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$874,999
202615870 MLS ⋅ FS - Fee Simple Tenure
Priced $36,000 below appraised value, this rare two-story Waianae residence offers a massive 10-bedroom, 4-bathroom footprint with endless potential. Built in 1976 on a generous lot, this sprawling property presents an incredible canvas for multi-generational living, foster care housing, or a high-yield investment strategy where you can live in one section while renting out the rest. The versatile floor plan features spacious main living areas, complemented by valuable lower-level square footage perfect for a workshop, secure storage, or hobby space. Parking is effortless thanks to a dedicated covered carport and a long driveway capable of accommodating multiple vehicles with ease. Whether you are looking to house an extended family or capitalize on a high-capacity rental layout, a 10-bedroom property of this scale is a rare find on Oahu. Enjoy close proximity to world-class West Side beaches, local mountain trails, dining, shopping, and all the everyday amenities of the vibrant Waianae community. Don't miss this outstanding opportunity to acquire immediate equity, space, and versatility in a prime Leeward location. View 3D tours, video, and photos via the virtual tour link.

87-609 Manuu Street, Waianae

Listing courtesy of Team Lally.

$975,000
202615461 MLS ⋅ FS - Fee Simple Tenure
Finally! Your home with the white picket fence. A true gem on the Waianae Coast! This unique property has two newly renovated homes on a very spacious lot, creating endless possibilities for your extended family or a possible investment. The first home is a one-level, two-bedroom, one-bath with a large indoor laundry/ storage off of the kitchen. Multiple Split ac/s adds comfort on those hot days & an outdoor shower for your convenience after that day at the beach. A Large front porch to enjoy spectacular sunsets and a fully enclosed wrap-around yard perfect for family or pets. The main home is actually a five-bedroom, two-bath single-level with an indoor laundry room /powder room off of the kitchen as well. Both homes feature vinyl flooring, new cabinet/counter tops, upgraded white vinyl sliding windows, recessed lighting, ACs, smooth Level 10 drywall finish, brand new appliances (Main), vertical siding, individual enclosed yards, and upgraded electrical/plumbing. Conveniently located across a beach park, on bus routes, near schools, stores, a golf course, and restaurants.

85-050 Farrington Highway, Waianae

Listing courtesy of Advantage Properties Unlimited.

$590,000
4 Beds ⋅ 2 Baths ⋅ 202614304 MLS ⋅ FS - Fee Simple Tenure
Welcome to 84-871 Lahaina St — a legal two-family duplex offering incredible flexibility on Oahu's sunny Leeward coast! Live on one side and rent the other, or generate income from both. Each unit lives like its own home with a fully fenced private yard, two tandem parking stalls (one covered, one uncovered), plus ample street parking. Solid CMU block construction keeps the interiors naturally cool year-round, while 10 leased solar panels and a Tesla battery help tame energy costs. The location is unbeatable: stroll to Papaoneone Beach — the white-sand cove locals call Turtle Beach or Cabanas — and take in world-famous Makaha Beach, legendary for its surf, just minutes away. Whether you're after a multigenerational home, a smart investment, or the ultimate island lifestyle, this versatile property delivers. Don't miss your chance to own a piece of paradise at an affordable price. Bring all offers!

84-871 Lahaina Street, Waianae

Listing courtesy of eXp Realty.

$1,400,000
202614924 MLS ⋅ FS - Fee Simple Tenure
Rare investment opportunity featuring four detached single-family homes on an R-5 zoned lot. Ideal for investors, 1031 exchange buyers, or multi-generational living, this versatile property combines steady cash flow, privacy, and long-term value creation. The property includes two 3-bedroom and two 2-bedroom residences. Each home boasts its own private fenced yard and dedicated parking, providing tenants with single-family independence. Operating expenses remain exceptionally low as tenants pay all utilities—including water, sewer, gas, and electricity. Turnkey performance meets huge upside. Units A (3-bed) and B (2-bed) were renovated in 2025, commanding top-of-market rents. Currently operating at a 5.06% cap rate on $74,640 in annual income, bringing below-market units to prevailing rates unlocks an extra $15,600 annually, pushing the potential cap rate to 6.12%. Don't miss this well-maintained, high-yield asset!

84-916 Hanalei Street, Waianae

Listing courtesy of Asian Pacific Investments LLC.

$2,900,000
202613635 MLS ⋅ FS - Fee Simple Tenure
RARE OPPORTUNITY! Discover the endless possibilities with this over 12-acre level agricultural-zoned property featuring two well-built single-family homes, perfect for multi-generational living, rental income, farming, or creating your own private estate. The first residence offers 4 bdrms/2 baths with 1,875 sq. ft. of interior living space and a spacious open-concept kitchen—ready for your personal touches. The second home features 3 bdrms/3 baths with 2,164 sq. ft. of tastefully renovated int. living space. Enjoy its bright open floor plan, luxury vinyl plank flooring, and high vaulted ceilings that create an inviting and modern living experience. With AG zoning, you gain added flexibility—grow crops, raise livestock, expand agricultural operations, or explore other permitted uses that offer potential income generation. The expansive acreage provides privacy, open space, and the opportunity to design the lifestyle you’ve always dreamed of. Don’t miss this unique chance to own a truly exceptional property with room to live, grow, and thrive!

87-1087 Apuupuu Road, Waianae

Listing courtesy of REMAX Hawaii.

$1,500,000
202613418 MLS ⋅ FS - Fee Simple Tenure
Rare Investment Opportunity - 5 houses on R-5 Zoned Lot. Dont miss your chance to own a multi-family property. Ideal for investors or multi-generational living! Tenant pays own electric. unit is subject to Probate with permission to sell. Annual income and expenses provided are estimates. Units are be sold As-Is, Where-Is. Buyer to do their own Due Diligence regarding the property. Owner will not pay for Termite treatment.

87-134 Kahau Street, Waianae

Listing courtesy of Inga's Realty, Inc..

$1,600,000
15 Beds ⋅ 6 Baths ⋅ 202612022 MLS ⋅ FS - Fee Simple Tenure
Great investment property. Four houses on over 1/2 acre lot. Five rental units. Convenient location. Next to public park and elementary school. Walking distance to shops, restaurants etc. Live on one unit and rent the other 4 units. Rental income should pay your mortgage. Potential for development. Recently remodeled. New electrical wiring on the main front house.

85-824 Lihue Street, Waianae

Listing courtesy of Fogarty Realty, Inc..

$1,950,000
202611506 MLS ⋅ FS - Fee Simple Tenure
Exceptional investment opportunity to acquire a six-unit residential portfolio consisting of six individual CPR units under separate TMKs (TMK 1-8-7-001-016: Units #2 through #7). This rare package offers investors the ability to purchase multiple income-producing units together under one ownership. The portfolio includes a mix of occupied and vacant units plus a vacant lot with 5000 sq ft lot, providing immediate rental income with additional upside potential through leasing and future value enhancement. Each unit has its own designated TMK and may offer flexibility for future investment strategies. Individual units are also available for sale under separate MLS listings. Portfolio includes: * Unit #2 – TMK 1-8-7-001-016-0002 MLS#202604530 * Unit #3 – TMK 1-8-7-001-016-0003 MLS#202604539 * Unit #4 – TMK 1-8-7-001-016-0004 MLS#202604705 * Unit #5 – TMK 1-8-7-001-016-0005 MLS#202604713 * Unit #6 – TMK 1-8-7-001-016-0006 MLS#202604725 * Unit #7 – TMK 1-8-7-001-016-0007 MLS#202604727 (vacant lot) A unique opportunity for investors seeking to expand their Hawaii real estate portfolio with a multi-unit residential investment.

87-154 Kakalena Street Unit CPR 2-7, Waianae

Listing courtesy of Team Real Estate, Inc..

$1,895,000
15 Beds ⋅ 8 Baths ⋅ 202610829 MLS ⋅ FS - Fee Simple Tenure
PRICE ADJUSTMENT! RARE 4-PERMITTED-UNIT INVESTMENT OPPORTUNITY IN MAKAHA! Situated on approximately 1 acre, this unique income-producing property features 4 permitted residential units, all extensively renovated, offering a turnkey opportunity for investors, multi-generational living, or an owner-occupant seeking rental income. Approximately 4,384 SQ FT, 15 bedrooms, 7.5 bathrooms, and parking for approximately 14+ vehicles. Currently generating approximately $9,900/month, with projected gross rental income of approximately $13,500/month ($162,000/year) when fully occupied. Four permitted units + 1 acre + extensive renovations + strong income potential - a rare combination on Oahu. Must see to appreciate the value and possibilities this property offers!

84-290 Makaha Valley Road, Waianae

Listing courtesy of SC Realty, LLC.

$748,000
5 Beds ⋅ 2 Baths ⋅ 202609507 MLS ⋅ FS - Fee Simple Tenure
Welcome to this beautifully renovated multi-dwelling property featuring a 3-bedroom, 1-bath main home plus a 2-bedroom, 1-bath ADU—perfect for owner-occupants or savvy investors. Each unit has separate electric and water meters, offering flexibility and convenience. Ideal for living in one unit while renting the other for additional income, this property has been thoughtfully updated throughout. Recent improvements include a brand-new kitchen, new appliances, new flooring, fresh interior and exterior paint, new bathroom showers, and a brand-new roof. Enjoy ample parking with plenty of space for multiple vehicles. Located in Nanakuli, this versatile property is a great opportunity for first-time homebuyers, extended family living, or investors seeking strong rental potential. Don’t miss this move-in-ready, income-producing gem!

87-1777 Mohihi Street, Waianae

Listing courtesy of New Homes Realty LLC.

$1,575,000
202605176 MLS ⋅ FS - Fee Simple Tenure
Brand new multi-family opportunity in the heart of Waianae! This property features two separate 3-bedroom, 2-bath units, each offering approximately 1,200 sq ft of interior living space plus a 400 sq ft two-car garage. Thoughtfully designed with modern construction and connected to City water and sewer. Each unit provides spacious living areas, functional layouts, and the convenience of individual garages. The garage spaces offer potential flexibility and may be converted into additional living area or ADU-style space (buyers to perform their own due diligence). Located just minutes from some of the most iconic beaches on the Waianae Coast, enjoy easy access to ocean activities, beautiful sunsets, and the relaxed west side lifestyle. Dining and entertainment are nearby at 604 restaurant + Provisions at Pokai Bay. According to current housing payment standards, 3-bedroom Section 8 vouchers in the area are approximately $3,300 per month (buyers to verify with the housing authority), making this an attractive property for investors seeking strong rental potential. CPR maps and architectural drawings are available. Estimated construction completion is end of June.

85-1020 Mill Street Unit A & B, Waianae

Listing courtesy of NextHome All Islands.

$685,000
3 Beds ⋅ 3 Baths ⋅ 202607160 MLS ⋅ FS - Fee Simple Tenure
Experience the charm of island living in Maili Sea-Makalae, better known as Sea Country! This 3-bedroom, 2.5-bath home features a functional layout with all bedrooms upstairs and an open-concept living area downstairs, central AC, ceiling fans throughout and 2 car garage, perfect for everyday family life. Upstairs, you’ll find all bedrooms including a primary suite with dual sinks. Downstairs, the kitchen area features vinyl plank flooring, the living room features laminate flooring, and a convenient half bath, a layout designed for both relaxing and entertaining. Enjoy one of the best features of this home, no rear neighbors! Step outside to your rear lanai and spacious yard, perfect for enjoying peaceful mornings or sunset evenings. Enjoy a well-maintained community with a pool, park, and nearby store, all for just an $80/month community association fee, keeping the neighborhood enjoyable without high costs. Close to beaches and hiking trail. Although home may need some TLC, it's a perfect starter home at a great price point or investment property. TENANT OCCUPIED. Please do not disturb tenants on property. **Sold “AS IS”**

87-1719 Mokila Street, Waianae

Listing courtesy of Royal Realty LLC.

$1,765,000
202606722 MLS ⋅ FS - Fee Simple Tenure
ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Multi-unit income-producing property in Waianae generating $11,271/month in rental income with a current 6.9% CAP rate and potential to increase to 8%. The 4-bedroom unit is currently rented at $2,500/month, while 2026 City & County Section 8 guidelines show potential rents up to $3,997/month. Monthly expenses remain low with property taxes at approximately $304/month and combined water/electric averaging about $1,100/month. Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future flexibility and value. Property is also CPR-able, creating additional upside and multiple exit strategies. Conveniently located near beaches, shopping, schools, parks, and dining, including Pokai Bay and Tamura’s Market, making it attractive for long-term tenants and owner-occupants alike. VA financing may be possible. Strong income. Value-add potential. Multiple exit strategies. Don’t miss this opportunity!

84-956 Hanalei Street, Waianae

Listing courtesy of NextHome All Islands.

$219,000
3 Beds ⋅ 1 Baths ⋅ 202606060 MLS ⋅ LH - Leasehold Tenure ⋅ Ulu Wehi BLDG.
Welcome home to an affordable 3-bedroom/1 bath duplex that’s perfect for first-time buyers. Enjoy easy single-level living, a spacious 3,193 sq. ft. lot, a 2-car carport, and a fully fenced backyard—ideal for pets, play, or hosting friends. The lease rent is just $70.16/month, with a scheduled increase to $91.25/month from July 1, 2027 through June 30, 2031. For added long-term value, the lease may be extended to 2055 (See Supplements for Extended Lease Terms and Special Assessment $127.00/month to November 2026). Eligible for multiple financing options, including FHA Spot loans and Conventional loans. Tenant is on a Month-to-Month Lease, 2 days notice is required for all showings.

85-209 Ala Akau Street Unit G, Waianae

Listing courtesy of West Beach Realty, Inc..

$625,000
202603412 MLS ⋅ FS - Fee Simple Tenure
Great opportunity for investor/home buyer. This listing offers two homes on approx 10,000 sq ft of land, one two bedroom one bath unit and one three bedroom 1 bath unit. You can live in one and rent out the other! Separate electrical meters, shared water/sewer meter. Addresses are 84-960 & 84-960C Lahaina Street. Listing to be sold "As-Is, Where-Is". Buyer to verify all and do own due diligence. Tax records do not reflect actual number of bedrooms.

84-960 Lahaina Street, Waianae

Listing courtesy of Inga's Realty, Inc..

$825,000
5 Beds ⋅ 3 Baths ⋅ 202600198 MLS ⋅ FS - Fee Simple Tenure
Price Reduced! Stop Renting and Start Building Equity! No HOA! This beautiful brand-new home with 5-bedrooms, 3-bath in Maili is designed for multi-generational living. This home offers flexible layout to accommodate guests or maybe an opportunity to generate rental income if needed. The upper level features 3-bedrooms, 2-bath, and a full kitchen with stainless steel appliances. The lower level includes 2-bedrooms, 1-bath, and a wet bar. Parking accommodates up to 4 vehicles, with possible additional side parking. Conveniently located near Maili Elementary School, within walking distance to the beach, and a short drive to Ko Olina and Kapolei for shopping and dining. Schedule your showing today and imagine starting your next chapter in a brand-new home!

87-102 Kulaaupuni Street Unit 2, Waianae

Listing courtesy of Locations LLC.

$1,450,000
202528273 MLS ⋅ FS - Fee Simple Tenure
Rare opportunity to own nearly four and a half acres of prime land in Waianae, Hawaii, offering exceptional flexibility for a private island lifestyle with mountain views. This expansive property features multiple potential building sites, each with separate access, ideal for creating a multi-dwelling estate, family compound, or income-producing retreat. The land is well-suited for equestrian use, with ample space for horses, stables, and riding or walking paths, while still preserving privacy and open views. Numerous mature trees provide natural shade, beauty, and a serene atmosphere throughout the property. Enjoy the freedom to design your dream lifestyle—whether agricultural, recreational, or residential—in a peaceful rural setting just minutes from beaches and Waianae town amenities.

87-879 Apuupuu Road, Waianae

Listing courtesy of Keller Williams Honolulu.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.