Three-Bedroom Duplex with
85-209 Ala Akau Street Waianae, HI 96792
85-209 Ala Akau Street, Waianae, HI, 96792
$219,000
For Sale
$219,000
MULTI_FAMILY - Other - Waianae, HI
Property Size952 SF
Lot Size3,193.00 Acres
Price / SF$230.04
Days on Market118
Property Features for 85-209 Ala Akau Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
- Parking
- 2
- Parking features
- Garage
- Pets allowed
- Call
- Interior features
- Bedroom on Main Level, Full Bath on Main Level
- Fencing
- Fenced
- Standard status
- Active
- APN
- 1-8-5-026-067-0000
- Size
- 952 SF
- Lot size
- 3,193.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1132
Utilities
- Utilities
- Water Available
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Double Wall, Wood Frame
- Architectural style
- Other
Listing agency
West Beach Realty, Inc.
(808) 696-4774
Listed by
G. Jeannie Byers · License #RB-14805
(808) 285-4774
Added: Mar 28 Updated: Jul 17 at 10:54PM Checked: Jul 23 at 7:06AM
MLS# 202606060
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 3-bedroom, 1-bath duplex offers single-level living and a tenant-occupied setup designed for straightforward maintenance. The property includes a 2-car carport and a fully fenced backyard for privacy and outdoor use, with a total interior size of 952 square feet. The lot area is listed as 3,193 square feet.
The duplex is located at 85-209 Ala Akau Street in Waianae, Oahu, HI 96792. The property is currently on a month-to-month lease. Tenant showings require 2 days notice.
From a financing and ownership standpoint, the listing notes eligibility for multiple options, including FHA Spot loans and Conventional loans. Lease rent is currently reported at $70.16 per month, with a scheduled increase to $91.25 per month from July 1, 2027 through June 30, 2031. The lease may also be extended to 2055, and supplemental information references an additional special assessment of $127.00 per month through November 2026.
The duplex is located at 85-209 Ala Akau Street in Waianae, Oahu, HI 96792. The property is currently on a month-to-month lease. Tenant showings require 2 days notice.
From a financing and ownership standpoint, the listing notes eligibility for multiple options, including FHA Spot loans and Conventional loans. Lease rent is currently reported at $70.16 per month, with a scheduled increase to $91.25 per month from July 1, 2027 through June 30, 2031. The lease may also be extended to 2055, and supplemental information references an additional special assessment of $127.00 per month through November 2026.
Key Highlights
- 3‑bedroom, 1‑bath duplex with single‑level living
- Spacious 3,193 sq. ft. lot and fully fenced backyard
- Bedroom on main level and full bath on main level
Local 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 | $29.1k | $30.60 |
| − Vacancy | −$2.0k | −$2.15 |
| EGI | $27.1k | $28.45 |
| − OpEx | −$8.1k | −$8.53 |
| NOI | $19.0k | $19.91 |
952 SF · lease $30.60/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$270.8K
$237.0K – $316.0K
NOI $18,958 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$249.4K
$218.2K – $290.9K
NOI $17,455 @ 7.0% cap · market cap 7.97%
Theoretical Best
Specialty Retail
$385.7K
$337.5K – $450.0K
NOI $26,999 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Single-level duplex with a fenced yard and 2-car carport, occupied on a month-to-month lease.
Where is this duplex located?
The property is located at 85-209 Ala Akau Street Waianae, HI.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 3‑bedroom, 1‑bath duplex with single‑level living; Spacious 3,193 sq. ft. lot and fully fenced backyard; Bedroom on main level and full bath on main level
