1039 Wong Lane, Honolulu, HI 96817

Honolulu
Local realty services provided by:Better Homes and Gardens Real Estate Refined
1039 Wong Lane,Honolulu, HI 96817
$2,700,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: vincent lao, michael l vuong(808) 382-6871
Office: five star realty, inc.
MLS#:202526036
Source:HI_HBR

Price summary

  • Price:$2,700,000

About this home

Excellent investment opportunity in Honolulu with NOI of 5%, ideal for investors looking to start or expand their real estate portfolio. This income-producing property features eight detached homes (addresses 1039A to 1039H) situated on a large, level 21,290 sq ft lot. The unit mix includes six 2-bedroom, 1-bath homes and two 3-bedroom, 1-bath homes, offering broad rental appeal. Each unit has a separate electric meter, allowing tenants to cover their own utilities and minimizing operating expenses for the owner. Located near Chinatown, Downtown, Lanakila Health Center, shopping centers, and major bus lines, the property benefits from high rental demand and strong occupancy potential. One unit (Unit F) has already been renovated with the opportunity to improve other units over time and boost rental income. This is a cash-flowing asset with long-term appreciation potential. The lot size may also offer future development or expansion potential (buyer to verify). Rarely does a property...

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Home facts

  • Year built:1953
  • Listing ID #:202526036
  • Added:93 day(s) ago
  • Updated:March 19, 2026 at 11:56 AM

Structure and exterior

  • Year built:1953
  • Lot area:0.49 Acres
  • Lot Features:Cleared, Level
  • Construction Materials:Single Wall, Wood Frame

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$2,700,000
  • Tax amount:$9,261

Parking

  • Total parking spaces:16
  • Parking description:Covered, Open
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on March 19, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.

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