Four-Unit Walk-Up Apartment
For Sale
$1,288,000
94-110 Mokukaua St, Waipahu, HI 96797
Income property with unit-specific laundry areas, tenant-paid utilities, and recent exterior painting.
Property Size2,752 SF
Price / SF$468.02
Days on Market69
Property Features for 94-110 Mokukaua St
General Information
Standard status
Active
Size
2,752 SF
Property subtype
Multi-Family
Additional Details
Public Transit
Yes
Multifamily Units
4
Amenities
laundry behind building
Building Details
Year Built
1958
Buildings
1
Listing Agency:
Inga's Realty, Inc.
(808) 696-1616
Listed By:
Holden Lau
(808) 387-3366
Source:
Kakaako
Added: Aug 9
Changed: Oct 15
Last Checked: Oct 16 at 8:21AM
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 Inga's Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1958 quadplex contains four walk-up apartment units totaling 2,752 square feet. Each unit has a dedicated laundry setup located behind the building, while the exterior was repainted less than 2 years ago. Tenants pay their own utilities, and the landlord is responsible for property taxes.
The property is less than 10 minutes from Waipahu High and an 8-minute walk from a Rail Transit Station. The larger lot is identified as meeting the "BILL 7" City project plan.
The property is less than 10 minutes from Waipahu High and an 8-minute walk from a Rail Transit Station. The larger lot is identified as meeting the "BILL 7" City project plan.
Key Highlights
- Four‑unit quadplex totaling 2,752 SF
- Built in 1958 with exterior painting completed less than 2 years ago
- Each unit has its own laundry setup behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,804
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,080
$1.1M
Cap Rate 7%
$782,914
$782.9K
Cap Rate 9%
$608,933
$608.9K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$84.2K $30.60/SF
− Vacancy
−$5.9K −$2.15/SF
EGI
$78.3K $28.45/SF
− OpEx
−$23.5K −$8.53/SF
NOI
$54.8K $19.91/SF
Area
Honolulu County, HI
Vacancy
7.03%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,096,080
Cap Rate 7%
$782,914
Cap Rate 9%
$608,933
Alternative Uses
Best Use
Multifamily LT 5
$782.9K
$685.1K – $913.4K
NOI $54,804 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$720.8K
$630.7K – $841.0K
NOI $50,457 @ 7.0% cap · market cap 3.92%
Theoretical Best
Specialty Retail
$1.11M
$975.6K – $1.30M
NOI $78,047 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Demographics for 96797, HI
78,109
Population
21,327
Households
3.7
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
4,047
Density / Sq Mi
$110,036
Median Household Income
$44,685
Median Earnings
$1,981
Median Rent
$798,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Income property with unit-specific laundry areas, tenant-paid utilities, and recent exterior painting.
Where is this quadplex located?
The property is located at 94-110 Mokukaua St Waipahu, HI.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: Four‑unit quadplex totaling 2,752 SF; Built in 1958 with exterior painting completed less than 2 years ago; Each unit has its own laundry setup behind the building
