809 Kinau Street, Honolulu, HI 96814
- $7,777,000
- List Price
- $7,777,000
- Status
- ACTIVE
- Type
- Multifamily
- MLS#
- 202614658
- Days on Market
- 1
- Land Area
- 13,322
- Year Built
- 1961
- Property Type
- Residential
- Neighborhood
- Kapio/Kinau/Ward
- Land Tenure
- FS - Fee Simple
Property Description
New Price – $7,777,000 | Outstanding Value Below Replacement Cost! 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.
Additional Information
- Island
- Oahu
- Utilities
- Cable Available, Natural Gas Available, High Speed Internet Available, Phone Available, Water Available, Sewer Connected
- View
- None
- Lot Size
- 13,322
- Construction Materials
- Concrete
- Neighborhood
- Kapio/Kinau/Ward
- Year Built
- 1961
- Sewer
- Connected
- Parking Features
- Assigned
- Lot Features
- Cleared, Level
- Assessed Total
- 3674800
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Listing courtesy of Obsidian Real Estate LLC.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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