Back 507 Hiram Lane
Off Market

507 Hiram Lane

Urban Honolulu HI 96817

4
3660 sq. ft.
6014 sq. ft.
Multi-Family
Last sold for $1,450,000
Kay MukaigawaKay Mukaigawa, last sold this property on 08 September 2025 after -164 days on market.

Overview

TAKE A CLOSER LOOK — RARE FIND IN LILIHA! Tucked away on Hiram Lane just off Liliha Street, this unique B-2 zoned property offers a tremendous investment opportunity with two TMKs sold together (TMK: 1-1-7-033-046 & 1-1-7-033-047). This multi-unit property features two buildings: Building 1: Four 2-bedroom, 1-bath units. Building 2: Three 2-bedroom, 1-bath units + One 1-bedroom, 1-bath unit. With B-2 zoning and City & County Ordinance 25-2 allowing multi-unit dwellings in B-1 and B-2 zones with commercial space, the potential here is undeniable. While the buildings are in need of updating, this is a perfect opportunity for a visionary developer or investor to transform a diamond in the rough. Let’s talk details—call today to schedule a private showing!

Features

4 carspaces
3660 sq. ft. floor area
6014 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 507 Hiram Lane is $1.45m.

Median value
$1.45m
Estimated value range
$830k - $7.2m
Median days on market
24
Estimated value trend
-8%
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 507 Hiram Lane

2025
Sold
$1,450,000
08 Sep 2025 by Kay Mukaigawa, of Engel & Volkers-Honolulu

Happy sellers in Urban Honolulu

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We have insufficient information to provide an overview of customer satisfaction for Urban Honolulu. Viewing the agent profiles, reviews and sales for Urban Honolulu can provide insights for this location.

Local market activity for multi families in Urban Honolulu

In the last 12 months, 4 multi families similar to 507 Hiram Lane, have been sold.

This represents a 17% increase in multi families sales when compared to the previous 12 months.

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