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729 Kinau St, Honolulu, HI 96813
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.
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Multi-family details
1948 year built
- Year Built 1948
- Year Remodeled 1968
- Days on market 20
- Price per sqft $658/sqft
-
Address
729 Kinau St, Honolulu, HI, 96813
- Frontage Other
- Neighborhood Kapio/kinau/ward
- Land tenure FS - Fee Simple
- Land SqFt 5,469 sqft
- View None
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$12,237
Taxes
$2,061
HOA dues
$0
Mortgage
Down payment
$480,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$12,237 / month
Neighborhood: Kapio/kinau/ward
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
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no data
Local airport
—
no data
17.83 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
20 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
20
Amenities & Features
2 parking places
Stories
Two
Furnished
None
Construction
Above Ground, Other, Single Wall
Utilities
Sewer Fee, Water
Property Condition
Fair
Parking
Assigned
nr.of parking places
2
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Kapio/kinau/ward prices
Average price $885.4k
Neighborhood average sales price*
$885.4k
Neighborhood median sales price*
$859k
Number or sales*
5
*last 6 months
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Elementary School
|
0.36mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
Middle School
|
0.36mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
High School
|
0.36mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.36mi | |
|
Kawaiaha'o Church School
872 Mission Lane,
Honolulu, HI 96813
|
0.428mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.469mi | |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.53mi |
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.578mi |
| School rating | Distance | |
|---|---|---|
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.36mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.36mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.469mi | |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.552mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.69mi |
| School rating | Distance | |
|---|---|---|
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.36mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.36mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.423mi |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.469mi | |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.509mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Cancelled Aug 10, 2022
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 10, 2022 | Cancelled | $2,199,500 | $602.93 | MLS #202213437 |
| Jul 13, 2022 | New Listing | $2,199,500 +0.21% | $602.93 | MLS #202213437 |
| Jul 5, 2022 | Cancelled | $2,195,000 | $601.70 | MLS #202210372 |
| May 31, 2022 | New Listing | $2,195,000 | $601.70 | MLS #202210372 |
| May 16, 2022 | Cancelled | $2,195,000 | $601.70 | MLS #202204435 |
| May 14, 2022 | Back On Market | $2,195,000 | $601.70 | MLS #202204435 |
| Apr 7, 2022 | Active Under Contract | $2,195,000 | $601.70 | MLS #202204435 |
| Mar 8, 2022 | New Listing | $2,195,000 | $601.70 | MLS #202204435 |
| Mar 8, 2022 | Coming Soon | $2,195,000 | $601.70 | MLS #202204435 |
| Dec 27, 2020 | Expired | $2,195,000 | $601.70 | MLS #202014970 |
| Jun 26, 2020 | New Listing | $2,195,000 | $601.70 | MLS #202014970 |
| May 3, 2020 | Expired | $2,195,000 | $601.70 | MLS #201933461 |
| Dec 2, 2019 | New Listing | $2,195,000 -0.18% | $601.70 | MLS #201933461 |
| Nov 16, 2019 | Cancelled | $2,199,000 | $602.80 | MLS #201930783 |
| Nov 4, 2019 | New Listing | $2,199,000 +10.01% | $602.80 | MLS #201930783 |
| Oct 12, 2016 | Cancelled | $1,999,000 | $547.97 | MLS #201612784 |
| Oct 12, 2016 | Back On Market | $1,999,000 | $547.97 | MLS #201612784 |
| Aug 2, 2016 | Active Under Contract | $1,999,000 | $547.97 | MLS #201612784 |
| May 31, 2016 | New Listing | $1,999,000 +99.9% | $547.97 | MLS #201612784 |
| Apr 29, 2005 | Expired | $1,000,000 | $274.12 | MLS #2405657 |
| Jun 29, 2004 | Hold | $1,000,000 | $274.12 | MLS #2405657 |
| Apr 28, 2004 | New Listing | $1,000,000 | $274.12 | MLS #2405657 |
Tax & MLS details 729 Kinau St, Honolulu, HI, 96813
MLS #202514057
Current Property Taxes p/month
$2,061
Assessed Improvement value
$322,800
TMK
1-2-1-041-019-0000
Flood Zone
Zone X
Topography
Terraced
Lot Description
Clear
Total Assessed value
$2,045,500
Listed by
Pacific Century Realty
(808) 721-0700
(808) 721-0700
MLS #
202514057
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Frequently asked questions for 729 Kinau St
When was this multi-family home built and last sold?
This house was build in 1948.
What is the full address of this multi-family home?
729 Kinau St, Honolulu, HI, 96813.
Are there beaches near 729 Kinau St?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Pacific Century Realty. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on June 12, 2025.
Hawaii House Last checked 1 minute ago.
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