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$1,999,000
15 Beds 8 Baths 202610829 MLS FS - Fee Simple Tenure
Great investment opportunity to own a beautiful 1-acre, fully permitted multi-unit, income-producing property located in the peaceful Makaha Valley! Property has 3 legal structures that were fully remodeled in 2024 & 2026: 1) 4 bed/ 2.5 bath main house with window A/C in the bedrooms 2) two-story concrete building - 5 bed/ 2 bath upstairs unit & 5 bed/ 2 bath downstairs unit 3) one-bedroom cottage with a detached single bedroom. This property currently generates $9,900 per month in rental income from three occupied units, with one additional vacant unit projected at $3,600 per month based on current market rent. Upon full occupancy, the projected gross rental income is $13,500 per month, or $162,000 annually. Because all units are legally permitted, the property should be evaluated not only by comparable residential sales, but also by its income-producing capability using an income approach. Lots of parking. Large deck to relax and entertain in the spacious backyard with mango trees and other fruit trees. Property is on cesspool. Near beaches, gas stations, bus lines. Tax records may not match, some unpermitted areas but original structures legal. Property to be sold AS IS.

84-290 Makaha Valley Road, Waianae

Listing courtesy of SC Realty, LLC.

$1,425,000
6 Beds 4 Baths 202607648 MLS FS - Fee Simple Tenure
*MUST SEE VIRTUAL TOUR/VIDEO!* Welcome to a rare opportunity in magical Makaha—where breathtaking mountain views meet the tranquility of West Oahu living. Nestled on a spacious lot at 84-554 Upena Street, this property captures island living with lush surroundings, open skies, and a peaceful setting just moments from the ocean. A hidden beach access path nearby leads to a secluded stretch of sand beside Makaha Beach, offering added privacy and fewer crowds.The main residence features a generous 5-bedroom, 2-bath layout designed for flexibility—ideal for extended living, hosting, working from home, or creating dedicated spaces. A fully renovated, self-contained studio with modern finishes is perfect for guests, rental income, or a private retreat. Pride of ownership shines throughout, from well-maintained interiors to expansive outdoor areas. The oversized yard is ideal for entertaining or relaxing while enjoying the stunning Waianae mountain views and open skies. Additional highlights include solar power, a secure electric front gate, two street frontages, and a Ring security system. Experience comfort, versatility, and island serenity in one of West Oahu’s most scenic settings.

84-554 Upena Street, Waianae

Listing courtesy of Compass.

$849,000
8 Beds 3 Baths 202528314 MLS FS - Fee Simple Tenure
Welcome home to this well-maintained, architect-designed residence in the heart of Waianae. Built specifically for multi-generational living, this versatile property offers a functional and flexible layout with bright interiors, abundant natural light, and refreshing trade winds throughout. The first level features two separate units, while the second floor offers a spacious three-bedroom unit—ideal for extended families, owner-occupants seeking rental income, or investors. Currently occupied by reliable month-to-month tenants, the property generates approximately $4,400+ in monthly rental income, providing immediate flexibility and strong income potential in today’s market. Situated on a generous lot with a spacious yard, there’s ample room for outdoor entertaining, gardening, or future expansion. Conveniently located near beaches, schools, shopping, and community amenities, that offers lifestyle and practicality. A rare opportunity to live in one unit while generating income, or to comfortably accommodate a large or extended family. Don’t miss this opportunity to own a versatile, income-producing property in a growing community. The house is a single family house with 3 units.

84-873 Hanalei Street, Waianae

Listing courtesy of OahuRE.com.

$1,499,000
8 Beds 4 Baths 202528276 MLS FS - Fee Simple Tenure
Nestled on a 1-acre lot between the mountains and the ocean, this LIKE NEW property offers the best of island living—space, serenity, and stunning natural surroundings. The house has been EXTENSIVELY RENOVATED in 2025 with recessed lighting, double paned windows, vinyl plank flooring, carpet in bedrooms, new bathrooms and kitchens w/ stainless steel appliances and quartz countertops! With 3 bedrooms and 2 baths downstairs and 4 bedrooms and 2 baths upstairs, this house offers endless possibilities - rent out one floor and live in the other, multi-generational living, or care home potential. The downstairs and upstairs have 2 separate outdoor entrances, no interior access between floors. You will feel like you are in a brand new house! Roof was just done in 2024 and has 39 OWNED PV panels on it for a low electric bill. 7 bedrooms total between the 2 floors, tax map records say 8. Bedrooms are spacious and most have mountain views. The upstairs living room has a peek-a-boo ocean view. The generous lot provides endless possibilities, whether you envision lush gardens, or room to expand. A short drive to Makaha beach. Some photos are anhanced.

84-1036 Noholio Road, Waianae

Listing courtesy of Coldwell Banker Realty.

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.