Split-Level Residential Income
For Sale
Under Contract
$750,000
98-481 Maki Street, Aiea, HI 96701
MULTI_FAMILY - Other - Aiea, HI
Property Size1,098 SF
Price / SF$683.06
Days on Market52
Property Features for 98-481 Maki Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
11 - A-1 Low Density Apartment
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking
6
Parking features
Garage, Driveway, On Street
Subdivision
NEWTOWN
Lot features
Interior Lot
View
Ocean
Elementary school
Waimalu
Middle school
Aiea
High school
Aiea
Standard status
Active Under Contract
APN
1-9-8-060-026-0036
Size
1,098 SF
Taxes and HOA fees
Tax Annual Amount
2988
HOA Fee
$55 Monthly
Building Details
Year built
1979
Floors in Building
2
Flooring type
Carpet
Building materials
Concrete
Architectural style
Other
Listing Agency:
eXp Realty
(808) 725-2794
Listed By:
Marlene K Sedeno · License #RS-83475
(808) 725-2794
Added: Jun 12
Changed: Jul 30
Last Checked: Aug 2 at 2:06AM
MLS# 202610915
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.
Investment Insights
Based on property information with market context.
98-481 Maki Street in Aiea, HI 96701 presents a split-level residential income property with a 3-bedroom, 2-bath layout. The home includes a spacious 2-car garage, a long driveway, and parking for approximately 5–6 vehicles, with additional nearby guest stalls. Outdoor living is centered around a lanai area and a low-maintenance yard.
The property is set within the Harbor Terrace II community, which provides access to a swimming pool and recreation center, a health club, tennis and basketball courts, pickleball facilities, and classes and activities throughout the year. It also benefits from convenience near Pearlridge Center, Pali Momi Medical Center, neighborhood parks, schools, and major freeway access.
Overall, the configuration supports comfortable residential use with dedicated parking and community amenities available to residents.
The property is set within the Harbor Terrace II community, which provides access to a swimming pool and recreation center, a health club, tennis and basketball courts, pickleball facilities, and classes and activities throughout the year. It also benefits from convenience near Pearlridge Center, Pali Momi Medical Center, neighborhood parks, schools, and major freeway access.
Overall, the configuration supports comfortable residential use with dedicated parking and community amenities available to residents.
Key Highlights
- 3‑bedroom, 2‑bath split‑level home in the Newtown community (Harbor Terrace II), built in 1979
- Concrete construction with carpet flooring
- 2‑car garage plus long driveway and parking for approximately 5–6 cars; on‑street and nearby guest parking
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 | $33.6k | $30.60 |
| − Vacancy | −$2.4k | −$2.15 |
| EGI | $31.2k | $28.45 |
| − OpEx | −$9.4k | −$8.53 |
| NOI | $21.9k | $19.91 |
1,098 SF · lease $30.60/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$312.4K
$273.3K – $364.4K
NOI $21,866 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$287.6K
$251.7K – $335.5K
NOI $20,132 @ 7.0% cap · market cap 2.68%
Theoretical Best
Specialty Retail
$444.8K
$389.2K – $519.0K
NOI $31,139 @ 7.0% cap · market cap 4.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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?
Duplex - Split-level residence with three bedrooms, two baths, and a 2-car garage plus parking for about 5–6 vehicles.
Where is this duplex located?
The property is located at 98-481 Maki Street Aiea, HI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath split‑level home in the Newtown community (Harbor Terrace II), built in 1979; Concrete construction with carpet flooring; 2‑car garage plus long driveway and parking for approximately 5–6 cars; on‑street and nearby guest parking
