Turnkey Investment Opportunity! This 3 bedroom, 1.5 bath, 2 story townhome was recently renovated in 2023, bringing in current rents of $2600 a month on a lease that expires 11/30/2025. Enjoy both a large, enclosed backyard with papaya and starfruit trees and an enclosed front yard with ample storage. Home is in close proximity to shopping, public transportation, restaurants, schools and beaches. Options to extend the lease to 12/31/2055 allow this leasehold property to receive traditional financing, bringing affordable home ownership and investing into reach. Submit your offer today and get on the path of owning your piece of paradise.
Active
$225,000
85-200 Ala Hema St APT B, Waianae, HI 96792
3beds
951sqft
Est.:
Townhouse
Built in 1974
-- sqft lot
$218,600 Zestimate®
$237/sqft
$286/mo HOA
What's special
- 148 days
- on Zillow |
- 1,448 |
- 57 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2025 at 02:12pm
Listed by:
Danielle K Butler 808-450-4502,
Talk Realty LLC
Source: HiCentral MLS,MLS#: 202506965

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Flooring: Ceramic Tile, Vinyl
Interior area
- Total structure area: 951
- Total interior livable area: 951 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
Details
- Parcel number: 1850270560000
- Zoning description: 05 - R-5 Residential District
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Architectural style: Multi-Level
- Property subtype: Townhouse
Materials
- Hollow Tile, Wood Frame
Condition
- Average Condition,Excellent,Good Condition
- New construction: No
- Year built: 1974
- Major remodel year: 2023
Community & HOA
Community
- Subdivision: Waianae
HOA
- Amenities included: Management
- Services included: Common Areas, Hot Water, None, Sewer, Water
- HOA fee: $286 monthly
Location
- Region: Waianae
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $288,600
- Annual tax amount: $815
- Date on market: 3/15/2025
- Inclusions: Ceiling Fan, Disposal, Range Hood, Range/Oven, Refrigerator, Smoke Detector, Water Heater
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