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156 Kihapai Street, Kailua, HI 96734

$1,150,000 Sale Pending

  • For Sale
  • In Escrow Showing
  • Multi-Family
  • Coconut Grove
  • Fee Simple
156 Kihapai Street, Kailua, HI 96734View this property at 156 Kihapai Street, Kailua, HI 96734
156 Kihapai StreetKailuaHI96734

Property Description

Rarely available INVESTMENT OPPORTUNITY in Kailua for A-2 ZONED property (Medium Density Apartments). Lots of possibilities and great rental income while you're doing your planning & permitting. The front dwelling has two 1 bedroom/1 bath units. The back dwelling is a 1 bedroom plus den/2 bath cottage. The tenants are on month-to-month leases, with a total rental income of $5,500/month. The property has 3 separate electric meters, tenants pay their own electricity and cable. Other exclusions - AC supplied by tenants. Short distance to Kailua Town and Kailua Beach; easy access to H-3 and Pali Hwy. By appointment only, please do not disturb the tenants. Pets on the property. TO BE SOLD "AS IS". SMA regulations apply. Seller may participate
in 1031 Exchange. Also listed as Single Family.

Full Property Detailsfor 156 Kihapai Street


  • Price: $1,150,000
  • Taxes: $230 (2017)
  • Status: In Escrow Showing
  • Type: Multi-Family
  • MLS ID: 201723618
  • Updated: 3/19/2018
  • Added: 164 day(s) ago

Property History

  • 156 Kihapai Street, Kailua, HI
  • Listed at $1,150,000 on 11/11/17


  • Furnishings: None


Other Rooms

  • Laundry: Dryer, Individual, Washer

Additional Information

  • Amenities: None
  • Recreation: None


  • Parking Features: Covered, Open, Tandem
  • Parking Type: Covered, Open, Tandem
  • Other Parking Type: None


  • Area: Kailua
  • County: Oahu
  • Neighborhood: COCONUT GROVE

School Information

  • Elementary School: Kailua
  • Middle School: Kailua
  • High School: Kalaheo


  • Sewer: Connected
  • Utility Description: Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Water
  • Metering: Electric, Water

Structural Information

  • Description/Design: Multi-Family
  • Exterior Const.: Above Ground, Single Wall
  • Roof: Asphalt Shingle, Composition
  • Stories Description: One
  • Square Feet: 1,391
  • Year Built: 1949
  • Property Condition: Average, Fair

Unit Information

  • 1 Bedroom Units: 3

Lot Features

  • Property View: Other
  • Lot Size (Sq. Ft.): 6,106
  • Topography: Level
  • Lot Features: Clear
  • Zoning: 12 - A-2 Medium Density Apartme
  • Lot Description: Clear

Financial Considerations

  • Expenses: Insurance, Other, Property Tax, Sewer Fee
  • Tax Amount: $230
  • Tax Year: 2017
  • Terms: Cash, Conventional
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Ownership: FS - Fee Simple
  • Special Conditions: None
  • Documents Avail.: Lease Documents
  • Land Tenure: Fee Simple
  • Flood Zone: Zone AH
  • Disclosures/Reports: 1031 Exchange, Non Resident Owner, Pet on Property, Property Disclosure Stmt, See Remarks
  • Property ID: 1-4-3-059-029-0000

Listed by Town and Country Real Estate and Town and Country Real Estate

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Schoolsserving 156 Kihapai Street

School District:Hawai'i Department Of Education
School Name
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.4 mi
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.8 mi
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 156 Kihapai Street

Listed by Town and Country Real Estate and Town and Country Real Estate

156 Kihapai Street, Kailua, HI 96734 (MLS# 201723618) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 156 Kihapai Street is currently listed for $1,150,000 and was received on November 11, 2017. Want to learn more about 156 Kihapai Street? Do you have questions about finding other Multi-Family real estate for sale in Coconut Grove? You can browse all Coconut Grove real estate or contact a Coldwell Banker agent to request more information.