Haiku Multi-Family Home on
44 Kaupakalua Road Haiku, HI 96708
44 Kaupakalua Road, Haiku, HI, 96708
$1,950,000
Pending
For Sale
$1,950,000
Pending
MULTI_FAMILY - Other - Haiku, HI
Property Size2,920 SF
Lot Size2.86 Acres
Days on Market226
Property Features for 44 Kaupakalua Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3
- Parking
- 4
- Parking features
- Garage, Carport
- Standard status
- Pending
- APN
- 2-2-8-006-041-0000
- Size
- 2,920 SF
- Lot size
- 2.86 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13023
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank, Cesspool
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 2
- Flooring type
- Hardwood
- Building materials
- Double Wall, Wood Frame
- Architectural style
- Other
- Additional Structures
- Workshop
Listing Agency
Five Star Realty, Inc.
(808) 382-6871
1500 S King Street Suite 200, Honolulu, HI
Listed by
Ashley Moniz · License #RS-81995
(808) 829-6656
Added: Dec 4, 2025 Checked: Jul 18 at 7:06 am
MLS# 202526423
Listing URL
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 property features a main residence and a detached Ohana on 2.86 acres in Haiku. The retreat includes two homes privately positioned on a corner lot, surrounded by tropical greenery and topped with solid copper roofing. The main home includes 4 bedrooms and 2 baths. A detached Ohana features 1 bedroom and 2 baths, with spacious living areas suitable for multi-generational living, guests, or income potential. The grounds are breezy, peaceful, and full of natural beauty.
Key Highlights
- 2‑home property on 2.86 acres in Haiku, positioned on a private corner lot
- Main residence: 4 bedrooms and 2 bathrooms
- Detached Ohana: 1 bedroom and 2 bathrooms with spacious living areas
Local Financial Insights For Apartment 5plus
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 | $105.1k | $36.00 |
| − Vacancy | −$5.3k | −$1.80 |
| EGI | $99.9k | $34.20 |
| − OpEx | −$44.9k | −$15.39 |
| NOI | $54.9k | $18.81 |
2,920 SF · lease $36.00/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$784.6K
$686.6K – $915.4K
NOI $54,925 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.18M
$1.03M – $1.38M
NOI $82,686 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Two homes on 2.86 acres in Haiku, Hawaii.
Where is this single family property located?
The property is located at 44 Kaupakalua Road Haiku, HI.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 2‑home property on 2.86 acres in Haiku, positioned on a private corner lot; Main residence: 4 bedrooms and 2 bathrooms; Detached Ohana: 1 bedroom and 2 bathrooms with spacious living areas
