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

Kapalama Multi-Family Homes for sale

5 multi-family home for sale

Multi-Family Home
$2,688,000
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.
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.
Travel times Find a home near
where you want to go!
Add commute
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:
$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 – 5 of 5 homes for sale
  1. Hawaii
  2. Oahu
  3. Honolulu
  4. Kapalama

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 18 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 $233,273 and for homes is $1,100,894. The median sales price for Kapalama over the last 90 days is $355,000, a 72% increase of $325,000 year over year. If we break this down per property types we see that the median sales price for homes is $1,197,500 and for condos $306,856.
The number of sales in the last 60 days are 4. The average days Kapalama properties stay on the market before being sold is 189 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
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