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  • $1,765,000

    84-956 Hanalei St, Waianae, HI 96792

    --beds
    0baths
    --sqft
    : 
    $10,374/mo
    Get pre-qualified
    Multi Family
    Built in 1936
    -- sqft lot
    $1,698,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Multi-unit income-producing property in Waianae generating $11,271/month in rental income with a current 6.9% CAP rate and potential to increase to 8%. The 4-bedroom unit is currently rented at $2,500/month, while 2026 City & County Section 8 guidelines show potential rents up to $3,997/month. Monthly expenses remain low with property taxes at approximately $304/month and combined water/electric averaging about $1,100/month. Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future flexibility and value. Property is also CPR-able, creating additional upside and multiple exit strategies. Conveniently located near beaches, shopping, schools, parks, and dining, including Pokai Bay and Tamura’s Market, making it attractive for long-term tenants and owner-occupants alike. VA financing may be possible. Strong income. Value-add potential. Multiple exit strategies. Don’t miss this opportunity!
    116 days
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    46
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Timothy J Murray 808-489-0054,

    NextHome All Islands

    Source: HiCentral MLS,MLS#: 202606722MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Appliances
      • Laundry: In Unit

      Property

      Parking
      • Total spaces: 8
      • Parking features: Assigned, Covered, Open
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Features: Other, Level
      • Topography: Level
      Details
      • Parcel number: 1840120160000
      • Zoning description: 05 - R-5 Residential District
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Single Wall, Wood Frame
      Condition
      • Average Condition
      • Year built: 1936
      • Major remodel year: 1946

      Utilities & green energy

      • Sewer: Connected
      • Water: Public
      • Utilities for property: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Makaha
      Location
      • Region: Waianae

      Financial & listing details

      • Tax assessed value: $1,057,700
      • Annual tax amount: $3,648
      • Date on market: 4/1/2026
      • Total actual rent: 11271
      • Tenant pays: Cable TV

        Estimated market value

        $1,698,000

        $1.61M - $1.78M

        $2,069/mo

        Price history

        DateEventPrice
        4/2/2026Listed for sale$1,765,000+42.3%
        Source: HiCentral MLS #202606722 Report a problem
        6/4/2025Sold$1,240,000-11.1%
        Source: HiCentral MLS #202419403 Report a problem
        2/5/2025Contingent$1,395,000
        Source: HiCentral MLS #202419403 Report a problem
        2/3/2025Price change$1,395,000+7.7%
        Source: HiCentral MLS #202419403 Report a problem
        11/13/2024Price change$1,295,000-7.2%
        Source: HiCentral MLS #202419403 Report a problem
        9/4/2024Listed for sale$1,395,000+55%
        Source: HiCentral MLS #202419403 Report a problem
        2/9/2018Sold$900,000+5.9%
        Source: Public Record Report a problem
        12/6/2017Listed for sale$850,000+25%
        Source: Coldwell Banker Pacific Prop. #201725245 Report a problem
        7/27/2006Sold$680,000+130.8%
        Source: Public Record Report a problem
        1/30/2004Sold$294,600
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,057,700 +1.5%
        2024$3,648 -1.7%$1,042,300 -1.7%
        2023$3,710 +19.6%$1,060,100 +19.6%
        2022$3,103 +27.2%$886,600 +27.2%
        2021$2,440 -1.1%$697,200 -1.1%
        2020$2,468 +8.1%$705,000 +8.1%
        2019$2,282 -1.3%$651,900 -1.3%
        2018$2,311 -4.6%$660,200 -4.6%
        2017$2,422 +19.2%$691,900 +19.2%
        2016$2,031 +0.5%$580,400 +0.5%
        2015$2,021 $577,300 +14.9%
        2014-- $502,500
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 96792

        Getting around

        30 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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