1156 Alewa Drive Honolulu, HI 96817

Listing
Overview

Price: $1,695,000
Area: ALEWA HEIGHTS
Status: Sold (Limited photos per MLS privacy policy)

An extremely rare offering to acquire 3 fully detached residential dwellings, located on a single parcel in Honolulu. 2025 renovations increased rental income, lowered risk and maintenance costs. Ideal for an owner occupier to live in the main house and receive significant rental income from 2 improved rental units. Also ideal for 1031 exchange or investors seeking stable NOI coupled with long-term appreciation. Immediate rental income of $5,750/mo. incl. GET can offset mortgage payment, plus potential income of $3,400/mo. incl. GET from the 3rd home can generate a total of $9,150/mo. in rental income. Quiet setting with cool breezes, each house offers 2 bedrooms and 1 bathroom, separate electric meter, washer/dryer, private yard, remodeled kitchen, new appliances and flooring. Located on Alewa Drive, in a desirable neighborhood, just past Assets School. Amazing views of the ocean, downtown Honolulu, and Diamond Head. The roofs are in good condition, convenient and secure exterior storage, and a large covered carport. Please do not disturb tenants or park in the driveway. A few photos have been virtually staged(enhanced). Listing by: REMAX Hawaii (808) 501-9635

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  • BedsTotal: 6
  • Full Baths: 3
  • Land Area (sf): 8,052 sf
  • Living (sf): 2,395
  • Year Built: 1939

  • Property Condition: Above Average
  • Number of Parking Spaces: 5
  • View: City,Diamond Head,Ocean
  • Listing Office: REMAX Hawaii

  • Land Tenure: FS - Fee Simple

  • Elementary School: Maemae
  • Middle School: Kawananakoa
  • High School: Mckinley

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on May 29, 2026 - 10:54 AM Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.
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