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$1,800,000

87-1205 Paakea Rd Waianae, HI 96792

Multi-Family

Property details

About 87-1205 Paakea Rd

Located in the beautiful town of Waianae on the island of Oahu. Situated over on a 4.42 acres of Fee Simple land with great mountain view, walking distance to the beaches, elementary schools, and shopping centers. This property consists of four (4) detached single family homes, each with its own separate entrance and backyard, all currently occupied by long-terms, great tenants. Additionally, the property generates monthly income from solar panels. Don't miss out on the chance to own this great investment property with four single family homes!

Highlights

Home typeMulti Family
StatusActive
Year built1940
MLS #202516520
WaterfrontOther
ViewMountain(s)

Summary

  • Parking: None
  • Waterfront: Other
  • View: Mountain(s)
  • List Price: $1,800,000
  • Annual Tax Amount: $6,563
  • Tax Year: 2024
  • Lot: Other, Level
  • Year Built: 1940
  • Stories: 1
  • MLS Number: 202516520
  • MLS Name: HICMLS
  • Office Name: Julieanne Lam Phan
  • Office Phone: (562) 218-7601
  • Agent Phone: (714) 655-1434
  • Agent Email: julieannephan@icloud.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: 7/23/2025, 6:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 29, 2016
Home Sold
$131,284
Apr 13, 2006
Home Sold
$696,000

Tax history

YearAssessmentProperty Tax
2024$1,825,300$6,563
2023$1,945,800$4,674
2022$1,391,700$4,674
2021$1,308,700$4,580
2020$1,004,600$3,516
2019$1,111,000$3,472
2018$992,000$3,472
2017$926,200$3,241

History based on county public records data.

Nearby schools

3

Maili Elementary School

Public District PK-6

1.5 mi

87-360 Kulaaupuni St

3

Nanakuli Elementary School

Public District PK-6

2.1 mi

89-778 Haleakala Ave

1

Nanaikapono Elementary School

Public District PK-6

2.1 mi

89-153 Mano Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,057. Typical income of Waianae, HI residents is between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

39%
<35k
44%
35k-100k
13%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

27%
Single, No Kids
22%
Single, with Kids
21%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
34%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • BasketballBasketball
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • WingstopWingstop
  • Jasons DeliJasons Deli
  • Golden CorralGolden Corral

What do the neighbors drive?

  • NissanNissan
  • AcuraAcura
  • KiaKia

What do the neighbors listen to?

  • Christian Adult ContemporaryChristian Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 87-1205 Paakea Rd

The listing price of 87-1205 Paakea Rd property is $1,800,000.

The property 87-1205 Paakea Rd is a multi located in Waianae, Hawaii, 96792.

Active Listing: 87-1205 Paakea Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 87-1205 Paakea Rd are: Maili Elementary School (GreatSchools Rating 3/10), Nanakuli Elementary School (GreatSchools Rating 3/10), Nanaikapono Elementary School (GreatSchools Rating 1/10), Ka Waihona O Ka Naauao - Public Charter School (GreatSchools Rating 3/10), Waianae Intermediate School (GreatSchools Rating 3/10), Honouliuli Middle School (GreatSchools Rating 3/10), Nanakuli High & Intermediate School (GreatSchools Rating 3/10), Kamaile Academy Public Charter School (GreatSchools Rating 3/10), Waianae High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $6,563 (source: MLS/based on county public records data).

The last sale was on August 29, 2016 for $131,284 (source: MLS/tax record).

The year of construction for 87-1205 Paakea Rd is 1940.

This home is located at 87-1205 Paakea Rd in Waianae, HI and zip code 96792 in the Nanakuli / Maili neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $1,800,000.

While more than 5 listings in Waianae, HI in June 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 16 were sold below. In June 2025 in Waianae, HI there were 7.3% more homes for sale than in May. In June 2025 median list price was $547,500 and the average listing age was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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