Four-Unit
For Sale
$1,300,000
98-143 Kanuku St, Aiea, HI 96701
AMX-2-zoned quadplex near Skyline's Rail Station 8 Pearlridge, with separate electric metering and individual utility equipment historically configured by unit.
Property Size2,464 SF
Price / SF$527.60
Days on Market96
Property Features for 98-143 Kanuku St
General Information
Standard status
Active
Size
2,464 SF
Property subtype
Multi-Family
Zoning
AMX-2
Building Details
Year Built
1960
Listing Agency:
Engel & Volkers Honolulu
(808) 369-8880
Listed By:
Ben Fieman · License #RB-23470
(808) 400-7007
Source:
Fieman
Added: Jul 30
Changed: Oct 31
Last Checked: Nov 1 at 5:04AM
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 Engel & Volkers Honolulu
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Investment Insights
Based on property information with market context.
Built in 1960, this four-unit quadplex contains 2,464 square feet and is zoned AMX-2. Each unit was historically configured as a 2-bedroom, 1-bath layout with its own washer, water heater, and separate electric meter.
The property has been vacant for years and requires major work. The site may also be considered for a fresh start involving teardown, subject to applicable requirements. The property is located at 98-143 Kanuku Street in Aiea, near Skyline's Rail Station 8 Pearlridge.
The property has been vacant for years and requires major work. The site may also be considered for a fresh start involving teardown, subject to applicable requirements. The property is located at 98-143 Kanuku Street in Aiea, near Skyline's Rail Station 8 Pearlridge.
Key Highlights
- Four‑unit quadplex with 2,464 square feet
- AMX‑2 zoning
- Historically configured as 2‑bedroom, 1‑bath units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,069
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$981,380
$981.4K
Cap Rate 7%
$700,986
$701.0K
Cap Rate 9%
$545,211
$545.2K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$75.4K $30.60/SF
− Vacancy
−$5.3K −$2.15/SF
EGI
$70.1K $28.45/SF
− OpEx
−$21.0K −$8.53/SF
NOI
$49.1K $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%
$981,380
Cap Rate 7%
$700,986
Cap Rate 9%
$545,211
Alternative Uses
Best Use
Multifamily LT 5
$701.0K
$613.4K – $817.8K
NOI $49,069 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$645.4K
$564.7K – $753.0K
NOI $45,177 @ 7.0% cap · market cap 3.48%
Theoretical Best
Specialty Retail
$998.3K
$873.5K – $1.16M
NOI $69,879 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Demographics for 96701, HI
42,833
Population
15,407
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,693
Density / Sq Mi
$107,888
Median Household Income
$58,224
Median Earnings
$1,930
Median Rent
$913,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - AMX-2-zoned quadplex near Skyline's Rail Station 8 Pearlridge, with separate electric metering and individual utility equipment historically configured by unit.
Where is this quadplex located?
The property is located at 98-143 Kanuku St Aiea, HI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2,464 square feet; AMX‑2 zoning; Historically configured as 2‑bedroom, 1‑bath units
