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726 Menehune Lane, Honolulu, HI 96826
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
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Multi-family details
1957 year built
- Year Built 1957
- Days on market 51
- Price per sqft $700/sqft
-
Address
726 Menehune Lane, Honolulu, HI, 96826
- Frontage Other
- Neighborhood Kapiolani
- Land tenure FS - Fee Simple
- Land SqFt 11,077 sqft
- View Mountain, Sunrise
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$12,742
Taxes
$25
HOA dues
$0
Mortgage
Down payment
$499,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$12,742 / month
Neighborhood: Kapiolani
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
10.5 / 20
Somewhat 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
6 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
6
Amenities & Features
6 parking places
Stories
One
Construction
Above Ground, Single Wall, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Average
Parking
Open
nr.of parking places
6
Amenities
None
Income
—
Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income
Kapiolani prices
No information about average prices in this area
-
Schools
15 schools in this area
| School rating | Distance | |
|---|---|---|
|
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
Elementary School
|
0.229mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
Middle School
|
0.237mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
High School
|
0.237mi |
| School rating | Distance | |
|---|---|---|
|
Prince Jonah Kuhio Elementary School
2759 South King St,
Honolulu, HI 96826
|
0.229mi | |
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.237mi | |
|
Ala Wai Elementary School
503 Kamoku St,
Honolulu, HI 96826
|
0.433mi | |
|
Aikane O Hokulani
2940 Kamakini St,
Honolulu, HI 96816
|
0.572mi | |
|
Hokulani Elementary School
2940 Kamakini St,
Honolulu, HI 96816
|
0.641mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.237mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.412mi | |
|
Our Redeemer Lutheran School
2428 Wilder Avenue,
Honolulu, HI 96822
|
0.714mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.732mi | |
|
Education Laboratory Public Charter School
1776 University Ave,
Honolulu, HI 96822
|
0.841mi |
| School rating | Distance | |
|---|---|---|
|
Iolani School
563 Kamoku St,
Honolulu, HI 96826
|
0.237mi | |
|
Kaimuki High School
2705 Kaimuki Ave,
Honolulu, HI 96816
|
0.253mi | |
|
Varsity International School
2617 South King St., 3-D,
Honolulu, HI 96826
|
0.412mi | |
|
Lutheran High School Of Hawaii
1404 University Avenue,
Honolulu, HI 96822
|
0.702mi | |
|
St Louis School
3142 Waialae Avenue,
Honolulu, HI 96816
|
0.732mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Mar 31, 2022
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 31, 2022 | Sold | $1,600,000 | $447.93 | Public Record |
| Nov 28, 2021 | In Escrow - not showing | $1,680,000 | $470.32 | MLS #202124669 |
| Nov 1, 2021 | Active Under Contract | $1,680,000 | $470.32 | MLS #202124669 |
| Oct 25, 2021 | Price Decrease | $1,680,000 -6.67% | $470.32 | MLS #202124669 |
| Sep 25, 2021 | New Listing | $1,800,000 | $503.92 | MLS #202124669 |
Tax & MLS details 726 Menehune Lane, Honolulu, HI, 96826
MLS #202524362
Current Property Taxes p/month
$25
Assessed Improvement value
$258,700
TMK
1-2-7-023-055-0000
Flood Zone
Zone AE
Topography
Level
Lot Description
Irregular
Total Assessed value
$2,132,000
Listed by
Keller Williams Honolulu
(808) 596-2888
(808) 596-2888
MLS #
202524362
Hawaii House tour report for this multi-family home
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Open floorplan
Needs Work
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Frequently asked questions for 726 Menehune Lane
When was this multi-family home built and last sold?
This house was build in 1957.
What is the full address of this multi-family home?
726 Menehune Lane, Honolulu, HI, 96826.
Are there beaches near 726 Menehune Lane?
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 Keller Williams Honolulu. 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 November 25, 2025.
Hawaii House Last checked 1 minute ago.
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