735 Isenberg Street, Honolulu, HI 96826 (MLS # 202606015)
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NEW LISTING! RARE OFFERING AND OPPORTUNITY to rehab, restore or redevelop a prime A-2 lot with FIVE separate cottages in an unbeatable central location! First time ever offered, this unique property features three 2-bedroom/1-bath units and two studios with incredible potential on an 8,273 sqft apartment-zoned parcel. Four parking stalls plus ample street parking. Each structure is separately electric metered, with 4 of 5 units currently rented to longtime, month-to-month tenants at below-market rents. Each unit also has its own laundry machines, owned by the tenants. Amazing location off Kapiolani near University of Hawaii, restaurants, shopping, Ala Wai Golf Course, Waikiki, bus lines and freeway access. Priced to sell nearly $300,000 below tax-assessed value. Don't miss this special investment opportunity! Do not disturb tenants. Sold strictly as-is.
| DAYS ON MARKET | 4 | LAST UPDATED | 5/1/2026 |
|---|---|---|---|
| TRACT | MOILIILI | YEAR BUILT | 1949 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Ala Wai |
|---|---|
| Jr. High School | Washington |
| High School | Kaimuki |
| ADDITIONAL DETAILS | |
| AREA | Metro |
|---|---|
| LOT | 8273 acre(s) |
| LOT DESCRIPTION | Corner Lot, Level, Other |
| LOT DIMENSIONS | 8273 |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Multiplex |
| SUBDIVISION | MOILIILI |
| TAXES | 6876.48 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | 12 - A-2 Medium Density Apartme |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with REMAX Hawaii
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 5/5/26 7:09 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 5/5/26 7:09 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2026 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2026.