$1,438,885 - $1,566,000
RENTED OCT 22, 2025

563 Wailepo St Unit 2 Kailua, HI 96734

2 Beds
1 Bath
576 Sq Ft
$2,644 Price per Sq Ft

Highlights

  • Garden View
  • End Unit
  • Card or Code Access
  • Kailua Intermediate School Rated A-
  • Stainless Steel Appliances
  • Bathroom on Main Level

About This Home

As of October 2025

Located in the heart of Kailua Town, this completely renovated 2-bedroom, 1-bath unit offers modern living in a vibrant community. The kitchen features quartz countertops and stainless-steel appliances, including a refrigerator, range, microwave, and dishwasher. The home includes luxury vinyl plank flooring, split A/C throughout, and a full-size private washer and dryer.

Enjoy convenient proximity to Kailua’s charming shops, cafes, restaurants, and nightlife. Whole Foods and other major retailers are nearby, and the world-famous Kailua Beach is just about a mile away. Marine Corps Base Hawaii is approximately 3 miles away, and Downtown Honolulu is 11 miles from the property.

This is a no-smoking, no-pets property. Tenant is responsible for all utilities, including water/sewer, electricity, cable, and internet. Please do not enter the gated property or disturb current tenants. Shown by appointment only.

Last Agent to Rent the Property

Tricia Gerum

Pacific Sands Property & Dev Brokerage Phone: (808) 265-7106 License #RB-22463 Listed on: 10/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,506

Year Built

  • Built in 1955

Lot Details

  • 7,000 Sq Ft Lot
  • End Unit
  • Property is Fully Fenced
  • Property is in excellent condition

Home Design

  • Duplex

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Vinyl Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Security Deposit $2,600
  • Property Available on 11/1/25
  • Tenant pays for application fee
  • 12 Month Lease Term
  • Assessor Parcel Number 1-4-3-058-026-0000

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • Coconut Grove Subdivision
  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,506

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-11-01

Listing Details

  • Architectural Style: Duplex
  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Year Built: 1955
  • Attribution Contact: (808) 265-7106
  • Fencing: Fenced
  • Road Frontage Type: Other
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Electric Range, Disposal, Oven, Range, Refrigerator, Washer
  • SecurityFeatures: Key Card Entry, Smoke Detector(s)
  • Pets Allowed: No
  • MLS Status: Closed
  • Subdivision Name: COCONUT GROVE
  • Interior Features: Bedroom on Main Level, Full Bath on Main Level, Pantry, Quartz Counters, Stainless Steel Appliances, Window Treatments
  • Unit Levels: One
  • Living Area: 576.0
  • Window Features: Drapes
  • Security Deposit: 2600.0
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Furnished: Partially
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1

Exterior Features

  • Property Condition: Excellent, Updated/Remodeled
  • View: Garden, Other
  • View: Yes
  • Disclosures: No Smoking
  • Common Walls: End Unit
  • Exterior Features: Fully Fenced

Garage/Parking

  • Parking Features: On Street

Utilities

  • Utilities: Trash Collection, Yard Maintenance

Lot Info

  • Parcel Number: 1-4-3-058-026-0000
  • Zoning Description: 12 - A-2 Medium Density Apartme

Multi Family

  • Tenant Pays: Application Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2012
Sold by
Gerum Eric Frank and Gerum Patricia Diana
Bought by
Kihapai Apartments Llc
Current Estimated Value
$1,522,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$388,043
Interest Rate
3.43%
Mortgage Type
Commercial
Estimated Equity
$1,134,919
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kihapai Apartments Llc $750,000 Tg
Gerum Eric Frank $750,000 Tg
Kihapai Apartments Llc $750,000 Tg
Gerum Eric Frank $750,000 Tg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerum Eric Frank $562,500
Closed Gerum Eric Frank $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2025 10/22/25 Rented $2,600 0.0% --
10/21/2025 10/21/25 For Rent $2,600 0.0% --
10/19/2025 10/19/25 Off Market $2,600 -- --
10/18/2025 10/18/25 For Rent $2,600 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,506 $1,853,600 $1,606,000 $247,600
2024 $5,506 $1,573,100 $1,496,500 $76,600
2023 $5,493 $1,569,500 $1,496,500 $73,000
2022 $5,476 $1,564,700 $1,496,500 $68,200
2021 $4,899 $1,399,800 $1,330,000 $69,800
2020 $4,669 $1,333,900 $1,260,000 $73,900
2019 $4,422 $1,263,400 $1,190,000 $73,400
2018 $3,182 $909,200 $840,000 $69,200
2017 $3,198 $913,700 $805,000 $108,700
2016 $3,117 $890,500 $784,000 $106,500
2015 $2,952 $843,500 $742,000 $101,500
2014 -- $819,500 $721,000 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202523834

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-4-3-058-026-0000