Map location of 1139 Papaku Place, Honolulu, HI 96814
$1,598,000
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1139 Papaku Place, Honolulu, HI 96814

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2 Beds
0 Baths
680 Sq Ft

EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 APARTMENT ZONED PROPERTY IN THE HEART OF MAKIKI! THIS EXTRAORDINARY OFFERING IS PRICED WELL BELOW THE 2023 REAL PROPERTY TAX LAND VALUE. FEATURING AN EXISTING WELL KEPT 3 BEDROOM/ 1 BATH HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING.UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQUARE FOOT UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXEPEDIATED PERMITTING & REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION. IN FACT, SELLERS HAVE PLANS SUBMITTED TO DPP FOR A DEVELOPMENT OF A SUBSTANTIAL 33 UNIT PROJECT UNDER BILL 7. FOR FULL DETAILS AND TO EXPLORE THE DEVELOPMENT OPPORTUNITIES THIS PROPERTY HOLDS. BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND REACH OUT TO THE DEPARTMENT OF PLANNING & PERMITTING, LUO AND PROFESSIONALS LICENSED FOR DEVELOPMENT. TO BE CONVEYED AS IS.

Listing By: Robert H Vernon - RE/MAX Honolulu (808) 687-8900hihonbor Realty.com
  • MLS# 202325040
  • Date Listed11/04/2023
  • Bedrooms 2
  • Bathrooms
  • Lot Size 6750 acres (294,030,000 sq. ft)
  • Subdivision MAKIKI AREA
  • Property Type Multi-Family
  • County Oahu
  • Year Built 1954
  • Water Public
  • Square Feet 680 sq. ft
  • Price Per Sq. Ft $2350

Exterior / Lot Features

  • Roof Asphalt
  • Lot Size Acres 6,750.00
  • Lot Size SQFT 294,030,000.00
  • Lot Features Cleared, Level

Financial Considerations

  • Tax Amount $6,036
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Queen Kaahumanu Elementary School

Public • PK - 5 • Serves this home

0.42 mi

Distance

Lincoln Elementary School

Public • PK - 5

0.64 mi

Distance

Royal Elementary School

Public • PK - 5

0.91 mi

Distance

Pauoa Elementary School

Public • PK - 5

1.68 mi

Distance

Kauluwela Elementary School

Public • PK - 5

2.28 mi

Distance

Princess Miriam K Likelike Elementary School

Public • PK - 5

2.28 mi

Distance

Prince Jonah Kuhio Elementary School

Public • PK - 5

2.56 mi

Distance

Ala Wai Elementary School

Public • PK - 5

2.66 mi

Distance

Maemae Elementary School

Public • PK - 5

2.73 mi

Distance

Noelani Elementary School

Public • PK - 5

3.17 mi

Distance

Washington Middle School

Public • 6 - 8 • Serves this home

0.42 mi

Distance

Robert Louis Stevenson Middle School

Public • 6 - 8

0.64 mi

Distance

Halau Ku Mana Public Charter School

Public • 5 - 12

1.4 mi

Distance

Princess Ruth Ke Elikolani Middle School

Public • 6 - 8

1.69 mi

Distance

Prince David Kawananakoa Middle School

Public • 6 - 8

1.77 mi

Distance

School For Examining Essential Questions Of Sustainability

Public • 6 - 8

1.77 mi

Distance

William P Jarrett Middle School

Public • 6 - 8

4.05 mi

Distance

King David Kalakaua Middle School

Public • 6 - 8

4.34 mi

Distance

Governor Sanford B Dole Middle School

Public • 6 - 8

4.43 mi

Distance

Kaimuki Middle School

Public • 6 - 8

5.25 mi

Distance

President Theodore Roosevelt High School

Public • 9 - 12 • Serves this home

0.64 mi

Distance

President William Mckinley High School

Public • 9 - 12

0.65 mi

Distance

Hi'ilei Aloha Youthbuild

Public • 10 - 13

0.65 mi

Distance

Kaimuki High School

Public • 9 - 12

3.38 mi

Distance

Governor Wallace Rider Farrington High School

Public • 9 - 12

3.64 mi

Distance

Moanalua High School

Public • 9 - 12

7.05 mi

Distance

Kalani High School

Public • 9 - 12

7.23 mi

Distance

Hawaiian Mission Academy

Private • 09 - 12

0.64 mi

Distance

Punahou School

Private • KG - 12

1.28 mi

Distance

Maryknoll Grade School

Private • KG - 12

1.28 mi

Distance

St Andrews Priory School

Private • KG - 12

1.69 mi

Distance

Pacific Buddhist Academy

Private • 09 - 12

1.77 mi

Distance

Iolani School

Private • KG - 12

2.56 mi

Distance

Hawaii Baptist Academy

Private • 09 - 12

2.73 mi

Distance

St Louis School

Private • KG - 12

3.38 mi

Distance

Sacred Hearts Academy

Private • PK - 12

3.38 mi

Distance

Damien Memorial School

Private • 06 - 12

3.64 mi

Distance

Sales & Tax History

Source: Public Records

Date Event Price
01/14/2024 Active $1,598,000.00 0.06%
11/04/2023 Active $1,599,000.00
Street Address Beds Baths Sold Date List Price Valuation Date Valuation Price
1732 Waiola Street B | Listing 5 4 Nov 03, 2025 $1,050,000 Mar 21, 2024 $659,024
2150 Kapahu Street 3 2 Oct 17, 2025 $650,000 Dec 07, 2025 -
1929 Nehoa Place A 4 3 Nov 06, 2025 $1,625,000 Dec 07, 2025 -
1153 Pinkham Street 3 3 Oct 17, 2025 $799,999 Dec 07, 2025 -
1511 Kalaepaa Drive 3 2 Oct 24, 2025 $625,000 Dec 07, 2025 -
3119 Kahiwa Place 3 3 Oct 16, 2025 $1,499,000 Dec 07, 2025 -
2809 Round Top Drive 5 5 Nov 18, 2025 $7,800,000 Dec 07, 2025 -
3095 Numana Road 3 2 Oct 17, 2025 $739,000 Dec 07, 2025 -
1335 Gulick Avenue 4 1 Oct 31, 2025 $725,000 Dec 07, 2025 -
908 Simon Road 2 1 Dec 03, 2025 $738,000 Dec 07, 2025 -

Population & Environment

Source: Sperling's Best Places

Walkability in HI / 96814

Source: Walkscore

98/100

Walker's Paradise

Walk Score ®

71/100

Excellent Transit

Transit Score ®

91/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

29 nearby routes: 29 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 46/100, Bike Score: 37/100.

Points of Interest near 1139 Papaku Place, Honolulu, HI 96814

Frequently Asked Questions for 1139 Papaku Place

Source: Realty.com

1139 Papaku Place, Honolulu, HI 96814 is a Multi-Family, Residential property listed for $1,598,000 The property is 680 sq. ft with 2 bedrooms and 0 bathrooms

Realty.com has 9 photos of 1139 Papaku Place.

Our records indicate that 1139 Papaku Place was built in 1954.

The full address for this home is 1139 Papaku Place, Honolulu, HI 96814.

1139 Papaku Place has been listed on Realty.com since Sat November 04, 2023

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 44/100, Transit Score: 46/100, Bike Score: 37/100.

There are 3 schools assigned to this home. Check out the schools near 1139 Papaku Place. Queen Kaahumanu Elementary School (Grades: PK - 5), Washington Middle School (Grades: 6 - 8), President Theodore Roosevelt High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Honolulu (tel: 808-951-3200)
Listing agent: Robert Vernon (tel: 808-600-1816) (#40422)

This content last refreshed on 2025-12-07 18:30:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 1139 Papaku Place, Honolulu, HI 96814 : MLS# 202325040

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