Newest
Filters
List Map Filters Commute
Sign Up
Log In
Save search
Ask a question
Advanced filters
Lifestyle filters
Virtual Tours
Types
Price range
Beds
Baths
Square footage
Lot size
Year built
HOA fees
Listing status
Property condition
Price changes
Parking
Open House
Views
Frontage
Amenities
Land tenure
Pets allowed
Keywords
Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
Body Surfing
Tow-in Surfing
Near beaches
Near parks
Golf
listings found
View all

Hawaii Multi-Family homes for sale

66 multi-family home for sale

OPEN Dec 10, 2pm-5pm
Multi-Family Home
$1,350,000
Located in the popular Kalihi lower, very easy access to everything. There are 2 legal house- attached built in 1981/1982. Live in one and rent the other. Front house has 3 bedroom, 2 full bath, back house has 2 bedroom 1.5 bath. Each house has its own electric, water and gas meter. Both houses offer vaulted ceiling. Back house - has a newly installed vinyl wood planks on living area and the whole interior is freshly painted. Front house - has been touch up painted on the interior. The roof has been sealed and painted and the whole exterior was painted. A lot of fruit trees to enjoy like mangoes, jabong, avocado, papaya and malunggay tree. Possible to accommodate 7 car parking. Kalihi stream at the back for added privacy. The house is situated on Flood Zone X, the lot below is Flood Zone AEF. In good condition but to be “Sold As is”.
Virtual Tour
$1.25m
Wahiawa Area
328 Clark Street, Wahiawa
Multi-Family Home
$1,250,000
Captivating Property with Three Separate Dwellings! Discover the charm of Wahiawa with this unique opportunity to own three distinct residences on one property. #1 - 328 Clark St 4 bedrooms, 2 baths #2 - 1221 Kaala Ave 3 bedrooms, 1.5 baths #3 - 1227 Kaala Ave 3 bedrooms, 1 bath Nestled in the historic and charming community of Wahiawa, residents will appreciate the proximity to Wahiawa State Freshwater State Park, surrounded by the scenic Hawaii Country Club Golf Course. Additionally, the property is conveniently located near Schofield Barracks and Wheeler Army Airfield. Enjoy the best of both worlds with the tranquility of Wahiawa and the allure of nearby attractions. Famous Haleiwa is a mere 20-minute drive away, offering an array of shops, dining, and a captivating North Shore ambiance. Don't miss out on this fantastic opportunity in the heart of Wahiawa!
Travel times Find a home near
where you want to go!
Add commute
Multi-Family Home
$2,949,000
Waikiki investment property is now available! Don’t miss this opportunity to own a fourplex on a quiet one-way street in a prime area. The area offers many conveniences, such as shops, grocery stores, and restaurants, and is just a short walk to the beach. The property is currently used as a 6-unit multi-family dwelling that consists of two 1 bedroom / 1 bath units and 4 studio units. There have been many upgrades, which include plumbing, electrical, tankless water heaters, and windows for efficiency. The property is completely fenced for security, including an updated automatic driveway gate. There are also four standard-size parking stalls in the back of the property and coin-operated laundry units, which offer additional income. The property is currently 100% tenant-occupied. Please do not visit the property without an appointment or disturb the tenants. Tax records may not match the number of units; buyers to do their own due diligence. Partial seller financing may be available.
Virtual Tour
Multi-Family Home
$5,300,000
18 CMU one-bedroom units near Ala Moana with 23 parking stalls! Proforma 5.6% cap rate at market rents. Average in-place rents are $1,183, far below market, and all tenants are month-to-month. Each unit is approx. 491 SF and in classic condition, allowing an investor the opportunity to add value by renovating units and increasing rents to market rates. The property consists of 18 one-bedroom/one-bathroom CMU units, each with a private lanai, and most with a sink and mauka views. The property has a large covered parking garage with 23 parking stalls and ingress/egress from Piikoi and Alder St. The secured laundry room has 2 landlord-owned coin-operated washers and dryers and has its own bathroom for tenant convenience. There is abundant landlord storage space on-site. Building is separately metered for electricity and boasts mature landscaping. Walking distance to Walmart and Ala Moana Shopping Center.
$1.85m
Makiki Area
1319 Matlock Ave, Honolulu
Multi-Family Home
$1,850,000
Centrally-Located Rare Find, Newer Construction! Legal duplex not yet 20 years old with TWO three-bedroom, two-bath units and better than 1:1 parking—ability to earn add’l income for reserved stalls from tenants or neighbors. Desirable laundry inside units and whisper quiet interiors despite proximity to the freeway (double pane windows and split AC) mean higher rental rates. All utilities (electric AND water) separately metered with two separate, owned solar systems bringing electric bills way down for heating hot water. Stand alone shed w/ power for storage or add’l rental income. Existing termite warranty. Owner lives in one unit, rents the other.
Active Under Contract
Multi-Family Home
$1,298,000
Rare 2 detached dwellings on one lot! Perfect for multi-generational living or simply live-in and rent the other half, generating a good source of rental income. Great functional floor plan: main house built in '71 has 3-bdrm/1.5-bath and the lower level has a recreational room with a 1-bdrm and a 1 full bath, total living space is 1,544 sqft. Cottage built in '68 consist of 2-bdrm and 1 full bath, total living space is 500 sqft. Main house has upgraded kitchen, vinyl wood planks, interior painting and the lower level offers a potential to add your personal upgrades. Plenty of open parking spaces, this lot can accommodate up to 4 parking on rear side of Mapu Ln. and 1 parking on the front side on Ihe St. The dwellings have separate electric meters and share one water/sewer meter. Located in short distances to freeway access, bus-lines, highly ranked schools, medical centers, lots of local eateries, downtown Honolulu, historic Chinatown and many more essentials of the culturally rich Liliha neighborhood. A photo has been virtually staged (enhanced).
Active Under Contract
Multi-Family Home
$2,729,000
This rare investment opportunity in a highly desirable area consists of a well-maintained three-story apartment building consisting of approximately 6,870 square feet. The property is comprised of four (4) three-bedroom and one-bath apartments each ranging from 786 to 798 square feet, and two (2) two-bedroom, one-bath apartments approximately 705 SF. Current rents are below market allowing a buyer to increase rents with interior upgrades to the units. The property has common area laundry, gas lines, new water heaters and enough parking to accommodate 12 vehicles. The roof was redone 7 years ago and is in good condition.
Active Under Contract
$1.1m
Waipahu-lower
94-246 Aniani Place, Waipahu
Multi-Family Home
$1,100,000
Eight-unit investment property with great income potential! Eight 2-bedroom, 1 bath units with rents under market value. 5 units occupied (4 units are on a month-to-month lease) with 3 ready for occupancy. NOI calculated off of 2022 Income and Expense values. Property to be conveyed in "AS IS" condition.
Virtual Tour
$4.39m
Makiki Area
1545 Kewalo St, Honolulu
Multi-Family Home
$4,388,000
Investment opportunity in Makiki with easy access to the freeway and minutes from downtown. High rental income with the ability to increase over time. 3- 2 story buildings consists of 16, 1-bedroom/1-bathroom units and1, 2-bedroom/1-bathroom unit--totaling 17 units and 7 parking stalls (2 tandem) Freshly painted exterior.
Multi-Family Home
$1,599,000
EXCEPTIONAL INVESTMENT OPPORTUNITY: UNPRECEDENTED A-2 APARTMENT ZONED PROPERTY IN THE HEART OF MAKIKI! THIS EXTRAORDINARY OFFERING IS PRICED WELL BELOW THE 2023 REAL PROPERTY TAX LAND VALUE. FEATURING AN EXISTING WELL KEPT 3 BEDROOM/ 1 BATH HOME, IT ENJOYS A GREAT LOCATION JUST OFF THE MAIN THOROUGHFARE, SHARING A PAVED ROAD WITH THE POST OFFICE.WHAT MAKES THIS PROPERTY TRULY EXCEPTIONAL IS THE POTENTIAL FOR A BILL 7 REDEVELOPMENT PROJECT, ADDRESSING THE PRESSING NEED FOR AFFORDABLE HOUSING.UNDER BILL 7, YOU COULD BENEFIT FROM SUBSTANTIAL INCENTIVES, INCLUDING THE POSSIBILITY OF CITY GRANTS FOR UP TO $15.00 PER SQUARE FOOT UPON PROJECT COMPLETION. MOREOVER, THERE ARE NO PERMITTING OR UTILITY FEES TO WORRY ABOUT, POTENTIALLY EXEPEDIATED PERMITTING & REMARKABLE 10 YEAR PROPERTY TAX EXEMPTION. IN FACT, THIS PROPERTY COULD SUPPORT THE DEVELOPMENT OF A SUBSTANTIAL 30-UNIT PROJECT UNDER BILL 7. FOR FULL DETAILS AND TO EXPLORE THE DEVELOPMENT OPPORTUNITIES THIS PROPERTY HOLDS. BUYERS AND THEIR AGENTS SHOULD PERFORM THEIR DUE DILIGENCE AND REACH OUT TO THE DEPARTMENT OF PLANNING & PERMITTING AND LUO.
Virtual Tour
Multi-Family Home
$2,650,000
RARE FIND with GREAT BONES! Huge Two-Bedrooms averaging over 820 square feet each with stellar, central location and desirable construction. One-to-one parking! All units have washer/dryer hookup with opportunity to add coin laundry for more income. 5 of 7 units vacant, so pro forma rents are provided in the property info package (see Agent remarks) = you can easily ‘manage up’ this beautiful building and reposition it to gain excellent cash flow. Some deferred maintenance, property to be sold As Is, Where Is.
Multi-Family Home
$5,280,000
Trophy Property located on a non-through street blocks from famous Waikiki Beach, this beautiful building is a quiet neighborhood oasis. All units have nice lanai/balcony space for tradewind breezes and lots of natural light. New paint and brand new roof with warranty means excellent income and fantastic return! All but 1 unit has been renovated, and all covered parking spaces--all units occupied at market rents, so easy to 'plug and play' with your own management team. Tenants pay separately metered electricity, AND water, so your monthly expenses are WAY lower than normal. Nice, covered laundry area w machines leased by WASH; agreement expires 6/2024.
Virtual Tour
Multi-Family Home
$8,888,000
Extremely desirable and rare KAILUA apartment property consisting of two buildings on two lots (TMKS 1-4-3-058-018 [6,555sf] AND 1-4-3-058-019 [6,481sf]) for a total of 13,036sf of land. 1:1 parking, hollow tile construction, coin operated owned laundry, all tenants separately metered for electric, each bldg has its own water bill and coin laundry area. Roof type is modified bitument, no silicone. Residential exemption for real property taxes in use by current owner, but B-2 zoning means you can change the use to Business if you want, so there’s flexibility for future use! *AND B- and A- zoned properties can be redeveloped for Bill 7.
Virtual Tour
Multi-Family Home
$1,888,000
Super desirable central location close to beach, Waikiki, UH Manoa, and Ala Moana with 4 one-bedrooms in front two-story building (built in 1957) and 1 three-bedroom house (built in 1939) and 1:1 covered parking. All units separately metered for electric (no master meter), one water meter with very low expenses, currently self-managed. Seasoned tenant pool—this area is a tenant favorite(!)—and room for improving rents as all tenants are MTM. Laundry machines owned by tenants. Improvements include: 2 new roofs, copper plumbing inside all units, upgraded electric panels, house and Unit A : most electric rewired.
$2.09m  $90,000
Wilhelmina
1379 13th Ave unit B, Honolulu
Multi-Family Home
$2,090,000  $90,000
RARE Grandfathered in vertical CPR consisting of two Single Family Homes on lower Wilhelmina with ocean and Diamond Head views. Each home has its own TMK/address and can be sold individually. Both homes are 3 bedrooms with 2 full baths. Large carport with a long driveway to accommodate lots of parking. There are 2 walk in storage units along with PV solar paid in full. Great investment property or for large/extended families. Must see!
Virtual Tour
Multi-Family Home
$3,500,000
Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
Multi-Family Home
$2,200,000
Great Investment property in Lakeview Cir of Wahiawa with good income cash flow about 5/4% CAP! Solid hollow tile building with new roof and exterior painted in 2023. Separate laundry room with coin washer and dryer for additional income. Please DO NOT disturb tenants or walk on the property without an appointment.
$795k
Nuuanu-lower
37A Kauila St, Honolulu
Multi-Family Home
$795,000
Great location and low A-1 medium density apartment zone for this excellent cash flow investment property in town of Honolulu. There are 4 units on the property: One is 5 bedrooms and 1 bathroom , next is 2 bedrooms and 1 bathroom , another 2 units are 1 bedrooms. The units have individual electric in each unit and there is no maintenance fee for the building. The current owner made many repairs up great such as plumbing, pipes kitchen, flooring and electric and painting. The roof was replaced in 2017. Please do not disturb the tenant and make offer subject to inspection. sold "AS IS" in condition. Currently all units are fully occupied and lease on month to month. and seller is doing the 1031 exchange.
$1.51m  $55,000
Moiliili
731 Paani Street, Honolulu
Multi-Family Home
$1,510,000  $55,000
Development potential with Bill 7. Nestled in the highly sought-after urban core of Honolulu, this multi-dwelling apartment building presents a unique opportunity to experience a blend of a prime location that grants easy access to the vibrant energy of the city while offering a tranquil retreat to call home close to Ala Wai Park, Ala Moana Beach Park, McCully Shopping Center, and Ala Moana Shopping Center. Rear dwelling is hollow tile on 1st floor. Newly renovated.
Multi-Family Home
$1,395,000
Amazing investment opportunity! One of the highest generating income properties on the market! One fully renovated 2 bedroom single family home, one - 3 bedroom duplex, two - 2 bedroom duplex's, one - 1 bedroom duplex and a studio. Live in one home and use the rental income to pay your mortgage or cash flow by continuing to rent this 100% occupied property. A hidden oasis in the Makaha area located near beautiful beaches and the Makaha golf course.
$1.88m  $124,999
Kuakini
1638 Stillman Lane, Honolulu
Multi-Family Home
$1,875,000  $124,999
Investment property right in the middle of town! Close proximity to downtown, bus line, eateries, freeway access and more. Main unit is a 4 bedroom 2.5 bath which is split into a 2 bedroom 1 bath and 2 bedroom 1.5 bath with separate entrances! Live in part of the main house and rent the other 2! So many combinations and possibilities. Split unit AC in all living rooms and bedrooms. Property has more than enough parking and can fit up to 7 cars comfortably. Also potential to add additional units. Main unit is tenant occupied and is on a month to month lease and would love to stay. Studio addition completed November 2022.
$2.19m  $200,000
Makiki Area
1525 Piikoi Street, Honolulu
Multi-Family Home
$2,190,000  $200,000
This property boasts an exceptional location along Piikoi Street. The rental income is currently stable but presents significant potential for growth. Prospective new owners have the option to retain it as an income-producing property or leverage Bill 7 to develop a 34-unit apartment complex. Presently, a comprehensive 34-unit Bill 7 building plan is undergoing thorough review by the Department of Planning and Permitting (DPP). The sale package encompasses the newly devised building plan, a complete survey, and engineering reports. Notably, Piikoi Street is subject to a road widening plan. Nevertheless, the seller has secured a letter of approval from the DPP, granting permission for the construction of a 34-unit apartment. Furthermore, the sewer application has received official approval. The property consists of two existing structures: the front structures encompass 3 one-bedroom units and 5 studios, all inclusive of electricity and water in the rent. Additionally, 3 studios are located in the rear structure. It is worth noting that 2 out of the 11 units are equipped with dedicated gas meters.
$1.5m  $91,000
Waimanalo
41-1691 Kalanianaole Hwy, Waimanalo
Multi-Family Home
$1,499,000  $91,000
Multi-family opportunity with two detached plantation homes on a level 16,181sf lot (zoned AG-2)! The two structures are spaced out with ample land in the front, middle, and rear. FRONT HOUSE: 924sf 3-bedroom, 1- bathroom. Hardwood floors in living areas, tile in kitchen and vinyl plank in bathroom. HOUSE: 912sf 3-bedroom, 1- bathroom. Vinyl plank flooring throughout except for tile in the bathroom. Both kitchens were updated with granite countertops and wood cabinetry. Very private with only on one side with state and C&C on the other 2 sides. Showings by appointment only, please do not enter the property.
1 – 23 of 66 homes for sale
  1. Hawaii

Average Listing Price Hawaii for condos & homes

Median Sales Price Hawaii for condos & homes

Hawaii Neighborhood Price Trends

* information deemed reliable, but not guaranteed
Save search
Ask a question
Back to search
Share
What is your destination?
1 of 3
Maximum time to your destination
15 min
2 of 3
How do you want to get there?
3 of 3