Unlock the potential of this income-producing investment property featuring four single-family homes on one parcel. With three of the four homes occupied by long-term tenants, this property offers immediate rental income while providing the opportunity to add value.
Built in 1990, the homes are ready for updates and improvements, making this an ideal opportunity for investors seeking a value-add asset with income potential. The vacant fourth home presents additional flexibility for renovation, a new tenant, or owner occupancy.
Whether you're looking to expand your rental portfolio, generate steady cash flow, or capitalize on a unique multi-home investment, properties like this are rarely available. An ideal opportunity for both seasoned and first-time investors.
Showings are by appointment only. Please do not disturb the tenants.
For sale
$1,200,000
36-2319 Puualaea Homestead Rd #A, Laupahoehoe, HI 96764
12beds
4,224sqft
Multi Family
Built in 1990
-- sqft lot
$1,158,400 Zestimate®
$284/sqft
$-- HOA
What's special
- 43 days |
- 650 |
- 68 |
Zillow last checked:
Listing updated:
Listed by:
Charlotte K. Kekela 8086408982,
eXp Realty
Source: Hawaii Information Service,MLS#: 728314
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Features
- Flooring: Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,224
- Total interior livable area: 4,224 sqft
Video & virtual tour
Property
Parking
- Parking features: Covered, Unassigned
Lot
- Size: 1.55 Acres
Details
- Parcel number: 3360070150000
- Zoning: RS-15
- Special conditions: Fee Simple,Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Cesspool
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: MANOWAIOPAE HOMESTEADS
Location
- Region: Laupahoehoe
Financial & listing details
- Price per square foot: $284/sqft
- Tax assessed value: $873,300
- Annual tax amount: $5,196
- Date on market: 7/8/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Ownership: Full
- Electric utility on property: Yes
Estimated market value
Zestimate®
$1,158,400
Estimated sales range
$1.10M - $1.22M
Rent Zestimate®
$2,802/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $1,200,000$284/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $873,300 +3% |
| 2024 | $5,045 -0.3% | $847,900 +3% |
| 2023 | $5,063 +3% | $823,200 +3% |
| 2022 | $4,915 +3% | $799,200 +3% |
| 2021 | $4,772 +3% | $775,900 +3% |
| 2020 | $4,633 | $753,300 +3% |
| 2019 | -- | $731,400 +1.7% |
| 2018 | -- | $719,200 +4.3% |
| 2017 | -- | $689,400 +3% |
| 2016 | -- | $669,300 +3% |
| 2015 | -- | $649,800 +0.9% |
| 2014 | -- | $644,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 96764
Nearby schools
GreatSchools rating
- 3/10Laupahoehoe High & Elementary SchoolGrades: PK-12Distance: 0.6 mi
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