New Listing!

255 Maluniu Ave – $1,150,000 (FS)

$1,150,000 – Fee Simple
2 buildings / 3 units — 4 bedrooms, 3 bathrooms



INVESTORS! Two beautifully renovated homes on level, corner lot centrally located in Coconut Grove. Building 1: 2/1, with 1/1 efficiency; Building 2 (built 1988): 1/1 – all units occupied (mo-to-mo). Buildings are separately metered; each with own W/D. Large storage building separates two homes. Complete renovation in 2017 and 2018 includes new paint, new vinyl plank flooring, new kitchen cabinets, quartz counters and appliances, new bathrooms. Lot and Floor Plan

Central Kailua Coconut Grove location – minutes walk to farmer’s markets, a few short blocks to the beach, easy access to Pali or Kam Highways. Close to Marine Corps Base Hawaii, and scenic drive over the H3 to Joint Pearl Harbor Hickam, Camp Smith or Fort Shafter.

Shown by appointment only. Please do not disturb occupants. Property includes basic home warranty. Contact Kasandra Shriver (RB-22606), HomeQuest, Realtors LLC, to schedule showing. (808) 221-8904 or kasandra @ kasandrashriver.com.


  • 2BR/1BA – 749 square feet. Rented for $2,400 / month. Current tenant on month-to-month rental agreement.
  • 1BR/1BA – 256 square feet. Rented for $1,495 / month. Incoming tenant on month-to-month rental agreement.
  • 1BR/1BA – 442 square feet. Rented for $1,995 / month. Current tenant on month-to-month rental agreement. (This unit is separately metered).
  • 100 square foot storage room. Rented for $200 / month. Current tenant on month-to-month rental agreement.

2018 Income: $56,097
2018 Expenses: $9,453 (does not include mortgage or property taxes)