Odawara 6LDK Akiya — ¥21.4M, Kamonomiya Station
A 1976-built 6LDK on 425.28 sqm of land in Odawara, Kanagawa, sold as-is at ¥21.4M.
This 1976-built 6LDK detached house is in Odawara, Kanagawa (source listing address: 神奈川県小田原市小八幡2). It sits on 425.28 sqm of land with a 175.05 sqm building and is sold as-is. Access, as stated on the source listing: JR Tokaido Main Line — Kamonomiya Station, 27 min walk (JR東海道本線「鴨宮」歩27分). For short-term-rental context we quote the Hakone area benchmark — 323 tracked listings, $291 average daily rate, 46.0% occupancy, $45,698 average annual revenue (AirROI 2025–2026). This property is in Odawara, roughly 10 km from Hakone, so treat those figures as a regional demand indicator for the surrounding market, not as this home's income.
Minpaku (short-term rental) status not confirmed. Verify with the municipal office and your agent before completing purchase. STR operation may be restricted to 180 days/yr or prohibited.
(conservative–optimistic)
(168 days avg)
(low–high investment)
Built in 1976, the building predates Japan's 1981 seismic code revision and is therefore a pre-1981 (old standard) structure, which affects insurance and financing options. Its condition is graded D and it is sold as-is, with a full gut renovation required before any use. No renovation work has been carried out.
Renovation estimate: ¥5.0M – ¥15.0M
Source: AirROI 2025–2026 · 323 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- Minpaku (STR) permit — Requires pre-purchase verification with municipal office
- Structural inspection — Not yet conducted. Recommend independent inspection (¥50k–¥100k) before purchase.
- Land rights: Confirm ownership vs. leasehold (借地権). Leasehold affects resale value and mortgage eligibility.
- Utilities: Verify water supply (public / well), sewage (公共下水 vs. 浄化槽), gas (city gas / propane — propane is 2–3× higher cost).
- Earthquake resistance: Built 1976 — pre-1981 seismic standard. Structural inspection critical.
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).