Ad #7508241
MLS #202606722
ATTENTION INVESTORS - STRONG CASH FLOW OPPORTUNITY! Multi-unit
84-956 Hanalei St, Waianae, HI 96792
$1,765,000
--Beds
--Baths
--Sqft
--Acres
About this property
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!
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1936
0.000 Acres
1 Story
Open, Covered, Assigned
Siding: Single Wall, Wood Frame
$3,648 / yr property tax
Oahu County
MAKAHA Community
Additional Photos
Contact Information
Timothy J Murray
Kailua Realty LTD
808-489-0054
Location
Listing Agent: Timothy J Murray (License #: RB-24533) 808-489-0054
Broker: Kailua Realty LTD 808-263-6000 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Kailua Realty LTD 808-263-6000 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$1,765,000
--
Beds
--
Baths
--
Sqft
84-956 Hanalei St, Waianae, HI 96792
By contacting this agent you agree to these Terms and Conditions.
MLS# 202606722
ATTENTION INVESTORS - STRONG CASH FLOW OPPORTUNITY! Multi-unit
$1,765,000
84-956 Hanalei St, Waianae, HI 96792
--
Beds
--
Baths
--
Sqft
--
Acres
$1,765,000
84-956 Hanalei St, Waianae, HI 96792
-- Beds
-- Baths
-- Sqft
-- Acres
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!
131 days
on BeachHouse.com
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1936
0.000 Acres
1 Story
EXTERIOR
Open, Covered, Assigned
Siding: Single Wall, Wood Frame
FINANCIAL & COMMUNITY
$3,648 / yr property tax
Oahu County
MAKAHA Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7508241
Viewed
103 times
Listing Status
Active
Added
Apr 01, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
HiCentral MLS
Source Property ID
202606722
Listing Agent: Timothy J Murray (License #: RB-24533) 808-489-0054
Broker: Kailua Realty LTD 808-263-6000 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Kailua Realty LTD 808-263-6000 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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