Kalaheo Multi-Unit Income
3198 WAWAE RD Kalaheo, HI 96741
For Sale
$2,499,000
MULTI_FAMILY - Kalaheo, HI
Property Size2,950 SF
Lot Size0.35 Acres
Price / SF$847.12
Days on Market109
Property Features for 3198 WAWAE RD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4
- Parking features
- Assigned
- Standard status
- Active
- APN
- 4240010770001
- Size
- 2,950 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3118
Utilities
- Utilities
- Water Available
- Sewer type
- Cesspool, Septic Tank
- Water source
- Public
Building Details
- Year built
- 1992
Listing Agency:
RE/MAX Kauai - Princeville Office
(808) 826-9675
Listed By:
Jimmy Johnson · License #RB-18149
(808) 639-9675
Added: Apr 10
Changed: May 14
Last Checked: Jul 27 at 9:06AM
MLS# 729558
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 multi-unit property in Kalaheo, HI, is suited for multi-generational living, a private retreat center, a family compound, or as a cash-flow rental. The property consists of four units. The main house, MAKAPUNI, features 4 bedrooms and 2 baths, with a staircase leading to two half lofts and a mini office loft, as well as an enclosed lanai. The OLUOLU guesthouse includes 1 bedroom, 1 bath, a private yard, private parking, and a fireplace. The UKULELE caretaker's cottage is a 1-bedroom, 1-bath cottage with an open lanai overlooking the Lawai valley. The HAUOLI studio has an open floorplan with a loft, half bath, outdoor shower, lanai, and private courtyard. Additionally, there is a converted garage that can be used as an office space, work out room, or for storage. Each unit has its own washer and dryer and comes fully furnished. The property is situated on a 0.348-acre lot and includes meandering concrete paths leading to separate buildings, surprise spaces, fruit trees, and exotic tropical foliage. Located in Lawai, it is a short drive from Poipu beaches, Lihue, and the Westside and Kokee. The property has a total size of 2950 square feet. The current total income is $15,300 per month. Seller financing is available with a 15% down payment and owner financing up to 5 years at 4.75% interest.
Key Highlights
- High Cash‑Flow Potential: Current total income of $15,300/month with rent roll available.
- Seller Financing Available: 15% down payment ($375,000) with owner financing up to 5 years at 4.75% interest.
- Four Separate Units: Includes a main house, guesthouse, caretaker's cottage, and studio with loft.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Cash-flowing multi-unit property suitable for various uses.
Where is this quadplex located?
The property is located at 3198 WAWAE RD Kalaheo, HI.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: High Cash‑Flow Potential: Current total income of $15,300/month with rent roll available.; Seller Financing Available: 15% down payment ($375,000) with owner financing up to 5 years at 4.75% interest.; Four Separate Units: Includes a main house, guesthouse, caretaker's cottage, and studio with loft.
