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4639 Lehua St, Kapaa, HI, 96746

8beds
4baths
2,970sqft
$2,200,000
$741price/sqft
$13,717/moest. monthly cost
$548,680/yrincome needed

About This Home

Rare SPA-A Opportunity in the Heart of Kapaʻa Town! Conveniently located and walkable to everything downtown Kapaʻa has to offer — this is a rare find! Zoned SPA-A, this versatile property allows for many uses including commercial business, rental income, or owner-occupied residence. Buyers and agents are encouraged to verify permitted uses with the County Ideally situated in central Kāpaʻa, you’re just steps from the beach, parks, the beloved beachside library, the scenic recreational pathway, public transit, restaurants, shops, and the popular farmers market featuring fresh produce, exotic fruits, and flowers. The property features two duplexes with two units each, for a total of four income-producing units. Each duplex has its own water meter, and each unit has its own electric meter, plus an additional meter for exterior lighting and security — 2 water meters and 5 electric meters total. All units are connected to sewer. Each Unit has full kitchen with refrigerator, stove, ceramic tile flooring, granite kitchen counters throughout. A truly unique investment opportunity in one of Kauaʻi’s most vibrant communities!

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

3/10
Kapaa Elementary SchoolGrades PK-51.0 mi
2/10
Kapaa Middle SchoolGrades 6-80.5 mi
6/10
Kapaa High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1986

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Hook-ups Available

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 2,970
  • Total interior livable area: 2,970 sqft

Property

Details

  • Parcel number: 4450100210000
  • Zoning: SPA-A
  • Special condition: Fee Simple,Standard

Features

  • Stories: 1
  • Fencing: Block,Chain Link,Wood
  • Topography of land: Level

Lot

  • Lot size: 8,189 sqft
  • Features: None

Parking

  • Parking features: Unassigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Hawaii Counties

Flood
Mud Landslide
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,124$133,488
Home Insurance *$491$5,892
Property Taxes $1,146$13,752
Electricity $956$11,476
Total$13,717$164,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$470,297/yr
40% on housing$411,510/yr
45% on housing$365,786/yr

Hawaii FAIR Plan Programs

Hawaii - Hurricane Relief Fund

Covered
WindWind
Visit Website →
Current Policies
Residential: 2,402Commercial: -4
Total Premiums$5.57M
Total Exposure$928.92M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 5.6%
5.6%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$741This listing

vs Other Active Listings

Avg $/sqft

ZIP 96746$879
Kauai County$1,392

vs Homes Sold Last Month

Median $/sqft

ZIP 96746$604
Kauai County$725

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$2,200,000
2012-12-03Sold$500,000
2004-05-10Sold$560,000

For Sale by Agent

AgentYelena Okhman
BrokerageRE/MAX Kauai - Princeville Office

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