1207 Palama St

$1,000,000
Price
12
Beds
Baths
2,228 Sq. Ft.
$449 / Sq. Ft.
2,228
Sq. Ft.
$449
per Sq. Ft.

Description

This listing is for 1207(parcel 32) & 1213C Palama (parcel 35). Must be sold together. Contains 3 structures. Back house is a 4 bdrm, 1 bath w/880 sf. Middle structure is a 2 story rooming house with 12 rooms, 2 showers, 4 toilets. Front structure is a 2 story with 4 bdrm, 1 bath downstairs and 3 bdrm, 1 bath upstairs. There is a 23 foot road widening setback on Palama street. Very conveniently located just 2 lots away from the Texaco Service station on Palama & Vineyard. This property needs a lot...This listing is for 1207(parcel 32) & 1213C Palama (parcel 35). Must be sold together. Contains 3 structures. Back house is a 4 bdrm, 1 bath w/880 sf. Middle structure is a 2 story rooming house with 12 rooms, 2 showers, 4 toilets. Front structure is a 2 story with 4 bdrm, 1 bath downstairs and 3 bdrm, 1 bath upstairs. There is a 23 foot road widening setback on Palama street. Very conveniently located just 2 lots away from the Texaco Service station on Palama & Vineyard. This property needs a lot of work. But its a great location! Inactive and active real estate agent owners. Please drive by. Please don't bother tenants. We would prefer offers, subject to inspection. Assessed valued at: $1,494,0000! Open to offers.

Property Details for 1207 Palama Street

View
None
Zoning
05 - R-5 Residential District
Neighbourhood
PALAMA
Flood Zone
Zone X
Stories/Levels
One, Two
Land Tenure
FS - Fee Simple
LISTING UPDATED: 05/14/2025 03:01 PM

Property Details for 1207 Palama Street

StatusActive
MLS #202512111
Days on Market205
Taxes$1 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1921
Lot Size0.14 AC / 5,953 SF
CountyHonolulu County

Location

Listing Courtesy of Waikiki Realty LLC, Ginelle E Nagamine, License #RS-77289; Waikiki Realty LLC, Gwen Tanno, License #RB-09965
Add your commute

Building Information for 1207 Palama Street

Stories-Residences4Year Built1921Building Size-Lot Size0.14 AC / 5,953 SF

Payment Calculator

$4,942 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,941

Property Taxes

$1

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1207 Palama Street

Summary
Location and General Information
  • Topography: Level
  • City: Honolulu
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Other
Taxes and HOA Information
  • Tax Amount: $1.00
  • Tax Assessed Value: $1,637,700.00
  • Tax Assessed Value Improvements: $143,700.00
  • Tax Assessed Value Land: $149,400.00
  • Tax Year: 2024
  • Parcel Number: 1-1-7-031-032-0000
  • HOA YN: No
Parking
  • Parking Features: None
  • Parking Total: 0
  • Other Parking Features: None
Property
Lot Information
  • Property Frontage: Other
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 2228.0
  • Sqft Total: 2228.0
  • Land Recorded: Dual Systems
  • Lot Features: Other
  • Lot Size Area: 5953.0
  • Year Built: 1921
  • Building Type: Other
Property and Assessments
  • Documents: Survey
  • Photo Count: 1
  • Property Condition: Needs Major Repair, Tear Down
  • Special Listing Conditions: None
  • Disclosures: 1031 Exchange, Inactive Licensed Owner, Licensed Owner
  • Foreclosure: No
  • Set Backs: C&C, Of Record
  • Supplement Count: 0
  • TMK Area: 117
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 32
  • TMKPLAT: 31
  • TMK Section: 7
  • TMK Zone: 1
Utilities
  • Utilities: Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
  • Sewer: Other
  • Utilities Meters: None
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Above Ground, Single Wall
  • Easements: Other
  • Recreation Facilities: None
  • Roof: Asphalt Shingle
Interior Features
  • Laundry Facilities: None
Multi Family
Multi-Family Information
  • Commercial Spaces Number Of: 0
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 4
  • Unit Two Number Of Bed: 0
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $1.00
  • Total Income: $1.00
  • Expenses Include: Other
  • Net Operating Income: $1.00
  • Other Income: $1.00
Agent
Sale and Listing
  • DOM: 1
  • Immoviewer: No
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Metro
  • Status: Active
  • Public Remarks: This listing is for 1207(parcel 32) & 1213C Palama (parcel 35). Must be sold together. Contains 3 structures. Back house is a 4 bdrm, 1 bath w/880 sf. Middle structure is a 2 story rooming house with 12 rooms, 2 showers, 4 toilets. Front structure is a 2 story with 4 bdrm, 1 bath downstairs and 3 bdrm, 1 bath upstairs. There is a 23 foot road widening setback on Palama street. Very conveniently located just 2 lots away from the Texaco Service station on Palama & Vineyard. This property needs a lot of work. But its a great location! Inactive and active real estate agent owners. Please drive by. Please don't bother tenants. We would prefer offers, subject to inspection. Assessed valued at: $1,494,0000! Open to offers.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Appointment Only
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Gas, Water
  • Total Actual Rent: $1.00

Property History for 1207 Palama Street

DateEvent & SourcePriceAppreciation
May 13, 2025

Listed (Active)

HICENTRAL #202512111

$1,000,000
Sep 24, 2021

Permanently Off Market

HICENTRAL #202119222

$599,500
Sep 24, 2021

Permanently Off Market

HICENTRAL #202119226

$599,500
Sep 24, 2021

Permanently Off Market

HICENTRAL #202119225

$599,500
Jul 26, 2021

Listed (Active)

HICENTRAL #202119226

$599,500
Jul 26, 2021

Listed (Active)

HICENTRAL #202119225

$599,500
Jul 26, 2021

Listed (Active)

HICENTRAL #202119222

$599,500
Nov 28, 2020

Permanently Off Market

HICENTRAL #202017822

$1,150,000
Jul 23, 2020

Listed (Active)

HICENTRAL #202017822

$1,150,000
DateEvent & SourcePrice
05/13/2025

Listed (Active)

HICENTRAL #202512111

$1,000,000
09/24/2021

Permanently Off Market

HICENTRAL #202119222

$599,500
09/24/2021

Permanently Off Market

HICENTRAL #202119226

$599,500
09/24/2021

Permanently Off Market

HICENTRAL #202119225

$599,500
07/26/2021

Listed (Active)

HICENTRAL #202119226

$599,500
07/26/2021

Listed (Active)

HICENTRAL #202119225

$599,500
07/26/2021

Listed (Active)

HICENTRAL #202119222

$599,500
11/28/2020

Permanently Off Market

HICENTRAL #202017822

$1,150,000
07/23/2020

Listed (Active)

HICENTRAL #202017822

$1,150,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1207 Palama Street

Taxable ValueLand$865,000Additions$106,800Total$971,800
Tax Record2025$3,395 ($283 / month)
Home Facts
Total Finished SqFt2,198 SqFtAbove Grade Finished SqFt2,198 SqFtStories2Lot Size3,482 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningR-5 RESIDENTICountyHONOLULUAPN1-1-7-031-032

Schools near 1207 Palama Street

This home is within Hawaii Department Of Education.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Princess Ruth Keelikolani Middle School
Public6 to 8

President William Mckinley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1207 Palama Street is a multi-family home for sale in Honolulu, HI 96817. This property was listed for sale on May 13, 2025 by Waikiki Realty LLC, it's currently listed at $1,000,000. This listing's school district is Hawaii Department Of Education. Nearby schools include Princess Miriam K Likelike Elementary School, Princess Ruth Keelikolani Middle School and President William Mckinley High School. 1207 Palama Street is a 12-bed, 0-bath, 2,228 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Waikiki Realty LLC, Ginelle E Nagamine, License #RS-77289; Waikiki Realty LLC, Gwen Tanno, License #RB-09965

Based on information from one of the following Multiple Listing Services: Hawaii HIS, MAUI MLS and Hi Central. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii HIS, MAUI MLS and Hi Central is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.