USAHIKailua KonaLono - Kona Subdivision75-190 Alakai St

75-190 Alakai St, Kailua Kona, HI

Name: 75-190 Alakai St, For Sale in Kailua Kona - eXp Realty
Brand: Coldwell Banker Island Properties - Kona
SKU: 731426
Price: 950000 USD

House

For Sale

Listed price in listed location currency (USD).

$950,000

450

MLS® 731426

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2170 sqft

Garage

Taxes $7,630

Days Active 10

Lot Size 7700 SF

Approx. Age 1970

Avg. Price Per Sqft $437

MLS® Number 731426

Property Address: 75-190 Alakai St, Kailua Kona, HI, 96740-1874

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity at 75-190 Alakai St. A Multi-Unit Property with Strong Rental Income & Value-Add Potential! Opportunity awaits with this income-producing multi-unit property in the heart of Kailua-Kona. Currently generating $7, 250 per month ($87, 000 annually) in rental income, this property offers immediate cash flow while providing significant upside for investors, contractors, or owner-occupants looking to increase value through renovations and improvements. The current layout includes: Upper Front Unit: 2 bedroom / 1 bathroom with kitchen and living area Upper Rear Unit: 1 bedroom / 1 bathroom with kitchen and living area Lower Unit: 1 bedroom / 1 bathroom Additional Rental Space: Separate room currently rented, plus five storage rooms and an additional bathroom offering flexibility for storage or other potential uses (buyers to conduct their own due diligence regarding permitted use). One of the property's biggest advantages is its generous lot with the potential to create additional off-street parking—an attractive feature that can add convenience and increase long-term value. Conveniently located just minutes from Historic Kailua Village, restaurants, shopping, grocery stores, schools, medical facilities, and the Kona waterfront, the property also offers quick access to Alii Drive, beaches, snorkeling, fishing, and outdoor recreation. Its central location makes it desirable for long-term tenants seeking easy access to employment, services, and everyday amenities. Whether you're looking to renovate and maximize rental income, build equity through improvements, or occupy one unit while generating income from the others, this property offers exceptional flexibility and investment potential in one of Kona's most convenient locations. Bring your vision and unlock the possibilities this rare multi-unit opportunity has to offer.

MLS® Number731426

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1970

Basement

DrivewayOther

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 22, 2026List Date

$950,000List Price

Commute

Commute

Starting Address

Destination Address

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