Quadplex with Central
For Sale
$3,900,000
3331 Hayden Street, Honolulu, HI 96815
MULTI_FAMILY - Honolulu, HI
Property Size7,240 SF
Price / SF$538.67
Days on Market213
Property Features for 3331 Hayden Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
07 - R-3.5 Residential District
Parking
8
Parking features
Open, Tandem, Assigned
Appliances
Dryer, Washer
Subdivision
KAPAHULU
Lot features
Interior Lot, Level
View
City
Elementary school
Waikiki
Middle school
Kaimuki
High school
Kalani
Standard status
Active
APN
1-3-1-008-005-0000
Taxes and HOA fees
Tax Annual Amount
8580
Utilities
Utilities
Cable Available
Cooling system
Central Air
Water source
Public
Building Details
Year built
1996
Floors in Building
2
Number of units
4
Building materials
Hollow Tile, Masonry, Concrete, Stucco, Wood Frame
Listing Agency:
KleinCo, LLC
(808) 942-1988
Listed By:
Aleta E Klein · License #RB-10457
(808) 942-1988
Added: Jan 4
Changed: Aug 1
Last Checked: Aug 5 at 7:06PM
MLS# 202527826
Copyright © 2026 HiCentral MLS. 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 quadplex consists of four legal full-size, two-story individual homes. The property includes central air, washer and dryer, and parking configured as open, tandem, and assigned. Construction materials are listed as hollow tile, masonry, concrete, stucco, and wood frame, with a public water source and cable available.
The four homes are described with bedroom and bath counts: three homes with six bedrooms and 2.5+ baths, and a fourth home with five bedrooms and 2.5+ baths. The living area figures are listed by home: Front #1 Living Area 1,992; Unit “A” Living Area 1,792; Unit “B” Living Area 1,664; and Unit “C” Living Area 1,792. The City-improved sidewalks and underground utilities are referenced in the remarks.
The remarks also note that income and expense figures were short as of December 2025 due to vacancy in Unit “B,” and that updated figures will be provided when available.
The four homes are described with bedroom and bath counts: three homes with six bedrooms and 2.5+ baths, and a fourth home with five bedrooms and 2.5+ baths. The living area figures are listed by home: Front #1 Living Area 1,992; Unit “A” Living Area 1,792; Unit “B” Living Area 1,664; and Unit “C” Living Area 1,792. The City-improved sidewalks and underground utilities are referenced in the remarks.
The remarks also note that income and expense figures were short as of December 2025 due to vacancy in Unit “B,” and that updated figures will be provided when available.
Key Highlights
- Four legal full‑size two‑story individual homes
- Built in 1996
- Central air plus washer and dryer
Financial Insights For Multifamily LT 5
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 | $221.5k | $30.60 |
| − Vacancy | −$15.6k | −$2.15 |
| EGI | $206.0k | $28.45 |
| − OpEx | −$61.8k | −$8.53 |
| NOI | $144.2k | $19.91 |
7,240 SF · lease $30.60/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.06M
$1.80M – $2.40M
NOI $144,179 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$1.90M
$1.66M – $2.21M
NOI $132,744 @ 7.0% cap · market cap 3.40%
Theoretical Best
Specialty Retail
$2.93M
$2.57M – $3.42M
NOI $205,327 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Demographics for 96815, HI
28,786
Population
22,804
Households
1.3
Avg Household Size
48
Median Age
47%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
13,085
Density / Sq Mi
$75,020
Median Household Income
$55,543
Median Earnings
$1,903
Median Rent
$627,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four legal two-story homes built in 1996 with central air, washer/dryer, and multiple parking options.
Where is this quadplex located?
The property is located at 3331 Hayden Street Honolulu, HI.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Four legal full‑size two‑story individual homes; Built in 1996; Central air plus washer and dryer
