809 Kinau ST Honolulu, HI 96814
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Kapio/Kinau/Ward
MLS Listing ID 202614658
Construction Status Average Condition
HOA Y/N No
Year Built 1961
Annual Tax Amount $12,864
Property Sub-Type Multi Family
Property Description
Offered well below replacement cost, this fee simple apartment property presents an exceptional opportunity to acquire a well-located Honolulu multifamily asset with both stable in-place income and meaningful upside. Investors can benefit from lease-up potential, future rent growth, and the possibility of a condominium conversion, with the property potentially achieving a 6% cap rate within the first year of ownership. Located outside the FEMA flood zone, the property does not require flood insurance, reducing operating expenses and enhancing long-term returns.
Location
State HI
County Oahu
Area Metro
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Coin-operated
Exterior
Parking Features Assigned
Community Features None
Utilities Available Cable Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
View Y/N No
View None
Total Parking Spaces 21
Building
Lot Description Cleared, Level
Dwelling Type Apartment
Entry Level Three Or More
Sewer Connected
Level or Stories Three Or More
Construction Status Average Condition
Others
Tax ID 1-2-1-041-014-0000
Special Listing Condition None
Nearby Locations