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1156 Alewa Drive Honolulu HI 96817 MLS #202604525

There are multiple listings for this address:
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).

Property Details

Price:
$1,695,000
MLS #:
202604525
Status:
Active
Beds:
6
Baths:
3
Address:
1156 Alewa Drive
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
ALEWA HEIGHTS
Neighborhood:
metro
City:
Honolulu
Listed Date:
Mar 12, 2026
State:
HI
Finished Sq Ft:
2,395
Total Sq Ft:
2,395
ZIP:
96817
Lot Size:
350,745,120 sqft / 0.18 acres (approx)
Year Built:
1939

Schools

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

Interior

Bathrooms
3 Full Bathrooms
Flooring
Ceramic Tile, Laminate

Exterior

Architectural Style
Multiplex
Community Features
Storage Facilities
Construction Materials
Hollow Tile, Single Wall, Wood Frame
Parking Features
Carport, Driveway, Three Or More Spaces, On Street
Parking Spots
5

Financial

HOA Includes
None
Taxes
$4,468

Map

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1156 Alewa Drive
Honolulu, HI
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).

Property Details

Price:
$1,695,000
MLS #:
202604529
Status:
Active
Beds:
0
Baths:
0
Address:
1156 Alewa Drive
Type:
Multi Family
Subtype:
SingleFamilyResidence
Subdivision:
ALEWA HEIGHTS
Neighborhood:
metro
City:
Honolulu
Listed Date:
Mar 12, 2026
State:
HI
Total Sq Ft:
2,395
ZIP:
96817
Lot Size:
350,745,120 sqft / 0.18 acres (approx)
Year Built:
1939
Units:
3

Schools

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

Interior

Bathrooms
3 Full Bathrooms
Flooring
Ceramic Tile, Laminate

Exterior

Architectural Style
Multiplex
Community Features
Storage Facilities
Construction Materials
Hollow Tile, Single Wall, Wood Frame
Parking Features
Carport, Driveway, Three Or More Spaces, On Street
Parking Spots
5

Financial

HOA Includes
None
Taxes
$4,468

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby