About 48 N School Street
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.
Features of 48 N School Street
| MLS® # | 202609304 |
|---|---|
| Price | $3,499,000 |
| Bathrooms | 0.00 |
| Acres | 0.18 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 48 N School Street |
|---|---|
| Area | Metro |
| Subdivision | NUUANU-LOWER |
| City | Honolulu |
| County | Oahu |
| State | HI |
| Zip Code | 96817 |
Amenities
| Utilities | Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected |
|---|---|
| Features | Cleared, Corner Lot, Level |
| Parking Spaces | 13 |
| Parking | Covered |
| Garages | Covered |
| View | City, Garden |
| Is Waterfront | No |
| Waterfront | Canal |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Cleared, Corner Lot, Level |
| Construction | Brick |
Additional Information
| Date Listed | May 11th, 2026 |
|---|---|
| Days on Market | 127 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Hawaii Modern Realty |
|---|---|
| Contact Info | (808) 792-3910 |