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    231 Lehua St, Unit D Wahiawa, HI 96786

    Sponsored
    For Sale
    $868,000

    COMMERCIAL - Wahiawa, HI

    Days on Market:
    2
    Last Refresh:
    Jan 7 at 10:06 am

    Property Features for 231 Lehua St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1-7-4-005-042-0000
    Parking
    9
    Parking features
    Assigned

    Utilities

    Utilities
    Electricity Available

    Building Details

    Year built
    1939
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Wood, Concrete
    Building materials
    Block, Concrete, Wood Frame

    Commercial Investment Strategies, LLC (808) 429-1098 [email protected]

    Listing agent Christina L Dwight (808) 429-1098 License #RB-20978

    Listing date Jan 6, 2026

    Copyright © 2026 Honolulu Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wahiawa Income Property with Renovated Units

    This well-maintained property in Wahiawa, HI, features five renovated units. The property includes four studios located in a two-story hollow tile building, along with a 3-bedroom, 1-bathroom house constructed of wood. There are seven legal parking stalls, plus two tandem stalls, providing a total of nine possible parking spaces. The property offers the potential to live in the house while using the income from the studios to cover mortgage payments. A coin-operated laundry is available on-site. The house also has its own washer and dryer inside. Each unit has separate electric meters, while there is a single water meter for the property. The 'D' building received a new roof in 2023, and the buildings have been painted with new gutters installed. All interiors have been renovated within the last 10 years, including redone copper plumbing and electric wiring for the house and two upstairs units. A transferable termite warranty is included. According to DPP records, the previous zoning was B-2, while the current zoning is R-5. The property is located close to Wahiawa General Hospital, set back on a shared driveway with two other properties.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Wahiawa
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.0282441
    Latitude
    21.4991746

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained property with renovated units, income potential, and convenient location.
    Where is this apartment building located?
    The property is located at 231 Lehua St, Unit D Wahiawa, HI.
    What is the asking price?
    The asking price for this property is $868,000.
    What are key features of this property?
    This property features: - Income-generating property featuring 5 renovated units, including 4 studios and a house.; - Live in the 3/1 house and offset your mortgage with income from the studio rentals.; - 9 legal parking stalls (7 + 2 tandem).
    (808) 429-1098
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Lehua St, Unit D Wahiawa, HI 96786
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