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$1,999,000
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Property Description
Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9,900 per month in rental income from three occupied units, with one additional vacant unit projected at $3,600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13,500 per month, or $162,000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees and other fruit trees. Property is on cesspool. Near beaches, gas stations, bus lines. Tax records may not match, some unpermitted areas but original structures legal. Property to be sold AS IS.
Full Property Details
Full Property Details for 84-290 Makaha Valley Rd
General
- Price: $1,999,000
- Taxes: $3,696
- Status: Active
- Type: Duplex
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202610829
- Updated: 6/9/2026
- Added to Site: 48 day(s) ago
Rental Information
- Complex Features: Deck/Porch, Patio
Interior
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 7
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 15
Parking
- Carports: Yes
- Total Spaces: 10
- Parking Features: Boat, Carport, Three or more Spaces
Location
- Area: Leeward
- County: Oahu
- Subdivision: MAKAHA
Utilities
- Sewer: Cesspool
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, High Speed Internet Available, Phone Available, Water Available
Structural Information
- Architectural Style: Cottage, Detached, Multiplex, Duplex
- Structure Type: Duplex
- Detached/Attached: Detached
- Construction: Hollow Tile, Single Wall, Wood Frame
- Stories/Levels: 1
- Square Feet: 4,384
- Living Area: 4,384 Sq. Ft.
- Year Built: 1974
- Property Condition: Good Condition, Updated/Remodeled
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size: 43560
- Frontage: County Road
- Topography: Level
- Lot Features: Interior Lot, Other, Level
- Zoning: 56 - Country District
Financial Considerations
- Assessment Amount: $1,063,700
- Tax Amount: $3,696
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Inclusions: AC Window Unit, Ceiling Fan, Dryer, Microwave Hood, Photovoltaic – Leased, Range/Oven, Refrigerator, Smoke Detector, Solar Heater, Washer
- Disclosures/Reports: Pet on Property
- Disclosures/Rstr.: Pet on Property
- Property ID: 1-8-4-021-060-0000
Listed by SC Realty, LLC
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Schools
Schools serving 84-290 Makaha Valley Rd
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Kamaile Academy 85-180 Ala Akau St, Waianae, HI 96792 | PK-12 | 0.7 mi |
Waianae Intermediate School 85-626 Farrington Hwy, Waianae, HI 96792 | 7-8 | 1.1 mi |
Waianae High School 85-251 Farrington Hwy, Waianae, HI 96792 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 84-290 Makaha Valley Rd
Date
Details
Price
Change
Source
6/03/2026
Listed
$1,999,000
48.07%
MLS
7/31/2024
Sold
$1,350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 84-290 Makaha Valley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,700
—
$1,063,700
-10%
2025
$3,700
-14%
$1,177,200
17%
2023
$4,285
21%
$1,010,200
-26%
2022
$3,555
—
$1,364,200
18%
2022
$3,555
11%
$1,155,600
9%
2021
$3,210
—
$1,057,000
7%
2021
$3,210
33%
$986,000
22%
2019
$2,405
-2%
$807,200
-2%
2018
$2,452
2%
$820,600
2%
2017
$2,400
-3%
$805,800
-2%
2016
$2,463
8%
$823,600
16%
2014
$2,281
6%
$712,500
-8%
2013
$2,152
—
$771,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 84-290 Makaha Valley Rd
84-290 Makaha Valley Road, Waianae, HI 96792 (MLS# 202610829) is a Duplex property with 15 bedrooms, 7 full bathrooms and 1 partial bathroom. 84-290 Makaha Valley Road is currently listed for $1,999,000 and was received on June 03, 2026. Want to learn more about 84-290 Makaha Valley Road? Do you have questions about finding other Duplex real estate for sale in Waianae? You can browse all Waianae real estate or contact a Coldwell Banker agent to request more information.

