Oceanfront
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47-745 Kamehameha Hwy, Kaneohe, HI 96744
3 min drive to Waiahole/Waikane Nature Preserve
28 min walk to the beach
About lifestyles
Oceanfront 4-Plex Investment in Kaneohe!
An exceptional investment opportunity awaits with this oceanfront 4-plex in Kaneohe, offering four 1-bedroom, 1-bathroom units, each with separate electric meters and outdoor storage. Fully rented and generating steady income, this property is perfect for investors seeking a turnkey opportunity in a prime location. With direct ocean access, tenants can enjoy kayaking, paddleboarding, and serene views of Kaneohe Bay. Seller intends to sell together with neighboring single-family home as a package, MLS 202423481, TMK: 1-4-7-017-013. Imagine waking up to the gentle sound of the ocean, enjoying serene sunrises over Kaneohe Bay, and having direct access to the water for kayaking, paddleboarding, or just relaxing by the shore. Conveniently located near shops, dining, and outdoor activities, this oceanfront package offers the best of Hawaii’s lifestyle and is an exceptional investment opportunity. Don’t miss your chance to own these prime oceanfront assets in one of Oahu’s most desirable areas!
Click link for more pictures, videos and floor plans!
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Multi-family details
1958 year built
- Year Built 1958
- Year Remodeled 1988
- Original list price $1,799,000
- Days on market 78
- Building type Fourplex,Multi Dwellings
-
Address
47-745 Kamehameha Hwy, Kaneohe, HI, 96744
- Frontage Ocean
- Neighborhood Kaalaea
- Land tenure FS - Fee Simple
- Land SqFt 4,491 sqft
- View Coastline, Ocean, Sunrise, Sunset
- Virtual Tour View (external link)
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$9,173
Taxes
$434
HOA dues
$0
Mortgage
Down payment
$359,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$9,173 / month
Neighborhood: Kaalaea
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
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no data
High school
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no data
Local airport
—
no data
10.67 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Unit Information
4 total units
# of 1 Bd
4
# of 2 Bd
0
# of 3 Bd
0
Total Units
4
Amenities & Features
4 parking places
Stories
One
Roof
Composition
Construction
Above Ground
Utilities
Gas, Overhead Electricity, Water
Property Condition
Excellent
Parking
Assigned
nr.of parking places
4
Amenities
Other, Storage
Income
Net Operating Income: $65,299
Total Actual Rent
$10,885
Total Annual Operating Expenses
$32,666
Total Income
$97,965
Net Operating Income
$65,299
Kaalaea prices
Average price $781.58k
Neighborhood average sales price*
$781.58k
Neighborhood median sales price*
$650k
Number or sales*
19
Street median sales price*
$698k
Median sale price Naniwa Gardens*
$624k
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
Elementary School
|
0.737mi |
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
Middle School
|
0.737mi |
| out of 10 |
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
High School
|
4.465mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
0.737mi |
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
1.224mi |
| out of 10 |
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
2.38mi |
| out of 10 |
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
4.069mi |
|
St Ann's Model Schools
46 Haiku Road,
Kaneohe, HI 96744
|
4.208mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
0.737mi |
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
1.224mi |
| out of 10 |
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
2.38mi |
| out of 10 |
Governor Samuel Wilder King Intermediate School
46155 Kamehameha Hwy,
Kaneohe, HI 96744
|
3.665mi |
| out of 10 |
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
4.069mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
|
4.465mi |
| out of 10 |
Castle High School
45386 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
5.442mi |
|
Koolau Baptist Academy
Po Box 1642,
Kaneohe, HI 96744
|
5.55mi | |
|
Ke Kula O Samuel M Kamakau - A Laboratory Public Charter School
45037 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
5.742mi | |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
6.883mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Oct 7, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 7, 2024 | New Listing | $1,799,000 +2.8% | 0 | MLS #202423474 |
| Sep 4, 2024 | Cancelled | $1,750,000 | 0 | MLS #202407002 |
| Mar 25, 2024 | New Listing | $1,750,000 +133.33% | 0 | MLS #202407002 |
| Feb 2, 2007 | Cancelled | $750,000 | 0 | MLS #2616596 |
| Oct 25, 2006 | Back On Market | $750,000 | 0 | MLS #2616596 |
| Sep 6, 2006 | Active Under Contract | $750,000 | 0 | MLS #2616596 |
| Sep 6, 2006 | New Listing | $750,000 -5.06% | 0 | MLS #2616596 |
| Jul 13, 2006 | Cancelled | $790,000 | 0 | MLS #2521519 |
| Jul 10, 2006 | Active Under Contract | $790,000 | 0 | MLS #2521519 |
| May 9, 2006 | Price Decrease | $790,000 -5.39% | 0 | MLS #2521519 |
| Apr 7, 2006 | Price Decrease | $835,000 -1.76% | 0 | MLS #2521519 |
| Jan 31, 2006 | Back On Market | $850,000 | 0 | MLS #2521519 |
| Jan 4, 2006 | Active Under Contract | $850,000 | 0 | MLS #2521519 |
| Dec 12, 2005 | New Listing | $850,000 +26.87% | 0 | MLS #2521519 |
| May 24, 2005 | Sold | $670,000 +3.88% from last sold price | 0 | Public Record |
| Apr 22, 2005 | In Escrow - not showing | $645,000 | 0 | MLS #2503416 |
| Apr 1, 2005 | Active Under Contract | $645,000 | 0 | MLS #2503416 |
| Mar 28, 2005 | Back On Market | $645,000 | 0 | MLS #2503416 |
| Mar 18, 2005 | Active Under Contract | $645,000 | 0 | MLS #2503416 |
| Mar 8, 2005 | New Listing | $645,000 | 0 | MLS #2503416 |
Tax & MLS details 47-745 Kamehameha Hwy, Kaneohe, HI, 96744
05 - R-5 Residential District zoning / MLS #202423474
Current Property Taxes p/month
$434
Property Tax Year
2024
Assessed Improvement value
$825,200
Assessed Land value
$658,200
TMK
1-4-7-017-014-0000
Land Recorded
Land Court
Zoning
05 - R-5 Residential District
Flood Zone
Zone AE
Topography
Level
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$1,483,400
Listed by
Vylla Home
(808) 357-7712
(808) 357-7712
MLS #
202423474
Hawaii House tour report for this multi-family home
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Recently sold nearby 47-745 Kamehameha Hwy in Kaalaea
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Frequently asked questions for 47-745 Kamehameha Hwy
When was this multi-family home built and last sold?
This house was build in 1958.
What is the full address of this multi-family home?
47-745 Kamehameha Hwy, Kaneohe, HI, 96744.
Are there beaches near 47-745 Kamehameha Hwy?
The nearest beach is 0.767 miles away. It should take about 28 min walk.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Vylla Home. 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 December 05, 2024.
Hawaii House Last checked 1 minute ago.
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