$1,765,000

84-956 Hanalei Street, Waianae, HI 96792

Multi-Family Home
Built in 1936
0.46acre lot
—— car garage
$——/sqft
Listed 1 day ago

Property Description

ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Don’t miss this income-producing multi-unit property in Waianae generating $10,971/month in rental income with a solid 6.5% cap rate. Monthly expenses remain low with property taxes at just $304/month and combined water/electric averaging $1,100/month, creating excellent cash flow potential. 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 value and flexibility. This property is also CPR’able, offering potential for additional upside and exit strategies. Conveniently located near beaches, shopping, schools, and dining in Waianae, making it attractive to long-term tenants. Just minutes to Pokai Bay, Tamura’s Market, and local parks. Financing options include VA loan eligibility, making this a rare opportunity for both investors and owner-occupants. Strong income. Value-add potential. Multiple exit strategies. Secure your next investment today!

Listing Status:: Active
Date Added:: April 1, 2026
Data Last Updated:: April 2, 2026 at 7:26AM
Listing Office:: NextHome All Islands : (808) 489-0054
MLS ID:: 202606722

Laundry: In Unit

Parking: AssignedCoveredOpenParking spaces: 8

General: Single WallWood Frame1

Originating MLS: HICMLS
County: Oahu

Topography: Level
Zoning: 1-8-4-012-016-0000
View: Mountain(s)View

Utilities: Above Ground UtilitiesElectricity AvailableSewer AvailableWater AvailableSewer Connected
Water: Public
Sewer: Connected

Source: HICMLS

This listing courtesy of NextHome All Islands

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Makaha Elementary School

84-200 Ala Naauao Pl, Waianae, HI, 96792

Grades KG-6

0.45 miles away

Waianae Intermediate School

85-626 Farrington Hwy, Waianae, HI, 96792

Grades 7-8

1.38 miles away

Waianae High School

85-251 Farrington Hwy, Waianae, HI, 96792

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.