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$1,750,000

  • For Sale
  • Active
  • Multi-Family
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NEW PRICE $1,750,000! Excellent investment opportunity in Kapahulu on a large, level 7,036 sq. ft. lot with A-2 zoning. This property offers both immediate income potential and long-term development options. The existing structure includes three units: two 2-bedroom/1-bath units upstairs and one 4-bedroom/2-bath unit downstairs, with the option to reconfigure the lower level into two 2-bedroom/1-bath units. Estimated rental income is approximately $6,000/month in current condition, with potential to increase to $8,000+/month after updates, plus additional income from parking. For developers, the true value lies in the land and zoning flexibility, with the possibility to redevelop into an apartment complex or maximize density. Conveniently located near Waikiki, Kapiolani Park, golf courses, shops, and restaurants. Property is vacant and ready for immediate rental, renovation, or redevelopment.

Full Property Details for 750 Makaleka Ave

General

  • Price: $1,750,000
  • Taxes: $6,847
  • Status: Active
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202505011
  • Updated: 9/16/2025
  • Added to Site: 339 day(s) ago

Rental Information

  • Complex Features: None

Parking

  • Total Spaces: 10
  • Parking Features: Open

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: KAPAHULU

Utilities

  • Sewer: Connected
  • Water: Public
  • Utility Description: Above Ground Utilities, Electricity Available, Water Available, Sewer Connected

Structural Information

  • Structure Type: Multi Family, Triplex
  • Detached/Attached: Detached
  • Construction: Hollow Tile, Single Wall
  • Stories/Levels: 2
  • Year Built: 1973
  • Property Condition: Average Condition, Repairs Major

Lot Features

  • Lot Size: 7036
  • Topography: Level
  • Lot Features: Cleared, Level
  • Zoning: 12 - A-2 Medium Density Apartme

Financial Considerations

  • Assessment Amount: $1,956,400
  • Tax Amount: $6,847.32

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: Seller Disclosure
  • Disclosures/Rstr.: Seller Disclosure
  • Property ID: 1-2-7-035-010-0000

Listed by Compass

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Listing agent

— 750 Makaleka Ave —

  • Compass

(808) 825-4277

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 750 Makaleka Ave

School District:Hawaii Department of Education
NameGradesDistance
President Thomas Jefferson Elementary School
324 Kapahulu Avenue, Honolulu, HI 96815
PK-50.7 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-81.6 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.3 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 750 Makaleka Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2025
Price Reduced
$1,750,000
-12.46%
MLS
2/12/2025
Listed
$1,999,000
—
MLS
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 750 Makaleka Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,847
5%
$1,959,900
—
2023
$6,501
2%
$1,956,400
5%
2022
$6,359
7%
$1,857,500
2%
2021
$5,957
1%
$1,816,900
7%
2020
$5,917
8%
$1,701,900
1%
2019
$5,492
4%
$1,690,700
12%
2018
$5,271
4%
$1,506,100
4%
2017
$5,075
-8%
$1,450,100
-8%
2019
$5,492
32%
$1,569,200
20%
2016
$4,170
10%
$1,311,500
9%
2015
$3,794
10%
$1,204,100
6%
2013
$3,434
—
$1,134,800
—
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 750 Makaleka Ave

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

Listed by Compass

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750 Makaleka Avenue, Honolulu, HI 96816 (MLS# 202505011) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 750 Makaleka Avenue is currently listed for $1,750,000 and was received on February 12, 2025. Want to learn more about 750 Makaleka Avenue? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

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