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Renovated Multifamily Property in Wahiawa
For Sale
$868,000
Pending

231 Lehua Street #D, Wahiawa, HI 96786

Well-maintained multifamily property with renovated units and income potential.

Days on Market209

Property Features for 231 Lehua Street #D

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1939
Listing Agency: COMMERCIAL INV. STRATEGIES
Listed By: CHRISTINA L DWIGHT · License #RB-20978
Source: Corcoran
Added: Jan 5 Changed: Jul 6 Last Checked: Aug 1 at 7:41AM

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 COMMERCIAL INV. STRATEGIES

Investment Insights

Based on property information with market context.

This well-maintained property features five renovated units, including four studios in a two-story hollow tile building and a 3-bedroom, 1-bathroom house. The property includes seven legal parking stalls and two tandem stalls, totaling nine possible parking spaces. A coin-operated laundry is available for tenants. The house also has its own washer and dryer inside. Each unit is separately metered for electricity, and there are two water meters for the property. The building was re-roofed in 2023, and the buildings were painted with new gutters installed. All interiors have been renovated within the last 10 years. The house and two upstairs units have updated copper plumbing and electrical wiring. A transferable termite warranty is in place. The property is located close to Wahiawa General Hospital, situated on a shared driveway with two other properties. According to DPP records, the previous zoning was B-2, while the current zoning is R-5.

Key Highlights

  • Income‑generating property featuring 5 renovated units, including 4 studios and a 3/1 house.
  • Live in the house and offset your mortgage with studio rental income.
  • 9 legal parking stalls available for tenants.

Property Analytics

Current Use

Multifamily properties

Location Intelligence

Demographics for 96786, HI

41,217
Population
14,444
Households
2.9
Avg Household Size
28
Median Age
25%
College-Educated
94%
High-School Grad
89.2 sq mi
ZIP Area
462
Density / Sq Mi
$83,488
Median Household Income
$46,027
Median Earnings
$2,784
Median Rent
$724,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Well-maintained multifamily property with renovated units and income potential.
Where is this multifamily property located?
The property is located at 231 Lehua Street #D Wahiawa, HI.
What is the asking price?
The asking price for this property is $868,000.
What are key features of this property?
This property features: Income‑generating property featuring 5 renovated units, including 4 studios and a 3/1 house.; Live in the house and offset your mortgage with studio rental income.; 9 legal parking stalls available for tenants.
More about this property
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