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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
Body Surfing
Tow-in Surfing
Near beaches
Near parks
Golf
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Hanalei St street homes for sale Waianae | Oahu

Living in Hanalei St

Multi-Family Home
$1,765,000
ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Don’t miss this income-producing multi-unit property in Waianae generating $10,971/month in rental income with a solid 6.5% cap rate. Monthly expenses remain low with property taxes at just $304/month and combined water/electric averaging $1,100/month, creating excellent cash flow potential. 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 value and flexibility. This property is also CPR’able, offering potential for additional upside and exit strategies. Conveniently located near beaches, shopping, schools, and dining in Waianae, making it attractive to long-term tenants. Just minutes to Pokai Bay, Tamura’s Market, and local parks. Financing options include VA loan eligibility, making this a rare opportunity for both investors and owner-occupants. Strong income. Value-add potential. Multiple exit strategies. Secure your next investment today!
Virtual Tour
Home
8 bd
2,969 sqft
$849,000
8
bd
2,969
sqft
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.
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$1.55m  $50,000
Makaha
84-916 Hanalei Street, Waianae
Multi-Family Home
$1,550,000  $50,000
Rare Investment Opportunity – 4 Homes on R-5 Zoned Lot! Don't miss your chance to own this exceptional multi-family property featuring four detached single-family homes on one lot. Ideal for investors or multi-generational living! This property consists of 2 - 3 bedroom homes and 2 - 2 bedroom homes each with their own private fenced yards and dedicated parking. Tenants pay all utilities (water, sewer, gas and electric). This well-maintained property offers both stability and upside. Unit #A which is a 3 - bedroom home and unit #B which is a 2 - bedroom home have both been newly renovated in 2025. Perfect for savvy investors seeking strong cash flow, multi-family compound buyers who want privacy and flexibility or 1031 exchange buyers looking for stable, appreciating assets.
1 – 3 of 3 homes for sale
  1. Hawaii
  2. Oahu
  3. Waianae
  4. Hanalei St

Lifestyle & outdoors In Hanalei St

2 surf spots in this area

Makaha
Type: surfing
Turtle Beach
Type: body-surfing
Papaoneone Beach, Makaha, Wai'anae 1-5

5 parks in this area

Upena Street

Moua Street

Makaha Community Park

Mauna Lahilahi Botanical Garden

Mauna Lahilahi Beach Park

2 beaches in this area

Unnamed beach

Unnamed beach

1 golf course in this area

Makaha Golf Course

Essentials in Hanalei St

Farmers market is about 7 min drive
Supermarket is about 7 min drive
Airport is about 31 min drive
Hospital is about 28 min drive
Costco is about 27 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Hanalei St

11 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Living in Hanalei St Hanalei St is a street

Supermarkets are about 7 min drive, the nearest Hospital is about 28 min drive and the airport is about 31 min drive.

Hanalei St is somewhat walkable.

There are 5 parks in this area, and 2 public beaches. Nearby lifestyles include surfing, body surfing and golf.

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