2318 Lime Street

Off Market

2318 Lime Street

Urban Honolulu HI 96826

9756 sq. ft.

7200 sq. ft.

Multi-Family

Last sold for $4,150,000

Michael Okamoto, last sold this property on 11 December 2025 after -70 days on market.

Overview

This conveniently located property is offered for sale for the first time ever. Lovingly maintained and boasting market-leading features and amenities, this all-concrete building has low average in place rents of $1,304 per month. The property offers 15 covered parking stalls, a desirable unit mix with large floor plans, and lanais for every unit — some exceptionally spacious. Many units have been upgraded with tile or LVT flooring. Each unit is equipped with washer/dryer hookups, and residents also enjoy the convenience of on-site coin-operated laundry, as well as breezy trade winds and nice views. Additional income potential is provided by five storage units. Combining tenant appeal with strong fundamentals, this property is a rare opportunity to secure a high-quality, long-term investment.

Features

15 carspaces

9756 sq. ft. floor area

7200 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Urban Honolulu over the last 12 months, the estimated median property value of 2318 Lime Street is $1.84m.

Median value

$1.84m

Estimated value range

$1.25m - $7.7m

Median days on market

Estimated value trend

-15%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Urban Honolulu. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2318 Lime Street

2026

Rented

Undisclosed

17 Mar 2026 by Hawaii Resource Realty

2025

Sold

$4,150,000

11 Dec 2025 by Michael Okamoto, of Standard Management LLC

Happy sellers in Urban Honolulu

90%

90% of sellers in Urban Honolulu reported that their sale price either exceeded or met their price expectations.

Urban Honolulu stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Urban Honolulu over the last 12 months.

Local market activity for multi families in Urban Honolulu

In the last 12 months, 15 multi families similar to 2318 Lime Street, have been sold.

This represents a 23% decrease in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Urban Honolulu for a market analysis.

Megan McDonnell

at Talk Realty LLC

(8 reviews)

Get a market analysis

Daniel Ihara

at Keller Williams Honolulu

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Cari Tanabe

at Locations LLC

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Deep Shrestha

at Re/Max Aloha Homes

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Urban Honolulu

Megan McDonnell

Megan McDonnell is an award winning recommended agent for Urban Honolulu. They have 4 local sales and collected 2 local reviews across the last 12 months.