48 N School Street, Honolulu, HI 96817

$3,499,000

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List Price
$3,499,000
Status
ACTIVE
Days on Market
89
Price Change
▲ $200,000 1778722004
MLS#
202609304
Subtype
Residential
Year Built
1955
Lot Size
7,857
Subdivision
Nuuanu-Lower
Neighborhood
Nuuanu Lower
MLS Area Major
Metro
Land Tenure
FS - Fee Simple

Property Description

Three buildings on one lot: a 3BD/2BA house with basement and TWO 4-unit apartments, all separately metered. 13 parking stalls and on-site laundry. Bill 7 redevelopment site with existing income. A-1 zoned. Located across from Lili’uokalani Botanical Garden with direct H-1 access and minutes to Downtown Honolulu’s business core. Site has been evaluated and confirmed for Affordable Housing Development Bill 7 qualification, projecting 40 to 56 units at maximum FAR. Collect income while you pursue entitlements. Buyer to conduct own due diligence.

Additional Information

Taxes
$6,312
Air Conditioning
Central Air
Levels
Three Or More
Parking Features
Covered
View
City, Garden

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Arthur Hughes (Arthur.Hughes@modernhawaii.com) from Listing Office: Hawaii Modern Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 792-3910