Furnished Four-Unit
For Sale
$2,499,000
3198 WAWAE RD, Kalaheo, HI 96741
Residential Income, Kalaheo, HI
Property Size2,950 SF
Lot Size0.35 Acres
Price / SF$847.12
Days on Market155
Property Features for 3198 WAWAE RD
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
A
Bedrooms
7
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bedroom 7, Bedroom 6, Bedroom 3, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2
Parking features
Assigned
Subdivision
KALAHEO HOMESTEADS
Lot features
Rim Lot, Wooded
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
Amenities
washer/dryer
private yard
fireplace
lanai
outdoor shower
Building Details
Year built
1992
Listing Agency:
RE/MAX Kauai - Princeville Office · RE/MAX International
(808) 826-9675
Listed By:
Jimmy Johnson · License #RB-18149
(808) 639-9675
Added: Apr 10
Changed: Sep 2
Last Checked: Sep 11 at 7:06AM
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 multifamily property contains four furnished residences within 2,950 square feet: a four-bedroom, two-bath main home; two one-bedroom, one-bath cottages; and a studio with loft, half bath, and outdoor shower. Each residence has its own washer and dryer, while a converted garage provides additional flexible space for office, storage, or recreation use. Assigned parking is included.
Set on 0.348 acres in Kalaheo, the property occupies a Lawai hillside with concrete walkways, fruit trees, and tropical plantings connecting the separate structures. The property was built in 1992 and is served by public water. Its location provides access by car to Poipu beaches, Lihue services, and western Kauai destinations.
Set on 0.348 acres in Kalaheo, the property occupies a Lawai hillside with concrete walkways, fruit trees, and tropical plantings connecting the separate structures. The property was built in 1992 and is served by public water. Its location provides access by car to Poipu beaches, Lihue services, and western Kauai destinations.
Key Highlights
- Four‑unit multifamily property with a 4‑bedroom main home, two 1‑bedroom cottages, and a studio with loft
- 2,950 square feet on 0.348 acres
- All residences are furnished and include individual washers and dryers
Property Analytics
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Demographics for 96741, HI
6,424
Population
2,474
Households
2.6
Avg Household Size
45
Median Age
41%
College-Educated
96%
High-School Grad
31.9 sq mi
ZIP Area
201
Density / Sq Mi
$106,777
Median Household Income
$43,304
Median Earnings
$1,706
Median Rent
$915,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four separate residences offer individual laundry, furnished interiors, and distinct outdoor spaces across a hillside setting.
Where is this multifamily property 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: Four‑unit multifamily property with a 4‑bedroom main home, two 1‑bedroom cottages, and a studio with loft; 2,950 square feet on 0.348 acres; All residences are furnished and include individual washers and dryers
