Two-Story Family Home with
15-1485 POST OFFICE RD Pahoa, HI 96778
15-1485 POST OFFICE RD, Pahoa, HI, 96778
$775,000
For Sale
$775,000
MULTI_FAMILY - Pahoa, HI
Property Size4,602 SF
Lot Size0.50 Acres
Price / SF$168.41
Days on Market141
Property Features for 15-1485 POST OFFICE RD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS-10
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bathroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 7, Bathroom 1, Bedroom 3
- Parking features
- Assigned
- Standard status
- Active
- APN
- 3150110240000
- Size
- 4,602 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7851
Utilities
- Utilities
- Water Available
- Sewer type
- Cesspool
- Water source
- Public
Building Details
- Year built
- 1981
- Flooring type
- Vinyl, Hardwood
Listing Agency
Nathalie Mullinix Realty Universal, Inc.
(808) 261-0350
1888 Kalakaua Avenue Suite C312, Honolulu, HI
Listed by
Nathalie C Mullinix · License #RB-17596
(808) 327-4466
Added: Feb 27 Checked: Jul 18 at 4:06 pm
MLS# 728335
Listing URL
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story family home in Pahoa Village offers a spacious interior with hardwood floors and large windows. The property sits on a half-acre lot and includes outdoor space with mature Hawaiian trees, a greenhouse that is ready for restoration, and garden area. Ample parking is provided for multiple vehicles.
The address is on Post Office Road in the heart of Pahoa, with a convenience-focused setting described as walkable to Puna Kai Shopping Center, schools, banks, parks, the pool, restaurants, and the Hele-On Bus Stop.
The listing is offered for sale as a residential income property/other multifamily property under RS-10 zoning. Buyers are advised to confirm all details and hold all parties harmless from any discrepancies between MLS and advertising.
The address is on Post Office Road in the heart of Pahoa, with a convenience-focused setting described as walkable to Puna Kai Shopping Center, schools, banks, parks, the pool, restaurants, and the Hele-On Bus Stop.
The listing is offered for sale as a residential income property/other multifamily property under RS-10 zoning. Buyers are advised to confirm all details and hold all parties harmless from any discrepancies between MLS and advertising.
Key Highlights
- Spacious 2‑story family home on a half‑acre lot in the heart of Pahoa on Post Office Road
- Hardwood and vinyl flooring throughout, with large windows
- Water is available via public water; sewer is a cesspool
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $118.7k | $25.80 |
| − Vacancy | −$3.8k | −$0.83 |
| EGI | $114.9k | $24.97 |
| − OpEx | −$51.7k | −$11.24 |
| NOI | $63.2k | $13.74 |
4,602 SF · lease $25.80/SF/yr · vacancy 3.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$903.0K
$790.2K – $1.05M
NOI $63,213 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.57M
$1.37M – $1.83M
NOI $109,940 @ 7.0% cap · market cap 14.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Spacious two-story residence on a half-acre lot with hardwood floors, large windows, and ample parking.
Where is this multifamily property located?
The property is located at 15-1485 POST OFFICE RD Pahoa, HI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Spacious 2‑story family home on a half‑acre lot in the heart of Pahoa on Post Office Road; Hardwood and vinyl flooring throughout, with large windows; Water is available via public water; sewer is a cesspool
