TO BE SOLD with Adjacent Property (Parcel 117-19-7), MLS #202426340 Combined, these properties offer 19 income-generating 2-bedroom, 1-bath units on 26,941 square feet of A-1 zoned land centrally located in Downtown Honolulu. An incredible investment opportunity for the right developer, creative investor, or contractor! Prime development opportunity on high-income property with potential high-rise (please consult with buyer's architect). This parcel currently includes 3 apartment buildings with 14 of the 2-bedroom, 1-bath units, and a vacant lot approximately (35 foot by 30). 12 WATER (C building has shared meters) & 14 GAS & ELECTRIC METER (TENANT REPONSIBLE FOR ALL UTILITIES). It provides privacy while being close to bus lines and shopping, restaurants, downtown business districts, easy to access H-1 freeway (East and West). The property is being sold as-is. Don’t miss out on this rare find—it’s a great buy with endless potential!
Active under contract
$3,300,000
266 N School St, Honolulu, HI 96817
--beds
0baths
4,984sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$662/sqft
$-- HOA
What's special
- 277 days
- on Zillow |
- 24 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 10:21am
Listed by:
Brian Chua 808-255-3839,
Five Star Realty, Inc.,
Ken Lam 808-392-4687,
Top Property Management LLC
Source: HiCentral MLS,MLS#: 202426382

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Laundry: In Unit
Interior area
- Total structure area: 4,984
- Total interior livable area: 4,984 sqft
Property
Parking
- Total spaces: 17
- Parking features: Assigned, Open, Tandem
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City, Garden
Lot
- Features: Cleared, Interior Lot, Irregular Lot, Level
- Topography: Level
Details
- Parcel number: 1170190080000
- Zoning description: 11 - A-1 Low Density Apartment
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
Condition
- Average Condition
- Year built: 1954
- Major remodel year: 2010
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Kuakini
Location
- Region: Honolulu
Financial & listing details
- Price per square foot: $662/sqft
- Tax assessed value: $2,372,900
- Annual tax amount: $8,304
- Date on market: 11/16/2024
- Total actual rent: 16858
- Tenant pays: Cable TV, Electricity, Gas, Parking Fee, Water
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