$1,799,999

85-824 Lihue St Waianae, HI 96792

Estimated payment $10,128/month

Total Views 190
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 24,064 Sq Ft lot
  • 1-Story Property
  • 1-minute walk to Pililaau Community Park
  • Level Lot

About This Home

Great investment property. Four houses on over 1/2 acre lot. Five rental units. Convenient location. Next to public park and elementary school. Walking distance to shops, restaurants etc. Live on one unit and rent the other 4 units. Rental income should pay your mortgage. Potential for development. The numbers for rental income are projected. Recently remodeled. New electrical wiring on the main front house.

Listing Agent

Mike Tavepholjalern

Fogarty Realty, Inc. Brokerage Phone: (808) 955-5100 License #RS-28810 Listed on: 08/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1926

Lot Details

  • 0.55 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Parking

  • 10 Parking Spaces
  • Open Parking
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 1-8-5-012-047-0000

Community Details

Overview

  • 5 Units
  • Waianae Subdivision

Building Details

  • Operating Expense $18,810
  • Net Operating Income $106,590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,840

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Year Built: 1926
  • Attribution Contact: (808) 955-5100
  • CommunityFeatures: None
  • Road Frontage Type: Other
  • LaundryFeatures: In Unit
  • MLS Status: Active
  • Subdivision Name: WAIANAE
  • Unit Levels: One
  • Roof: Asphalt, Shingle
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Stories: 1

Exterior Features

  • Construction Type: Single Wall, Wood Frame
  • Lot Features: Cleared, Other, Level
  • Property Condition: Average Condition
  • Topography: Level
  • View: None
  • View: No
  • Disclosures: 1031 Exchange, Principal is Real Estate Licensed

Garage/Parking

  • Parking Features: Assigned, Open
  • Total Parking Spaces: 10.0
  • Open Parking: Yes

Utilities

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

Lot Info

  • Parcel Number: 1-8-5-012-047-0000
  • Zoning Description: 05 - R-5 Residential District

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 106590.0
  • Annual Operating Expense: 18810.0
  • Tenant Pays: Electricity
  • Total Actual Rent: 10450.0

Tax Info

  • Tax Annual Amount: 3840.0

Map

Range of Values:

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Sold Price
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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 $4,237 $1,326,000 $983,200 $342,800
2024 $4,237 $1,210,500 $983,200 $227,300
2023 $3,806 $1,087,400 $1,075,700 $11,700
2022 $3,715 $1,061,400 $890,700 $170,700
2021 $3,337 $953,300 $694,000 $259,300
2020 $3,132 $894,800 $670,900 $223,900
2019 $2,945 $841,400 $670,900 $170,500
2018 $2,504 $715,500 $670,900 $44,600
2017 $2,253 $643,600 $601,500 $42,100
2016 $2,034 $581,100 $451,100 $130,000
2015 $1,801 $514,700 $404,800 $109,900
2014 -- $531,200 $323,900 $207,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $1,799,999 0.0% --
05/10/2023 05/10/23 Off Market $3,000 -- --
05/01/2023 05/01/23 Rented $3,000 0.0% --
03/27/2023 03/27/23 For Rent $3,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $140,000 Credit Line Revolving
Previous Owner $250,000 Seller Take Back
Source: Public Records

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202518684

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-8-5-012-047-0000