$3,499,000

48 N School Street, Honolulu, HI 96817

Multi-Family Home
Built in 1955
7,841sqft lot
—— car garage
$——/sqft
Listed 9 days ago

Property Description

Three buildings on one lot: a 3BD/2BA house with basement and TWO 4-unit apartments, all separately metered. 13 parking stalls and on-site laundry. Bill 7 redevelopment site with existing income. A-1 zoned. Located across from Lili’uokalani Botanical Garden with direct H-1 access and minutes to Downtown Honolulu’s business core. Site has been evaluated and confirmed for Affordable Housing Development Bill 7 qualification, projecting 40 to 56 units at maximum FAR. Collect income while you pursue entitlements. Buyer to conduct own due diligence.

Listing Status:: Active
Date Added:: May 11, 2026
Data Last Updated:: May 20, 2026 at 7:19AM
Listing Office:: Hawaii Modern Realty : (808) 792-3910
MLS ID:: 202609304

A/C: Central Air

Parking: CoveredParking spaces: 13

General: BrickThree Or More

Road/Access: CanalOther
Originating MLS: HICMLS
County: Oahu

Topography: Level
Zoning: 1-1-7-009-047-0000
View: CityGardenView

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

Source: HICMLS

This listing courtesy of Hawaii Modern Realty

Monthly Payment

$Est. Payment

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

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