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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
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Coconut Grove Multi-Family Homes for sale

1 multi-family home for sale

$1.94m
Coconut Grove
703 Kihapai Place, Kailua
Multi-Family Home
$1,939,000
A2 zoned 6,000sq ft lot with two duplexes (4 units total, current total rental income $8,675 per month) just a few blocks away from Kailua town. Beautiful mountain views and Maunawilli stream frontage. Walking distance to shops and restaurants, easy access to the Pali Highway. Each unit is a 2bed/ 1bath. 4 electric meters, recently applied for permitting to upgrade all 4 electric meters to 100amp each. One water meter, recently upgraded all water supply lines to copper. The average rent per unit currently is approx $2,169/month. Some rents are below market value. Great tenants, all of them currently are on month-to-month leases and would love to stay. Current monthly expenses: $400 water, $75 yard service, $179 insurance. GE tax $390, property tax $436 per month. Zoning allows for a wide variety of development ideas with one of the lowest tax rates available in Hawaii. Sellers might do 1031 Exchange. Listor is a licensed real estate broker and one of the owners. Multiple tenants, please allow enough time to arrange it when scheduling a showing. Proof of funds/ pre-approval is requested before showing. Please do not disturb the tenants. Also listed in Single Family MLS#202421899.
1 – 1 of 1 homes for sale
  1. Hawaii
  2. Oahu
  3. Kailua
  4. Coconut Grove

Lifestyle & outdoors In Coconut Grove

5 surf spots in this area

Castles
Type: surfing
Flat Island - Popoia Island
Type: surfing
Flat Island, or Popoia Island is about a quarter mile off of Kailua beach boat ramp and beach park.
Sandies
Type: surfing
Sandy Beach
Type: body-surfing
Maunalua, Honolulu 1-5
Kailua Beach
Type: body-surfing
Kailua, Ko'olaupoko 1-3 3-5

11 parks in this area

North Kalaheo Avenue at Pueohala P

Kalaheo Neighborhood Park

North Kalaheo Avenue at Ainoni St.

North Kalaheo Avenue at Dune Stree

Kawai Nui Marsh

Kawai Nui Neighborhood Park

Kalama Beach Park

South Kalaheo at Kuuniu Street

Kailua District Park

doughnut

Ulu Po Heiau State Monument

4 beaches in this area

Kailua Beach

Kailua Beach

Unnamed beach

Unnamed beach

2 golf courses in this area

Unnamed golf

Bay View Golf Course

Essentials in Coconut Grove

Supermarket is about 16 min walk
Farmers market is about 20 min walk
Hospital is about 4 min drive
Airport is about 27 min drive
Costco is about 29 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Coconut Grove

13 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Schools nearby Coconut Grove

5 /10
GreatSchools.org
Rating
Kainalu Elementary School
165 Kaiholu St, Kailua, HI 96734
2 /10
GreatSchools.org
Rating
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
5 /10
GreatSchools.org
Rating
Kainalu Elementary School
165 Kaiholu St, Kailua, HI 96734
2 /10
GreatSchools.org
Rating
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
6 /10
GreatSchools.org
Rating
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
4 /10
GreatSchools.org
Rating
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
School ratings provided by Greatschools.org © 2023. All rights reserved.

Living in Coconut Grove Coconut Grove is a neighborhood in the Kailua district of Oahu.

Supermarkets are about 16 min walk, the nearest Hospital is about 4 min drive and the airport is about 27 min drive.

Coconut Grove is somewhat walkable.

There are 11 parks in this area, and 4 public beaches. Nearby lifestyles include surfing, body surfing and golf.

Housing Market Trends for Coconut Grove

There are currently 13 real estate listings for sale in Coconut Grove. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Coconut Grove for condos is $365,116 and for homes is $973,904. The median sales price for Coconut Grove over the last 90 days is $1,225,000, a 3% increase of $38,414 year over year. If we break this down per property types we see that the median sales price for homes is $1,287,500 and for condos $610,000.
The number of sales in the last 60 days are 4. The average days Coconut Grove properties stay on the market before being sold is 57 days.

Coconut Grove is a neighborhood located in the
Kailua
district on the island of
Oahu
.

Average Listing Price Coconut Grove for condos & homes

Median Sales Price Coconut Grove for condos & homes

Number Of Sales Coconut Grove for condos & homes

* information deemed reliable, but not guaranteed
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