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$335,000
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Property Description
Motivated Seller. Located next to the Ala Wai Park recreation area, with the scenic Ala Wai pathway just steps away and vibrant schools nearby, this home offers the perfect balance of convenience and tranquility. Just minutes from the University of Hawaii and the freeway entrance, easy access is always within reach. A short walk brings you to a selection of shops, enticing restaurants, and a well-served bus line ready for exploration. As evening falls, unwind on your lanai while the city skyline sparkles in the distance and the serene Ala Wai canal stretches below. This corner unit provides a peaceful retreat. On your floor, you'll find the convenience of laundry facilities and personal storage, while a secure lobby with an intercom system ensures your peace of mind. This home offers the ideal fusion of urban living and quiet relaxation. Special assessment of $132.54 for lanai/window reconstruction until 3/31/2-26.
Full Property Details
Full Property Details for 509 University Ave #205
General
- Price: $335,000
- HOA FEE: $905
- Taxes: $1,296
- Status: Active
- Type: Condo
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202502423
- Updated: 12/23/2025
- Added to Site: 360 day(s) ago
Rental Information
- Complex Features: Laundry Facilities, Storage Facilities
Interior
- Interior Features: Storage
- Furnishings: Unfurnished
- Flooring: Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Management
- Security/Safety: Key Card Entry
Parking
- Total Spaces: 1
- Parking Features: Assigned, One Space, On Street
Location
- Area: Metro
- County: Oahu
- Subdivision: KAPIOLANI
- Building Name: Ala Wai Cove
School Information
- Elementary School: Ala Wai
- Middle School: Washington
- High School: Kaimuki
Community
- Assoc. Fees Include: Hot Water, None, Sewer, Water
Structural Information
- Architectural Style: High Rise
- Detached/Attached: Detached
- Construction: Hollow Tile, Concrete
- Common Walls: End Unit
- Entry Floor Number: 2
- Square Feet: 626
- Living Area: 551 Sq. Ft.
- Year Built: 1961
- Property Condition: Average Condition
Lot Features
- Property View: City, Other
- Lot Size: 28009
- Zoning: 13 - A-3 High Density Apartment
Financial Considerations
- Other Assoc Fees: $132
- Maint. Fee: $905
- Maint. Fee/Month: $905
- Assessment Amount: $369,700
- Tax Amount: $1,296
Disclosures and Reports
- Special Conditions: None
- Inclusions: Disposal, Range/Oven, Refrigerator
- Disclosures/Reports: 1031 Exchange, Principal is Real Estate Licensed
- Disclosures/Rstr.: 1031 Exchange, Principal is Real Estate Licensed
- Property ID: 1-2-7-013-011-0010
Listed by Eovino & Associates, Inc.
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Schools
Schools serving 509 University Ave #205
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Ala Wai Elementary School 503 Kamoku Street, Honolulu, HI 96826 | PK-5 | 0.1 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 0.9 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 University Ave #205
Date
Details
Price
Change
Source
12/23/2025
Price Reduced
$335,000
-1.18%
MLS
7/02/2025
Price Reduced
$339,000
-0.29%
MLS
6/15/2025
Price Reduced
$340,000
-1.45%
MLS
6/10/2025
Price Reduced
$345,000
-1.43%
MLS
6/01/2025
Price Reduced
$350,000
-1.41%
MLS
5/02/2025
Price Reduced
$355,000
-1.39%
MLS
1/31/2025
Price Reduced
$360,000
-4%
MLS
1/23/2025
Listed
$375,000
341.18%
MLS
1/02/1998
Sold
$85,000
—
Public Record
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
Tax History for 509 University Ave #205
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,294
10%
$357,100
-3%
2023
$1,180
2%
$369,700
10%
2022
$1,152
—
$337,100
2%
2022
$1,152
10%
$329,000
10%
2021
$1,046
—
$299,000
-8%
2021
$1,046
-10%
$323,800
-2%
2019
$1,157
3%
$330,500
3%
2018
$1,127
2%
$321,900
2%
2017
$1,103
2%
$315,200
2%
2016
$1,079
4%
$308,400
4%
2015
$1,035
13%
$295,700
13%
2014
$919
—
$262,700
—
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 509 University Ave #205
509 University Avenue #205, Honolulu, HI 96826 (MLS# 202502423) is a Condo property with 1 bedroom and 1 full bathroom. 509 University Avenue #205 is currently listed for $335,000 and was received on January 23, 2025. Want to learn more about 509 University Avenue #205? Do you have questions about finding other Condo real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

