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Hawaii Multi-Family homes for sale

80 multi-family home for sale

Virtual Tour
Multi-Family Home
$1,990,000
Don’t miss this fantastic opportunity to own in A-2 zoning with four 2 bdrm/1 bath units in a 2-story fourplex and two 1 bdrm/1 bath units in a 1-story duplex in the Kapahulu neighborhood. Situated on an almost 7,400 sq. ft. lot, the freshly painted structures have one-for-one parking and separate electric metered units that present an amazing investment opportunity! Conveniently located near parks, beaches and Waikiki with an abundance of restaurants, shopping and entertainment. Hurry this one won’t last!
Multi-Family Home
$18,500,000
This rare offering presents a stabilized, fee-simple investment opportunity featuring a total of 36 renovated units situated in the absolute heart of Waikiki. This building is high-density asset perfectly positioned to capture the district’s premium rental rates and offers a superior unit mix designed for maximum occupancy, including TWELVE 2-bedroom/2-bathroom units, EIGHTEEN 2-bedroom/1-bathroom units, and SIX 1-bedroom/1-bathroom units. Each residence has been updated to meet modern standards, providing a turnkey experience for the next owner with significantly reduced capital expenditure requirements compared to the area’s aging inventory. In addition to the robust residential rent roll, the property features an on-site laundromat with four coin-operated washers and dryers, generating consistent ancillary income. Property may differ from tax records; buyer to do their own due diligence.
$2.2m  $249,000
Kuakini
1641 Stillman Lane, Honolulu
Multi-Family Home
$2,200,000  $249,000
Welcome to 1641 Stillman Lane, a well maintained two-builfiding property in a convenient location! This seven-unit apartment buildings is full of potential. Recent upgrades include new flooring, and appliances throughout. Front building: Two 3bed/1bath and One 2bed/1bath unit with one electric meter and one gas meter. Rear Building: Three 2bed/1bath, and One 1 bed/bath units with four separate electric meters and one gas meter.
Multi-Family Home
$1,495,000
NEW LISTING!! Excellent opportunity to own a well-maintained 7-unit multi-family property in the heart of McCully zoned BMX-3! This income-producing asset features two separate structures comprised of three one-bedroom units and four studio units. The property has been recently renovated, showcasing vinyl plank flooring, fresh exterior paint, and updated finishes that appeal to today’s tenants. All units are occupied, providing immediate and consistent rental income. Conveniently located near shopping, dining and easy access to public transportation, this McCully property offers both revenue and long-term investment potential!
Oceanfront
$625k  $70,000
Makaha
84-960 Lahaina Street, Waianae
Multi-Family Home
$625,000  $70,000
Great opportunity for investor/home buyer. This listing offers two homes on approx 10,000 sq ft of land, one two bedroom one bath unit and one three bedroom 1 bath unit. You can live in one and rent out the other! Separate electrical meters, shared water/sewer meter. Addresses are 84-960 & 84-960C Lahaina Street. Listing to be sold "As-Is, Where-Is". Buyer to verify all and do own due diligence. Tax records do not reflect actual number of bedrooms.
Virtual Tour
Multi-Family Home
$3,480,000
RARE OPPORTUNITY! Discover the endless possibilities with this over 12-acre level agricultural-zoned property featuring two well-built single-family homes, perfect for multi-generational living, rental income, farming, or creating your own private estate. The first residence offers 4 bdrms/2 baths with 1,875 sq. ft. of interior living space and a spacious open-concept kitchen—ready for your personal touches. The second home features 3 bdrms/3 baths with 2,164 sq. ft. of tastefully renovated int. living space. Enjoy its bright open floor plan, luxury vinyl plank flooring, and high vaulted ceilings that create an inviting and modern living experience. With AG zoning, you gain added flexibility—grow crops, raise livestock, expand agricultural operations, or explore other permitted uses that offer potential income generation. The expansive acreage provides privacy, open space, and the opportunity to design the lifestyle you’ve always dreamed of. Don’t miss this unique chance to own a truly exceptional property with room to live, grow, and thrive!
$1.65m
Makiki Area
1329 Matlock Ave, Honolulu
Multi-Family Home
$1,650,000
Welcome to 1329 Matlock, a well maintained apartment building with a convenient location. This seven unit apartment building is full of potential. All seven of the units have one bedroom, one bathroom. Please see the separate listing of adjacent property at 1323 Matlock Ave as the sale of both properties together are preferred.
Multi-Family Home
$5,000,000
Located in the heart of Wailua on the North Shore, this expansive 8.412-acre Country-zoned property presents a rare development opportunity. Located near the infamous Paalakai Bakery. The property includes two existing homes—a 2-bedroom, 1-bath residence and a 3-bedroom, 1-bath residence—and offers generous acreage with flexibility for future plans. Convenient access from Wailua Beach Road enhances the usability of the property while allowing owners or investors to enjoy the natural beauty and lifestyle of the North Shore.
$1.25m
Waipahu-lower
94-769 Haakoa Place, Waipahu
Multi-Family Home
$1,250,000
Solid CMU base multi-family fully-rented ($5900 gross/mo) investment property consisting of (4)-2Bdrm Units and (6)Parking spaces. Individual electric meters and each unit has own laundry area. Located behind Servco Toyota Waipahu, minutes to the rail station, Tanioka's, restaurants, and various other shops.
Multi-Family Home
$1,495,000
Well-located two-story, 4-unit apartment building in the heart of Kalihi, offering stable income today with multiple layers of future upside. The apartments have been recently lightly renovated. Although currently operated as a 4-unit residential apartment building generating immediate rental income, the property is zoned for I-2 Intensive Industrial District, allowing for potential conversion, redevelopment, or alternative use, subject to buyer’s due diligence and approvals. The property is located just a few blocks from Amazon’s Honolulu distribution center, a major employment hub that supports long-term rental demand and neighborhood appreciation. Conveniently located with easy access to major streets and highways, and close to bus lines, schools, shopping, and dining, making it attractive to both tenants and future redevelopment-minded buyers.
Multi-Family Home
$2,200,000
Located between Kaimuki and Kahala, this property features 3 buildings on 10,000 sq. ft. of land. Includes 10 bathrooms and 4 kitchens. Public records do not match, buyer to do their own due diligence. This property is being sold as is.
$2.7m
Punchbowl Area
962 Spencer St, HONOLULU
Multi-Family Home
$2,700,000
Located in Makiki this property features 2 building with 3 total units. Unique income earning potential on a spacious lot. Bill 7 opportunity? Buyer to do their own due diligence. This property is being sold as is.
Multi-Family Home
$3,950,000
Located across from the former Willows Restaurant in the McCully–Moiliili area, this A-2 zoned multifamily property offers immediate upside through renovation and lease-up. Situated on an 11,040 sqft lot, the property consists of three separate buildings with a total of eight units, including seven two-bedroom units and one three-bedroom unit, all separately metered for electricity. Current rents are below market and two units currently vacant, requiring renovation and presently used as storage. All tenants are month-to-month, providing flexibility for repositioning. The buildings were constructed in different periods: the front-left structure is a one-story duplex built in 1941; the rear-right building is a two-story structure built in 1954, containing four units (two per floor); and the front-right building is a three-story structure built in 1976, featuring a two-bedroom unit on the first floor and a three-bedroom unit spanning the second and third floors. Parking includes a two-car carport, a four-car carport, and several additional open parking spaces. Buyer to conduct their own due diligence. Do not disturb tenants.
$10m  $235,001
Makiki Area
1812 Anapuni Street, Honolulu
Multi-Family Home
$9,999,999  $235,001
1818 Anapuni Apartments, a 23-unit, one and two bedroom, apartment complex located in the highly desirable Makiki neighborhood of Honolulu, Hawaii. The property consists of a total building area of 15,480 square feet situated on a land parcel of approximately 16,207 square feet. The property is a solid concrete, four-story mid-rise built in 1969, offering 23 residential units and 24 parking stalls. Recent upgrades include a 30-panel solar PV system on the roof and coin-operated laundry facilities. The site is classified as a Class C apartment asset and is zoned A-2 for apartment use. The building’s durable construction, practical amenities, and well-maintained condition ensure stability for investors. The lot is clear, and the property is well positioned within a stable and established upscale market. Renovated in 2023, 1818 Anapuni Apartments benefits from a central Honolulu location, providing residents with convenient access to Downtown Honolulu, prominent schools like Punahou and Maryknoll, and attractions such as Ala Moana and Waikiki. The Makiki area is recognized for its strong sense of community and supports a strong demand from both local and incoming residents.
$4m  $150,000
Moiliili
2711 Waiaka Road, Honolulu
Multi-Family Home
$4,000,000  $150,000
This recently rehabbed 8-unit multifamily property in the heart of Moiliili offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. With 8 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Property is ready to be leased with projected monthly rents of $20,000 provides immediate returns with minimal near-term capital expenditures. *Seller is also selling adjacent 8-unit apartment building and both properties can be sold together, 829 Waiaka Place, MLS#202600664, TMK 1-2-7-27-51
$3m  $200,000
Moiliili
829 Waiaka Place, Honolulu
Multi-Family Home
$3,000,000  $200,000
This recently rehabbed 6-unit multifamily property in the heart of Moiliili, offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. With 10 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Property is fully leased with monthly in-place rents of $14,850 provides immediate returns with minimal near-term capital expenditures. *Seller is also selling adjacent 8-unit apartment building and both properties can be sold together. 2711 Waiaka Road, MLS# 202600662, TMK 1-2-7-27-21.
Multi-Family Home
$1,450,000
Great for multi-generational living or live-in landlord: occupy one floor, and rent the other! Separate entrances for two units in a single family home located in A-2 apartment zoning. Upstairs is a 3-bedroom/2-bath unit paying $3750/mo, and downstairs 2-bedroom/1-bath has $2650 rental income. Tenants pay electricity. Ceramic tile flooring on ground level for easy care, and vinyl plank flooring for upstairs. Each unit features generous-sized bedrooms, and over 400 sq ft living / dining rooms. Full-size 2 car garage, plus pad & driveway parking. This central location is in proximity to many urban conveniences, with nearby freeway access and strong rental demand. It's ideal for owner-occupants or investors seeking both versatility and value.
$4.85m
Moiliili
705 Hoawa St, HONOLULU
Multi-Family Home
$4,850,000
Rare 20-unit corner lot apartment investment - Cash-flowing with significant upside on Kapiolani Blvd. Tax records reflect the property address as 705 Hoawa Street, Honolulu, HI 96826, with the front building addressed at 2304 Kapiolani Boulevard, Honolulu, HI 96826. This rare offering features two apartment buildings situated on a 14,607 SF corner lot at Kapiolani Boulevard and Hoawa Street, near Isenberg. The property consists of 20 total units, all two-bedroom apartments (10 units per building), and includes 12 parking stalls. The property currently generates monthly rental income of $29,865, units rented at below-market rates, presenting a compelling value-add opportunity through renovation and rental optimization. An exceptional opportunity for investors seeking scale, upside, and long-term growth in a prime Honolulu corridor. Sold As-Is. Please do not disturb tenants.
Multi-Family Home
$3,900,000
Each House for less than $1.0M! TRY COOPERATIVE ownership-buy w/friend. Each owner has their own house + rent income from other 2 houses! DIAMOND HEAD COTTAGES terrific Rental Invest-quality property4 legal full size 2 story individual homes! Flexibility, privacy, comfort & easy living. Views of Kapiolani Park/Waikiki. Loc base Diamond Head 3-6 min.to beach, Kahala Mall; Kaimuki "Foodie" neighborhood; Culinary Inst; Farmer's Market; Kapiolani Park; Zoo; Beach; freeway & bus access etc. Loc boasts the BEST weather on Oahu-sunny blue skies & cooling trade winds. Prime high demand living area. Hayden has City improved sidewalks & underground utilities. EX rental rates & cash flow.3 Homes w/6 bedrooms 2.5+ baths & 4th home has 5 bedrooms 2.5+ baths. Front #1 Liv Area 1,992; Unit "A" (2nd from St) Liv Area 1,792; Unit "B" (3rd from St) Liv Area 1,664;& Unit "C"(end)Liv Area 1,792. A great BUY! Income & Exp. figures short as of Dec 2025 due to vacancy in "B"; now rented for $5,000. "C" now rented $4,850/$5,000.Updated Income & Exp. figures will be provided when available. DREAM property for COOPERATIVE OWNERHSHIP-EACH HOUSE LESS THAN $1M- NOT A CPR. Get Creative! See MLS#202603761.
Oceanfront
$5.19m  $110,000
Ewa Beach
91-249 Ewa Beach Road, Ewa Beach
Multi-Family Home
$5,190,000  $110,000
Two. Gated, Ocean-Front Properties for sale with 4 houses, 1. TMK:1-9-1-023-023-0000 (A&C Houses on 12,3 sq f lot) 2. TMK:1-9-1-023-106-0000 (C&D Houses on 12,482 sq ft lot) On a Beautiful, White Sandy Beach with Diamond Head View. Open area to build another house. Security System.
Multi-Family Home
$14,000,000
TMK 1-5-8-004-066 is included with this sale. Two Parcels, prime for Development into Numerous Residential Parcels via CPR (Subject to approvals). Incredible Opportunity... Residential Large Double Parcel.
$1.7m  $78,000
Maili
87-879 Apuupuu Road, Waianae
Multi-Family Home
$1,699,000  $78,000
Rare opportunity to own nearly four and a half acres of prime land in Waianae, Hawaii, offering exceptional flexibility for a private island lifestyle with mountain views. This expansive property features multiple potential building sites, each with separate access, ideal for creating a multi-dwelling estate, family compound, or income-producing retreat. The land is well-suited for equestrian use, with ample space for horses, stables, and riding or walking paths, while still preserving privacy and open views. Numerous mature trees provide natural shade, beauty, and a serene atmosphere throughout the property. Enjoy the freedom to design your dream lifestyle—whether agricultural, recreational, or residential—in a peaceful rural setting just minutes from beaches and Waianae town amenities.
Multi-Family Home
$7,300,000
FIRST COMPLETED BILL 7 APARTMENT BUILDING FOR SALE! 311 Puuhue Place is a newly constructed five-story walk-up completed in 2022 under Honolulu's Bill 7 program, consisting of twenty-five one-bedroom units on 5,110 square feet of fee simple A-1 zoned land. The property includes nine parking stalls, bicycle and moped parking, and electricity and water submetering monitored by Ikehu Utility Solutions. Each unit features in-unit waster/dryer, water heater, refrigerator, and stove/oven. Income and expenses stated are proforma. Bill 7 exemptions include real property tax and general excise tax through 2032. Please contact Listor for additional details. PLEASE DO NOT DISTURB TENANTS OR WALK ON THE PEROPERTY WITHOUT PERMISSION. Note: One or more photos may have been enhanced.
Multi-Family Home
$1,675,000
Are you looking for a Multi-Family and/or an Income Property? One Lot with Two Updated Homes each includes Upper-Level Main Living areas and Lower-Level Guest Quarters with private entrances. Located above the airport at an ideal elevation w/panoramic Ocean&Sunset views in a quiet neighborhood w/convenient access to Kailua-Kona town & the Kohala Gold Coast.Both areas offer a variety of restaurants, shopping & beaches. North located home: The open-beam ceilings in the Great Room divide the two-bedroom suites, each w/a walk-in closet, four-piece bathroom,sliding doors to private covered tiled lanais. Kitchen has bright white cabinets & appliances.Guest quarters have 2bedrooms/1 full bath, wet-bar, cabinets, vinyl & tile flooring.West side windows w/ garden views. Separate entrances to the Storage Room & Laundry.Two storage buildings for yard tools & beach toys are towards the back of the property. South located home: Two car carport & laundry closet, new roof, open-beam ceilings, 3 bedroom & 1¾ bath.Updated Kitchen, bathrooms & tile floors.Covered Lanai the full length of the house on both levels.Guest quarters 1 bedroom/1bath, updated bathroom,wet bar,cabinets,vinyl & tile flooring.
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