#202505871, Listing office: Island Homes Realty INC
Property details
About 87-118 Alapaki St
LEGAL non-conforming MULTIPLE DWELLING property a stone's throw from beautiful, white-sand Tumblelands beach! TWO DETACHED sturdy 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 696 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: 1/2 bath and enclosed lanai not permitted. *Monthly Property tax based on 2024 assessment.
Highlights
Home typeMulti Family
StatusActive
Year built1942
ParkingAssigned, Open, Unassigned
MLS #202507831
WaterfrontOther
ViewMountain(s)
Summary
- Parking: Assigned, Open, Unassigned
- Waterfront: Other
- View: Mountain(s)
- List Price: $649,000
- Annual Tax Amount: $1,205
- Tax Year: 2024
- Lot: Cleared, Dead End Street, Interior Lot, Level
- Year Built: 1942
- Stories: 1
- MLS Number: 202507831
- MLS Name: HICMLS
- Office Name: Locations LLC
- Office Phone: (808) 690-9555
- Agent Phone: (808) 366-7970
- Agent Email: melody.rutherford@locationshawaii.com
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/10/2025, 12:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 2002 | Home Sold | $67,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $487,100 | $1,205 |
| 2023 | $484,400 | $922 |
| 2022 | $403,700 | $922 |
| 2021 | $372,700 | $814 |
| 2020 | $360,100 | $770 |
| 2019 | $298,900 | $653 |
| 2018 | $266,700 | $653 |
| 2017 | $317,100 | $829 |
History based on county public records data.
Nearby schools
3
Maili Elementary School
Public District PK-6
0.6 mi
•87-360 Kulaaupuni St
8
Leihoku Elementary School
Public District PK-6
0.9 mi
•86-285 Leihoku St
5
Waianae Elementary School
Public District PK-6
1.4 mi
•85-220 McArthur St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,542. Most Waianae, HI residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
24%
<35k
46%
35k-100k
26%
100k-200k
4%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
26%
Single, No Kids
18%
Single, with Kids
17%
Married, No Kids
39%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Basketball
Figure Skating
Mexican League Soccer
Where do the neighbors shop?
Ross Dress For Less
Chico's
Burlington
Where do the neighbors go to eat?
Jasons Deli
Bob Evans
Church's Chicken
What do the neighbors drive?
Acura
Oldsmobile
Chevrolet
What do the neighbors listen to?
Rhythmic Contemporary Hits
News
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 87-118 Alapaki St
The listing price of 87-118 Alapaki St property is $649,000.
The property 87-118 Alapaki St is a multi located in Waianae, Hawaii, 96792.
Active Listing: 87-118 Alapaki St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 87-118 Alapaki St are: Maili Elementary School (GreatSchools Rating 3/10), Leihoku Elementary School (GreatSchools Rating 8/10), Waianae Elementary School (GreatSchools Rating 5/10), Waianae Intermediate School (GreatSchools Rating 3/10), Ka Waihona O Ka Naauao - Public Charter School (GreatSchools Rating 3/10), Major Sheldon Wheeler Middle School (GreatSchools Rating 10/10), Kamaile Academy Public Charter School (GreatSchools Rating 3/10), Waianae High School (GreatSchools Rating 2/10), Nanakuli High & Intermediate School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $1,205 (source: MLS/based on county public records data).
The last sale was on September 27, 2002 for $67,500 (source: MLS/tax record).
The year of construction for 87-118 Alapaki St is 1942.
This home is located at 87-118 Alapaki St in Waianae, HI and zip code 96792 in the Nanakuli / Maili neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $649,000.
Waianae, HI housing market in June 2025 saw over 5 listings sold above listed price, more than 9 sold at listed price and over 16 sold below. The number of homes for sale in Waianae, HI increased by 7.3% between May and June 2025. In June 2025, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $547,500.
From Rocket Homes Real Estate and based on county public records data.