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703 Kihapai Place Kailua - Multi-family - photo 2 of 3
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703 Kihapai Place, Kailua, HI, 96734
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703 Kihapai Place, Kailua, HI 96734

$2,050,000 Multi-Family Home for sale 2,080 sqft Neighborhood:  Coconut Grove
9 min walk to Kawai Nui Marsh
20 min walk to the beach
7 min drive to the golf
27 min walk to Kailua Beach
5 min drive to Castles
About lifestyles
A2 zoned 6,000sq ft lot with two duplexes (4 units total) just a few blocks away from Kailua town. Each unit is a 2bed/ 1bath. 4 electric meters, one water meter. Average rent per unit currently is approx $2,169/month. Beautiful mountain views and Maunawilli stream frontage. Current monthly expenses: approx $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Proof of funds/ pre-approval is requested prior to showing. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Please do not disturb the tenants. Also listed as Residential MLS #202404361.
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Multi-family details

1956 year built
  • Year Built 1956
  • Year Remodeled 1990
  • Original list price $2,050,000
  • Days on market 33
  • Building type Duplex,Multi Dwellings
  • Price per sqft $986/sqft
  • Address

    703 Kihapai Place, Kailua, HI, 96734

  • Frontage Other, Stream/Canal
  • Neighborhood Coconut Grove
  • Land tenure FS - Fee Simple
  • Land SqFt 6,000 sqft
  • View Mountain, Other

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$10,453
Taxes
$436
HOA dues
$0
$10,889 per month
Mortgage
Down payment
$410,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $10,453 / month

Neighborhood: Coconut Grove

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.5 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

4 total units
# of 1 Bd
0
# of 2 Bd
4
# of 3 Bd
0
Total Units
4

Amenities & Features

5 parking places
Stories
One
Furnished
None
Roof
Composition
Construction
Above Ground, Single Wall
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee
Property Condition
Above Average, Average
Parking
Open
nr.of parking places
5
Amenities
None

Income

Net Operating Income: $86,333
Total Actual Rent
$8,675
Total Annual Operating Expenses
$17,767
Total Income
$104,100
Net Operating Income
$86,333

Coconut Grove prices

Average price $508.46k
Neighborhood average sales price*
$508.46k
Neighborhood median sales price*
$364.6k
Number or sales*
21
Street median sales price*
$280k
Median sale price Rycroft Terrace*
$280k
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
Elementary School
0.387mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
Middle School
0.387mi
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
High School
0.644mi
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.387mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.401mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.67mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.679mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.89mi
School rating Distance
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.387mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.401mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.67mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.679mi
8
out of 10
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.685mi
School rating Distance
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
0.644mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.89mi
7
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1.181mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
1.689mi
NR
Trinity Christian School
875 Auloa Road & 1110 Kailua Road, Kailua, HI 96734
1.723mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Feb 28, 2024
Date Event Price $/sqft Source
Feb 28, 2024 New Listing $2,050,000 +37.58% $985.58 MLS #202404361
Feb 2, 2022 Sold $1,490,000 +65.56% from last sold price $716.35 Public Record
Dec 14, 2021 Active Under Contract $1,490,000 $716.35 MLS #202124190
Nov 9, 2021 Back On Market $1,490,000 $716.35 MLS #202124190
Nov 3, 2021 Rented $1,900 $0.91 MLS #202126648
Nov 1, 2021 Active Under Contract $1,490,000 $716.35 MLS #202124190
Oct 26, 2021 Price Increase $1,900 +2.7% $0.91 MLS #202126648
Oct 25, 2021 New Listing rental $1,850 $0.89 MLS #202126648
Sep 20, 2021 New Listing $1,490,000 -53.44% $716.35 MLS #202124190
Jul 9, 2021 Cancelled $3,200,000 $1,538.46 MLS #202029400
Jan 25, 2021 Rented $1,850 $0.89 MLS #202100077
Jan 4, 2021 New Listing rental $1,850 $0.89 MLS #202100077
Nov 17, 2020 New Listing $3,200,000 +3.9% $1,538.46 MLS #202029400
Oct 22, 2020 Rented $1,850 $0.89 MLS #202020719
Aug 17, 2020 New Listing rental $1,850 $0.89 MLS #202020719
Apr 10, 2020 Rented $1,850 $0.89 MLS #201817058
Mar 13, 2020 Price Increase $1,850 +10.45% $0.89 MLS #201817058
Mar 13, 2020 Back On Market $1,675 $0.81 MLS #201817058
Apr 30, 2019 Cancelled $3,080,000 $1,480.77 MLS #201829578
Feb 4, 2019 Price Decrease $3,080,000 -3.75% $1,480.77 MLS #201829578
Dec 19, 2018 Back On Market $3,200,000 $1,538.46 MLS #201829578
Nov 23, 2018 Active Under Contract $3,200,000 $1,538.46 MLS #201829578
Nov 15, 2018 Price Decrease $3,200,000 -5.88% $1,538.46 MLS #201829578
Nov 15, 2018 New Listing $3,400,000 +277.78% $1,634.62 MLS #201829578
Aug 30, 2018 Rented $1,675 $0.81 MLS #201817058
Jun 28, 2018 New Listing rental $1,675 +8.06% $0.81 MLS #201817058
Dec 27, 2017 Cancelled $1,550 $0.75 MLS #201726075
Dec 21, 2017 New Listing rental $1,550 $0.75 MLS #201726075
May 22, 2017 Sold $900,000 $432.69 Public Record
Mar 21, 2017 In Escrow - not showing $900,000 $432.69 MLS #201706009
Mar 18, 2017 New Listing $900,000 $432.69 MLS #201706009
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Tax & MLS details 703 Kihapai Place, Kailua, HI, 96734

12 - A-2 Medium Density Apartme zoning / MLS #202401479
Current Property Taxes p/month
$436
Property Tax Year
2024
Assessed Improvement value
$183,100
Assessed Land value
$1,312,000
TMK
1-4-3-058-040-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone AH
Topography
Level
Location
Cul-De-Sac,Dead End
Lot Description
Clear
Property Setbacks
C&C
Total Assessed value
$1,495,100
Listed by
Town and Country Real Estate
(808) 389-4004
MLS #
202401479
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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As soon as we do, we post it here.

Similar homes nearby 703 Kihapai Place in Coconut Grove

Recently sold nearby 703 Kihapai Place in Coconut Grove

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Frequently asked questions for 703 Kihapai Place

When was this multi-family home built and last sold?

This house was build in 1956.

What is the full address of this multi-family home?

703 Kihapai Place, Kailua, HI, 96734.

Are there beaches near 703 Kihapai Place?

The nearest beach is 0.882 miles away. It should take about 20 min walk.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Town and Country Real Estate. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 27, 2024.
Hawaii House Last checked less than a minute ago.

Multi-Family Home for sale $2,050,000 703 Kihapai Place, Kailua, HI, 96734 2,080 sqft Save House Remove from Saved