Rainbowsandhomes.com Search Results

Oceanfront 5 bedroom each with its own private exterior entrance; 6 bathrooms; 2-car garage; laundry room; pool; covered carport; expansive yard; beach sand area; large workshop with windows; & gated entry. Plenty of room to park 10+ vehicles, and boats and jet skis. Current tenant paying rent year-round but rarely stays at the property and also serves as the on-site management/caretaking contact. Tenant currently pays water/sewer, electricity, cable, repairs, yard maintenance and pool service. The owner just pays property taxes and insurance. World-famous Makaha’s sandy beach is a short walk along the seawall. Makaha Valley Country Club’s 18-hole golf course and Lilikoi Lounge Restaurant are approximately 3 miles away. Honolulu International Airport is approximately 31 miles away, and Waikiki is approximately 39 miles away. 19,008 sqft of fee-simple slightly elevated lava-rock foundation and is reported to be outside a designated flood zone. No flood insurance required by lenders. Request the survey, inspection report dated August 25, 2026, Sentricon termite warranty, and building plans from the 2000 remodel. See the attached virtual tour home/location video. Sold As-Is.

202616618 MLS ⋅ FS - Fee Simple Tenure

Oceanfront 5 bedroom each with its own private exterior entrance; 6 bathrooms; 2-car garage; laundry room; pool; covered carport; expansive yard; beach sand area; large workshop with windows; & gated entry. Plenty of room to park 10+ vehicles, and boats and jet skis. Current tenant paying rent year-round but rarely stays at the property and also serves as the on-site management/caretaking contact. Tenant currently pays water/sewer, electricity, cable, repairs, yard maintenance and pool service. The owner just pays property taxes and insurance. World-famous Makaha’s sandy beach is a short walk along the seawall. Makaha Valley Country Club’s 18-hole golf course and Lilikoi Lounge Restaurant are approximately 3 miles away. Honolulu International Airport is approximately 31 miles away, and Waikiki is approximately 39 miles away. 19,008 sqft of fee-simple slightly elevated lava-rock foundation and is reported to be outside a designated flood zone. No flood insurance required by lenders. Request the survey, inspection report dated August 25, 2026, Sentricon termite warranty, and building plans from the 2000 remodel. See the attached virtual tour home/location video. Sold As-Is.

84-581 Upena Street, Waianae

Listing courtesy of Brinkman Properties LLC.

$590,000

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!

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

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!

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.

$1,765,000

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!

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.

$625,000

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.

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..

How much is your home worth?

How much is your home worth?

Rainbows and Homes, Inc.