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Hawaii Multi-Family homes for sale

78 multi-family home for sale

$8.25m
Wahiawa Area
55 Walker Ave, Wahiawa
Multi-Family Home
$8,250,000
Rare and desirable centrally-located building in the heart of Wahiawa with hollow tile construction. This securable threel-story walk up apartment building with 33 one-bedrooms 3 two-bedrooms with 33 parking on huge lot has ultimate accessibility to eateries, shops, and services. Excellent opportunity to increase rent and maximize returns awaits! Landlord pays for water. All tenants pay their own electric, most MTM. Coin owned laundry.
$2.68m  $200,000
Kapahulu
718 Kamuela Ave, Honolulu
Multi-Family Home
$2,680,000  $200,000
Attractive Income - Seize an opportunity to own this 2025 fully renovated multi-family property in Kapahulu, a neighborhood abundant in amenities commanding low vacancy rates. Ample parking for 8 units, each with a private yard or lanai. Five 1-BD/1-BA units are divided between the two buildings on the ground floor. On the upper levels, you’ll find two 2-BD/1-BA units at the rear building, and the 3-BD/2-BA unit at the front building. Brand new appliances including fridge, stove/oven, and microwave hood, plus washer for each unit. Tenant pays parking, and separately metered electric & gas. Proximity to Waikiki, UH Manoa and other highlights, this location is highly rated for walkability & bus routes. Parking includes 4-car tandem parking in carport, tandem spaces on driveway, and frontage pad parking for 2 vehicles. Your investment portfolio will appreciate this exploration of value and potential in this turnkey property!
$3.7m  $125,000
Makaha
84-1111 Hana Street, Waianae
Multi-Family Home
$3,700,000  $125,000
Location, location, location! One block from pristine ocean frontage—don’t miss out on this rare apartment property. Previously run as an historic hotel, current use is legal non-conforming. 17 two-bedrooms and huge lot with 20 parking and possible further development potential. Opportunity to value add and raise rents to market hollow tile construction. All tenants pay their own electric and landlord pays water. Pool not in use can be uncovered and used!
Multi-Family Home
$2,300,000
Super Location. Steady income stream AND rents are below market. Expenses are manageable. Self-managed property owners will find rental business easy. Close to University, public and private schools. Approximately 1 to 2 blocks walking distance away to bus stop and mini shopping malls.
Multi-Family Home
$1,495,888
Exceptional business opportunity in a commercial B-2 zoned district. Situated in the heart of Liliha St., this versatile building features a well-established retail flower shop with two bathrooms on the first level. The second story features 7 bedrooms, 2 baths, with tenants living in residential. The property garners $5,248 per month in income. Rent is much lower due to accommodating real estate showings. 2025 bath renovations and 2022 upgrades include cabinets, floors, and bathrooms. Multi-generational and/or commercial. Coming back on market after holidays in 2026.
$2.48m  $120,000
University
2908 Varsity Circle, Honolulu
Multi-Family Home
$2,480,000  $120,000
Investor Alert – Turn-Key 8-Unit Property! 2908 Varsity Circle is a well-maintained multifamily property featuring 8 units, each with separate electric meters (8 total) and one water meter, streamlining utility management. The property brings in a strong monthly rental income of $12,920, offering immediate cash flow. Recent upgrades include updated exterior meter box breaker panels, improving safety and reducing long-term maintenance costs. Ideally located near the University of Hawai?i at Manoa, popular local restaurants, shopping, and major business institutions, this property also offers easy access to the H-1 Freeway in both East and West directions—making commuting simple for tenants. With a stable tenant base and desirable central location, this is a rare opportunity to own a high-performing, income-producing asset in one of Honolulu’s most sought-after neighborhoods.
$1.88m  $300,000
Hauula
54-11 Waikulama Street, Hauula
Multi-Family Home
$1,880,000  $300,000
An excellent opportunity to own a duplex just steps from the ocean on O?ahu’s scenic windward coast. This two-unit residence offers two 3-bedroom, 1-bath units with separate entrances—ideal for extended family, rental income, or both. Situated on nearly 2 acres across two adjacent R-5 zoned lots, the property offers flexibility for future development or expansion. Enjoy the peaceful charm of Hau?ula with beaches, shops, and amenities nearby. Sale includes adjoining lot at 200 Kamehameha Hwy (MLS# 202517698).
$2m  $200,000
Pauoa Valley
2153 Booth Road, Honolulu
Multi-Family Home
$2,000,000  $200,000
Price reduction! A rare opportunity of an income property in Pauoa Valley. Two, duplexes offering a total of four income-generating units. This property features: two - 3 bdrm/1 bath, one - 3 bdrm/2 bath, one - 2 bdrm/1 bath. Ideal for steady rental income or multi-generational living. Situated on 8,388 sq. ft. and includes 8 parking stalls. Each dwelling has a separate electric meter. Back house needs flooring and cosmetic work. Front house is ready to occupy. Also listed as MLS 202517059
$6.5m  $388,000
Mccully
1716 Kalakaua Ave, Honolulu
Multi-Family Home
$6,500,000  $388,000
Look no further to build your Hotel or new Apartment, or renovate/refurbish the building, which has 16 residential units and two (2) commercial spaces. The owner had lived in the building for years and had not rented it out. It is near the Convention Center, Waikiki, and Ala Moana. The building needs a lot of TLC. The place is ideal for future building development. Please do not enter the building, drive by only. NO SHOWING. Motivated seller.
$1m
Wahiawa Area
318 Ohai Pl, WAHIAWA
Multi-Family Home
$1,000,000
This well maintained triplex features 2 beds and 1 bath in each unit, separate entrance, separate backyard with storage and wash areas. Great opportunity for those who would like to build their investment portfolio. Live in one and rent out the other two units. Four parking spaces. Large Space under the building for storage. Two minutes away from Schofield Barracks Army base and Whitmore military housing installation. Close to shopping centers, restaurants, bus lines, and easy access to the H2 freeway.
Multi-Family Home
$1,250,000
Don’t miss this rare opportunity to own a solid two-story hollow tile fourplex. Each unit features 2 bedrooms, 1 bathroom, and 2 parking stalls, offering strong rental demand. The property sits on IMX-zoned land, opening the door to a variety of potential uses and future development opportunities. There’s also a vacant portion of the lot—perfect for adding additional units or creating extra income streams (buyer to verify). All units are individually metered for electricity, with tenants responsible for their own usage. Property is in close proximity to stores, restaurants, schools, H-Mart and much more. Whether you're looking to grow your portfolio or start with a stable income-producing property, this is a great opportunity! Don't wait, schedule your viewing today and take hold of this amazing opportunity! You can lower the property tax by submitting the Residential Dedication form.
Multi-Family Home
$3,600,000
Two Parcel Multifamily Opportunity ( Must be sold together ) This offering includes two adjacent fee-simple parcels (TMK112-006-118 & TMK112-006-0017), delivering versatile income potential in the two parcels,12 income-producing units with reliable cash flow , designated parking , and a prime location, Near by Young Brother and Amazon warehouse Parcel A (1611 Kahai): A well-maintained low-rise with 6 one-bedroom units. With Individual Electric meter for each Unit and One water Meter. 5 Designated parking stalls Parcel B: (1617 Kahai) Includes two distinct dwellings— front house have total of 4 bedroom. 2 bedroom 1 bath Main floor and 2 bedroom 1 bath basement , Both rented separately .Rear Dwelling, containing 4 studios units with individual meter, for each unit. 3 Parking stalls Property differ rom Tax Record, Please do Not Walk on Property or Disturb the Tenants:
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.
$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!
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
$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
$5.59m  $12,000
Kalama/cnut Grov
54 Maluniu Ave, Kailua
Multi-Family Home
$5,588,000  $12,000
PRICE REDUCTION! 5.5% 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!
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.
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