#202427158, Listing Office: OahuRE.com
87-118 Alapaki St Waianae, HI 96792
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 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. 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. *Monthly Property tax based on 2024 assessment. Potential CAP RATE about 6% with pro-forma rents of $1,800/mo and $2,200/mo respectively and insurance and property tax expenses.
Highlights
Summary
- MLS Number: 202505421
- MLS Name: HICMLS
- Office Name: Locations LLC
- Office Phone: (808) 690-9555
- Agent Phone: (808) 690-9555
- 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.
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Last updated on: 4/15/2025, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
87-118 Alapaki St
$8,301
closing credit¹
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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
0.5 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
1.5 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. Residents of Waianae, HI typically earn between $35k-100k each year. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
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Frequently asked questions
About 87-118 Alapaki St
This home is located at 87-118 Alapaki St in Waianae, HI and zip code 96792 in the Nanakuli / Maili neighborhood. This 1,025 square foot home was built in 1942. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 17, 2025 and is currently priced at $699,000.
In March 2025 more than 2 listings in Waianae, HI were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Waianae, HI increased by 17.8% between February and March 2025. While the average time on the market in March 2025 was 52 days, the median list price was $546,666.