TRI-PLEX INCOME PROPERTY! Hard-working rental property +

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Home For Sale

4906 ALIALI RD

Kapaa, Hawaii 96746

Community: KAPAA HOMESTEADS 4TH SERIES

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$1,399,000 4 br, 4.0 bath 2864 sq. ft. 0.200 acres

TRI-PLEX INCOME PROPERTY! Hard-working rental property + detached shop / garage. Do the math: TWO separate 1 bedroom apartments downstairs + a 3 bedroom / 2 bathroom apartment upstairs + 3 electric meters + 2 laundry centers + over-sized septic system = steady, easy income! Just over $7000 / month, not including the shop. Rent Roll available. Maintained in very good condition, home had a new roof and gutters in 2018. One unit is vacant for showings and other 2 Tenants have lived here for years so would love to stay. Built-in income on the day of closing. Detached 21' X 28' shop / garage is 588 square feet of enviable man cave / she shed / workshop / hobby room. What could you do with that? It has it's own electric meter and outdoor shower. Ultra-convenient location is a short walk or easy flat-land bike ride to the beach, Kapaa Town, schools, churches, Chicken In A Barrel, and other restaurants! Kauai is so amazing, lots of people want to live here, so its not easy to find a property on the island that pencils out. See this today - contact your Agent for an appointment.

Interior:
  • Bedrooms: 4
  • Baths: 4.0
  • Sq Ft: 2864
  • Year Built: 1973
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: Assigned
Exterior:
  • Lot Size: 0.200 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $6,127
  • MLS #: 726044
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Contact Information:
Beach Home For Sale in Kapaa, Hawaii
Listing Agent: Jimmy Johnson, REMAX Kauai, 808-639-9675, 808-826-9675 Listing Site, Listing Status: Active
Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6948720
Viewed 12 times.
Updated: Dec 12, 2025

This property is a Home located at 4906 ALIALI RD, Kapaa, Hawaii 96746, and is currently For Sale at $1,399,000. This Home has 4 bedrooms, 4.0 baths, 2864 sq ft.