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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
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Hawaii Multi-Family homes for sale

87 multi-family home for sale

Multi-Family Home
$3,600,000
Fantastic income opportunity to own a 11 unit concrete building! The building includes 5 one bedroom units and 6 two bedroom units, 11 covered parking stalls and gas hot water. Rental amounts are basically $1600/month for the 2 bed units and $1300/month for the one bedroom units. Tenants pay their own electric and cable. Don't miss out on this lucrative investment opportunity!
Multi-Family Home
$2,888,000
Two-story concrete apartment building with a total of (8) units: (6) 2 bedroom units and (2) 1 bedroom units with (7) parking stalls. A great opportunity to own this income property in the heart of Waikiki!
In Escrow - still showing
$1.44m
Punchbowl-lower
507 Iolani Ave, Honolulu
Multi-Family Home
$1,438,000
PRICED BELOW APPRAISAL VALUE! SPECTACULAR INVESTMENT OPPORTUNITY! RARE FIND! Complete Renovation of this Multi-4plex, 2 level rental property with apartment zoning. The lower level has 2-bed/2ba units and the upper level has 2bed/2ba, 2bed/1.5ba units. New Whirlpool and Samsung models appliances for each unit. Upper level unit C has a nice ocean view from bedroom and patio. Each apartment has their own washer/dryer and electric meters. New Sewer- 4 Brand New Water heaters. A common gate lock code for each tenant. Enclosed a detached 2 car garage at street level and driveway for another 2 cars. Great location, near Downtown, Pali, walk to bus stop, short distance to Ward Ave, minutes to Kakaako area, Safeway/Longs, Queen/Straub Hospitals and H-1 Fwy. Estimate rental inc from $8000-$9000.
Multi-Family Home
$8,500,000
TROPHY 4-Story Concrete Apartment Building in Makiki (2 Blocks to Punahou). 23 units in turnkey condition. 24+ parking stalls (potential for CPR). 30 panel Solar PV System on roof. Coin Op Laundry on site.
$849.8k
Kalihi-upper
1551 Nobrega Street, Honolulu
Multi-Family Home
$849,800
Come and take advantage of this great offer! Its a bargain!! This property has lots of potential. A multi family living! LIVE IN ONE, RENT THE OTHERS! There's a total of 6 bedrooms and 2.5 baths in the upstairs unit and one studio unit. Very quiet neighborhood and close to public transportation. To be sold "As Is". Please DO NOT DISTURB TENANTS- BY APPT ONLY. DO NOT ENTER PROPERTY.
In Escrow - still showing
Multi-Family Home
$1,495,000
Prime owner-user property for sale in Kuakini area. Nice freshly painted solid hollow tile apartment building built 1963 of four 2 bedroom units (1 fully renovated) with completely renovated separate spacious 2 bedroom house built 1922 with high ceilings and bonus studio with small kitchen and bath and covered laundry area. 6 total units, 4 parking and possible to park 2 more cars. Live in main house and rent the 5 other units. Nice large grassy fenced yard, turn key property. Price to sell quickly, won't last long, hurry! Currently, 3 units rented for $1,350 each and 3 vacant.
In Escrow - still showing
$1.3m  $151,000
Moiliili
937 Coolidge Street, Honolulu
Multi-Family Home
$1,299,000  $151,000
Zoned BMX -Mixed Bus zone , a rarity and a smart growth zone for you to integrate both residential and commercial uses. Or re-develop with city's Bill 7 incentive,if applicable. Currently rented with excellent income. Two structures on property- front prop has 1 br/ba and a studio/ba. Back prop has upstairs 3br/1ba and downstairs with double units, each 1 br/1ba. All units recently renovated! Extra storage space on property. Within minutes to the bank, CVS Longs, UH, Down-to-Earth, JCC, nearby well-known restaurants, and all conveniences of the Moiliili area . Mixed residential and commercial needs are on the rise, don't delay to get your plans started right here while collecting stable income. Sq ft may differ from tax records. Buyers to do due diligence. Seller to do a 1031 Exchange.
$1.98m
Kalihi-lower
1538 Martin Street, Honolulu
Multi-Family Home
$1,980,000
RARELY available. Excellent opportunity for investors! Two large, two-story hollow tile homes on one lot. Great location. Live in one and rent out the other. 7 rental units. Owner lives in the 2-bedroom unit. 1st house has three (2 bdrm/1 bath units) and one (3 bdrm/2-bath unit). 2nd house has two (2 bdrm/1-bath units) and one (3 bdrm/2 bath unit). 11 parking stalls. Shared coin washer and dryers. Water and Electricity paid by tenants. Tax records do not match bedrooms and bathrooms.
Virtual Tour
$2.79m  $25,110,000
Matson Point
47-008 Lihikai Drive, Kaneohe
Multi-Family Home
$2,790,000  $25,110,000
A rare oceanfront architecturally designed estate to match the shape of the land, located on Kaneohe Bay. This elongated duplex home w/length of about 98ft,: w/6 rentals & beautiful views!! (or your personal mansion?) 1st fl: 1- 0/1, 1- 1/1, and 1- 3/2; Downstairs has 2/2, 2nd fl: 3/1 and 0/1. 8 pkg stalls. Bonus: 2nd fl: easy expansion (about 1466sf) of flat roof that offers even better views, 1st floor offers additional 950 sf of decking. Ride your boat in front of your property and leave it there if you like!! Kayak from your backyard to the famous Kaneohe sandbar. Cul de Sac provides privacy, but only about 30 mins to Honolulu town, 10 min to Windward mall & few mins to grocery stores, restaurants & theaters. Possible $13,000+/mo rent inc. House may not match TMK records
$1m  $200,000
Waipahu-lower
94-322 Pupuole Street, Waipahu
Multi-Family Home
$1,000,000  $200,000
Excellent investment opportunity with seasoned tenants producing a 5.48% cap on actual income and expenses. Value add opportunity super close to 2 rail stations.Tenant provides its own appliances, all units separately metered for electric, one water meter. Hollow tile walk up, no vacancies. Also for sale: 94-109 Pupukahi (6 unit) and 94-323 Pupuole (5 unit): buy one or all!
$1.2m  $200,000
Waipahu-lower
94-323 Pupuole Street, Waipahu
Multi-Family Home
$1,200,000  $200,000
Excellent investment opportunity with seasoned tenants producing a 5.76% cap on actual income and expenses. Value add opportunity super close to 2 rail stations. Tenant provides its own appliances, all units separately metered for electric, one water meter. Hollow tile walk up, no vacancies. Also for sale: 94-109 Pupukahi (6 unit) and 94-322 Pupuole (5 unit): buy one or all!
$1.2m  $200,000
Waipahu-lower
94-109 Pupukahi Street, Waipahu
Multi-Family Home
$1,200,000  $200,000
Excellent investment opportunity with seasoned tenants producing a 5.24% cap on actual income and expenses. Value add opportunity super close to 2 rail stations.Tenant provides its own appliances, all units separately metered for electric, one water meter. Hollow tile walk up, no vacancies. Also for sale: 94-322 (6 unit) and 94-323 Pupuole (5 unit): buy one or all!
Virtual Tour
Multi-Family Home
$1,800,000
GREAT INCOME. Excellent Large Single Family Home with attached a Legal ADU. Main house upstairs 6 bed/4 bath two master suite, modern custom kitchen, and extra-large living area. Downstairs are 3 bedroom/ 2 baths with a master suite and a wet bar. Legal ADU has a spacious 2 bedrooms, 2 baths with a full kitchen. A small, grassy lawn is available for outdoor enjoyment. This home also comes with approximately 7 car parking spaces. Quality cabinets, quartz countertop, porcelain tile, and vinyl floors in fresh, modern colors are used throughout. This home has a very functional, versatile layout and is located so conveniently to town. The owner used it as a dormitory. The 2nd floor and the ADU unit are currently under rental contracts for college students until 5/2022. The main downstairs is vacated for the owner to use as an office. The size and number of rooms differ from the tax office. Sold AS-IS and WHERE-IS.
Virtual Tour
Multi-Family Home
$1,488,000
Amazing opportunity to own 2 (legal) homes on one lot. Each has a separate entrance, address, & elect. meters. Both homes were renovated to like-new condition in 2020 and are vacant for your use. 2522 Puunui is a 2 bedroom, 2 bath. 2524 Puunui is a 3 bedroom, 2 bath. Homes are being sold under one listing. Excellent condition, conveniently located. Plenty of street parking for guests. Puunui Community Park is just across the street.
Multi-Family Home
$1,695,000
3/1, 0/1, 2/1, 2/1. 4 electric meters. New roofing, interior and exterior paint, electrical, etc. Large 6,404sf level A-2 zoned. Flood zone X. DO NOT WALK ON PROPERTY. Do Not Disturb Tenants. No sign on property.
In Escrow - still showing
Multi-Family Home
$2,300,000
Come home and embrace the lifestyle of beautiful Lanikai. Situated steps away from the world famous Lanikai beach. Bring your kayaks and paddleboards for the ocean is your new playground. Great multi-generational home with a total of 7 bedrooms and 6 and two-half baths. Offers ample parking and private entrances. Live in one and rent out the others. This property will spaciously suit your guest when they come to visit and great for entertaining. Don't wait the opportunity awaits!
$4.7m  $135,000
Makiki
1662 Lewalani Drive, Honolulu
Multi-Family Home
$4,695,000  $135,000
TROPHY PROPERTY! 100% leased 12-unit apartment building in a well-located part of Makiki. Excellent cash flow opportunity which is turnkey for an investor. The property underwent a major renovation in 2020 in all 12 units with luxury finishes including new quartz countertops, cabinets, vanities, lights, ceiling fans, LVT flooring, interior paint, tiled showers (2 units were already tiled so were not redone), stainless steel microwaves and gas ranges/ovens, washer dryers, and low flow water fixtures. In addition, the driveway and parking lot was repaved with new asphalt and concrete in some areas, as well as updated landscaping to the property. LARGE units - approx. 600 sf for 1br and 806 sf for 2br. All units separately metered for both gas and electricity which tenants pay direct.
Virtual Tour
Multi-Family Home
$1,750,000
GOOD CAP RATE for this wonderful opportunity to own a FLEXIBLE large single-family compound, investment property, or multi-family living. Great location across from UH Manoa with close proximity to private schools such as Punahou and Mid-Pac, Manoa valley with shops, restaurants, Waikiki, Honolulu, and freeway access. Classic Manoa home features high ceilings, original hardwood floors, split AC, garden area, newer roof, and owned photovoltaic system with 40 panels. Currently tenant occupied with long-term and month-to-month tenants generating great rental income. Lower separate studio with own entrance is an added bonus. Tax records differ. Sold AS IS.
Multi-Family Home
$1,980,000
INCREDIBLE OPPORTUNITY! - A rare double duplex custom built property nestled amongst ferns, plumeria trees and tropical flowers at the foot of Tantalus. Amazing opportunity for multi family living. Near schools and minutes away from shopping, hospitals, Ala Moana Center, and downtown Honolulu. Enjoy four covered parking spaces and flexible floorplans exquisitely designed. Custom Koa shelving, unique architectural features, lava rock walls inside and out, skylights for natural lighting, and an abundance of windows for airflow. The courtyard is an entertainers dream with built in picnic tables, torch ginger, and an ambiance that takes you back to the good 'ole days of Hawaii! This is truly a MUST-SEE property, designed and built by one of Honolulu’s premier builders for his own family!
$1.15m
Coconut Grove
416 Kalama Street, Kailua
Multi-Family Home
$1,150,000
Live the Kailua lifestyle! Walk to the beach & bike to Kailua's trendy shops & restaurants from this separately metered legal duplex featuring a 3 bedroom 2 bath main house and a 2 bedroom 1 bath Ohana! Perfect for investors or multi-family living! Enjoy the mountain views & cooling breezes from the upstairs wrap-around lanai. This home retains an old Hawaii charm with updated kitchens & bathrooms. The front house was built in 1947 and has high ceilings, a bright upgraded kitchen with dining area & a covered front lanai. The main house has a large living room with original wood flooring, a dine-in kitchen redone in 2013, that flows to the back lanai, two full bathrooms, a separate laundry/bathroom & large storage closet. Easy access to Kaneohe Marine Base, the Pali, Likelike & H-3 tunnels!
Virtual Tour
Multi-Family Home
$1,650,000
Located on corner of Punahou and Nanea St. This location is convenient to shopping, dining, recreation, bus line, medical amenities. Perfect for investors and owner occupants. Each unit separately metered for electricity with one water meter for property. Units are partially furnished with washer, dryer, refrigerator, range oven and hood. Monthly tax is 2020 assessment. Large first floor 2 BR 2.5 BA unit is vacant. All others are tenant occupied. Do not disturb tenants or walk onto property without prior approval. income and expenses are subject to change. Information deemed reliable but subject to change. Building Department floor plans may not be same as actual building floor plans.
Virtual Tour
In Escrow - still showing
$1.2m
Wahiawa Area
220 Muliwai Ave, Wahiawa
Multi-Family Home
$1,200,000
A multi-family opportunity in Wahiawa close to the restaurants, supermarkets and retail shops in town. This property of over 12,000 square feet is zoned R-5 and has three structures consisting of multiple dwellings. Features ample covered patio space bordered by a yard and areas for gardening. 6+ parking stalls and separate entrances allows for a versatile living arrangement. The homes were recently painted and the front two structures were re-roofed. The interior of dwellings requires updating and your personal touch.
Virtual Tour
In Escrow - still showing
Multi-Family Home
$1,700,000
Charming 1950's 8-plex rental property, with 4 permitted buildings (including a single cottage, 2 duplexes, and a triplex) - legal non-conforming. Of 8, two are tenanted and one is currently owner occupied. Great location and good price point for EZ to rent units. Re-furbish or rent, as-is. Newer roofs! 8 electric meters. 2 covered parking. Plenty of street parking. No open houses. Private showings only. Please do not visit the property without appointment or disturb the owner or tenants on premises. Inspection of the 3 occupied units subject to accepted contract.
$3.2m
Coconut Grove
703 Kihapai Place, Kailua
Multi-Family Home
$3,200,000
Attention Bill 7 Developers! Two side by side A2 zoned lots totaling 12sq/ft. Each lot has two duplexes giving you financing flexibility. 8 units total. Each unit is a 2bed/1bath. Average current rent is $1850/month. This location has beautiful mountain views and just blocks to Kailua town. 8 electric meters. One water meter per lot. TMK 1/4/3/058/040/0000 and TMK 1/4/3/058/041/0000 to be sold together. Income and expenses are approximate
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