75-190 Alakai St, Kailua Kona, HI 96740

Kailua Kona
Local realty services provided by:Better Homes and Gardens Real Estate Hank Correa Realty
75-190 Alakai St,Kailua Kona, HI 96740
$950,000
  • 4 Beds
  • 5 Baths
  • 2,170 sq. ft.
  • Multi-family
  • Active
Listed by: kurtis s becker, tinei makaiau
Office: coldwell banker island properties - kona
MLS#:731426
Source:HI_HIS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$437.79

About this home

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 areaUpper Rear Unit: 1 bedroom / 1 bathroom with kitchen and living areaLower Unit: 1 bedroom / 1 bathroomAdditional 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...

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Home facts

  • Year built:1970
  • Subdivision & Development:LONO - KONA SUBDIVISION
  • Listing ID #:731426
  • Added:92 day(s) ago
  • Updated:September 29, 2026 at 12:24 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:5
  • Full bathrooms:3
  • Flooring:Ceramic Tile, Vinyl
  • Living area:2,170 sq. ft.

Structure and exterior

  • Year built:1970
  • Building area:2,170 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$437.79
  • Tax amount:$7,630 (2025)
Listing information © 2021 MLS Hawaii, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants or the MLS from liability.

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