$1,550,000
UNDER CONTRACT $50K PRICE DROP

84-916 Hanalei St Waianae, HI 96792

Estimated payment $8,470/month

Total Views 2,171
-- Bed
-- Bath
2,662 Sq Ft
$582 Price per Sq Ft

Highlights

  • 22,000 Sq Ft lot
  • Level Lot
  • 1-Story Property

About This Home

Rare Investment Opportunity – 4 Homes on R-5 Zoned Lot! Don't miss your chance to own this exceptional multi-family property featuring four detached single-family homes on one lot. Ideal for investors or multi-generational living! This property consists of 2 - 3 bedroom homes and 2 - 2 bedroom homes each with their own private fenced yards and dedicated parking. Tenants pay all utilities (water, sewer, gas and electric). This well-maintained property offers both stability and upside. Unit #A which is a 3 - bedroom home has been recently renovated, offering immediate rental potential. This home is currently listed at $3,000/month. Once this unit is rented, the annual gross income would increase from $31,200 to $94,800. And there's still room for additional rental income on the occupied units, offering even greater return potential. Perfect for savvy investors seeking strong cash flow, multi-family compound buyers who want privacy and flexibility or 1031 exchange buyers looking for stable, appreciating assets. MLS listing does not match tax records.

Listing Agent

Jared Miyamoto

Asian Pacific Investments LLC Brokerage Phone: (808) 200-4001 License #RS-71361 Listed on: 08/03/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,080

Year Built

  • Built in 1938

Lot Details

  • 0.51 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Parking

  • 5 Parking Spaces
  • Assigned Parking

Community Details

  • 4 Units
  • Makaha Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-8-4-015-003-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,080

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1938
  • Attribution Contact: (808) 200-4001
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Active Under Contract
  • Subdivision Name: MAKAHA
  • Unit Levels: One
  • Roof: Asphalt, Shingle
  • Tax Year: 2024
  • Special Features: UnderContract

Interior Features

  • Furnished: Unfurnished
  • Stories: 1

Exterior Features

  • Construction Type: Double Wall, Single Wall, Wood Frame
  • Lot Features: Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: Call Agent, Principal is Real Estate Licensed, Seller Disclosure, See Remarks

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 5.0

Utilities

  • Utilities: Above Ground Utilities, Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected
  • Sewer: Connected
  • Water Source: Public

Lot Info

  • Parcel Number: 1-8-4-015-003-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 4
  • Tenant Pays: Air Conditioning, Cable TV, Electricity, Gas, Other, Water
  • Total Actual Rent: 2600.0

Tax Info

  • Tax Annual Amount: 4080.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,079 $1,154,700 $1,025,300 $129,400
2024 $4,079 $1,165,400 $1,025,300 $140,100
2023 $3,736 $1,067,500 $1,025,300 $42,200
2022 $3,374 $963,900 $837,900 $126,000
2021 $2,942 $840,500 $650,500 $190,000
2020 $2,807 $801,900 $584,300 $217,600
2019 $2,539 $710,500 $628,400 $82,100
2018 $2,539 $725,500 $551,300 $174,200
2017 $2,625 $749,900 $540,200 $209,700
2016 $2,273 $649,300 $430,000 $219,300
2015 $2,200 $628,600 $374,900 $253,700
2014 -- $586,300 $308,700 $277,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Price Changed $1,550,000 -3.1% $582 / Sq Ft
08/03/2025 08/03/25 For Sale $1,600,000 +82.9% $601 / Sq Ft
04/12/2018 04/12/18 Sold $875,000 +2.9% $686 / Sq Ft View Prior Sale
03/13/2018 03/13/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $850,000 0.0% $666 / Sq Ft
04/17/2017 04/17/17 Rented $1,500 0.0% --
04/17/2017 04/17/17 For Rent $1,500 +25.0% --
03/17/2016 03/17/16 Rented $1,200 0.0% --
03/17/2016 03/17/16 For Rent $1,200 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $875,000 Fam
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 Purchase Money Mortgage
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202512790

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-8-4-015-003-0000