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Single Family 10 bedroom $1,400,000 MLS:202614927

$ 1,400,000
Single Family in For Sale
84-916 Hanalei Street
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Rare investment opportunity featuring four detached single-family homes on an R-5 zoned lot. Ideal for investors, 1031 exchange buyers, or multi-generational living, this versatile property combines steady cash flow, privacy, and long-term value creation. The property includes two 3-bedroom and two 2-bedroom residences. Each home boasts its own private fenced yard and dedicated parking, providing tenants with single-family independence. Operating expenses remain exceptionally low as tenants pay all utilities—including water, sewer, gas, and electricity. Turnkey performance meets huge upside. Units A (3-bed) and B (2-bed) were renovated in 2025, commanding top-of-market rents. Currently operating at a 5.06% cap rate on $74,640 in annual income, bringing below-market units to prevailing rates unlocks an extra $15,600 annually, pushing the potential cap rate to 6.12%. Don’t miss this well-maintained, high-yield asset!

Address: 84-916 Hanalei Street
Zip: 96792
Country: アメリカ合衆国
Property Id : 256336
Price: $ 1,400,000
Property Size: 2,662 ft2
Bedrooms: 10
Bathrooms: 4
Half Bath: 0
MLS Number: 202614927
Property Type: Single Family
Partial Baths]: 0
Parking Total: 8
Area: Leeward
Country: Oahu
Status: For Sale
Parking Features: Carport, Three or more Spaces, On Street
Architectural Style: Detached, Multiplex
Construction Materials: Single Wall, Wood Frame
Property Condition: Average Condition, Updated/Remodeled
SqFt Roofed Living: 0
Year Built: 1938
View: None
Flooring: Other, Vinyl
Furnished: Unfurnished
Inclusions: Ceiling Fan,Water Heater
Elementary School: Makaha
High Schoo: Waianae
Middle Schoo: Waianae

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