Exceptional Investment Opportunity! Situated on 12,420 SF of A-2 zoned land, the property features ten units within four recently renovated dwellings—three duplexes and one fourplex. The fully hollow-tile fourplex consists of four 2-bed, 1-bath units, while one duplex includes a 3-bed, 1-bath unit and a 2-bed, 1-bath unit. Another duplex offers two 2-bed, 1-bath units, and the final duplex includes two 3-bed, 1-bath units. Currently, rented well below market value, this property offers incredible income potential. Designed for efficiency, all units are separately metered for electricity, and a coin-operated laundry room provides additional revenue. The property also includes 18 parking stalls. All structures were built between 1934 and 2009. With Bill 7 incentives, there is potential to develop up to 120 units or utilize standard A-2 zoning for flexibility and redevelopment. Whether you're looking to increase rental income, reposition the asset, or hold for long-term appreciation, this property offers endless possibilities. Buyers are advised to conduct their own due diligence and verify zoning and development opportunities with the appropriate experts.
Active
$3,995,000
30 Cypress Ave, Wahiawa, HI 96786
--beds
0baths
7,316sqft
Est.:
Duplex
Built in 1934
-- sqft lot
$-- Zestimate®
$546/sqft
$-- HOA
What's special
Recently renovated dwellingsFully hollow-tile fourplex
- 97 days
- on Zillow |
- 138 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 06:14pm
Listed by:
Daniel K Ihara 808-343-3695,
Keller Williams Honolulu,
Jarett Kitaoka 808-430-4899,
Keller Williams Honolulu
Source: HiCentral MLS,MLS#: 202505014

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Dryer, Washer
- Laundry: Coin-operated
Interior area
- Total structure area: 7,316
- Total interior livable area: 7,316 sqft
Property
Parking
- Total spaces: 18
- Parking features: Assigned, Open, Tandem
- Has uncovered spaces: Yes
Features
- Levels: One,Two
- Stories: 1
- Has view: Yes
- View description: None
Lot
- Features: Corner Lot, Other, Level
- Topography: Level
Details
- Parcel number: 1730020260000
- Zoning description: 12 - A-2 Medium Density Apartme
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Duplex
Materials
- Hollow Tile, Concrete, Wood Frame
- Foundation: Slab
Condition
- Good Condition
- Year built: 1934
- Major remodel year: 2022
Utilities & green energy
- Sewer: Connected
- Water: Public
- Utilities for property: Above Ground Utilities, Electricity Available, Sewer Available, Water Available, Sewer Connected
Community & HOA
Community
- Features: Other
- Subdivision: Wahiawa Area
Location
- Region: Wahiawa
Financial & listing details
- Price per square foot: $546/sqft
- Tax assessed value: $3,894,764
- Annual tax amount: $13,632
- Date on market: 2/15/2025
- Total actual rent: 17515
- Tenant pays: Electricity
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