Four-Unit
For Sale
$1,300,000
98-143 Kanuku Street, 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 Market13
Property Features for 98-143 Kanuku Street
General Information
Standard status
Active
Size
2,464 SF
Property subtype
Multi Family
Zoning
AMX-2
Building Details
Building Size
2,464 SF
Year Built
1960
Listing Agency:
Corcoran Pacific Properties
(808) 590-8169
Listed By:
Erwin V Paulino · License #RS-74180
(808) 590-8169
Source:
Careyluxury
Added: Jul 21
Changed: Jul 31
Last Checked: Aug 1 at 11:21AM
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 Corcoran Pacific Properties
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 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 | $75.4k | $30.60 |
| − Vacancy | −$5.3k | −$2.15 |
| EGI | $70.1k | $28.45 |
| − OpEx | −$21.0k | −$8.53 |
| NOI | $49.1k | $19.91 |
2,464 SF · lease $30.60/SF/yr · vacancy 7.03% · expense 30.00%
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.
Property Analytics
Current Use
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 Street 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
