Real Estate Investment Properties for Sale in Waianae, HI

Looking for investment property in Waianae, HI with high ROI ?

Explore a variety of short-term homes & houses in Waianae, HI. Invest wisely with VRBO & Waianae, HI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Waianae, HI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
84-814 A Farrington Highway Waianae, HI Rare opportunity to live blocks from the beach on the spectacular Waianae Coast at an affo...	4 beds \| 2 baths \| 1,520 sq.ft.	$450,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.68% Airbnb Rental Income: $null Traditional Rental Income: $3933 Airbnb ROI: N/A Traditional ROI: 7.68%
86-892 Hale Ekahi Drive Waianae, HI This stunning 4/3 home presents an extraordinary opportunity for first-time homebuyers see...	4 beds \| 3 baths \| 1,158 sq.ft.	$845,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $3327 Airbnb ROI: N/A Traditional ROI: 2.86%
84-755 Ala Mahiku Street #65A Waianae, HI Welcome home to Makaha Valley Plantation. This secure gated community offers a tennis cour...	2 beds \| 1 baths \| 815 sq.ft.	$360,000	Airbnb cash on cash: 5.34% Traditional cash on cash: 5.53% Airbnb Rental Income: $3123 Traditional Rental Income: $2477 Airbnb ROI: 5.34% Traditional ROI: 5.53%
84-632 Lahaina Street Waianae, HI Fully Remodeled well priced Fee Simple Home! Seize the opportunity to own this move-in rea...	3 beds \| 2 baths \| 792 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $2801 Airbnb ROI: N/A Traditional ROI: 3.67%
84-510 Farrington Highway #6 Waianae, HI HUGE PRICE REDUCTION! Priced below tax assessed value! Motivated Seller,Bring an offer! En...	3 beds \| 2 baths \| 937 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.24% Airbnb Rental Income: $null Traditional Rental Income: $3652 Airbnb ROI: N/A Traditional ROI: 6.24%
84-680 Kili Drive #906 Waianae, HI Renovated condo w/ ocean and mountain views. Enjoy the breeze coming from both mountain an...	1 beds \| 1 baths \| 680 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.71% Airbnb Rental Income: $null Traditional Rental Income: $2334 Airbnb ROI: N/A Traditional ROI: 6.71%
84-664 Ala Mahiku Street #188B Waianae, HI Step into serenity with this inviting 2-bedroom, 1-bathroom condo, where expansive ocean a...	2 beds \| 1 baths \| 815 sq.ft.	$292,500	Airbnb cash on cash: 6.79% Traditional cash on cash: 6.35% Airbnb Rental Income: $3123 Traditional Rental Income: $2293 Airbnb ROI: 6.79% Traditional ROI: 6.35%
84-1026 Hana Street #3 Waianae, HI Welcome to this delightful attached home that offers comfort, convenience, and the perfect...	2 beds \| 1 baths \| 572 sq.ft.	$449,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 3.99% Airbnb Rental Income: $3123 Traditional Rental Income: $2299 Airbnb ROI: 4.26% Traditional ROI: 3.99%
84-680 Kili Drive #1605 Waianae, HI High Floor corner end unit with high quality vinyl flooring and upgraded kitchen. Lanai h...	1 beds \| 1 baths \| 680 sq.ft.	$244,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.19% Airbnb Rental Income: $null Traditional Rental Income: $2363 Airbnb ROI: N/A Traditional ROI: 8.19%
84-140 Water Street Waianae, HI Fully remodeled front 2 beds and 1 bath in 2022 and built 3 beds and 2 baths addition in 2...	5 beds \| 3 baths \| 1,777 sq.ft.	$888,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $4230 Airbnb ROI: N/A Traditional ROI: 3.78%
86-208 Moeha Street Waianae, HI SHORT SALE APPROVED PRICE! Super cute three-bedroom, two-bathroom home with huge backya...	3 beds \| 2 baths \| 1,240 sq.ft.	$700,000	Airbnb cash on cash: 9.51% Traditional cash on cash: 4.07% Airbnb Rental Income: $8766 Traditional Rental Income: $3564 Airbnb ROI: 9.51% Traditional ROI: 4.07%
85-104 Alawa Place Waianae, HI 2.875% VA loan assumption Opportunity (Low Gap!) ** for qualified VA buyers. Discover Co...	3 beds \| 2 baths \| 1,088 sq.ft.	$670,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $3555 Airbnb ROI: N/A Traditional ROI: 4.28%
87-1008 Oheohe Street Waianae, HI An opportunity awaits you in Waianbe, HI. Property sits on a good size lot of approx. 6,50...	4 beds \| 4 baths \| 1,797 sq.ft.	$742,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $4378 Airbnb ROI: N/A Traditional ROI: 4.81%
84-879 Moua Street Waianae, HI Large 2 story 4 bedroom 2 bath home in established neighborhood with 13,000 square foot la...	4 beds \| 2 baths \| 2,761 sq.ft.	$1,999,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.22% Airbnb Rental Income: $null Traditional Rental Income: $4565 Airbnb ROI: N/A Traditional ROI: 1.22%
87-1041 Huamoa Street Waianae, HI Discover your slice of paradise in this charming 3-bedroom, 2-bathroom retreat. Step insid...	3 beds \| 2 baths \| 1,363 sq.ft.	$800,000	Airbnb cash on cash: 8.38% Traditional cash on cash: 3.03% Airbnb Rental Income: $8766 Traditional Rental Income: $3132 Airbnb ROI: 8.38% Traditional ROI: 3.03%
84-387 Jade Street Waianae, HI Make this your dream homestead on this spacious 1-acre lot. With a stone wall fronting th...	3 beds \| 2 baths \| 1,296 sq.ft.	$1,395,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $3902 Airbnb ROI: N/A Traditional ROI: 1.76%
85-148 Ala Walua Street #A Waianae, HI Stunning refurbished 3-bedroom, 1.5-bathroom townhome spanning two stories. Boasts new vin...	3 beds \| 2 baths \| 951 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.06% Airbnb Rental Income: $null Traditional Rental Income: $2980 Airbnb ROI: N/A Traditional ROI: 11.06%
84-955 Hanalei Street #A Waianae, HI Amazing starter home for sale! Schedule a showing to experience this great deal. This home...	3 beds \| 1 baths \| 780 sq.ft.	$588,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $2645 Airbnb ROI: N/A Traditional ROI: 3.36%
87-1156 Anaha Street Waianae, HI Opportunity for a private, large lot, CUL De SAC, lava rck wall terrace, uinobstructed, pa...	3 beds \| 3 baths \| 1,613 sq.ft.	$850,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 3.66% Airbnb Rental Income: $8766 Traditional Rental Income: $4003 Airbnb ROI: 7.59% Traditional ROI: 3.66%
85-1020 Mill Street Waianae, HI ACT FAST! Seller says SELL! Discover comfort and convenience at an unbeatable price. This ...	4 beds \| 2 baths \| 1,176 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $3760 Airbnb ROI: N/A Traditional ROI: 5.27%
87-176 MAIPALAOA RD #MN30 Waianae, HI Escape to this charming, newly renovated 4-bed/3-bath, split-level townhouse with 2 split ...	4 beds \| 3 baths \| 1,500 sq.ft.	$586,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $3920 Airbnb ROI: N/A Traditional ROI: 4.35%
84-674 Farrington Highway #1 Waianae, HI Large home that just needs interior work and drywall by a licensed contractor to complete....	4 beds \| 3 baths \| 2,197 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $4613 Airbnb ROI: N/A Traditional ROI: 9.03%
84-674 Farrington Highway #2 Waianae, HI Large home that just needs interior work and drywall by a licensed contractor to complete....	4 beds \| 3 baths \| 2,281 sq.ft.	$449,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.98% Airbnb Rental Income: $null Traditional Rental Income: $4599 Airbnb ROI: N/A Traditional ROI: 8.98%
86-281 Hokuukali Place Waianae, HI Discover the distinctive charm of this Waianae property located within the Department of H...	3 beds \| 3 baths \| 1,060 sq.ft.	$700,000	Airbnb cash on cash: 9.72% Traditional cash on cash: 3.63% Airbnb Rental Income: $8766 Traditional Rental Income: $3143 Airbnb ROI: 9.72% Traditional ROI: 3.63%
84-674f Farrington Highway Waianae, HI Located less than two minutes from the ocean in the serene and picturesque Makaha enclave,...	3 beds \| 2 baths \| 672 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $3025 Airbnb ROI: N/A Traditional ROI: 4.42%
89-298a Farrington Highway Waianae, HI Large Hawaiian Homelands property! 4 bedrooms, 3 bathrooms, newer built in 1995 with over ...	4 beds \| 3 baths \| 2,155 sq.ft.	$599,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.19% Airbnb Rental Income: $null Traditional Rental Income: $4151 Airbnb ROI: N/A Traditional ROI: 6.19%
84-665 Ala Mahiku Street #146A Waianae, HI Welcome to Unit 146A â a rare, ground-floor oasis with mountain views in a gated communi...	2 beds \| 1 baths \| 815 sq.ft.	$275,000	Airbnb cash on cash: 7.43% Traditional cash on cash: 6.24% Airbnb Rental Income: $3123 Traditional Rental Income: $2103 Airbnb ROI: 7.43% Traditional ROI: 6.24%
84-664 Ala Mahiku Street #37/180C Waianae, HI Popular C unit offering up to $8,000 closing credit. This recently rejuvenated residence o...	2 beds \| 1 baths \| 815 sq.ft.	$325,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 4.63% Airbnb Rental Income: $3123 Traditional Rental Income: $2005 Airbnb ROI: 5.97% Traditional ROI: 4.63%
84-688 Ala Mahiku Street #166B Waianae, HI Beautiful Makaha Valley Plantation unit on 2nd floor with remodeled kitchen and bathroom a...	2 beds \| 1 baths \| 815 sq.ft.	$288,000	Airbnb cash on cash: 7.15% Traditional cash on cash: 6.93% Airbnb Rental Income: $3123 Traditional Rental Income: $2353 Airbnb ROI: 7.15% Traditional ROI: 6.93%
84-781 Moua Street Waianae, HI This is a rare opportunity to purchase an OCEANFRONT property on over 14,000 sq. ft. of la...	3 beds \| 1 baths \| 1,176 sq.ft.	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.3% Airbnb Rental Income: $null Traditional Rental Income: $3219 Airbnb ROI: N/A Traditional ROI: 1.3%
85-1759a Waianae Valley Road Waianae, HI SELLERS NEED TO SELL! BRING YOUR BEST OFFER! Welcome to Mt. Kaâala Ulu-lani! Nestled wi...	2 beds \| 3 baths \| 2,229 sq.ft.	$1,995,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.31% Airbnb Rental Income: $3123 Traditional Rental Income: $4532 Airbnb ROI: 0.16% Traditional ROI: 1.31%
84-687 Ala Mahiku Street #138B Waianae, HI Youâll love this 2BR 1 Bath 2nd floor freshly painted Makaha Valley Plantation unit with...	2 beds \| 1 baths \| 815 sq.ft.	$279,000	Airbnb cash on cash: 7.19% Traditional cash on cash: 6.95% Airbnb Rental Income: $3123 Traditional Rental Income: $2349 Airbnb ROI: 7.19% Traditional ROI: 6.95%
87-117 Pelanaki Street Waianae, HI $5K + VA ENTITLEMENT = YOUR BEACH HOME DREAM! For the smallest down payment you can step i...	4 beds \| 2 baths \| 1,200 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $3601 Airbnb ROI: N/A Traditional ROI: 4.15%
84-770 Kili Drive #436 Waianae, HI Lowest priced one bedroom for sale at Makaha Valley Towers! Fourth floor with a view of t...	1 beds \| 1 baths \| 680 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 9.01%
84-770 Kili Drive #1433 Waianae, HI Your new island home awaits at Makaha Valley Towers 1433! A one bedroom, one bathroom hom...	1 beds \| 1 baths \| 680 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $2037 Airbnb ROI: N/A Traditional ROI: 6.26%
84-445 Farrington Highway Waianae, HI The historic 3 bed/3 bath Klausmeyer Estate is up for sale for the first time after 5 gene...	3 beds \| 2 baths \| 1,466 sq.ft.	$12,000,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.64% Airbnb Rental Income: $null Traditional Rental Income: $4292 Airbnb ROI: N/A Traditional ROI: -0.64%
84-754 Ala Mahiku Street #48B Waianae, HI Tucked away in a peaceful corner of the Makaha Valley Plantation gated community, this cha...	2 beds \| 1 baths \| 815 sq.ft.	$270,000	Airbnb cash on cash: 7.42% Traditional cash on cash: 7.18% Airbnb Rental Income: $3123 Traditional Rental Income: $2353 Airbnb ROI: 7.42% Traditional ROI: 7.18%
84-687 Ala Mahiku Street #124A Waianae, HI Indulge in the allure of this charming 2-bedroom, 1-bathroom condo nestled in the heart of...	2 beds \| 1 baths \| 815 sq.ft.	$282,000	Airbnb cash on cash: 7.13% Traditional cash on cash: 6% Airbnb Rental Income: $3123 Traditional Rental Income: $2115 Airbnb ROI: 7.13% Traditional ROI: 6%
87-150 Alapaki Street Waianae, HI Welcome to your mountain retreat in Maili, where contemporary elegance meets breathtaking ...	5 beds \| 3 baths \| 2,814 sq.ft.	$1,190,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $4966 Airbnb ROI: N/A Traditional ROI: 3.27%
87-118 Hookele Street #A Waianae, HI Newly built in 2019, this rare find single-family home offers 4 bedrooms and 3 full baths!...	4 beds \| 3 baths \| 1,464 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $3837 Airbnb ROI: N/A Traditional ROI: 5.11%

Real Estate investment in Waianae, HI

There are 97 properties for sale in the city of Waianae . The median list price in Waianae is $580,000 and the average price per square foot is $500. In January 2025, the average monthly cash on cash return in Waianae is 5.00%. The average monthly rental income in Waianae is $3,291.

Waianae, HI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 97 investment properties available for sale in Waianae.

In 2025, the best neighborhood to buy investment property is Maili.

The ROI for Long-Term is higher than the Short-Term in Waianae with average rental income of $3,291.

Your search for investment property begins and ends here

Investment Property for Sale in Waianae, HI

84-814 A Farrington Highway

Waianae, HI

4 beds | 2 baths | 1,520 sq.ft.

$450,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3933

Airbnb ROI: N/A

Traditional ROI: 7.68%

86-892 Hale Ekahi Drive

Waianae, HI

4 beds | 3 baths | 1,158 sq.ft.

$845,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.86%

Airbnb Rental Income: $null

Traditional Rental Income: $3327

Airbnb ROI: N/A

Traditional ROI: 2.86%

84-755 Ala Mahiku Street #65A

Waianae, HI

2 beds | 1 baths | 815 sq.ft.

$360,000

Airbnb cash on cash: 5.34%

Traditional cash on cash: 5.53%

Airbnb Rental Income: $3123

Traditional Rental Income: $2477

Airbnb ROI: 5.34%

Traditional ROI: 5.53%

84-632 Lahaina Street

Waianae, HI

3 beds | 2 baths | 792 sq.ft.

$585,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.67%

Airbnb Rental Income: $null

Traditional Rental Income: $2801

Airbnb ROI: N/A

Traditional ROI: 3.67%

84-510 Farrington Highway #6

Waianae, HI

3 beds | 2 baths | 937 sq.ft.

$499,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.24%

Airbnb Rental Income: $null

Traditional Rental Income: $3652

Airbnb ROI: N/A

Traditional ROI: 6.24%

84-680 Kili Drive #906

Waianae, HI

1 beds | 1 baths | 680 sq.ft.

$289,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.71%

Airbnb Rental Income: $null

Traditional Rental Income: $2334

Airbnb ROI: N/A

Traditional ROI: 6.71%

84-664 Ala Mahiku Street #188B

Waianae, HI

2 beds | 1 baths | 815 sq.ft.

$292,500

Airbnb cash on cash: 6.79%

Traditional cash on cash: 6.35%

Airbnb Rental Income: $3123

Traditional Rental Income: $2293

Airbnb ROI: 6.79%

Traditional ROI: 6.35%

84-1026 Hana Street #3

Waianae, HI

2 beds | 1 baths | 572 sq.ft.

$449,900

Airbnb cash on cash: 4.26%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $3123

Traditional Rental Income: $2299

Airbnb ROI: 4.26%