Property summary
This exceptional multifamily investment property, located at 865 Akumu St, Kailua, HI 96734, presents a compelling opportunity for discerning buyers. The property boasts a fee simple ownership structure and comprises a meticulously renovated, 3,740 square foot main house and two additional units, totaling four units. The main house features four bedrooms and three bathrooms, while the additional units offer a mix of one- and two-bedroom configurations, all with private lanais. A total of… five parking spaces are available. Built in 1963 and extensively renovated in 2020, this Class A property sits on a 7,772 square foot lot zoned 05-R-5 Residential District. The property includes state-of-the-art amenities such as automatic lighting, auto-closing skylights, integrated blinds, a gas stove and dryer, and a 13-foot deep pool with a diving board. Furthermore, it features over 40 photovoltaic panels and 4 Tesla batteries, significantly reducing energy costs. Currently operating at 100% occupancy, the property generates a substantial monthly rental income of $14,250, translating to an annual NOI of $153,100 and a current cap rate of 5.89%. Pro-forma NOI is projected at $157,900, resulting in a pro-forma cap rate of 6.07%. The asking price is $2,600,000, representing a price per square foot of $695.19 and a price per unit of $650,000. A 3D walkthrough of a downstairs unit is available online. This turnkey property offers significant potential for owner-users seeking rental income or investors looking for a high-return opportunity in a desirable Kailua location. Seller financing is available.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 9 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,740 SF
- Year built
- 1963
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Location Insight
- Alternative use
- Local Zoning Insight
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