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MLS: 202521549 (Active - For Sale)
 
Asking Price: $2,343,563 FS - Fee Simple
Type: Multi-Family
District: Waipahu
Address: 94-246 Aniani Place, Waipahu, HI
Neighborhood: Waipahu-lower
Land Area: 7,876 SF
Parking: Assigned,Open
Days on Market: 80
Year Built: 1961
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Regular System
Property Taxes: $408
Assessed Value: $1,401,200
Assessed Ratio: 167.25%
Listing Courtesy: Ivy K Realty, LLC
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All Multi-Family Homes For Sale in Waipahu-lower


Amazing and unbelievable 8% CAP rate which is unheard of on Oahu! Owner did all the hard work so you can take over a turn key operation. All 8 units have been completely renovated, all units rewired from the meter, new rough in plumbing, new supply lines, descaled sewer line, exterior paint, new fuses including GFCI circuit breakers, new outlets, switches, and light fixtures, rebuilt stairs and rails. You can pay 40%-60% more for a similar building in town but the rents are not proportionally higher so it is a no brainer that there is value in Waipahu!

3 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
230135901/31/200307/03/2003$475,000$460,000
250407003/17/200506/08/2005$675,000$655,000
20232575211/17/202312/22/2023$1,100,000$1,150,000

3 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0 Bath09/05/202404/02/2025$1,200,000$1,200,000
0 Bed 0 Bath06/13/202510/24/2025$1,350,000$1,250,000
0 Bed 0 Bath08/01/202509/30/2025$3,988,000$3,500,000
Average Price:  $1,983,333

 
Information is deemed reliable but not guaranteed.
Copyright: 2015 by the HiCentral MLS, Ltd.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by other REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
Maui Luxury Real Estate, LLC is a real estate brokerage firm licensed to
conduct business in the State of Hawaii.
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