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$2,400,000
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Property Description
For Sale: Rare Investment Opportunity - 20-Room Apartment + Liquor Store. Here's your chance to own a high-demand, income-generating property in the heart of Central Oahu. This two-story apartment complex features 20 rentable rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each floor includes shared cooking areas and two bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot-a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to hospitals and medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers. Seller is conducting 1031 Exchange.
Full Property Details
Full Property Details for 729 Kinau St
General
- Price: $2,400,000
- Taxes: $24,732
- Status: Active
- Type: Multi-Family
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202514057
- Updated: 11/15/2025
- Added to Site: 219 day(s) ago
Rental Information
- Complex Features: None
Interior
- Appliances: Washer
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Coin-operated
Parking
- Total Spaces: 2
- Parking Features: Assigned
Location
- Area: Metro
- County: Oahu
- Subdivision: KAPIO/KINAU/WARD
Utilities
- Sewer: Septic Tank
- Utility Description: Sewer Available, Water Available
Structural Information
- Structure Type: Apartment, Multi Family, Other
- Detached/Attached: Detached
- Construction: Other, Single Wall
- Stories/Levels: 2
- Square Feet: 3,648
- Year Built: 1948
- Property Condition: Average Condition
Lot Features
- Lot Size: 5469
- Topography: Terraced
- Lot Features: Cleared, Other
- Zoning: 33 - BMX-3 Community Business M
Financial Considerations
- Assessment Amount: $2,045,500
- Tax Amount: $24,732
- Tenant Pays: Electricity
Disclosures and Reports
- Disclosures/Reports: 1031 Exchange, Call Agent
- Disclosures/Rstr.: 1031 Exchange, Call Agent
- Property ID: 1-2-1-041-019-0000
Listed by Pacific Century Realty
Get Pre-Approved Today
Schools
Schools serving 729 Kinau St
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Queen Kaahumanu Elementary School 1141 Kinau Street, Honolulu, HI 96814 | PK-5 | 0.5 mi |
Princess Ruth Keelikolani Middle School 1302 Queen Emma Street, Honolulu, HI 96813 | 6-8 | 0.6 mi |
President William Mckinley High School 1039 South King Street, Honolulu, HI 96814 | 9-12 | 0.5 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 729 Kinau St
Date
Details
Price
Change
Source
6/12/2025
Listed
$2,400,000
200%
MLS
6/21/2005
Sold
$800,000
—
Public Record
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
Tax History for 729 Kinau St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,727
1%
$2,045,500
3%
2023
$24,536
5%
$1,994,100
1%
2022
$23,359
—
$1,978,700
5%
2022
$23,359
-1%
$1,883,800
-1%
2021
$23,510
—
$1,896,000
-1%
2021
$23,510
7%
$1,906,400
8%
2018
$21,915
3%
$1,767,300
3%
2017
$21,281
19%
$1,716,200
19%
2016
$17,835
6%
$1,438,300
6%
2015
$16,875
-26%
$1,360,900
-26%
2019
$22,826
70%
$1,840,800
42%
2013
$13,399
—
$1,293,400
—
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
Estimate the Cost for 729 Kinau St
729 Kinau Street, Honolulu, HI 96813 (MLS# 202514057) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 729 Kinau Street is currently listed for $2,400,000 and was received on June 12, 2025. Want to learn more about 729 Kinau Street? 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.

