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$599,000

  • For Sale
  • Under Contract
  • Multi-Family
  • Waianae
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LEGAL non-conforming MULTIPLE DWELLING property a stone's throw from beautiful, white-sand Tumblelands beach! TWO DETACHED homes, with newly painted exteriors, located on one 5,000 sq. ft. lot (NOT A CPR) with separate electric meters (one water meter), separate walkways, individual water heater hookups, and separate fully-fenced yards. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses. Front home 916 sq. ft., single wall construction with 3 bedrooms, 1 bath, newer roof (2019), kitchen, living room, driveway, storage, and mango and citrus trees. Back home: Approx. 329 sq. ft., double-wall construction with 1 bedroom, 1 bath, kitchen, living room, and huge porch. Perfect property for investors, multi-family, and owner occupant(s) that want to live in one home and rent out the other home. One range electrical outlet and one water heater need replacing. Close to Waianae Comp hospital, restaurants, beaches. Room counts and square footage in MLS do not match tax records.

Full Property Details for 87-118 Alapaki St

General

  • Price: $599,000
  • Taxes: $2,031
  • Status: Under Contract
  • Type: Multi-Family
  • Source: Honolulu_Board_Of_Realtors
  • MLS ID: 202507831
  • Updated: 12/26/2025
  • Added to Site: 307 day(s) ago

Rental Information

  • Complex Features: None, Storage Facilities

Interior

  • Furnishings: Unfurnished

Rooms

Other Rooms

  • Laundry: In Unit

Parking

  • Total Spaces: 2
  • Parking Features: Assigned, Open, Unassigned

Location

  • Area: Leeward
  • County: Oahu
  • Subdivision: MAILI

Utilities

  • Sewer: Connected
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Above Ground Utilities, Cable Available, Electricity Available, High Speed Internet Available, Sewer Available, Water Available, Sewer Connected

Structural Information

  • Structure Type: Multi Family
  • Detached/Attached: Detached
  • Construction: Double Wall, Single Wall, Wood Frame
  • Stories/Levels: 1
  • Square Feet: 1,245
  • Year Built: 1942
  • Property Condition: Average Condition

Lot Features

  • Property View: Mountain(s)
  • Mountain views: Yes
  • Lot Size: 5000
  • Topography: Level
  • Lot Features: Cleared, Dead End, Interior Lot, Level
  • Zoning: 05 - R-5 Residential District

Financial Considerations

  • Assessment Amount: $580,500
  • Tax Amount: $2,031.72
  • Tenant Pays: Cable TV, Electricity

Disclosures and Reports

  • Special Conditions: None
  • Disclosures/Reports: Seller Disclosure
  • Disclosures/Rstr.: Seller Disclosure
  • Property ID: 1-8-7-011-047-0000

Listed by Locations LLC

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Listing agent

— 87-118 Alapaki St —

  • Locations LLC

(808) 690-9555

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 87-118 Alapaki St

School District:Hawaii Department of Education
NameGradesDistance
Maili Elementary School
87-360 Kulaaupuni St, Waianae, HI 96792
PK-60.5 mi
Waianae Intermediate School
85-626 Farrington Hwy, Waianae, HI 96792
7-82.1 mi
Waianae High School
85-251 Farrington Hwy, Waianae, HI 96792
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 87-118 Alapaki St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$599,000
-4.77%
MLS
10/10/2025
Price Reduced
$629,000
-3.08%
MLS
4/25/2025
Price Reduced
$649,000
-7.15%
MLS
3/17/2025
Listed
$699,000
—
MLS
Get Price Alerts and Save Property
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 for 87-118 Alapaki St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,145
-5%
$580,500
19%
2023
$1,205
31%
$487,100
1%
2022
$923
13%
$484,400
20%
2021
$814
—
$403,700
8%
2021
$814
—
$372,700
3%
2021
$814
25%
$360,100
35%
2018
$653
-21%
$266,700
-16%
2017
$830
7%
$317,100
5%
2016
$778
2%
$302,400
1%
2019
$766
25%
$298,900
17%
2015
$614
19%
$255,300
13%
2013
$517
—
$226,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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87-118 Alapaki Street, Waianae, HI 96792 (MLS# 202507831) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 87-118 Alapaki Street is currently listed for $599,000 and was received on March 17, 2025. Want to learn more about 87-118 Alapaki Street? Do you have questions about finding other Multi-Family real estate for sale in Waianae? You can browse all Waianae real estate or contact a Coldwell Banker agent to request more information.

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