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Active under contract
  • $1,250,000

    507 Hiram Ln, Honolulu, HI 96817

    --beds
    0baths
    3,660sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $1,242,900 Zestimate®
    $342/sqft
    $-- HOA

    What's special

    TAKE A CLOSER LOOK — RARE FIND IN LILIHA! Tucked away on Hiram Lane just off Liliha Street, this unique B-2 zoned property offers a tremendous investment opportunity with two TMKs sold together (TMK: 1-1-7-033-046 & 1-1-7-033-047). This multi-unit property features two buildings: Building 1: Four 2-bedroom, 1-bath units. Building 2: Three 2-bedroom, 1-bath units + One 1-bedroom, 1-bath unit. With B-2 zoning and City & County Ordinance 25-2 allowing multi-unit dwellings in B-1 and B-2 zones with commercial space, the potential here is undeniable. While the buildings are in need of updating, this is a perfect opportunity for a visionary developer or investor to transform a diamond in the rough. Let’s talk details—call today to schedule a private showing!
    49 days
    on Zillow
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    20
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    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2025 at 03:59pm

    Listed by:

    Kay M Mukaigawa 808-479-9090,

    Engel & Volkers Honolulu,

    Carol L Kage 808-371-3270,

    Engel & Volkers Honolulu

    Source: HiCentral MLS,MLS#: 202514318MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Appliances
    • Laundry: Coin-operated
    Interior area
    • Total structure area: 3,660
    • Total interior livable area: 3,660 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: None
    Lot
    • Features: Cleared, Cul-De-Sac, Interior Lot, Level
    • Topography: Level
    Details
    • Parcel number: 1170330470000
    • Zoning description: 32 - B-2 Community Business Dis
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Single Wall, Wood Frame
    Condition
    • Average Condition
    • Year built: 1923

    Utilities & green energy

    • Sewer: Connected
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, Phone Available, Water Available, Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Liliha
    Location
    • Region: Honolulu

    Financial & listing details

    • Price per square foot: $342/sqft
    • Tax assessed value: $1,276,900
    • Annual tax amount: $15,855
    • Date on market: 6/18/2025
    • Total actual rent: 1
    • Tenant pays: Cable TV, Electricity
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