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$1,612,500
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Property Description
INVESTOR DREAM! Are you looking for a rare, income-generating opportunity with strong fundamentals and long-term potential? This one-of-a-kind property features four 2-bed / 1-bath units-each with separate electric meters, six on-site parking stalls, and an estimated market CAP rate near 5%.This might be the gem you've been waiting for. A truly unique opportunity where the numbers make sense-and the location adds even more value. Each unit is thoughtfully designed with a vertical stack, meaning no upstairs neighbors-offering greater privacy, quieter living, and less wear-and-tear between tenants. Tenants will love the convenience of their own washers and dryers, the comfort of both front and backyard space, and the feel of a private townhouse rather than a traditional rental. It's an ideal setup for long-term tenant satisfaction and retention-giving your investment lasting stability. Located just moments from Waikiki, Ala Moana, top schools, and some of Honolulu's most popular dining, this property is positioned perfectly for today's renters. This isn't just another multifamily property-it's the kind of opportunity that doesn't come around often.
Full Property Details
Full Property Details for 713 Menehune Ln
General
- Sold For: $1,612,500
- Taxes: $4,824
- Status: Closed
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202512035
- Added to Site: 246 day(s) ago
Interior
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Security/Safety: Key Card Entry
Parking
- Total Spaces: 6
- Parking Features: Three or more Spaces
Location
- Area: Metro
- County: Oahu
- Subdivision: KAPIOLANI
Community
- Assoc. Fees Include: Maintenance Grounds, Maintenance Structure
Utilities
- Water: Public
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Water Available
Structural Information
- Architectural Style: Multiplex
- Detached/Attached: Detached
- Construction: Hollow Tile, Single Wall
- Stories/Levels: 2
- Square Feet: 3,000
- Living Area: 3,000 Sq. Ft.
- Year Built: 1952
- Property Condition: Average Condition
Lot Features
- Lot Size: 5036
- Frontage: Private Road
- Topography: Level
- Lot Features: Cleared, Corner Lot, Interior Lot, Level
- Zoning: 12 - A-2 Medium Density Apartme
Financial Considerations
- Assessment Amount: $1,379,100
- Tax Amount: $4,824
Disclosures and Reports
- Special Conditions: None
- Inclusions: AC Window Unit, Dryer, Range/Oven, Refrigerator, Washer, Water Heater
- Disclosures/Reports: 1031 Exchange, Seller Disclosure
- Disclosures/Rstr.: 1031 Exchange, Seller Disclosure
- Property ID: 1-2-7-023-053-0000
Listed by Keller Williams Honolulu
Sold by Hawaii House Inc. and Bean Sprout Realty, Inc.
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Schools
Schools serving 713 Menehune Ln
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Ala Wai Elementary School 503 Kamoku Street, Honolulu, HI 96826 | PK-5 | 0.4 mi |
President George Washington Middle School 1633 South King Street, Honolulu, HI 96826 | 6-8 | 1.2 mi |
Kaimuki High School 2705 Kaimuki Avenue, Honolulu, HI 96816 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 713 Menehune Ln
Date
Details
Price
Change
Source
8/25/2025
Sold
$1,612,500
1.1%
MLS
5/16/2025
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
713 Menehune Lane, Honolulu, HI 96826 (MLS# 202512035) is a Multi-Family property that was sold at $1,612,500 on August 25, 2025. Want to learn more about 713 Menehune Lane? Do you have questions about finding other Multi-Family real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

