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87-1205 Paakea Road Waianae - Multi-family - photo 2 of 2
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87-1205 Paakea Road, Waianae, HI, 96792
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87-1205 Paakea Road, Waianae, HI 96792

$1,800,000 Multi-Family Home for sale 3,261 sqft Neighborhood:  Maili
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 addresses (87-1205 Paakea Rd, 87-1209 Paakea Rd, 87-1213 Paakea Rd, & 87-1217 Paakea Rd), all currently occupied by long-terms and great tenants. Additionally, the property generates monthly income from solar panels. Don't miss out on the chance to own this rare and great investment property with four single family homes!
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Multi-family details

1940 year built
  • Year Built 1940
  • Year Remodeled 1975
  • Days on market 142
  • Price per sqft $552/sqft
  • Address

    87-1205 Paakea Road, Waianae, HI, 96792

  • Frontage Other
  • Neighborhood Maili
  • Land tenure FS - Fee Simple
  • Land SqFt 192,545 sqft
  • View Mountain

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$9,178
Taxes
$547
HOA dues
$0
$9,725 per month
Mortgage
Down payment
$360,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $9,178 / month

Neighborhood: Maili

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
11.33 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Unit Information

4 total units
# of 1 Bd
0
# of 2 Bd
0
# of 3 Bd
0
Total Units
4

Amenities & Features

4 parking places
Stories
One
Furnished
None
Construction
Above Ground
Utilities
Gas, Public Water
Property Condition
Average
Parking
None
nr.of parking places
4
Amenities
None

Income

Total Actual Rent
Total Annual Operating Expenses
Total Income
Net Operating Income

Maili prices

Average price $1.35m
Neighborhood average sales price*
$1.35m
Neighborhood median sales price*
$927.5k
Number or sales*
218
Median sale price 801 South St*
$685.94k
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Maili Elementary School
87360 Kulaaupuni St, Waianae, HI 96792
Elementary School
1.625mi
NR
Maili Elementary School
87360 Kulaaupuni St, Waianae, HI 96792
Middle School
1.625mi
NR
Maili Bible School
87-138 Gilipake Street, Waianae, HI 96792
High School
1.674mi
School rating Distance
NR
Maili Elementary School
87360 Kulaaupuni St, Waianae, HI 96792
1.625mi
NR
Maili Bible School
87-138 Gilipake Street, Waianae, HI 96792
1.674mi
NR
Nanakuli Elementary School
89778 Haleakala Ave, Waianae, HI 96792
2.066mi
NR
Nanaikapono Elementary School
89153 Mano Ave, Waianae, HI 96792
2.097mi
NR
Ka Waihona O Ka Naauao - New Century Public Charter School
89195 Farrington Hwy, Waianae, HI 96792
2.295mi
School rating Distance
NR
Maili Elementary School
87360 Kulaaupuni St, Waianae, HI 96792
1.625mi
NR
Maili Bible School
87-138 Gilipake Street, Waianae, HI 96792
1.674mi
NR
Nanakuli Elementary School
89778 Haleakala Ave, Waianae, HI 96792
2.066mi
NR
Nanakuli High & Intermediate School
89980 Nanakuli Ave, Waianae, HI 96792
2.081mi
NR
Nanaikapono Elementary School
89153 Mano Ave, Waianae, HI 96792
2.097mi
School rating Distance
NR
Maili Bible School
87-138 Gilipake Street, Waianae, HI 96792
1.674mi
NR
Nanakuli High & Intermediate School
89980 Nanakuli Ave, Waianae, HI 96792
2.081mi
NR
Kamaile Academy
85180 Ala Akau St, Waianae, HI 96792
4.2mi
NR
Waianae High School
85251 Farrington Hwy, Waianae, HI 96792
4.335mi
NR
Island Pacific Academy
909 Haumea Street, Kapolei, HI 96707
7.109mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Apr 14, 2006
Date Event Price $/sqft Source
Apr 14, 2006 Sold $696,000 $213.43 Public Record
Apr 14, 2006 Sold $696,000 -22.66% from last sold price $213.43 Public Record
Mar 14, 2006 Active Under Contract $899,900 $275.96 MLS #2602754
Mar 14, 2006 In Escrow - still showing $899,900 $275.96 MLS #2602679
Feb 6, 2006 New Listing $899,900 +29.3% $275.96 MLS #2602754
Feb 3, 2006 New Listing $899,900 $275.96 MLS #2602679
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Tax & MLS details 87-1205 Paakea Road, Waianae, HI, 96792

MLS #202516520
Current Property Taxes p/month
$547
Assessed Improvement value
$731,300
TMK
1-8-7-019-036-0000
Flood Zone
Zone X
Topography
Level
Lot Description
Other
Total Assessed value
$1,825,300
Listed by
Julieanne Lam Phan
(562) 218-7601
MLS #
202516520
Hawaii House tour report for this multi-family home
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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As soon as we do, we post it here.

Similar homes nearby 87-1205 Paakea Road in Maili

Recently sold nearby 87-1205 Paakea Road in Maili

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Frequently asked questions for 87-1205 Paakea Road

When was this multi-family home built and last sold?

This house was build in 1940.

What is the full address of this multi-family home?

87-1205 Paakea Road, Waianae, HI, 96792.

Are there beaches near 87-1205 Paakea Road?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Julieanne Lam Phan. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on July 31, 2025.
Hawaii House Last checked 2 minutes ago.

Multi-Family Home for sale $1,800,000 87-1205 Paakea Road, Waianae, HI, 96792 3,261 sqft Save House Remove from Saved