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718 Kamuela Ave 8 Unit Apartment Building $3,645,658 CAD ($455,707 CAD/Unit) 6.20% Cap Rate Honolulu, HI 96815

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Investment Highlights

  • Fully-renovated in 2025 with 8 units in 2 buildings
  • Separately metered electric & gas, individual washers, each unit has lanai or yard
  • Kapahulu neighborhood abundant in amenities and low in vacancy
  • Ample parking

Executive Summary

Contact co-lister Pauline Michelman (808) 454-3438 or pauline@collectivehawaii.com for info or showing requests. Attractive Income - Seize an opportunity to own this 2025 fully renovated multi-family property in Kapahulu, a neighborhood abundant in amenities commanding low vacancy rates. Ample parking for 8 units, each with a private yard or lanai. Five 1-BD/1-BA units are divided between two buildings on the ground floor. On the upper levels, you’ll find two 2-BD/1-BA units at the rear building, and the 3-BD/2-BA unit at the front building. Brand new appliances including fridge, stove/oven, and microwave hood, plus washer for each unit. Tenant pays parking, and separately metered electric & gas. Proximity to Waikiki, UH Manoa and other highlights, this location is highly rated for walkability & bus routes. Parking includes 4-car tandem parking in carport, tandem spaces on driveway, and frontage pad parking for 2 vehicles.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,645,658 CAD
Price Per Unit $455,707 CAD
Sale Type Investment
Cap Rate 6.20%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,240 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1950/2025
Parking Ratio 1.42/1,000 SF
Zoning A-2

Amenities

  • Smoke Detector

Unit Amenities

  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Yard
  • Deck
  • Double Pane Windows
  • Island Kitchen
  • Lawn
  • Patio
  • Porch
  • Vinyl Flooring

Site Amenities

  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 - -
2+1 2 - -
1+1 5 - -
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
1-2-7-034-039-0000
Land Assessment
$2,190,115 CAD
Improvements Assessment
$185,412 CAD
Total Assessment
$2,375,527 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 37687816

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 718 Kamuela Ave, Honolulu, HI 96815

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