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  • $1,999,000

    84-290 Makaha Valley Rd, Waianae, HI 96792

    15beds
    4,384sqft
    : 
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    Duplex
    Built in 1974
    -- sqft lot
    $1,989,100 Zestimate®
    $456/sqft
    $-- HOA

    What's special

    Lots of parkingDetached single bedroomOne-bedroom cottage
    Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9,900 per month in rental income from three occupied units, with one additional vacant unit projected at $3,600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13,500 per month, or $162,000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees and other fruit trees. Property is on cesspool. Near beaches, gas stations, bus lines. Tax records may not match, some unpermitted areas but original structures legal. Property to be sold AS IS.
    10 days
    |
    129
    |
    9
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Vai Lan Lau 808-384-6768,

    SC Realty, LLC

    Source: HiCentral MLS,MLS#: 202610829MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Features
      • Flooring: Vinyl
      Interior area
      • Total structure area: 4,384
      • Total interior livable area: 4,384 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Boat, Carport, Three or more Spaces
      • Has carport: Yes
      Features
      • Levels: One,Two
      • Stories: 1
      • Pool features: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Features: Interior Lot, Other, Level
      • Topography: Level
      Details
      • Parcel number: 1840210600000
      • Zoning description: 56 - Country District
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage,Detached,Multiplex,Duplex
      • Property subtype: Duplex
      Materials
      • Hollow Tile, Single Wall, Wood Frame
      Condition
      • Good Condition,Updated/Remodeled
      • New construction: No
      • Year built: 1974
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Cesspool
      • Water: Public
      • Utilities for property: Cable Available, High Speed Internet Available, Phone Available, Water Available

      Community & HOA

      Community
      • Features: Deck/Porch, Patio
      • Subdivision: Makaha
      Location
      • Region: Waianae

      Financial & listing details

      • Price per square foot: $456/sqft
      • Tax assessed value: $1,063,700
      • Annual tax amount: $3,696
      • Date on market: 6/3/2026
      • Inclusions: AC Window Unit, Ceiling Fan, Dryer, Microwave Hood, Photovoltaic – Leased, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer
      • Total actual rent: 9900

        Estimated market value

        $1,989,100

        $1.89M - $2.09M

        $2,683/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$1,999,000+48.1%$456/sqft
        Source: HiCentral MLS #202610829 Report a problem
        4/11/2026Listing removed$2,000
        Source: Zillow Rentals Report a problem
        3/31/2026Listed for rent$2,000-53.5%
        Source: Zillow Rentals Report a problem
        3/20/2025Listing removed$4,300$1/sqft
        Source: Zillow Rentals Report a problem
        3/12/2025Price change$4,300-4.4%$1/sqft
        Source: Zillow Rentals Report a problem
        2/3/2025Listed for rent$4,500$1/sqft
        Source: Zillow Rentals Report a problem
        8/6/2024Sold$1,350,000-3.5%$308/sqft
        Source: HiCentral MLS #202403306 Report a problem
        5/13/2024Contingent$1,399,000$319/sqft
        Source: HiCentral MLS #202403306 Report a problem
        4/13/2024Listed for sale$1,399,000$319/sqft
        Source: HiCentral MLS #202403306 Report a problem
        2/27/2024Listing removed$1,399,000$319/sqft
        Source: HiCentral MLS #202403306 Report a problem
        2/23/2024Listed for sale$1,399,000+49%$319/sqft
        Source: HiCentral MLS #202403306 Report a problem
        7/1/2018Listing removed$939,000$214/sqft
        Source: KFG Properties, Inc. #201809125 Report a problem
        4/12/2018Listed for sale$939,000$214/sqft
        Source: KFG Properties, Inc. #201809125 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,700 +24.3%$1,177,200 +16.5%
        2024$2,976 -30.6%$1,010,200 -25.9%
        2023$4,285 +20.5%$1,364,200 +18.1%
        2022$3,555 +10.8%$1,155,600 +9.3%
        2021$3,210 +8.4%$1,057,000 +7.2%
        2020$2,961 +23.1%$986,000 +22.2%
        2019$2,405 -1.9%$807,200 -1.6%
        2018$2,452 +2.2%$820,600 +1.8%
        2017$2,400 -2.5%$805,800 -2.2%
        2016$2,463 +18.8%$823,600 +15.6%
        2015$2,074 $712,500 -7.7%
        2014-- $771,800 +5%
        2013-- $734,800 +6.7%
        2012-- $688,900 -22.5%
        2009-- $888,500 +30.6%
        2006-- $680,200 +79.4%
        2004-- $379,100 +19.6%
        2003$791 -20.3%$317,000 +46.2%
        2002$992 $216,800 -39.6%
        1999-- $359,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 96792

          Getting around

          34 / 100
          Car-Dependent
          32 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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