85-209 Ala Akau Street, Waianae, HI 96792
MULTI_FAMILY - Other - Waianae, HI
- Added:
- Mar 28, 2026
- Days on Market:
- 79
- Last Refresh:
- Jun 14 at 11:06 am
Property Features for 85-209 Ala Akau Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
- Parking
- 2
- Parking features
- Garage
- Pets allowed
- Call
- Interior features
- Bedroom on Main Level, Full Bath on Main Level
- Fencing
- Fenced
- Standard status
- Active
- APN
- 1-8-5-026-067-0000
- Size
- 952 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1132
Utilities
- Utilities
- Water Available
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Double Wall, Wood Frame
- Architectural style
- Other
Listing agent G. Jeannie Byers License #RB-14805 (808) 285-4774
Listing office West Beach Realty, Inc. 85841-E Farrington Hwy, Waianae, HI (808) 696-4774
Listing date Mar 28, 2026
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.
HighLights
- 3‑bedroom, 1‑bath duplex with single‑level living
- Year built 1974; double wall, wood frame construction
- Vinyl flooring throughout
- Parking includes a garage and a 2‑car carport
- Spacious 3,193 sq. ft. lot with fully fenced backyard
- Public water available; lease rent $70.16/month with scheduled increase to $91.25/month (Jul 1, 2027–Jun 30, 2031)
Overview
The duplex is located at 85-209 Ala Akau Street in Waianae, Oahu, HI 96792. The property is currently on a month-to-month lease. Tenant showings require 2 days notice.
From a financing and ownership standpoint, the listing notes eligibility for multiple options, including FHA Spot loans and Conventional loans. Lease rent is currently reported at $70.16 per month, with a scheduled increase to $91.25 per month from July 1, 2027 through June 30, 2031. The lease may also be extended to 2055, and supplemental information references an additional special assessment of $127.00 per month through November 2026.
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 | $29.1k | $30.60 |
| − Vacancy | −$2.0k | −$2.15 |
| EGI | $27.1k | $28.45 |
| − OpEx | −$8.1k | −$8.53 |
| NOI | $19.0k | $19.91 |
Alternative Uses
Current Use by Public Records
Map
- City
- Waianae
- County
- Honolulu
- State
- Hawaii
- Longitude
- -158.19414
- Latitude
- 21.455673
