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For sale
  • Price cut: $74K (1/6)
    $1,325,000

    4906 Aliali Rd, Kapaa, HI 96746

    4beds
    2,864sqft
    : 
    Single Family Residence
    Built in 1973
    8,873 Square Feet Lot
    $1,324,400 Zestimate®
    $463/sqft
    $-- HOA

    What's special

    RARE TRI-PLEX INCOME PROPERTY! Hard-working rental property + detached shop / garage. Do the math: TWO separate 1 bedroom apartments downstairs + a 3 bedroom / 2 bathroom apartment upstairs + 3 electric meters + 2 laundry centers + over-sized septic system = steady, easy income! Just over $7000 / month, not including the shop. Rent Roll available. Rent all 3 units OR live in one and rent the other 2. You've got options. Maintained in very good condition, home had a new roof and gutters in 2018. One unit just welcomed a new Tenant and other 2 Tenants have lived here for years, so would love to stay. Built-in income on the day of closing. Detached 21' X 28' shop / garage is 588 square feet of enviable man cave / she shed / workshop / hobby room. What could you do with that? It has it's own electric meter and outdoor shower. Ultra-convenient location is a short walk or easy flat-land bike ride to the beach, Kapaa Town, schools, churches, Chicken In A Barrel, and other restaurants! Kauai is so amazing, lots of people want to live here, so its not easy to find a property on the island that pencils out.
    32 days
    |
    894
    |
    17
    |

    Zillow last checked: 8 hours ago

    Listing updated: January 06, 2026 at 05:30am

    Listed by:

    Jimmy Johnson 8086399675,

    RE/MAX Kauai - Princeville Office

    Source: Hawaii Information Service,MLS#: 726044MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Features
    • Flooring: Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 2,864
    • Total interior livable area: 2,864 sqft

    Property

    Parking
    • Parking features: Unassigned
    Features
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 8,873 Square Feet
    • Features: Grassy
    • Topography: Gentle Slope
    Details
    • Parcel number: 4460340250000
    • Zoning: R-6
    • Special conditions: Fee Simple,Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available

    Community & HOA

    Community
    • Subdivision: KAPAA HOMESTEADS 4TH SERIES
    Location
    • Region: Kapaa

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $1,062,500
    • Annual tax amount: $6,126
    • Date on market: 12/12/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,Open,USDA Loan,VA Loan
    • Ownership: Full
    • Electric utility on property: Yes
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    $1,324,400

    $1.26M - $1.39M

    $4,818/mo

    Price history

    Price history
    DateEventPrice
    1/6/2026Price change$1,325,000-5.3%$463/sqft
    Source: Hawaii Information Service #726044 Report a problem
    12/12/2025Price change$1,399,000+3.7%$488/sqft
    Source: Hawaii Information Service #726044 Report a problem
    4/12/2025Price change$1,349,000-0.1%$471/sqft
    Source: Hawaii Information Service #716982 Report a problem
    3/24/2025Price change$1,350,000-0.4%$471/sqft
    Source: Hawaii Information Service #716982 Report a problem
    3/20/2025Price change$1,355,000-0.4%$473/sqft
    Source: Hawaii Information Service #716982 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$6,127 -0.2%$1,062,500 -0.2%
    2024$6,136 +8.8%$1,064,200 +9.4%
    2023$5,638 +3.1%$972,800 +14.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $7,418/mo
    Principal & interest
    $6700
    Home insurance
    $464
    Property taxes
    $254

      Climate risks

      Neighborhood: 96746

      Nearby schools

      GreatSchools rating

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