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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

79 multi-family home for sale

Virtual Tour
$1.5m
Kamehameha Heights
1406 Kealia Dr, HONOLULU
Multi-Family Home
$1,499,000
OPEN HOUSE on SUNDAY, JUNE 20th from 2-5PM. Amazing multiple dwelling property in the highly desirable Kamehameha Heights neighborhood. The main home consist of a 4 bedroom 2.5 bathroom, with a 1 bedroom 1 bath separate cottage. Front home has been upgraded in 2020 featuring new luxury kitchen, flooring, interior painting, and designer light fixtures. A complete power system with 76 Owned solar panels, 3 battery backups, and a EV car charger. Close to schools, parks, golfing, shopping centers, and downtown Honolulu. Built in chicken coop. Rent the back home to lower your mortgage or for Ohana living. Make this your dream home today. Separate electric and water meters for both homes. View 3D Interactive video tour in virtual section.
Multi-Family Home
$2,400,000
2 Solid Hollow tile buildings o over 6,600 sq ft level lot in Kapahulu! 7 units consisting of (4) - 1 bed/1 bath, (2) - 2 bed/1 bath, (1) - 3 bed/1 bath with 8 parking stalls! 716B has 2 - 1/1 and 1 - 3/1, and 716C has 2 - 1/1 and 2 - 2/1. All units have washer hook-up. The 3 bedroom has washer and dryer hook up. Turkey property that is fully occupied! Conveniently located near bus stop, Safeway, restaurants, etc. Access is via private roadway and this sale includes 1/8 interest in that roadway also. Do Not Disturb Tenants.
Multi-Family Home
$1,800,000
Well kept, all concrete 4 unit apartment, a good replacement property for a 1031 exchange, good for small investors, always fully occupied! All units renovated between 2014-2020, with new porcelain floor tile, new kitchen & bath cabinetry! All units have individual electric meters, with separate water heaters, range/ovens, refrigerators, and washing machines included with each unit. Building features an all-concrete parking lot and Ring Security Camera system.
Virtual Tour
Multi-Family Home
$1,698,000
DREAM of being a LANDLORD? Tucked away in a private lane, right off University Ave., this unique Multi-Family apartment awaits you. Well maintained and spacious, this 2-story building features 3 units (2 - 2 bedroom/1 bath & 1 – 5 bedroom/2 bath). Electricity is individually metered to each apartment. Excellent Location near UH, Waikiki, Ala Moana & close to bus line and near to schools, shopping and freeway. Added bonus for innovative developers with a creative vision - adjoining vacant lot also for sale! A special one, so call today! ***Sellers request adjacent property to be sold in conjunction***
Virtual Tour
Multi-Family Home
$15,000,000
Perched above Honolulu on 3.44 acres of land with views of Diamond Head & city lights below, the Spalding House is an unparalleled opportunity for the discerning art collector or luxury real estate buyer. This extraordinary home would be an ideal gallery setting for a private art collection or could be restored to its former state as a grand private residence. This property's prime location in Makiki Heights, its established infrastructure & extraordinary views brings endless opportunities for the inspired buyer. Zoned R-10 the main residence & gallery space is a designated Historic Property. The estate comprises a pool, auxiliary offices, a director's residence, gift shop, classroom & studio, mature gardens, & scenic vistas of Honolulu, Diamond Head & Pacific Ocean.
$2.85m
Waipahu-lower
94-321 Pupuole St, Waipahu
Multi-Family Home
$2,850,000
Great cash flow Investment property in Waipahu. Solid concrete building with nine (9) units of 2 bedroom, 1 bath, 1 parking per units. Renovation with new granite kitchen counter top, new cabinet, new fixtures, new appliances. Secure building with metal gate. Secure laundry room with coined W/D. Electric is separately metered. Sold "AS IS". Do not disturb tenants or walk on the property without notifying agent.
In Escrow - still showing
Multi-Family Home
$975,000
Enjoy this terrific location in the Makiki/Punahou neighborhood. This charming dwelling offers 3 upgraded units with separate entrances. One unit is approx. 578 sq. ft., the other two are approx. 350 sq. ft. Largest unit has nice covered porch area. The layout offers the ultimate flexibility you need. Live in one and rent the others? 3 open parking stalls, one per unit. Shared coin operated laundry. Convenient to freeway, hospitals, schools. PLEASE DO NOT ENTER PROPERTY OR DISTURB TENANTS WITHOUT AN APPOINTMENT. Property To be sold in AS IS condition. Information may not match tax office records.
Multi-Family Home
$1,558,000
Fantastic location in the middle of Honolulu. Perfect for an owner-user looking for immediate cashflow while they plan their new office/retail development, or an investor looking to keep the existing residential improvements. BMX-3 zoning allows for many options! Estimated traffic counts are over 23,000 vehicles per day. Great exposure with one-way traffic and an existing signpost along Beretania. Former Ideal Keyshop location. Currently dedicated for residential tax usage (renewal in 2021). Main structure has 4 one-bedroom units, back structure has additional 2 studios with a shared bathroom. Currently generates $69k in gross annual rents. Subject to C&C road-widening setback if redeveloped.
Virtual Tour
In Escrow - still showing
Multi-Family Home
$775,000
NEW LISTING! Great investment value and opportunity! 4 unit apartment building (each 2 bdrm / 1 bath/ 1 park) in a prime commercial BMX 3-zoned, corner lot! Being offered for the first time in decades, this property offers tremendous cash flow at nearly $5,000/month and development potential! Central location in fast-developing neighborhood - walking distance to rail station/line, restaurants, shops in heart of Waipahu! This fully-occupied building is separately electrically metered with new electrical/panels in 2 of the units. Other upgrades include new windows and building repainted in 2018. Roof redone in 2013. Sold as-is. Do not disturb tenants. Don't miss this one!
In Escrow - still showing
Multi-Family Home
$6,000,000
Solid 3-Story (18 Units) All Concrete Building in Good Condition With A Large Parking Area (22 Stalls) Able to Further Develop On Parking Lot Side of The 14,485 sq. ft. Land Area. (9) Good Size 700 Sq. Ft. 2-Bdrm. Units, (9) Good Size 500 Sq. Ft. 1-Bdrm. Units, All (18) Units Features a Large 55 Sq. Ft. Lanai with Full Size Washers and Dryers (220 Plugs & Wash Basins). Ground Floor Units (6) Features Large Private Fenced Patio Areas. New Roof, Spalling Work, Paint throughout, Appliances, Walkways, Railings, Lanais and More all Completed Over The Past Few Years. Prime Location, Large Land Area Offers Future Development Options (Bill 60 an Updated Version of Bill 7). Please Allow Ample Time For Response To Offers. Please Consider First Am. Title (Angie Goya) View Supplements.
Multi-Family Home
$1,899,000
2 homes for the price of 1 !!! Separate Addresses/Electric meters. R-5 Zoning. HUGE 12,487 sq ft of land !! POSSIBLE CPR to sell houses separately to make more money. Investors, this is your chance. Seller's loss is your gain. OCEAN and DIAMOND HEAD VIEWS to die for! Located in highly desirable neighborhood - near Kahala Mall, schools/UH, parks, library, boutique shops and gourmet restaurants. Great opportunity to live in one house and rent the other units for additional income.
Multi-Family Home
$1,250,000
GREAT opportunity for Developer or investor! Four Separate Homes. Three homes are 2 Bdrm/1 bath, 4th 2 bdrm/1 bath-1 bdrm Duplex. Over 23,000 Sq ft of level land zoned R-5. All homes are fully fenced w/ separate HECO meters. Buyer to do own due diligence. Sold "As Is. Does not match tax records.
In Escrow - still showing
Multi-Family Home
$4,250,000
RARE LARGE 14,068 SQ. FT. LOT IN PRIME LOCATION. INCOME AS OF MAY 2021, EXPENSES FROM 2020 YEAR END. NOI IS ACTUAL. WELL SELF-MANAGED BUILDING WITH GOOD TENANTS AND SOLID CASH FLOW EVEN DURING PANDEMIC. CONVENIENT LOCATION BETWEEN PAANI & ISENBERG ST., PERFECT FOR RE-DEVELOPMENT (150' HEIGHT, 1.39 FAR) OR RETAIN 2-BDRM. APT. BUILDING AND BUILD NEW ON EWA SIDE OF PROPERTY TO MAXIMIZE UNUSED FAR. STEADY INCOME STREAM WHILE YOU FILE FOR FUTURE HIGHEST AND BEST USE (118 STREET FRONTAGE) ALSO PERFECT FOR NEW BILL-60 (WHICH IS AN UPGRADE TO BILL 7) AFFORDABLE HOUSING. NEWLY PAINTED EXTERIOR WITH MOST INTERIOR UNITS RENOVATED. FULLY OCCUPIED, DRIVE BY FIRST. PLEASE USE FIRST AM. TITLE (ANGIE GOYA). CLICK SUPPLEMENTS FOR SURVERY MAP, RENT ROLL (ACTUAL) AND FINANCIALS.
$2.68m
Dillingham
918 Hikina Lane, Honolulu
Multi-Family Home
$2,680,000
FULL HOLLOW TILE BUILDING! 10 Units (8 (2) bedroom 1 bath and 2 (1) bedroom 1 bath)! 5 units went through complete renovations in 2020 (Flooring, Kitchen, Bathroom, Appliance, Painting, etc) Recently, added coin operated laundry room to help offset expenses. Exterior of building was painted in Dec. 2019. rent roll still has room for improvement! The 5 units that were not renovated are still under market rent. 1 Water Meter, 10 Gas Meter and 10 Electric Meter. PLEASE DO NOT DISTURB TENANTS OR WALK ON PROPERTY
$1.33m  $40,000
Kapalama
1220 Kaauwai Place, Honolulu
Multi-Family Home
$1,330,000  $40,000
Move-in condition, perfect for multi-generational living or for investment. Back house built in 2015, with 6bd/4ba, approx. 2656 sqft living area. Front house built in 1942, with 3bd/1ba, approx. 1004 sqft living area. Approximately 5 parking spaces. Close to China town, Costco, and Kamehameha Shopping Center. Back house upstairs is currently tenant occupied and will be move out on 6/15/2021. Buyer to cooperate in Seller's 1031 exchange at no cost to Buyer. (Monthly property tax is based on 2020 assessment)
In Escrow - still showing
Multi-Family Home
$1,895,000
If you are looking for the classic Kailua charm, look no further! What a great opportunity to own a Multi-Family home in the desirable Lanikai neighborhood. The main house is very spacious with an open concept living area and custom storage closet nooks. The 1 bedroom cottage is situated privately in the back part of the property. Live in one and rent out the other. Currently generates rental income, 1 bedroom rents for $2,175.00 the 3 bedroom rents for $4,150.00 a month. Enjoy the World famous beaches at your footsteps. Come and see what this wonderful lifestyle has to offer you.
$1.58m
Nuuanu-lower
71 Kauila Street, Honolulu
Multi-Family Home
$1,580,000
Number of units differs from Tax Record. Six unit apartment complex in Nuuanu. (4) two bedroom units, (1) 1 bedroom unit and 1 studio unit. Most units have their own W/D hookups. Total of 5 electric meters. Two units include Unit E has solar panels installed in 2012. Conveniently located near Downtown Honolulu, Nuuanu, H-1 on/off ramps, and Pali highway.
Multi-Family Home
$8,495,000
Over 4.5% CAP RATE !!! Next to Hawaii Convention Center & entrance to Waikiki. Rents are below market which provides lucky investor an opportunity to greatly increase cash flow. Bldg 100% occupied, currently zero vacancies. Great revenue-earning property for investment. All concrete building-super quiet for tenants, well-kept exterior and landscaping, excellent condition. 33-unit building has 15 rentable stalls for parking. Units individually metered for electricity. Laundry facility conveniently in building. Highly desirable rental units due to central location. Across the street from Ala Moana Shopping Center. Short walk to stores, grocery, beaches and bus stops. Bike/Walk friendly area.
In Escrow - still showing
Multi-Family Home
$1,850,000
This truly special and turn-key investment property is nestled between Punalu'u Valley and the Pacific Ocean with serene views over kalo fields into the lush valley. Two duplexes and 2 single family homes for a total of 6 units (4 of which were remodeled in the last 6 years) on a 37,004 sq ft R-5 lot. The other 2 need updating, but all six units are occupied with happy tenants for steady income, even during the pandemic. Zoning of this very unique lot allows one house per 5,000 sq ft for even better development potential. Exterior showings by appointment only. Please do not disturb the tenants. Note: Some photos are several years old, from last vacancy.
Multi-Family Home
$3,850,000
Motivated Seller. Fully occupied. Great investment property. Two - Studios, two - 1 bedrooms, five - 2 bedrooms, and two - 3 bedroom units. Tax office records do not match listing. Land area is 12,000 square feet. Property is located near Waikiki. Net Operating Income is $143,250.00 per year.
In Escrow - still showing
$2.4m
Wahiawa Area
304 Ohai Place, Wahiawa
Multi-Family Home
$2,395,000
Income property in Wahiawa Town! Wonderful opportunity for a cash flow investor, with a solid rent roll. $16K+ gross rents per month! 5%+ cap rate on actual cash flow! 14 total units: (12) 2-bedroom units and (2) 1-bedroom units. 14 parking. New fence surrounds the property for added privacy/security. Location convenient to many amenities nearby: shopping, restaurants, and much more in charming Wahiawa Town, 30min to Haleiwa.
In Escrow - still showing
$2.1m
Pauoa Valley
2357 Pauoa Rd, Honolulu
Multi-Family Home
$2,100,000
3 Duplex structures (6 units total). LARGE LOT. Potential for CPR or subdivision to sell off individually. Excellent location across the street from BOOTH DISTRICT PARK. All Units Occupied. Covered Parking structure onsite (6 covered stalls)
In Escrow - still showing
Multi-Family Home
$960,000
Two homes are on one 11,000 sqft lot!. Live in one and rent out the other. Great for an investment property. Each home has 3 bedrooms and 2 bathrooms with separate electrical meters. Fully remodeled in 2021. Take a nice walk to Ma'ili Beach Park where families gather to Bar-B-Q, swim, and lavish in its breath-taking sunsets! Living Sq. Ft. does not match TMK. Sold “As Is”. Buyer to perform their own due diligence.
$1.3m  $100,000
Kapalama
1035 Wong Lane, Honolulu
Multi-Family Home
$1,300,000  $100,000
Great cash flowing investment property. Mainly hollow tile apartment building with 4 units. There are three 3 bedroom/1 bath units @ $2,350-$2,500 and one 2 bedroom/1 bath unit @ $1,300. Monthly net income is $8,550. Annual net income is $79,569. 5.68% CAP Rate. Renovated in 2021 with new roof, freshly painted exterior. All units have new kitchen and bathrooms that include quartz countertops, stainless steel appliances, tiled bathroom shower walls and floors. Secured property with new security gate and new driveway with 4 assigned parking stalls. Located close to freeway access. Please do not walk on property or disturb tenants without an appointment. Seller can offer seller financing second position PMM at 25% at 4% annual interest rate amortized over 30 years, with a 5-10 year term.
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