Property
$2,490,0000.35 Acres7 beds • 3 baths • 2,400 sq ft
For Sale
For Sale
$2,490,0000.35 Acres
For Sale
7 beds • 3 baths • 2,400 sq ft

3198 WAWAE RD, Kalaheo, HI 96741 - Kauai County

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Property ID 20257050

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MULTI_FAMILY - Kalaheo, HI

Income-Producing Property in Lawai Valley Estates - Seller Financing Available Unique opportunity to own a serene, multi-unit property in Lawai Valley Estates with 4 permitted rental units + office/storage space on one lot. Live in one and rent the rest-or lease all for maximum income. Fully furnished and income ready. Units & Rents: * Upstairs Main Home - 1BD/1BA | $2,850/mo + 30% electric | Private yard, fireplace * Downstairs Main Home - 4BD/2BA | $5,700/mo + 40% electric (additional $900/mo if rented to extra person per contract) | Attached garage (half), lofts, lanai, courtyard| Attached garage (half), lofts, lanai, courtyard * Studio Cottage - 1BD/ 3/4BA | $2,700/mo + 20% electric | Loft bedroom, outdoor shower, lanai * Caretaker's Cottage + Half Garage Office/Storage - 1BD/ 3/4BA + half of garage office/storage space | $2,850/mo + 10% electric | Screened lanai, valley views, private rear entrance to office/storage Financials: Total Monthly Income: $14,100-$15,000 Seller Financing Terms: 10% Down ($249,000) 4.75% Interest Up to 5-Year Term Approx. P&I Payment: $11,971.81/month Additional Info: - Fully furnished - Private courtyards and lanais - Chimenea fireplaces in main units - By appointment only - do not disturb tenants - Property does not match county records - buyer to verify - Seller requests leaseback of Caretaker's Cottage + garage space for up to 2 years at $2,850/mo + 10% electric; open to assisting with property management for reduced lease rate Excellent investment opportunity with flexible use and immediate rental income in a lush Kauai valley setting.

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eXp Realty

Honolulu, HI

(808) 346-1944
Listing provided by
David Ower
eXp Realty(808) 384-5645
Source: ListHub, MLS# 710567
Listing status: Active
Listing last updated: December 4, 2025 at 10:04 AM
Listing last checked: December 4, 2025 at 9:31 AM
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David Ower

eXp Realty
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David Ower

eXp Realty