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Hawaii Multi-Family homes for sale

78 multi-family home for sale

Virtual Tour
$1.99m  $210,000
Waimanalo
41-1702 Kalanianaole Hwy, Waimanalo
Multi-Family Home
$1,990,000  $210,000
A rare opportunity for multi-generational living in the heart of Waimanalo! This 1.1-acre property sits beneath the majestic Mount Olomana and features five single-family homes, each with its own cesspool, in varying conditions. With plenty of space and privacy, it’s perfect for extended families looking to create a shared retreat or for those wanting to renovate and make it their own. Enjoy the peaceful surroundings and the potential to build lasting memories in a truly special place. Just minutes from world-famous Waimanalo Beach and a short drive to Kailua Town, you’ll find the ideal mix of island seclusion and everyday convenience. Don’t miss this rare chance to own a legacy property in one of Oahu’s most scenic communities.
$1.48m  $25,000
Waikalua
45-519 Kamehameha Hwy, Kaneohe
Multi-Family Home
$1,475,000  $25,000
Located on an 11,421 sq.ft R-10 zoned lot at 45-519 Kamehameha Hwy in laid-back Kaneohe, this unique property includes two separate 3-bedroom homes (45-519 Kam Hwy is a 3bed/3bath, and 45-525 Kam Hwy is a 3bed/1bath). The home at 45-519 features a spacious 4-car garage underneath the home, together with a separate single car garage. Positioned along the convenient Windward corridor, both homes offer easy access to TheBus and are minutes from H-3, Pali, and Likelike Hwy for smooth commuting. Nearby Windward City and Windward Mall offer shopping, dining, and daily essentials. The property is close to Kaneohe Elementary, Castle High, Windward Community College, and other quality schools. Outdoor escapes like Hoomaluhia Botanical Garden, Kaneohe Bay, and local parks are just a short drive away. One home is vacant while the other is tenant-occupied on a month-to-month lease, allowing flexibility for owner-occupants or investors. With stable rental demand supported by nearby Marine Corps Base Hawai‘i, this is a solid opportunity in one of Oahu’s most welcoming communities. This is not a CPR. Square footage and # of bedrooms do not match tax records.
$2.7m
Punchbowl Area
962 Spencer Street, 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
$3,050,000
7 Units with good income. Good location convenient location bus line, Close to Kahala Mall, Diamond Head, and easy freeway access. Buyer to do their own due diligence.
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.
$2.4m
Kapio/kinau/ward
729 Kinau Street, Honolulu
Multi-Family Home
$2,400,000
For Sale: Rare Investment Opportunity – 20-Room Apartment + Liquor Store. Here’s your chance to own a high-demand, income-generating property in the heart of Central Oahu. This two-story apartment complex features 20 rentable rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each floor includes shared cooking areas and two bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot—a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to hospitals and medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers. Seller is conducting 1031 Exchange.
$2.99m  $477,000
Kapalama
815 Lopez Lane, Honolulu
Multi-Family Home
$2,988,000  $477,000
Completely renovated inside and out, this 3-structure legal, non-conforming gem earns better than a 7.8% return (actual). Off the ground construction means repairs are simple! All 12 two-bedrooms are permitted & renovated with new electric, plumbing, kitchens, and bathrooms, windows, doors, new roofs, paint, and more. Separately metered for water, electric, and gas (not hooked up) mean recurring utility expenses for this excellent opportunity are close to zero. Private lane access runs with the property & includes 3 parking spaces that are rented out for add’l income.
$1.6m  $26,000
Hauula
54-220 Kaipapau Loop, Hauula
Multi-Family Home
$1,599,000  $26,000
Discover the perfect investment opportunity in Hauula! Located just a block from stunning beaches, this versatile multi-unit property offers incredible potential. The upstairs unit features a spacious 4-bed, 2-bath layout, while the ground level includes a separate studio, and a 3-bed, 1-bath unit—all with private entrances for maximum flexibility. Whether you're looking for multi-generational living or rental income, this property delivers. Enjoy the benefits of leased solar panels to help offset utility costs. Embrace the island lifestyle with breathtaking coastal views, gentle trade winds, and easy access to outdoor adventures. Don’t miss this rare chance to own a piece of paradise!
$1.95m  $100,000
Kamehameha Heights
1313 Ahiahi Street, Honolulu
Multi-Family Home
$1,950,000  $100,000
Great return on a perfect starter building! All hollow tile, renovated two story walk up with new floors, kitchens, countertops, appliances, bathroom fixtures, and showers. Newly spall repair and paint in super desirable location between Kuakini Hospital and Kamehameha Shopping Center. Opportunity to add coin laundry for more income and raise rents to market rates. Don't miss out on this investment gem! Buyer to accept survey.
Multi-Family Home
$1,000,000
This listing is for 1207(parcel 32) & 1213C Palama (parcel 35). Must be sold together. Contains 3 structures. Back house is a 4 bdrm, 1 bath w/880 sf. Middle structure is a 2 story rooming house with 12 rooms, 2 showers, 4 toilets. Front structure is a 2 story with 4 bdrm, 1 bath downstairs and 3 bdrm, 1 bath upstairs. There is a 23 foot road widening setback on Palama street. Very conveniently located just 2 lots away from the Texaco Service station on Palama & Vineyard. This property needs a lot of work. But its a great location! Inactive and active real estate agent owners. Please drive by. Please don't bother tenants. We would prefer offers, subject to inspection. Assessed valued at: $1,494,0000! Open to offers.
Multi-Family Home
$10,235,000
Owning the entire 27th floor at the Ritz-Carlton Residences Waikiki Beach, specifically in the Diamond Head Tower, represents a pinnacle of luxury retreat to Hawaii. With sweeping views of the Pacific Ocean, Diamond Head Crater, and the Waikiki Skyline, the residence is perfectly positioned to offer both sunrise and sunset vistas. This full-floor residence provides unmatched privacy and exclusivity, consisting of 10 separate units of studios,1 bedrooms & 2 bedrooms. Featuring multiple bedrooms, spacious living areas, and spa-inspired bathrooms. Many of these homes are available fully furnished, making it effortless to move in, generate income through the hotel pool, or begin hosting guests. Beyond the residence, ownership comes with access to the Ritz-Carlton’s signature five-star service. This includes in-residence dining, daily housekeeping (in hotel pool), concierge services, valet parking, and access to world-class amenities like infinity pools, a fitness center, a full-service spa, and top-tier dining. The Diamond Head Tower’s location within Waikiki is unmatched, putting you steps away from high-end shopping, world-famous beaches, cultural landmarks, and vibrant nightlife.
Multi-Family Home
$3,888,888
Three properties to be sold together. 1935 9th Ave, TMK: 3-4-001-009 (Lot-15,644 sf), 1944 10th Ave, TMK: 3-4-001-126(Lot - 4,988 sf) and 1944 10th Ave Apt A, TMK: 3-4-001-041 (Lot - 8,136 sf). The three lots total approximately 28,768 sf on R-5 zoning with two street frontages along 9th Ave and 10th Ave. All improvements to be sold in "As Is" condition. Listing Agent to be On Site for all showings. Please do not disturb tenants.
Multi-Family Home
$3,888,888
Three properties to be sold together. 1944 10th Ave Apt A, TMK: 3-4-001-041 (Lot - 8,136 sf), 1935 9th Ave, TMK: 3-4-001-009 (Lot-15,644 sf) and 1944 10th Ave, TMK: 3-4-001-126(Lot - 4,988 sf). The three lots total approximately 28,768 sf on R-5 zoning with two street frontages along 9th Ave and 10th Ave. All improvements to be sold in "As Is" condition. Listing Agent to be On Site for all showings. Please do not disturb tenants.
Multi-Family Home
$3,888,888
Three properties to be sold together. 1944 10th Ave with 1-DWELLING, TMK: 3-4-001-126 (Lot - 4,988 sf), 1935 9th Ave, TMK: 3-4-001-009 (Lot - 15,644 sf) with 3-DWELLINGS and 1944 10th Ave Apt A, TMK: 3-4-001-041 (Lot - 8,136 sf) with 1-DWELLING. The three lots total approximately 28,768 sf on R-5 zoning with two street frontages along 9th Ave and 10th Ave. All improvements to be sold in "As Is" condition. Listing Agent to be On Site for all showings. Please do not disturb tenants.
Multi-Family Home
$13,650,000
Owning the entire 34th floor at the Ritz-Carlton Residences Waikiki Beach, specifically in the Diamond Head Tower, represents a pinnacle of luxury retreat to Hawaii. With sweeping views of the Pacific Ocean, Diamond Head Crater, and the Waikiki Skyline, the residence is perfectly positioned to offer both sunrise and sunset vistas. This full-floor residence offers unmatched privacy and exclusivity, consisting of 7 separate units of 1,2, & 3 bedrooms. The layout is expansive, featuring multiple bedrooms, spacious living areas, and spa-inspired bathrooms. Many of these homes are available fully furnished, making it effortless to move in, generate income through the hotel pool, or begin hosting guests. Beyond the residence, ownership comes with access to Ritz-Carlton’s signature five-star service. This includes in-residence dining, daily housekeeping, concierge services, valet parking, and access to world-class amenities like infinity pools, a fitness center, a full-service spa, and top-tier dining. The Diamond Head Tower’s location within Waikiki is unmatched, putting you steps away from high-end shopping, world-famous beaches, cultural landmarks, and vibrant nightlife.
Virtual Tour
$5.6m  $290,000
Kalama/cnut Grov
54 Maluniu Ave, Kailua
Multi-Family Home
$5,600,000  $290,000
5.22% cap rate on current income! This exceptional property offers 10 apartment units and 2 ground floor retail units in prestigious Kailua. The building was majorly renovated inside and outside including replacement of all utilities, new silicone waterproof roof and commercial grade gutter systems, all new stainless steel appliances, flooring, interiors, fencing and painting. All apartment units have dual-pane glass vinyl windows and balcony sliding doors, LED lighting, split AC units in bedrooms and living rooms, and individual full-size stacked LG washer-dryers located on the balconies. The 2 retail spaces benefit from a high visibility location in this upscale retail corridor. In addition to abundant street parking in the immediate area, there are 7 covered parking stalls. Located just moments from Whole Foods Market and Kailua Beach. This is a trophy, renovated asset in an incredibly desirable submarket where investment properties are rarely available for sale and could be “turnkey” for a buyer. The apartments and retails units have been split into separate TMKs (1-4-3-31-27-1 & -2) for lower property tax rates.
Multi-Family Home
$1,550,000
Don’t Miss Out on this stellar location mid-way between town and world-famous North Shore Oahu with excellent visibility along Kamehameha Highway, allowing for minimal vacancies. Perfect starter investment with great income at existing rents and room to increase to market. Two structures: 1 story structure is 1 three-bed and 1 one-bed unit; 2 story structure is 3 one-beds downstairs and 2 two-beds upstairs. 5 stalls w 4 covered parking and tandem stalls available (so possible 9 total). All units separately metered for electric; owner pays water/sewer. No gas. C&C trash pickup, all units have hookups, but opportunity to add coin laundry machines for more income. Not in a flood zone, so no flood insurance requirement.
Virtual Tour
$1.99m  $98,000
Kapahulu
735 Lukepane Ave, Honolulu
Multi-Family Home
$1,990,000  $98,000
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!
$3.99m  $592,000
Waikiki
2517 Ala Wai Blvd, Honolulu
Multi-Family Home
$3,988,000  $592,000
Waikiki Apartment complex with 19 units in two building on Ala Wai Blvd. with 7 one bedrooms and 7 studios, 5 units nonconforming. Bill 7 development with approximately 37 units possible. Resident manager occupies a 1-bedroom unit. Showing by appointment only with Buyer's Agent present. Do not disturb tenant occupants. Short distance from famous Waikiki Beach and convenient bus line. Buyer to do Due Diligence.
Multi-Family Home
$2,500,000
A rarely available, well-maintained, walk-up apartment building near UH Manoa that is NOT in a flood zone is a significant saving. The building is solid concrete but not on stilts. It sits on a larger-than-average lot size (over 10,000 SF.!), which allows for additional parking, more land appreciation, and less future structural maintenance. Not only is the land vast for a 6-unit building, but the units are more significant, with the 2-bed units averaging 700 SF and the 1-bed unit approximately 550 SF. The ground-floor units have private/fenced backyard areas, while the second-level apartments have city views. Don't let your investor miss out on this building. The rents are pro forma based on HUD.GOV fair market rents.
Multi-Family Home
$5,000,000
Tucked away on a quiet McCully side-street, 2009 Waiola Street is a wonderful 11-unit investment opportunity in an ultra-convenient location. This property includes 3 structures; a single level, 2-unit structure that includes yard space, plus two separate 2-story units, with room for parking for each unit. The property is partially tenanted. Inquire for rental performance. Great location nearby McCully shopping center, plus easy access to UH Manoa, Ala Moana area, freeways, and more. Interior photos represent the condition of 1 of the 11 units, available for showings.
$1.5m  $13,500,000
Lualualei
86-842 Lualualei Homestead Road, Waianae
Multi-Family Home
$1,500,000  $13,500,000
Rarely Available 5 Acre parcel in Lualualei Valley. Zoned AG-1 (Restricted Agriculture) Wonderful opportunity awaits! Added Bonus- there is Solar farm rental income with approx. 7 years left on the term. There are three existing dwellings on the property as well. Buyer will have to be prepared to install a new water line to residential properties and possibly a new water meter to utilize ag use rates. Buyer and Buyer's agent to do own due diligence. The number of dwellings and square footage does not agree with current city tax records. Income will be updated shortly. Property to be sold "AS IS". Please call your agent to schedule a showing today!
$1.43m  $174,000
Punchbowl-lower
1402 Lusitana Street, Honolulu
Multi-Family Home
$1,425,000  $174,000
UPDATE - Seller is remodeling one downstairs unit to be another rental property - adding an additional $2,000-$2,300 per month! Cash-flowing property in the heart of Honolulu. Located across the street from Queen's Medical Centre and minutes away from many government buildings, this property is highly desirable. There is a mix of business and residential with a strong rental history. A great opportunity to own a Fee Simple property with 1 business unit & 4 residential units. Dont let this one pass because opportunity does not knock twice. Easy access to the major streets and seconds from H1 make the commute very convenient. Residential units consist of ONE 3 bedroom and three 2 bedroom units. 2 residential units are located upstairs and below is an established convenience store and 2 rental units. It has 2 parking spaces. Come get this before it's gone. Please do not disturb tenants.
$1.25m
Waipahu-lower
94-769 Haakoa Place, Waipahu
Multi-Family Home
$1,250,000
Solid CMU base multi-family fully-rented 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.
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