$2,400,000

729 Kinau St Honolulu, HI 96813

$10,000
Closing credit¹
Multi-Family

Property details

About 729 Kinau St

For Sale: Rare Investment Opportunity – 20-Room Apartment + Liquor Store. Here’s your chance to own a high-demand, income-generating property in the heart of Central Oahu. This two-story apartment complex features 20 rentable rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each floor includes shared cooking areas and two bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot—a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to hospitals and medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers. Seller is conducting 1031 Exchange.

Highlights

Home typeMulti Family
StatusActive
Year built1948
ParkingAssigned
MLS #202514057
WaterfrontOther

Summary

  • Appliances: Washer
  • Parking: Assigned
  • Waterfront: Other
  • List Price: $2,400,000
  • Annual Tax Amount: $24,535
  • Tax Year: 2024
  • Lot: Cleared, Other
  • Year Built: 1948
  • Stories: 2
  • MLS Number: 202514057
  • MLS Name: HICMLS
  • Office Name: Pacific Century Realty
  • Office Phone: (808) 721-0700
  • Agent Phone: (808) 721-0700, (808) 478-9688
  • Agent Email: davidcordero.1global@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.

Some of the 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.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 3:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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729 Kinau St, Honolulu, HI 96813 - view of building exterior

$2,400,000

729 Kinau St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 28, 2005
Home Sold
$800,000
Oct 26, 2000
Home Sold
$541,080

Tax history

YearAssessmentProperty Tax
2024$1,994,100$24,535
2023$1,978,700$23,359
2022$1,883,800$23,359
2021$1,896,000$23,510
2020$1,906,400$23,639
2019$1,840,800$21,914
2018$1,767,300$21,914
2017$1,716,200$21,280

History based on county public records data.

Nearby schools

3

Royal Elementary School

Public District PK-5

0.5 mi

1519 Queen Emma St

3

Queen Kaahumanu Elementary School

Public District PK-5

0.5 mi

1141 Kinau St

8

President Abraham Lincoln Elementary School

Public District PK-5

0.9 mi

615 Auwaiolimu St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,487. Typical income of Honolulu, HI residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
47%
35k-100k
17%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

64%
Single, No Kids
9%
Single, with Kids
16%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • IKEAIKEA
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • QuiznosQuiznos
  • StarbucksStarbucks

What do the neighbors drive?

  • ToyotaToyota
  • LexusLexus
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 729 Kinau St

The listing price of 729 Kinau St property is $2,400,000.

The property 729 Kinau St is a multi located in Honolulu, Hawaii, 96813.

Active Listing: 729 Kinau St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 729 Kinau St are: Royal Elementary School (GreatSchools Rating 3/10), Queen Kaahumanu Elementary School (GreatSchools Rating 3/10), President Abraham Lincoln Elementary School (GreatSchools Rating 8/10), Central Middle School (GreatSchools Rating 6/10), Robert Louis Stevenson Middle School (GreatSchools Rating 6/10), Prince David Kawananakoa Middle School (GreatSchools Rating 4/10), President William Mckinley High School (GreatSchools Rating 3/10), Myron B. Thompson Academy - New Century Public Charter School (GreatSchools Rating 8/10), President Theodore Roosevelt High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $24,535 (source: MLS/based on county public records data).

The last sale was on June 28, 2005 for $800,000 (source: MLS/tax record).

The year of construction for 729 Kinau St is 1948.

This home is located at 729 Kinau St in Honolulu, HI and zip code 96813 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $2,400,000.

While more than 47 listings in Honolulu, HI in May 2025 were sold above asking price, there were more than 47 listings sold at asking price, and more than 171 were sold below. The inventory of homes for sale in Honolulu, HI between April and May 2025 increased by 8.3%. The median list price of listings available in May 2025 was $715,038, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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