Hawaii Living

713 Menehune Lane (Kapiolani)

1 / 1
Photo 1 of 713 Menehune Lane, Honolulu
713 Menehune Lane, Honolulu
Selling or Buying in Kapiolani?
Call agent (808) 343-5000 or send a message using the form below.
We are expert real estate agents who know Kapiolani very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
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.
Past Activity
  • Aug 25, 2025 Sold for $1,612,500
  • Jun 02, 2025 Under Contract
  • May 16, 2025 Listed at $1,595,000
More Details
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
Other Kapiolani Homes
$1,350,000
1867 Kapiolani Blvd
5 Bds | 3 Ba
1,935 ft²
$1,350,000
1867 Kapiolani Blvd#A
5 Bds | 3 Ba
1,911 ft²
$1,250,000
1867 Kapiolani Blvd#B
3 Bds | 3 Ba
1,376 ft²
$1,200,000
2705 Kaaha St
3 Bds | 2.5 Ba
1,402 ft²
Other Honolulu Homes
Manoa
$1,598,000
3602 Alani Dr
4 Bds | 2 Ba
1,534 ft²
Waialae Nui
$1,599,000
1630 Kalaniiki St#31
4 Bds | 2.5 Ba
1,904 ft²
Makiki
$1,599,000
2316 Round Top Dr
3 Bds | 2.5 Ba
2,016 ft²
Makiki
$1,599,000
1729 Keeaumoku St#B
5 Bds | 3 Ba
1,696 ft²
St. Louis Heights
$1,599,000
1523 St Louis Dr
4 Bds | 4 Ba
1,194 ft²
Nuuanu
$1,599,999
1940 Pacific Hts Rd
10 Bds | 5 Ba
2,304 ft²
  • Sold 8/25/25 at $1,612,500
    (List Price: $1,595,000)
Description
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.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on December 06, 2025.Information is deemed reliable but not guaranteed.
    • Aug 25, 2025 Sold for $1,612,500
    • Jun 02, 2025 Under Contract
    • May 16, 2025 Listed at $1,595,000
    Other Kapiolani Homes
    $1,350,000
    1867 Kapiolani Blvd
    5 Bds | 3 Ba
    1,935 ft²
    $1,350,000
    1867 Kapiolani Blvd#A
    5 Bds | 3 Ba
    1,911 ft²
    $1,250,000
    1867 Kapiolani Blvd#B
    3 Bds | 3 Ba
    1,376 ft²
    $1,200,000
    2705 Kaaha St
    3 Bds | 2.5 Ba
    1,402 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.