2134 Kanealii Ave, Honolulu, HI, 96813
About This Home
Prime Investment Opportunity in Pauoa Valley A solid opportunity in the heart of Honolulu, this rare multi unit property offers strong income potential and long term value.Featuring three separate 3 bedroom units, the property provides flexibility to live in one unit while generating rental income from the others, or lease all units for consistent returns.The property includes a 3BD/2.5BA single-level main home and a separate two story structure with two 3BD/2BA units, each offering private laundry and dedicated parking features that appeal to long term tenants.Owned PV systems help reduce operating costs and improve overall efficiency. Located in peaceful Pauoa Valley, just minutes from downtown Honolulu, shopping, and schools, this property benefits from both convenience and steady rental demand. Adjacent property at 2138 Kanealii Ave. also available.
Getting Around
Somewhat Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good Condition
- Year built: 1981
Materials
- Construction materials: Double Wall,Masonry,Stucco
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: In Unit
Cooling
- Cooling features: Central Air
Interior Area
- Total structure area: 4,254
- Total interior livable area: 4,254 sqft
Property
Details
- Parcel number: 1220110160000
- Zoning description: 07 - R-3.5 Residential District
- Special condition: None
Features
- Levels: One,Two
- Stories: 1
- Has view: Yes
- View description: City,Mountain(s)
- Topography of land: Level,Sloping
Lot
- Features: Cleared,Level
Parking
- Total spaces: 6
- Parking features: Assigned,Covered,Open,Unassigned
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Hawaii Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,110 | $145,320 |
| Home Insurance * | $444 | $5,328 |
| Property Taxes | $1,658 | $19,896 |
| Electricity | $1,369 | $16,438 |
| Total | $15,581 | $186,972 |
Income You'd Need if You Spent...
Hawaii FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-09-12 | Price change | $2,450,000 |
| 2025-06-10 | Listing removed | $3,800 |
| 2025-06-06 | Listed for rent | $3,800 |
| 2024-10-10 | Price change | $2,100,000 |
| 2024-09-20 | Price change | $1,950,000 |
| 2024-07-13 | Listed for sale | $2,595,000 |
| 2023-05-30 | Listing removed | -- |
| 2023-05-11 | Listed for rent | $3,595 |
| 2021-06-17 | Listing removed | -- |
| 2021-06-07 | Listed for rent | $3,395 |
| 2019-11-12 | Sold | $1,015,000 |
| 2015-04-15 | Sold | $930,600 |
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