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Back 84-290 Makaha Valley Rd
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84-290 Makaha Valley Rd

Makaha HI 96792

15
8
10
4384 sq. ft.
43560 sq. ft.
Duplex
Currently for sale - view listing

Overview

Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9,900 per month in rental income from three occupied units, with one additional vacant unit projected at $3,600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13,500 per month, or $162,000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees and other fruit trees. Property is on cesspool. Near beaches, gas stations, bus lines. Tax records may not match, some unpermitted areas but original structures legal. Property to be sold AS IS.

Features

15 bedrooms
8 bathrooms
10 carspaces
4384 sq. ft. floor area
43560 sq. ft. lot size
Duplex

Property history for 84-290 Makaha Valley Rd

2025
Rented
Undisclosed
23 Mar 2025 by SC Realty, LLC
2024
Sold
$1,350,000
06 Aug 2024 by Fran Gendrano, of KFG Properties, Inc.

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Local market activity for 15 bedroom duplexes in Makaha

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