Property

Honolulu, HI 96817 1156 Alewa Drive

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Presented By: REMAX Hawaii; (808) 738-3600
  • MLS# 202604525
  • 03/12/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 2,395

Home Details

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).
Presented By: REMAX Hawaii; (808) 738-3600

Interior Features for 1156 Alewa Drive

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

FlooringCeramic Tile, Laminate
Furnished Y/NUnfurnished

General for 1156 Alewa Drive

Architectural StyleMultiplex
Association Fee IncludesNone
AttributionContact(808) 738-3600
Carport Y/NYes
CityHonolulu
Community FeaturesStorage Facilities
Construction MaterialsHollow Tile, Single Wall, Wood Frame
CountyOahu
DisclosuresSeller Disclosure, See Remarks
Elementary SchoolMaemae
Full Baths3
High SchoolMckinley
IslandOahu
Land TenureFeeSimple
LevelsOne
MLS AreaMetro
Middle/Junior High SchoolKawananakoa
ModificationTimestamp2026-04-15T01:27:57.523-00:00
New ConstructionNo
Pool FeaturesNone
PostalCityHonolulu
Property ConditionGood Condition, Updated/Remodeled
Property SubtypeSingle Family Residence
Property TypeResidential
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count1
Subdivision NameALEWA HEIGHTS
Tax Annual Amount4468.08
Tax Assessed Value1315300
TopographyLevel, Sloping
Total Actual Rent5750
UtilitiesAbove Ground Utilities, Electricity Available, Natural Gas Available, Water Available
ViewCity, Mountain(s), Ocean
Virtual TourClick here
Year Built1939
Year Built Effective2025
Zoning Description05 - R-5 Residential District

Exterior for 1156 Alewa Drive

Building Area Total2395
Foundation DetailsSlab
InclusionsAttic Fan, Blinds, Ceiling Fan, Dishwasher, Disposal, Dryer, Microwave Hood, Microwave, Other, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater
Lot FeaturesInterior Lot, Irregular Lot, Level
Lot Size Area8052
Parking FeaturesCarport, Driveway, Three or more Spaces, On Street
Road Frontage TypeCounty Road
Total Parking5
Water SourcePublic

Additional Details

Price History

Schools

Middle School Kawananakoa Middle School
High School Mckinley High School
Elementary School Maemae Elementary School

Vardit Hacmon

Real Estate Agent
Price $1,695,000
MLS#202604525
List Date 03/12/2026
Property Type Single Family
Phone 808.232.3453
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