| Description | Significant Price Adjustment & Attractive Income - Seize an opportunity to own this 2025 fully renovated multi-family property in Kapahulu, a neighborhood abundant in amenities commanding low vacancy rates. Ample parking for 8 units, each with a private yard or lanai. Five 1-BD/1-BA units are divided between the two buildings on the ground floor. On the upper levels, you’ll find two 2-BD/1-BA units at the rear building, and the 3-BD/2-BA unit at the front building. Brand new appliances including fridge, stove/oven, and microwave hood, plus washer for each unit. Tenant pays parking, and separately metered electric & gas. Proximity to Waikiki, UH Manoa and other highlights, this location is highly rated for walkability & bus routes. Parking includes 4-car tandem parking in carport, tandem spaces on driveway, and frontage pad parking for 2 vehicles. Your investment portfolio will appreciate this exploration of value and potential in this turnkey property! |
|---|---|
| Status | Sold since 04-13-2026 |
| MLS# | 202607399 |
| Price | $2,475,000 |
| Original Price | $2,475,000 |
| Price Change | (0.00%) |
| Studio Units | 0 |
| One Bed Units | 5 |
| Two Bed Units | 2 |
| Three Bed Units | 1 |
| Living Sq Ft | 4,240 |
| Land Sq Ft | 6,000 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 718 Kamuela Avenue Honolulu HI 96816 |
| Region | Metro |
| Neighborhood | Kapahulu |
| Days on Market | 19 |
| Year Built | 1950 |
| Year Remodeled | 2025 |
| Condition | Above Average,Average |
| View | None |
| Parking | Assigned, Open, Tandem |
| Zoning | 12 - A-2 Medium Density Apartme |
| Flood Zone | Zone X |
| Tax Amount | $509 |
| Assessed Land | $1,610,000 |
| Assessed Building | $136,300 |
| Assessed Total | $1,746,300 |
| Assessed Ratio | 142% |
| Utilities | Gas, Overhead Electricity, Public Water |
| Construction | Hollow Tile, Masonry/Stucco |
| Lot Features | Clear |
| Disclosures | Listor Owner |
| Land Recorded | Regular System |
| Possession | At Closing, Negotiable |
| Sale Conditions | None |
| Topography | Level |
| Roofing | Asphalt Shingle |
| Easements | None |
| Parcel # | 1-2-7-034-039-0000 |
| Listing courtesy of | Real Estate Strategies, LLC |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 06-19-2026 | 202607399 | Sold | C | S | $2,475,000 | $2,475,000 | $1,746,300 | $1,610,000 | $136,300 |
| 05-02-2026 | 202607399 | Active Under Contract | A | C | $2,475,000 | $2,475,000 | $1,746,300 | $1,610,000 | $136,300 |
| 04-13-2026 | 202607399 | New Listing | A | $2,475,000 | $2,475,000 | $1,746,300 | $1,610,000 | $136,300 | |
| 03-10-2026 | 202518528 | Cancelled | A | W | $2,680,000 | $0 | $1,746,300 | $1,610,000 | $136,300 |
| 09-25-2025 | 202518528 | Price Decrease | $2,880,000 | $2,680,000 | $2,680,000 | $0 | $1,746,300 | $1,610,000 | $136,300 |
| 08-22-2025 | 202518528 | New Listing | A | $2,680,000 | $0 | $1,746,300 | $1,610,000 | $136,300 | |
| 04-11-2025 | 202503021 | Sold | C | S | $1,700,000 | $1,750,000 | $1,744,100 | $1,610,000 | $134,100 |
| 02-13-2025 | 202503021 | Active Under Contract | A | C | $1,700,000 | $1,750,000 | $1,744,100 | $1,610,000 | $134,100 |
| 01-31-2025 | 202503021 | New Listing | A | $1,700,000 | $1,750,000 | $1,744,100 | $1,610,000 | $134,100 |
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