Date
Details
Price
Change
Source
8/28/2026
Listed
$1,785,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,785,000 Just Listed
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Property Description
The property features an attractive unit mix of 1 studio, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified tenant profile and broad rental appeal. Current scheduled rents total approximately $8,855/month, with estimated laundry income of $120/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you're an experienced multifamily investor expanding your portfolio or seeking an income-producing property with value-add and future rent-growth potential, this property is worth a closer look. Do not disturb tenants or walk onto the property without prior approval. All showings require prior notice and approval.
Full Property Details
Full Property Details for 1729 Malanai St
General
- Price: $1,785,000
- Taxes: $4,044
- Status: Active
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202616551
- Updated: 8/28/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: None
Interior
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Coin-operated
Parking
- Total Spaces: 4
- Parking Features: Assigned, Covered, Open, Tandem
Location
- Area: Metro
- County: Oahu
- Subdivision: MCCULLY
Utilities
- Sewer: Connected
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Water Available, Sewer Connected
Structural Information
- Structure Type: Apartment, Duplex
- Detached/Attached: Detached
- Construction: Double Wall, Hollow Tile, Masonry, Concrete, Single Wall, Stucco
- Stories/Levels: 1
- Square Feet: 2,363
- Year Built: 1941
- Property Condition: Good Condition
Lot Features
- Lot Size: 3800
- Topography: Level
- Lot Features: Cleared, Other, Level
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Operating Expenses: $1,967
- Assessment Amount: $1,161,900
- Tax Amount: $4,044
- Tenant Pays: Air Conditioning, Cable TV, Electricity, Other
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Disclosures/Reports: Principal is Real Estate Licensed
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 1-2-3-031-047-0000
Listed by Five Star Realty, Inc.
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Listing agent
— 1729 Malanai St —
Five Star Realty, Inc.
(808) 382-6871
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1729 Malanai St
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
King William Lunalilo Elementary School 810 Pumehana Street, Honolulu, HI 96826 | PK-5 | 0.1 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 0.2 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 1.3 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 1729 Malanai St
Tax History
Tax History for 1729 Malanai St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,044
—
$1,161,900
1%
2025
$4,044
—
$1,155,500
—
2023
$4,040
12%
$1,157,300
—
2022
$3,603
—
$1,154,300
12%
2022
$3,603
4%
$1,029,400
4%
2021
$3,479
—
$994,000
—
2021
$3,479
13%
$997,800
—
2019
$3,078
-5%
$999,300
7%
2018
$3,237
-1%
$934,500
—
2017
$3,261
7%
$931,800
7%
2016
$3,052
1%
$872,100
1%
2015
$3,033
6%
$866,600
3%
2013
$2,866
—
$844,400
—
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
Estimate the Cost for 1729 Malanai St
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- Condo
- Active
- Updated 15 hours ago
- 2Beds
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- Active
- Updated 2 days ago
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- 2Total Baths
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- Condo
- Closed
- 3Beds
- 2Total Baths
- 1,996Sq. Ft.
Sold by Sachi Petersen (Lic#: RB-20561)
1729 Malanai Street, Honolulu, HI 96826 (MLS# 202616551) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1729 Malanai Street is currently listed for $1,785,000 and was received on August 28, 2026. Want to learn more about 1729 Malanai Street? Do you have questions about finding other Multi-Family real estate for sale in Mccully - Moiliili? You can browse all Mccully - Moiliili real estate or contact a Coldwell Banker agent to request more information.