Duplex with Accessory Dwelling
New
For Sale
$1,899,000
94-415 Apowale St, Waipahu, HI 96797
Two separate electrical meters and garage and pad parking support the property's two-dwelling configuration.
Property Size7,430 SF
Price / SF$255.59
Days on Market6
Property Features for 94-415 Apowale St
General Information
Standard status
Active
Size
7,430 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Remax Hawaii
(808) 738-3600
Listed By:
Koa Cassady
(808) 468-8181
Source:
Dwellhawaii
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 9:32AM
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 Remax Hawaii
Investment Insights
Based on property information with market context.
Completed in 2026, this two-story duplex pairs a 7-bedroom, 3-bathroom main home with a separate two-story accessory dwelling unit offering 2 bedrooms and 1 bathroom. The property includes a stucco exterior, finished landscaping, upgraded interior finishes, and split AC in the main living areas and primary bedrooms.
Each dwelling has its own electrical meter. Parking includes a garage and pad spaces. The property is minutes from the H-1 freeway, grocery stores, schools, and dining in Waipahu.
Each dwelling has its own electrical meter. Parking includes a garage and pad spaces. The property is minutes from the H-1 freeway, grocery stores, schools, and dining in Waipahu.
Key Highlights
- Two‑story main residence with 7 bedrooms and 3 bathrooms
- Separate two‑story ADU with 2 bedrooms and 1 bathroom
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,962
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,959,240
$3.0M
Cap Rate 7%
$2,113,743
$2.1M
Cap Rate 9%
$1,644,022
$1.6M
Market Conditions
NOI Build-Up for 7,430 SF
Gross rent
$227.4K $30.60/SF
− Vacancy
−$16.0K −$2.15/SF
EGI
$211.4K $28.45/SF
− OpEx
−$63.4K −$8.53/SF
NOI
$148.0K $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%
$2,959,240
Cap Rate 7%
$2,113,743
Cap Rate 9%
$1,644,022
Alternative Uses
Best Use
Multifamily LT 5
$2.11M
$1.85M – $2.47M
NOI $147,962 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$1.95M
$1.70M – $2.27M
NOI $136,228 @ 7.0% cap · market cap 7.17%
Theoretical Best
Specialty Retail
$3.01M
$2.63M – $3.51M
NOI $210,715 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate electrical meters and garage and pad parking support the property's two-dwelling configuration.
Where is this duplex located?
The property is located at 94-415 Apowale St Waipahu, HI.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Two‑story main residence with 7 bedrooms and 3 bathrooms; Separate two‑story ADU with 2 bedrooms and 1 bathroom; Built in 2026
