312-A & 312-B Iolani Avenue$2,400,000Sold

Calling all Investors! Introducing an investment opportunity to own four dwellings with a range of bedroom/bath layouts conveniently located in the heart of Punchbowl. This A-1 Apartment zoned property includes 2 TMK’s (1) 2-2-3-8 & TMK (1) 2-2-3-70 and 4 separate buildings known as 312-A, 312, 314 & 312-B Iolani Ave. The layout is comprised as followings: 314 Iolani, Front Right Building offers: 2 Bedroom/1 full Bath. 312 Iolani, Front Left Building offers: 2 Bedroom & 2 full Bath. 312-A Iolani, the Main House is located in the middle of the property offers: 4 Bedroom, 1 full Bath, 3 half Baths. Additionally, 312-B Iolani offers: One, 2-Bedroom & 1-full Bath unit AND/ Two, 1-Bedroom & 1-full Bath units. Gas is paid by each individual tenant. Owner takes care of water (entire property) & electricity for Building B units. (5 gas meters, 4 electric meters, & 2 water meters in total). There are 7 covered parking stalls, two, 2-car carports (314 & 312) & 1 open parking. This property offers flexibility, multiple rental opportunities & an excellent addition to your multifamily investment portfolio & best of all, is just minutes away from downtown Honolulu & easy freeway access.
0.436 Acres LOT
Tracy Allen

Tracy Allen

Features & Amenities

Area & Lot

  • Status Sold
  • Lot Area0.436 Acres
  • MLS® ID202311583
  • TypeMulti-Family
  • View DescriptionCity, Garden, Mountain
  • Elementary SchoolRoyal
  • Middle SchoolKawananakoa
  • High SchoolRoosevelt


  • utilitiesGas, Overhead Electricity, Public Water, Sewer Fee
  • lot featuresClear
  • parkingAssigned, Covered, Open
  • sewerConnected
  • SubstructureAbove Ground, Single Wall, Wood Frame


  • Sales Price$2,400,000
  • Real Estate Tax $12,056/yr

Work With A Proven Leader!

As an industry leader with 34 years of dedication, Tracy’s extensive market knowledge and skill have consistently placed her among the elite of Hawaii’s realtors. #1 Ranked Coldwell Banker Agent in all of Hawaii.

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