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84-916 Hanalei Street, 
Waianae, HI 96792

$1,600,000


Bed


Bath


2,662

Sq Ft


Multi-Family

Active

Listed by

Jared Miyamoto

Asian Pacific Investments LLC.

Last updated:

August 4, 2025, 02:40 AM

MLS#

202512790

Source:

HI HBR

About This Home

84-916 Hanalei Street

Rare Investment Opportunity – 4 Homes on R-5 Zoned Lot! Don't miss your chance to own this exceptional multi-family property featuring four detached single-family homes on one lot. Ideal for investors or multi-generational living! This property consists of 2 - 3 bedroom homes and 2 - 2 bedroom homes each with their own private fenced yards and dedicated parking. Tenants pay all utilities (water, sewer, gas and electric). This well-maintained property offers both stability and upside. Two of the homes have been recently renovated and are currently vacant, offering immediate rental potential. The two bedroom home is listed at $2,300/month and the 3 bedroom is listed at $3,000/month. Once these units are rented, the annual gross income would increase from $31,200 to $94,800. And there's still room for additional rental income on the occupied units, offering even greater return potential. Perfect for savvy investors seeking strong cash flow, multi-family compound buyers who want privacy and flexibility or 1031 exchange buyers looking for stable, appreciating assets. MLS listing does not match tax records.

Home Facts

Multi-Family

Built in 1938

Price Summary

1,600,000

$601 per Sq. Ft.

MLS #:

202512790

Last Updated:

August 4, 2025, 02:40 AM

Added:

2 day(s) ago


Structure

Structure

Building Area:

2,662 Sq. Ft.

Year Built:

1938


Lot

Lot Size (Sq. Ft):

22,000


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$601 per Sq. Ft.

Source:HI HBR
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on August 4, 2025. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
See this home in person
84-916 Hanalei Street
Attend an upcoming open house
Sun, Aug 10
02:00 PM05:00 PM

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.