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Property Description
Rare Investment Opportunity! A 24-Room Apartment Building+ Liquor Store. Here's your chance to own a high-demand, income-generating property in a high traffic count area in the heart of Central Oahu. This two-story apartment complex features 24 rentable Studio /rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each of the two 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.
Full Property Details
Full Property Details for 729 Kinau St
General
- Price: $2,375,000
- Taxes: $25,368
- Status: Active
- Type: Apartment
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202608740
- Updated: 5/2/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: None
Interior
- Appliances: Dryer, Washer
- Furnishings: Unfurnished
Rooms
Other Rooms
- Laundry: Coin-operated
Parking
- Total Spaces: 1
- Parking Features: None
Location
- Area: Metro
- County: Oahu
- Subdivision: KAPIO/KINAU/WARD
Utilities
- Sewer: Septic Tank
- Cable Available: Yes
- Utility Description: Above Ground Utilities, Cable Available, Electricity Available, Septic Available, Water Available
Structural Information
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Concrete, Wood Frame
- Stories/Levels: 2
- Year Built: 1948
- Property Condition: Average Condition
Lot Features
- Lot Size: 5469
- Topography: Level, Other, Terraced
- Lot Features: Cleared, Other, Level
- Zoning: 33 - BMX-3 Community Business M
Financial Considerations
- Operating Expenses: $70,000
- Assessment Amount: $2,057,800
- Tax Amount: $25,368
- Tenant Pays: Other
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Disclosures/Reports: 1031 Exchange, Call Agent, See Remarks
- Disclosures/Rstr.: 1031 Exchange, Call Agent, See Remarks
- Property ID: 1-2-1-041-019-0000
Listed by Pacific Century Realty
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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 |
Robert Louis Stevenson Middle School 1202 Prospect Street, Honolulu, HI 96822 | 6-8 | 0.8 mi |
President William Mckinley High School 1039 South King Street, Honolulu, HI 96814 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
5/01/2026
Listed
$2,375,000
196.88%
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# 202608740) is a Apartment property with 0 bedrooms and 0 full bathrooms. 729 Kinau Street is currently listed for $2,375,000 and was received on May 01, 2026. Want to learn more about 729 Kinau Street? Do you have questions about finding other Apartment real estate for sale in Downtown Honolulu? You can browse all Downtown Honolulu real estate or contact a Coldwell Banker agent to request more information.

