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$1,999,000

For Sale

7 days ago

84-290 Makaha Valley Rd, Waianae, HI

House

MLS® 202610829

15 Bed

8 Bath

4384 sqft

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 4384 sqft
Garage 
Taxes $3,696
Days Active 7
Lot Size 
Approx. Age 1974
Avg. Price Per Sqft $455
MLS® Number 202610829

Property Address: 84-290 Makaha Valley Rd, Waianae, HI, 96792-5108

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9, 900 per month in rental income from three occupied units, with one additional vacant unit projected at $3, 600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13, 500 per month, or $162, 000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees and other fruit trees. Property is on cesspool. Near beaches, gas stations, bus lines. Tax records may not match, some unpermitted areas but original structures legal. Property to be sold AS IS.
MLS® Number202610829
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1974
Basement
DrivewayBoat, Carport, Three Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$1,999,000List Price
Aug 6, 2024End Date
$1,350,000Sold Price

Sold

Nov 26, 2024List Date
$1,399,000List Price
Mar 23, 2025End Date
$4,300Sold Price

Leased

Feb 3, 2025List Date
$4,300List Price
  • Commute

Commute

Starting Address
Destination Address
84-290 Makaha Valley Rd, Waianae, HI

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