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Kapalama homes for sale & real estate | Honolulu

Kapalama properties for sale : 7 multi-family home, 5 land, 4 condos, 4 homes

Multi-Family Home
$1,170,000
Centrally located to various businesses servicing Oahu communities. This property is located near North King Street, providing easy access to H-1 East or H-1 West on-ramps and the bus line. This hollow-tile, two-story walk-up has 4 vacant two-bedroom, one-bathroom units with lanais that provide space for water heaters and washers. It was re-roofed in September 2025. There are four parking stalls in front of the building, 2 open and 2 covered. There are four electric meters, one per unit and one water line serving the building. The Income Information in the MLS is hypothetical. The units have been vacant for many years, and no financial information is available. The buyer must do their own due diligence for this component. Do not walk onto the property without a confirmed appointment. Note: One or more photos may have been enhanced.
Virtual Tour
Home
6 bd
1,760 sqft
$950,000
6
bd
1,760
sqft
Fantastic multi-family living or investment opportunity! Hollow tile 2 story home with separate living areas and entrances; 3BR, 1BA Upstairs and 3BR, 1BA Downstairs. 11 PV panels, 2 car carport, completely fenced yard. Zoned IMX-1. Upstairs hardwood flooring has termite damage and needs repair or replacement. 3D Virtual Tour Available.
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Multi-Family Home
$1,359,000
A rare investment opportunity awaits in Kapalama with this well-maintained four-unit apartment building. The property features four units, each offering two bedrooms, one bathroom, and one assigned parking stall. All units are equipped with washer connections and are individually metered for electricity allowing tenants to cover this utility cost and helping reduce owner expenses. Located in a strong rental market, the property is 100% occupied and produces strong income with an estimated net cap rate of approximately 5%!! Whether you are entering the investment market for the first time or expanding an existing portfolio, this property offers solid long-term potential. Conveniently situated near everyday essentials including shopping, dining, gas stations, convenience stores, and major bus routes, the location provides excellent accessibility for tenants. Please respect privacy and do not disturb tenants or enter the property without a confirmed appointment.
Land
0.115 acres
$1,600,000
0.115
acres
5,000 SF fee simple I-2 zoned parcel. Lot is concrete paved and partial perimeter fencing, providing usable yard space for storage, parking, or contractor use. Convenient access to Nimitz Highway and surrounding routes. Adjacent 5000 sf property with 4,400 sf warehouse at 1818 Kahai Street (TMK: 1-1-2-005-100) also available. See MLS 202604169. Showings by appt only. DO NOT DISTURB TENANT.
$319k
Kapalama - 1555 Pohaku
1555 Pohaku Street unit A202, Honolulu
Condo
1 bd
617 sqft
$319,000
1
bd
617
sqft
1555 Pohaku is a quiet, low-rise condominium that truly feels like a hidden gem. Despite its boutique size, the building is equipped with an elevator and offers secured, gated parking for peace of mind. The property enjoys excellent access to the H-1 Freeway and is conveniently located near Costco, Kamehameha Shopping Center, and a wide variety of local restaurants. The surrounding neighborhood is a well-balanced mix of residential and business use, making it one of Honolulu's most practical and desirable areas for everyday living. Sunrise light fills the living space, creating a bright and welcoming atmosphere-perfect for starting you day. Units of this size, including one assigned parking stall and low monthly maintenance fees, are extremely rare in today's market.
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.
$2.7m  $100,000
Kapalama
1039 Wong Lane, Honolulu
Multi-Family Home
$2,700,000  $100,000
Excellent investment opportunity in Honolulu with NOI of 5%, ideal for investors looking to start or expand their real estate portfolio. This income-producing property features eight detached homes (addresses 1039A to 1039H) situated on a large, level 21,290 sq ft lot. The unit mix includes six 2-bedroom, 1-bath homes and two 3-bedroom, 1-bath homes, offering broad rental appeal. Each unit has a separate electric meter, allowing tenants to cover their own utilities and minimizing operating expenses for the owner. Located near Chinatown, Downtown, Lanakila Health Center, shopping centers, and major bus lines, the property benefits from high rental demand and strong occupancy potential. One unit (Unit F) has already been renovated with the opportunity to improve other units over time and boost rental income. This is a cash-flowing asset with long-term appreciation potential. The lot size may also offer future development or expansion potential (buyer to verify). Rarely does a property with this scale, flexibility, and location come to market. Offers are subject to inspection. Please do not disturb tenants or drive by without an appointment. Property to be sold in “As Is” condition.
$2.55m  $138,000
Kapalama
219 Kalihi Street, Honolulu
Multi-Family Home
$2,550,000  $138,000
An incredible opportunity to acquire a fee-simple, I-2 Zoned property with an existing 6 unit apartment building and excess parking lot leased to a commercial transportation company. Collect the cash-flow while you plan your redevelopment of the property for your business. Utilities are separately metered, owner pays for water. Washer and dryer hook ups are available. The corner lot property is well positioned in Kalihi Kai, within proximity to Amazon's new distribution center, Honolulu Harbor, Daniel K. Inouye International Airport, future Skyline stations, Downtown Honolulu, and major thoroughfares.
$290k  $10,000
Kapalama - Kapalama Gardens
1325 N School Street unit C323, Honolulu
Condo
2 bd
556 sqft
$290,000  $10,000
2
bd
556
sqft
Welcome to Kapalama Garden. This newly painted 2-bedroom, 1-bath unit offers comfortable living with easy access to shopping center, bus stops, schools, and other nearby amenities, making daily errands and commuting a breeze. The building features a resident manager and community laundry facilities for added convenience. 1 assigned parking stall is include and guest parkings available. Enjoy the benefits of urban living in a centrally located community — perfect for first-time homebuyers or investors.
Land
0.079 acres
$700,000
0.079
acres
Seldom found — Level R-5 zoned lot in the heart of Kapalama. Less than a one-minute drive from N King St., this property presents a prime opportunity for contractors or those looking to build their dream home. Great potential and possibilities await!
$99k  $50,000
Kapalama - 1555 Pohaku
1555 Pohaku Street unit A408, Honolulu
Condo
1 bd
550 sqft
$99,000  $50,000
1
bd
550
sqft
Use you imagination and remodeling expertise and experience to bring this condo back to life. Kitchen, living room and bedroom have already been demo'd for you. Location is ideally located near Kam Shopping Center, freeway access, bus line and Lanakila District Park.
Multi-Family Home
$1,995,000
Prime Industrial-Zoned Investment Property on a corner lot. Exceptional opportunity to acquire an industrial-zoned property featuring two detached structures with a mix of renovated residential units and an industrial space. Structure One: Four (4) 2 bed / 1 bath units. Structure Two: Two (2) 2 bed / 1 bath units, one (1) 3 bed / 1 bath unit, plus an industrial unit offering versatile use options. All residential units were fully renovated in 2021, ensuring modern finishes and strong rental appeal. The property spans 7,164 sq. ft. of land, offering solid income-producing potential. Perfect for investors seeking stable cash flow with upside potential, or for an owner-user looking to combine industrial operations with on-site housing.
Home
6 bd
2,610 sqft
$3,888,000
6
bd
2,610
sqft
A building and a well established grocery convenience store, liquor store, water refilling station, ATM machine in a thickly populated location. This business has been operating for 19 years and successful in maintaining customers and services and reputation. The business offers great opportunity as sale includes the business inventories, equipment, appliances plus 6 bedroom, 2 bath on the second floor. Also, 6 parking stalls and owned photovoltaic solar panels. A rate opportunity to takeover owning a building & profitable business with successful operation.
$375k
Kapalama - K KAYA APTS
828 Puuhale Road unit 209, Honolulu
Condo
2 bd
576 sqft
$375,000
2
bd
576
sqft
WELL KEPT UNIT * 2 BEDROOM, 1 BATH WITH LANAI * RENOVATED 2020 * GRANITE COUNTER TOP * KITCHEN CABINTES * CERAMIC TILES * ASSIGNED PARKING #28 * GAS RANGE * REFRIGERATOR * WASHER * WATER HEATER * CEILING FANS * WINDOW A/C * RECENTLY PAINTED * CLOSE TO BUSINESS CENTER: AMERICAN SAVINGS, FIRST HAWAIIAN BANKS, CENTRAL PACOFIC BANK * RESTAURANTS: ZIPPYZ, GOLDEN COIN, HONG NIEN, SUBWAY, BBQ & LITTLE CAESAR PIZZA * SCHOOLS: KALIHI KAI ELEM, KALAKAUA MIDDLE, FARRINGTON HIGH & MORE * DOCTORS CLINICS. CLOSE TO BUSLINE & UPCOMING RAIL LINE. SUBJECT TO REPLACEMENT *
Land
0.064 acres
$785,000
0.064
acres
ZONED - IMX-1 INDUSTRIAL COMMERCIAL * GOOD LOCATION * VACANT LOT - 35 FEET X 80 FEET * ZONED - INDUSTRIAL C0MMERCIAL * READY TO BUILT * COMMERCIAL / OFFICE / WAREHOUSE * HAVE A NEW WAREHOUSE PLAN ON SUPPLEMENT - 34 FEET X 79 FEET * CLOSE TO NORTH KING STREET / ON GULICK AVE * NEAR BUSINESS DISTRICT: AMERICAN SAVINGS, CENTRAL PACIFIC BANK, OFFICES, DENTAL & DOCTORS CLINICS, GROCERY STORES & RESTAURANTS * HARDLY AVAILABLE ZONED IMX-1 PROPERTY CLOSE TO BUSNESS DICTRICT & TOWN
Home
5 bd
1,892 sqft
$1,050,000
5
bd
1,892
sqft
Investment opportunity! Features:2 bedroom separate unit on 1st floor, 3 bedroom 2nd floor, 4 baths, 4 parking spaces, separate electric meters. This property is zoned commercial. SOLD "AS IS".
$599k  $100,000
Kapalama
194 Kalihi Street, Honolulu
Land
0.046 acres
$599,000  $100,000
0.046
acres
Unlock the potential of your business on this strategically located commercial/industrial vacant lot. Situated at a prominent intersection, it offers unparalleled visibility and effortless access for customers and operations alike. Design and build the custom commercial facility your business deserves. Tax amount monthly is based on the 2024 tax year. Buyer to conduct due diligence as well as LUO uses for this lot. Rendering of the building on the lot is for illustration-purpose only and does not represent conformity to land use and DPP regulations.
$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.
Home
15 bd
3,958 sqft
$1,250,000
15
bd
3,958
sqft
Opoortunity is knocking on this incredible porperty. Zoned IMX-1, this property zone holds immense potential! Two separate structures; the front structure includes separate entrances, while the back structure is a 4 unit concrete tile building, each unit being a 2-bedroom, 1-bathroom setup. Back structure has four separate electrical meter, each unit has its own electrical meter. This property is a gem.
Land
0.082 acres
$740,000
0.082
acres
Excellent Location! Level Fee Simple Vacant Lot! Priced Below C&C Assessed Vale! Easy to See, BUT please do not enter property!
1 – 20 of 20 homes for sale
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Lifestyle & outdoors In Kapalama

3 surf spots in this area

Point Panics
Type: surfing
Flies
Type: surfing
Point Panic
Type: body-surfing
Kaka'ako, Honolulu 1-5 Dangerous rocks and reef bottom

25 parks in this area

Fern Community Park

Kamehameha Community Park

Kalihi Waena Neighborhood Park

Mokauea Street Mini Park

Peter Buck Mini Park

Loi Kalo Mini Park

Alewa Neighborhood Park

Kalakaua District Park

Lanakila District Park

Kunawai Neighborhood Park

Kunawai Springs

Auld Lane Mini Park

Kanoa Street Mini Park

Palama Triangle Mini Park

Banyan Court Mall

Liliuokalani Botanical Garden

Foster Botanical Garden

Kauluwela Community Park

Kauluwela Mall

Beretania Community Park

College Walk Mall

Pauahi Recreation Center

River Street/Sun Yet Sen Mall

Aala Park

Kila Kalikimaka Mall

3 beaches in this area

Unnamed beach

Unnamed beach

Unnamed beach

2 golf courses in this area

Fort Shafter Golf Course

Oʻahu Country Club

Essentials in Kapalama

Farmers market is about 13 min walk
Hospital is about 2 min drive
Supermarket is about 11 min walk
Airport is about 8 min drive
Costco is about 18 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Kapalama

15 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Living in Kapalama Kapalama is a neighborhood in the Honolulu district of Oahu.

Supermarkets are about 11 min walk, the nearest Hospital is about 2 min drive and the airport is about 8 min drive.

Kapalama is very walkable.

There are 25 parks in this area, and 3 public beaches. Nearby lifestyles include surfing, body surfing and golf.

Housing Market Trends for Kapalama

There are currently 19 real estate listings for sale in Kapalama. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Kapalama for condos is $233,902 and for homes is $1,104,698. The median sales price for Kapalama over the last 90 days is $592,500, a 78% increase of $360,000 year over year. If we break this down per property types we see that the median sales price for homes is $1,295,000 and for condos $310,000.
The number of sales in the last 60 days are 5. The average days Kapalama properties stay on the market before being sold is 108 days.

Kapalama is a neighborhood located in the
Honolulu
district on the island of
Oahu
.

Average Listing Price Kapalama for condos & homes

Median Sales Price Kapalama for condos & homes

Number Of Sales Kapalama for condos & homes

* information deemed reliable, but not guaranteed
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