PRICE ADJUSTMENT! RARE 4-PERMITTED-UNIT INVESTMENT OPPORTUNITY IN MAKAHA! Situated on approximately 1 acre, this unique income-producing property features 4 permitted residential units, all extensively renovated, offering a turnkey opportunity for investors, multi-generational living, or an owner-occupant seeking rental income.
Approximately 4,384 SQ FT, 15 bedrooms, 7.5 bathrooms, and parking for approximately 14+ vehicles. Currently generating approximately $9,900/month, with projected gross rental income of approximately $13,500/month ($162,000/year) when fully occupied.
Four permitted units + 1 acre + extensive renovations + strong income potential - a rare combination on Oahu. Must see to appreciate the value and possibilities this property offers!
Active
Price cut: $104K (8/26)
$1,895,000
84-290 Makaha Valley Rd, Waianae, HI 96792
15beds
4,384sqft
Duplex
Built in 1974
-- sqft lot
$1,811,200 Zestimate®
$432/sqft
$-- HOA
What's special
Extensively renovated
- 104 days
- 211
- 13
Zillow last checked:
Listing updated:
Listed by:
Vai Lan Lau 808-384-6768,
SC Realty, LLC
Source: HiCentral MLS,MLS#: 202610829
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: 15
- 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: $432/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
$1,811,200
$1.72M - $1.90M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $1,895,000-5.2%$432/sqft |
Source:  HiCentral MLS #202610829 Report a problem | ||
| 6/4/2026 | Listed for sale | $1,999,000+48.1%$456/sqft |
Source: HiCentral MLS #202610829 Report a problem | ||
| 4/11/2026 | Listing removed | $2,000 |
Source: Zillow Rentals Report a problem | ||
| 3/31/2026 | Listed for rent | $2,000-53.5% |
Source: Zillow Rentals Report a problem | ||
| 3/20/2025 | Listing removed | $4,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/12/2025 | Price change | $4,300-4.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/3/2025 | Listed for rent | $4,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/6/2024 | Sold | $1,350,000-3.5%$308/sqft |
Source: HiCentral MLS #202403306 Report a problem | ||
| 5/13/2024 | Contingent | $1,399,000$319/sqft |
Source: HiCentral MLS #202403306 Report a problem | ||
| 4/13/2024 | Listed for sale | $1,399,000$319/sqft |
Source: HiCentral MLS #202403306 Report a problem | ||
| 2/27/2024 | Listing removed | $1,399,000$319/sqft |
Source: HiCentral MLS #202403306 Report a problem | ||
| 2/23/2024 | Listed for sale | $1,399,000+49%$319/sqft |
Source: HiCentral MLS #202403306 Report a problem | ||
| 7/1/2018 | Listing removed | $939,000$214/sqft |
Source: KFG Properties, Inc. #201809125 Report a problem | ||
| 4/12/2018 | Listed for sale | $939,000$214/sqft |
Source: KFG Properties, Inc. #201809125 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,303 -10.7% | $1,063,700 -9.6% |
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 96792
- $3,6005 bd2 ba1.4k sqft84-290 Makaha Valley Rd #A, Waianae, HI 96792For Rent
- $3,6005 bd2 ba1.4k sqft84-290 Makaha Valley Rd #B, Waianae, HI 96792For Rent
- $886,2004 bd4 ba3.2k sqft84-1168 Kaulaili Rd, Waianae, HI 96792Off Market
- $673,2003 bd2 ba1k sqft84-304 Makaha Valley Rd, Waianae, HI 96792Off Market
