Quadplex with Three
36-2319-A PUUALAEA HOMESTEAD RD Laupahoehoe, HI 96764
36-2319-A PUUALAEA HOMESTEAD RD, Laupahoehoe, HI, 96764
$1,200,000
For Sale
$1,200,000
MULTI_FAMILY - Laupahoehoe, HI
Property Size4,224 SF
Lot Size1.55 Acres
Price / SF$284.09
Days on Market11
Property Features for 36-2319-A PUUALAEA HOMESTEAD RD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RS-15
- Bedrooms
- 12
- Bathrooms
- 8
- Rooms
- Bedroom 10, Bedroom 8, Bathroom 7, Bedroom 7, Bedroom 3, Bathroom 4, Bedroom 9, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 6, Bedroom 12, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 11, Bathroom 8
- Parking features
- Covered, Assigned
- Standard status
- Active
- APN
- 3360070150000
- Size
- 4,224 SF
- Lot size
- 1.55 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5196
Utilities
- Utilities
- Electricity Available
- Sewer type
- Cesspool
Building Details
- Year built
- 1990
- Flooring type
- Carpet
Listing Agency
eXp Realty
(808) 725-2794
6600 Kalanianaole Highway, Suite 114, Mililani, HI
Listed by
Charlotte K. Kekela
(808) 640-8982
Added: Jul 8 Checked: Jul 18 at 11:06 am
MLS# 728314
Listing URL
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.
Investment Insights
Based on property information with market context.
This income property consists of four single-family homes on one parcel, built in 1990. Three of the four homes are currently occupied by long-term tenants, and the fourth home is vacant. The property is set up for a range of future uses depending on how the vacant home is handled, with showings available by appointment only and instructions not to disturb tenants.
The property is located at 36-2319-A Puualaea Homestead Rd in Laupahoehoe, HI 96764, on a 1.5496-acre lot. Zoning is RS-15.
With a total property size of 4,224 square feet, this quadplex offers a straightforward, multi-home configuration designed to support ongoing residential rental operations while leaving flexibility for updates or re-tenanting of the vacant unit.
The property is located at 36-2319-A Puualaea Homestead Rd in Laupahoehoe, HI 96764, on a 1.5496-acre lot. Zoning is RS-15.
With a total property size of 4,224 square feet, this quadplex offers a straightforward, multi-home configuration designed to support ongoing residential rental operations while leaving flexibility for updates or re-tenanting of the vacant unit.
Key Highlights
- Income‑producing property with four single‑family homes on one parcel
- Three of the four homes are occupied by long‑term tenants, with one currently vacant
- Built in 1990
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 | $93.8k | $22.20 |
| − Vacancy | −$3.3k | −$0.78 |
| EGI | $90.5k | $21.42 |
| − OpEx | −$27.1k | −$6.43 |
| NOI | $63.3k | $15.00 |
4,224 SF · lease $22.20/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$904.9K
$791.8K – $1.06M
NOI $63,344 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$828.9K
$725.3K – $967.0K
NOI $58,021 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,910 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four single-family homes on one parcel, built in 1990, with three currently occupied and one vacant.
Where is this quadplex located?
The property is located at 36-2319-A PUUALAEA HOMESTEAD RD Laupahoehoe, HI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Income‑producing property with four single‑family homes on one parcel; Three of the four homes are occupied by long‑term tenants, with one currently vacant; Built in 1990
