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$2,499,000

  • For Sale
  • Under Contract
  • Multi-Family
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Impressive 8% CAP rate! Opportunity to own a multi-family property in an unbeatable location across from Iolani School. This property includes three single-story duplex buildings (6 units total), currently configured as three spacious 4-bedroom, 2-bath units- originally six (2-bed, 1-bath) units and easily convertible back for greater rental flexibility. Long-term tenants in place, and generating strong cash flow. Conveniently located near Waikiki Beach, Ala Moana, bus lines, and restaurants. *Some photos have been virtually decluttered

Full Property Details for 726 Menehune Ln

General

  • Price: $2,499,000
  • Taxes: $300
  • Status: Under Contract
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202524362
  • Updated: 11/25/2025
  • Added to Site: 82 day(s) ago

Rental Information

  • Complex Features: None

Parking

  • Total Spaces: 6
  • Parking Features: Open

Location

  • Area: Metro
  • County: Oahu
  • Subdivision: KAPIOLANI

Utilities

  • Sewer: Connected
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected

Structural Information

  • Structure Type: Duplex, Multi Family
  • Detached/Attached: Detached
  • Construction: Single Wall, Wood Frame
  • Stories/Levels: 1
  • Square Feet: 3,572
  • Year Built: 1957
  • Property Condition: Average Condition

Lot Features

  • Property View: Mountain(s), Sunrise
  • Mountain views: Yes
  • Lot Size: 11077
  • Topography: Level
  • Lot Features: Interior Lot, Irregular Lot, Level
  • Zoning: 12 - A-2 Medium Density Apartme

Financial Considerations

  • Operating Expenses: $12,325.91
  • Assessment Amount: $2,132,000
  • Tax Amount: $300
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: Owner Is Listing Agent, Seller Disclosure
  • Disclosures/Rstr.: Owner Is Listing Agent, Seller Disclosure
  • Property ID: 1-2-7-023-055-0000

Listed by Keller Williams Honolulu

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Listing agent

— 726 Menehune Ln —

  • Keller Williams Honolulu

(808) 596-2888

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 726 Menehune Ln

School District:Hawaii Department of Education
NameGradesDistance
Ala Wai Elementary School
503 Kamoku Street, Honolulu, HI 96826
PK-50.4 mi
President George Washington Middle School
1633 South King Street, Honolulu, HI 96826
6-81.2 mi
Kaimuki High School
2705 Kaimuki Avenue, Honolulu, HI 96816
9-120.2 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 726 Menehune Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/27/2025
Listed
$2,499,000
57.19%
MLS
11/17/2021
Sold
$1,589,760
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 726 Menehune Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,448
6%
$2,132,000
—
2023
$7,028
5%
$2,127,900
6%
2022
$6,704
—
$2,008,000
5%
2022
$6,704
4%
$1,915,400
4%
2021
$6,477
—
$1,850,600
-11%
2021
$6,477
-4%
$2,090,000
8%
2019
$6,774
21%
$1,935,300
21%
2018
$5,590
6%
$1,597,000
6%
2017
$5,292
-12%
$1,511,900
-12%
2016
$5,982
36%
$1,709,200
36%
2015
$4,408
8%
$1,259,400
5%
2013
$4,077
—
$1,196,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 726 Menehune Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Keller Williams Honolulu

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726 Menehune Lane, Honolulu, HI 96826 (MLS# 202524362) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 726 Menehune Lane is currently listed for $2,499,000 and was received on October 27, 2025. Want to learn more about 726 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.

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