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!
Active under contract
$1,250,000
507 Hiram Ln, Honolulu, HI 96817
--beds
0baths
3,660sqft
Est.:
Multi Family
Built in 1923
-- sqft lot
$1,242,900 Zestimate®
$342/sqft
$-- HOA
What's special
- 49 days
- on Zillow |
- 20 |
- 0 |
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#: 202514318

Travel times
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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