INVESTOR DREAM! Are you looking for a rare, income-generating opportunity with strong fundamentals and long-term potential? This one-of-a-kind property features four 2-bed / 1-bath units—each with separate electric meters, six on-site parking stalls, and an estimated market CAP rate near 5%.This might be the gem you've been waiting for. A truly unique opportunity where the numbers make sense—and the location adds even more value. Each unit is thoughtfully designed with a vertical stack, meaning no upstairs neighbors—offering greater privacy, quieter living, and less wear-and-tear between tenants. Tenants will love the convenience of their own washers and dryers, the comfort of both front and backyard space, and the feel of a private townhouse rather than a traditional rental. It’s an ideal setup for long-term tenant satisfaction and retention—giving your investment lasting stability. Located just moments from Waikiki, Ala Moana, top schools, and some of Honolulu’s most popular dining, this property is positioned perfectly for today’s renters. This isn’t just another multifamily property—it’s the kind of opportunity that doesn’t come around often.
Closed
$1,612,500
713 Menehune Ln, Honolulu, HI 96826
8beds
3,000sqft
Single Family Residence
Built in 1952
-- sqft lot
$1,591,300 Zestimate®
$538/sqft
$6,455 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 25, 2025 at 11:43am
Listed by:
Daniel K Ihara 808-343-3695,
Keller Williams Honolulu,
Ryan K Mori 808-551-1535,
Keller Williams Honolulu
Bought with:
Malia L Meenderman, RB-18199
Hawaii House Inc.
Jon Yamashita, RB-23027
Bean Sprout Realty, Inc.
Source: HiCentral MLS,MLS#: 202512035
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Laminate
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 6
- Parking features: Three or more Spaces
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Features: Cleared, Corner Lot, Interior Lot, Level
- Topography: Level
Details
- Parcel number: 1270230530000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multiplex
- Property subtype: Single Family Residence
Materials
- Hollow Tile, Single Wall
Condition
- Average Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Public
- Utilities for property: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Other, Water Available
Community & neighborhood
Security
- Security features: Key Card Entry
Location
- Region: Honolulu
- Subdivision: Kapiolani
HOA & financial
HOA
- Services included: Maintenance Grounds, Maintenance Structure
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,591,300
2% more+$31,826
With Zillow Showcase(estimated)$1,623,126