$2,500,000

1449 Punchbowl Street, Honolulu, HI 96813

3,432 sqft

Multi-Family Home
Built in 1953
7,405sqft lot
—— car garage
$728/sqft
Listed 5 months ago

Property Description

Consider This Rare Development Opportunity – Explore the potential of this unique site with plans that align with Bill 7 provisions. Proposed development includes a 5-story residential apartment building featuring 21 units and 11 parking stalls. Rendered images reflect an development option to maximize rental income—subject to zoning and permit approvals. Don’t miss this chance to invest in a high-demand area with strong development upside. Centrally located investment opportunity near Queens Hospital. The existing hollow tile building has 6 spacious 2-bedroom apartments with custom cabinets and counter tops. Highlights are walking distance to Queen's Hospital, State Capitol, and minutes from downtown Honolulu. Easy access to H1 Highway and bus stops.

Listing Status:: Active
Date Added:: August 26, 2025
Data Last Updated:: February 14, 2026 at 11:38PM
Listing Office:: CENTURY 21 Paradise Intl. : (808) 521-4200
MLS ID:: 202517626

Appliances: Washer
Laundry: In Unit

Parking: AssignedOpenParking spaces: 8

General: Hollow Tile2Slab

Originating MLS: HICMLS
County: Oahu

Topography: LevelOther
Zoning: 1-2-1-022-011-0000
View: None

Utilities: Above Ground UtilitiesCable AvailableElectricity AvailableHigh Speed Internet AvailablePhone AvailableSewer AvailableWater AvailableSewer Connected
Water: Public
Sewer: Connected

Source: HICMLS

This listing courtesy of CENTURY 21 Paradise Intl.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Royal Elementary School

1519 Queen Emma St, Honolulu, HI, 96813

Grades KG-5

0.11 miles away

Princess Ruth Keelikolani Middle School

1302 Queen Emma St, Honolulu, HI, 96813

Grades 6-8

0.19 miles away

President William McKinley High School

1039 S King St, Honolulu, HI, 96814

Grades 9-12

0.80 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.