703 Kihapai Place, Kailua, HI, 96734

Save
Ask
Tour
Hide
Share
$1,939,000
85 Days On Site

703 Kihapai Place
Kailua, HI 96734

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
2,080
SqFt
$932
/SqFt
1956
Built
Subdivision:
COCONUT GROVE
County:
Oahu
703 Kihapai Place703 Kihapai Place703 Kihapai Place703 Kihapai Place
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$8,847
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

A2 zoned 6,000sq ft lot with two duplexes (4 units total, current total rental income $8,675 per month) just a few blocks away from Kailua town. Beautiful mountain views and Maunawilli stream frontage. Walking distance to shops and restaurants, easy access to the Pali Highway. Each unit is a 2bed/ 1bath. 4 electric meters, recently applied for permitting to upgrade all 4 electric meters to 100amp each. One water meter, recently upgraded all water supply lines to copper. The average rent per unit currently is approx $2,169/month. Some rents are below market value. Great tenants, all of them currently are on month-to-month leases and would love to stay. Current monthly expenses: $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Zoning allows for a wide variety of development ideas with one of the lowest tax rates available in Hawaii. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Proof of funds/ pre-approval is requested before showing. Please do not disturb the tenants. Also listed in Single Family MLS#202421899.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,939,000
Days On Site 
85 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,080 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
6,000 Acres
Year Built 
1956
MLS® Number 
202421887
Status 
Active
Property Tax 
$5,232
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoStatus changed to Active
3 months agoPrice changed to $1,939,000
3 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Disclosures 
Exchange1031, Call Agent, Owner Is Listing Agent, Principal Is Real Estate Licensed, Pet On Property, Seller Disclosure
Number Of Stories 
1
Parking Spaces 
5
Property Sub Type 
Multi Family
SqFt Total 
2080
Stories 
One
Utilities 
Cable AvailableElectricity AvailableSewer AvailableWater AvailableSewer Connected
Water Source 
Public
Zoning 
12 - A-2 Medium Density Apartme
Interior Features
Furnished 
Unfurnished
Laundry Features 
In Unit
Save
Ask
Tour
Hide
Share
Exterior Features
Frontage 
Other
Lot Features 
ClearedCul-De-SacLevel
Roof 
Composition
View 
Mountain(s)Other
Waterview 
Mountain(s)Other
Community Features
Community Features 
None
MLS Area 
Kailua
Listing courtesy of Town and Country Real Estate 8083894004

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright © 2017-present by HiCentral MLS, Ltd.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share