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Fenced Duplex Property With Rental Units
For Sale
$1,070,000

15-1858 6TH AVE, Keaau, HI 96749

Residential, Duplex, Multi-Dwelling, Single Family Home, Single Level, Keaau, HI

Property Size2,552 SF
Lot Size3.00 Acres
Price / SF$419.28
Days on Market103

Property Features for 15-1858 6TH AVE

General Information

Property type Residential
Property subtype Duplex
Zoning A-1A
Bedrooms 6
Bathrooms 5
Full bathrooms 2
Rooms Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Parking features Assigned
Exterior features Lighting
Fencing Chain Link
Appliances Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Range, Range Hood, Refrigerator, Washer
Subdivision HAWAIIAN PARADISE PARK
Lot features Cleared, Farm, Grassy, Landscaped
View Forest
Standard status Active
APN 3150280360000
Size 2,552 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 100

Utilities

Utilities Cable Available
Sewer type Cesspool
Water source Private

Building Details

Year built 2004
Floors in Building 2
Flooring type Vinyl, Tile - Ceramic, Laminate, Hardwood
Architectural style Other
Additional Structures Greenhouse
Listing Agency: eXp Realty
Listed By: Ivory Kalber · License #RS-82258
Added: Jul 7 Changed: Sep 28 Last Checked: Oct 17 at 3:06AM
MLS# 727983

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.

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Investment Insights

Based on property information with market context.

Classified as a duplex property, this 2,552-square-foot residential holding includes a permitted 3-bedroom, 2-bath main home along with three separate outbuildings currently used as rental units. The improvements sit across three fully fenced acres with established fruit trees, ornamental landscaping, and tropical plantings. Interior features include hardwood, vinyl, laminate, and ceramic tile flooring, along with a kitchen equipped with a convection oven, dishwasher, disposal, freezer, range, range hood, and refrigerator. A washer and dryer are also included.

The property consists of three TMKs offered together at 15-1858 6TH AVE in Keaau. It is zoned A-1A and includes assigned parking, chain-link fencing, cable availability, a private water source, and a cesspool. Built in 2004, the property also offers room for agricultural use, animals, or additional improvements subject to county regulations.

Key Highlights

  • Three fully fenced acres with established fruit trees, ornamentals, and tropical plantings
  • 2,552‑square‑foot property with a permitted 3‑bedroom, 2‑bath main home
  • Three separate outbuildings currently utilized as rental units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,270
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,400 $765.4K
Cap Rate 7%
$546,714 $546.7K
Cap Rate 9%
$425,222 $425.2K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$56.7K $22.20/SF
− Vacancy
−$2.0K −$0.78/SF
EGI
$54.7K $21.42/SF
− OpEx
−$16.4K −$6.43/SF
NOI
$38.3K $15.00/SF
Area
Hawaii County, HI
Vacancy
3.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,400
Cap Rate 7%
$546,714
Cap Rate 9%
$425,222

Alternative Uses

Best Use
Multifamily LT 5
$546.7K
$478.4K – $637.8K (±1% cap)
NOI $38,270 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$500.8K
$438.2K – $584.2K (±1% cap)
NOI $35,054 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$870.9K
$762.1K – $1.02M (±1% cap)
NOI $60,966 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Lease Details

4
Residential units
Yes
Fenced yard

Location Intelligence

Demographics for 96749, HI

20,503
Population
7,545
Households
2.7
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
59.8 sq mi
ZIP Area
343
Density / Sq Mi
$74,633
Median Household Income
$41,366
Median Earnings
$1,268
Median Rent
$396,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Three-acre residential property with a permitted main home, separate rental units, established plantings, and private water service.
Where is this duplex located?
The property is located at 15-1858 6TH AVE Keaau, HI.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: Three fully fenced acres with established fruit trees, ornamentals, and tropical plantings; 2,552‑square‑foot property with a permitted 3‑bedroom, 2‑bath main home; Three separate outbuildings currently utilized as rental units
More about this property
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