729 Kinau St, Honolulu, HI, 96813
About This Home
Rare Investment Opportunity! A 24-Room Apartment Building+ Liquor Store. Here’s your chance to own a high-demand, income-generating property in a high traffic count area in the heart of Central Oahu. This two-story apartment complex features 24 rentable Studio /rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each of the two 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.
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Property condition: Average Condition
- Year built: 1948
Materials
- Construction materials: Concrete,Wood Frame
Notable Dates
- Major remodel year: 1968
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Washer
- Laundry features: Coin-operated
Property
Details
- Parcel number: 1210410190000
- Zoning description: 33 - BMX-3 Community Business M
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
- Frontage type: Other
- Topography of land: Level,Other,Terraced
Lot
- Features: Cleared,Other,Level
Parking
- Total spaces: 1
- Parking features: None
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
- Earthquake
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Hawaii Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $12,009 | $144,108 |
| Home Insurance * | $441 | $5,292 |
| Property Taxes | $2,454 | $29,448 |
| Electricity | $374 | $4,497 |
| Total | $15,278 | $183,336 |
Income You'd Need if You Spent...
Hawaii FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Listed for sale | $2,375,000 |
| 2026-04-05 | Listing removed | $2,400,000 |
| 2025-11-15 | Listed for sale | $2,400,000 |
| 2025-10-08 | Pending sale | $2,400,000 |
| 2025-06-13 | Listed for sale | $2,400,000 |
| 2022-08-10 | Listing removed | $2,199,500 |
| 2022-07-13 | Listed for sale | $2,199,500 |
| 2022-07-05 | Listing removed | $2,195,000 |
| 2022-05-31 | Listed for sale | $2,195,000 |
| 2022-05-16 | Listing removed | $2,195,000 |
| 2022-05-14 | Listed for sale | $2,195,000 |
| 2022-04-07 | Contingent | $2,195,000 |
| 2022-03-08 | Listed for sale | $2,195,000 |
| 2020-12-27 | Listing removed | $2,195,000 |
| 2020-06-26 | Listed for sale | $2,195,000 |
| 2020-05-03 | Listing removed | $2,195,000 |
| 2019-12-02 | Price change | $2,195,000 |
| 2019-11-04 | Listed for sale | $2,199,000 |
| 2005-06-28 | Sold | $800,000 |
| 2001-10-11 | Sold | $1,000 |
| 2001-04-09 | Sold | $405,000 |
| 2000-10-26 | Sold | $430,000 |
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