Duplex With Separate Living
New
For Sale
$495,000
16-2041 Anthurium Dr, Pahoa, HI 96778
A gated, fenced property provides distinct living spaces, each with its own entrance and electric meter.
Property Size2,304 SF
Lot Size0.25 Acres
Price / SF$214.84
Days on Market7
Property Features for 16-2041 Anthurium Dr
General Information
Standard status
Active
Size
2,304 SF
Lot size
0.25 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
gated
Building Details
Year Built
1995
Buildings
1
Stories
2
Listing Agency:
Coldwell Banker Island Properties - Hilo
(303) 974-5742
Listed By:
Oasis Hawai'i
(808) 209-0033
Source:
Myoasishawaii
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 24 at 5:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Island Properties - Hilo
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Investment Insights
Based on property information with market context.
This two-story duplex contains 2,304 square feet and was built in 1995. Its two separate living areas each have a private entrance and an individual electric meter, providing distinct spaces within one residence.
The property occupies a quarter-acre lot enclosed by fencing and a gate. The separate entrances and meters support independent use of each living area.
The property occupies a quarter-acre lot enclosed by fencing and a gate. The separate entrances and meters support independent use of each living area.
Key Highlights
- 2,304‑square‑foot, two‑story duplex
- Two separate living areas, each with a private entrance
- Individual electric meter for each living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,551
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,020
$691.0K
Cap Rate 7%
$493,586
$493.6K
Cap Rate 9%
$383,900
$383.9K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$51.1K $22.20/SF
− Vacancy
−$1.8K −$0.78/SF
EGI
$49.4K $21.42/SF
− OpEx
−$14.8K −$6.43/SF
NOI
$34.6K $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%
$691,020
Cap Rate 7%
$493,586
Cap Rate 9%
$383,900
Alternative Uses
Best Use
Multifamily LT 5
$493.6K
$431.9K – $575.9K
NOI $34,551 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$452.1K
$395.6K – $527.5K
NOI $31,648 @ 7.0% cap · market cap 6.39%
Theoretical Best
Specialty Retail
$786.3K
$688.0K – $917.4K
NOI $55,042 @ 7.0% cap · market cap 11.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Demographics for 96778, HI
14,687
Population
6,814
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
90%
High-School Grad
211.5 sq mi
ZIP Area
69
Density / Sq Mi
$34,863
Median Household Income
$29,821
Median Earnings
$1,321
Median Rent
$241,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A gated, fenced property provides distinct living spaces, each with its own entrance and electric meter.
Where is this duplex located?
The property is located at 16-2041 Anthurium Dr Pahoa, HI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,304‑square‑foot, two‑story duplex; Two separate living areas, each with a private entrance; Individual electric meter for each living area
