MAKAHA

$1,475,000

  • NEW MLS® #: 202614927
  • 84-916 Hanalei Street
  • Waianae, HI 96792

MAKAHA

$1,475,000

  • NEW MLS® #: 202614927
  • 84-916 Hanalei Street
  • Waianae, HI 96792
10 Beds
4 Baths
2,662 Sqft
.51 Acres
1938
Year Built
  • Overview 10 Beds, 4 Bath, 2662 SQ. Feet, 0.51 Acres
  • Listing Type Residential
  • Office: Asian Pacific Investments LLC

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!

Essential Information

MLS® #202614927
Price$1,475,000
Bedrooms10
Bathrooms4.00
Full Baths4
Square Footage2,662
Acres0.51
Year Built1938
TypeResidential
Sub-TypeSingle Family Residence
Land TenureFeeSimple
StyleDetached, Multiplex
StatusActive

Community Information

Address84-916 Hanalei Street
AreaLeeward
SubdivisionMAKAHA
CountyOahu
StateHI
Zip Code96792

Amenities

Parking Spaces8
ViewNone
PoolNone

Utilities

Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available

Parking

Carport, Three or more Spaces, On Street

Interior

StoriesOne

Exterior

ExteriorSingle Wall, Wood Frame
FrontageOther

School Information

ElementaryMakaha
MiddleWaianae
HighWaianae

Additional Information

Days on Market6
Description Land TenureFeeSimple

Listing Details

OfficeAsian Pacific Investments LLC
Office Contact(808) 200-4001
Please provide a valid email address.

Quick Details

This Single Family Residence is priced at $1,475,000 and located at 84-916 Hanalei Street, . With 10 Bedrooms and 4.00 Bathrooms, it offers a total of 2662 Square feet. This Residential was built in 1938 and its status is Active. This property is represented by Jared Miyamoto of Asian Pacific Investments LLC, Contact Number (808) 221-8849.

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Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on August 10th, 2026 at 6:50am HST. Information is deemed reliable but not guaranteed. Copyright: 2026 by the HiCentral MLS®, Ltd.

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