84-956 Hanalei Street, Waianae, HI 96792

Waianae
Local realty services provided by:Better Homes and Gardens Real Estate Refined
84-956 Hanalei Street,Waianae, HI 96792
$1,765,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: timothy j murray
Office: nexthome all islands
MLS#:202606722
Source:HI_HBR

Price summary

  • Price:$1,765,000

About this home

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...

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Home facts

  • Year built:1936
  • Listing ID #:202606722
  • Added:52 day(s) ago
  • Updated:May 24, 2026 at 11:59 AM

Structure and exterior

  • Year built:1936
  • Lot area:0.46 Acres
  • Lot Features:Level
  • Construction Materials:Single Wall, Wood Frame

Utilities

  • Water:Public
  • Sewer:Connected

Finances and disclosures

  • Price:$1,765,000
  • Tax amount:$3,648

Features and amenities

  • Laundry features:In Unit

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Covered, Open
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on May 24, 2026. Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. HI_HBR Member Broker: Eric Yamamoto

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