$10,000
closing credit¹
703 Kihapai Pl Kailua, HI 96734
Property details
About 703 Kihapai Pl
A2 zoned 6,000sq ft lot with two duplexes (4 units total, current total rental income $8,675 per month) just a few blocks away from Kailua town. Beautiful mountain views and Maunawilli stream frontage. Walking distance to shops and restaurants, easy access to the Pali Highway. Each unit is a 2bed/ 1bath. 4 electric meters, recently applied for permitting to upgrade all 4 electric meters to 100amp each. One water meter, recently upgraded all water supply lines to copper. The average rent per unit currently is approx $2,169/month. Some rents are below market value. Great tenants, all of them currently are on month-to-month leases and would love to stay. Current monthly expenses: $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Zoning allows for a wide variety of development ideas with one of the lowest tax rates available in Hawaii. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Proof of funds/ pre-approval is requested before showing. Please do not disturb the tenants. Also listed in Single Family MLS#202421899.
Highlights
Summary
- MLS Number: 202421887
- MLS Name: HICMLS
- Office Name: Town and Country Real Estate
- Office Phone: (808) 389-4004
- Agent Phone: (808) 389-4004, (808) 747-0234
- Agent Email: toekneegroman@gmail.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 4:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,939,000
703 Kihapai Pl
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 02, 2022 | Home Sold | $1,490,000 |
| May 19, 2017 | Home Sold | $3,600,000 |
| Feb 18, 2005 | Home Sold | $600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,495,100 | $5,218 |
| 2023 | $1,491,000 | $4,884 |
| 2022 | $1,395,700 | $4,884 |
| 2021 | $1,225,600 | $4,289 |
| 2020 | $1,170,800 | $4,097 |
| 2019 | $1,110,200 | $2,817 |
| 2018 | $805,100 | $2,817 |
| 2017 | $788,500 | $2,759 |
History based on county public records data.
Nearby schools
2
Kailua Elementary School
Public District PK-6
0.4 mi
•315 Kuulei Rd
6
Kaelepulu Elementary School
Public District PK-6
0.9 mi
•530 Keolu Dr
9
Maunawili Elementary School
Public District PK-6
1.2 mi
•1465 Ulupii St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,157. Residents of Kailua, HI typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Continuing Education Courses
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Express/Express For Men
Banana Republic
Where do the neighbors go to eat?
Popeyes
Qdoba
Sonic
What do the neighbors drive?
Dodge
Volkswagen
Infiniti
What do the neighbors listen to?
Urban Contemporary
News
Alternative
This home is located at 703 Kihapai Pl in Kailua, HI and zip code 96734 in the Kailua neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $1,939,000.
Kailua, HI housing market in January 2025 saw over 9 listings sold above listed price, more than 10 sold at listed price and over 24 sold below. The inventory of homes for sale in Kailua, HI between December and January 2025 increased by 13.4%. The median list price of listings available in January 2025 was $1,150,000, while the average time on the real estate market was 49 days.