021
$3,731
—
$1,066,100
-1%
2021
$3,731
-1%
$1,076,900
—
2018
$3,785
-4%
$1,081,500
-4%
2017
$3,933
2%
$1,123,600
2%
2016
$3,852
2%
$1,100,700
2%
2019
$3,779
1%
$1,079,600
1%
2015
$3,748
45%
$1,070,800
26%
2013
$2,583
—
$847,800
—
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 1156 Alewa Dr

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

Listed by REMAX Hawaii

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1156 Alewa Drive, Honolulu, HI 96817 (MLS# 202604525) is a Multi-Family property with units containing 6 bedrooms and 3 full bathrooms. 1156 Alewa Drive is currently listed for $1,695,000 and was received on March 12, 2026. Want to learn more about 1156 Alewa Drive? Do you have questions about finding other Multi-Family real estate for sale in Liliha - Kapalama? You can browse all Liliha - Kapalama real estate or contact a Coldwell Banker agent to request more information.

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