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$1,475,000

For Sale

9 days ago

84-916 Hanalei St, Waianae, HI

House

MLS® 202614927

10 Bed

4 Bath

2662 sqft

8 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2662 sqft
Garage 
Taxes $4,032
Days Active 9
Lot Size 22000
Approx. Age 1938
Avg. Price Per Sqft $554
MLS® Number 202614927

Property Address: 84-916 Hanalei St, Waianae, HI, 96792-2271

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

Description

Rare investment opportunity featuring four detached single-family homes on an R-5 zoned lot. Ideal for investors, 1031 exchange buyers, or multi-generational living, this versatile property combines steady cash flow, privacy, and long-term value creation. The property includes two 3-bedroom and two 2-bedroom residences. Each home boasts its own private fenced yard and dedicated parking, providing tenants with single-family independence. Operating expenses remain exceptionally low as tenants pay all utilities—including water, sewer, gas, and electricity. Turnkey performance meets huge upside. Units A (3-bed) and B (2-bed) were renovated in 2025, commanding top-of-market rents. Currently operating at a 5.06% cap rate on $74, 640 in annual income, bringing below-market units to prevailing rates unlocks an extra $15, 600 annually, pushing the potential cap rate to 6.12%. Don't miss this well-maintained, high-yield asset!
MLS® Number202614927
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1938
Basement
DrivewayCarport, Three Or More Spaces, On Street
Garage Spaces
Heat
A/C

Extras

Ceiling Fan, Water Heater

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2026List Date
$1,475,000List Price
-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
84-916 Hanalei St, Waianae, HI

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