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Ohana
* Second home allowed on either a residential or an agricultural zoned property.
Surf
Body Surfing
Tow-in Surfing
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Waikiki Multi-Family Homes for sale

3 multi-family home for sale

Multi-Family Home
$5,000,000
Rare opportunity to buy a fee simple, 16-unit apartment building in Waikiki that is zoned Apartment Mixed Use. Great location with a straightforward path to renovating and getting much higher rents like the rest of Waikiki, but it needs work. There are currently 9 vacant units which offers a value-add investor the opportunity to refurbish and lease up over 56% of the building immediately. All units are currently rented at below-market rents. Solid concrete building, separately metered for electricity and large common area spaces with room to add amenities like storage. Add coin operated laundry for additional income. APARTMIX zoning may allow for some commercial uses – please consult your architect to discuss ways to take advantage of this zoning. Sale is subject to Seller executing a 1031 exchange.
Virtual Tour
Multi-Family Home
$3,580,000
Once in a lifetime opportunity to own one of the largest single parcel, fee simple, apartment zoned properties in Waikiki--one of Hawaii's most important real estate markets. Only 12 fee simple Waikiki properties over 7,000 sq. ft. have been registered as sold on the MLS in the past 3 decades. Conveniently located on a quiet residential street on the Diamond Head side of Waikiki, this spacious & level lot boasts 4 single family homes. Each 3BD/1BA home is approx. 747 sq. ft. & is separately metered for electricity & water. Each home has its own full size washer/dryer & parking stall (5 stalls total for 6 cars, 1 stall is tandem). These tastefully upgraded vintage Waikiki Plantation homes with entryway patios & soaring 9 foot ceilings were built in 1939 & collectively evokes the charms of yesteryear Waikiki. Featured on Magnum PI! EXCELLENT income property, but development & renovation opportunities abound for its next chapter. Its superior location puts you within moments to world famous Waikiki Beach & various dining, entertainment, & employment options throughout Waikiki, Kakaako, & metro Honolulu. Buyers to complete all due diligence that they may deem material. Sold AS-IS.
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$1.7m  $50,000
Waikiki
440 Pau Street, Honolulu
Multi-Family Home
$1,700,000  $50,000
RARE find! 4500 sq.ft. lot with apartment precinct zoning in Waikiki. Two dwellings on the lot. One 3 bdrm/1.5bth single level front house, the other 1 bdrm/ 1bth cottage in the back. Welcome drive by showings. Sold in Existing As-Is Condition. Please do not walk onto the site without an appointment. Appointment Only. Multi-family dwelling is permitted use in the Apartment Precinct. A renter must occupy the unit no less than 90 days. The potential buildable floor area is 8610 sf. Buyers do your own due diligence.
1 – 3 of 3 homes for sale
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Lifestyle & outdoors In Waikiki

40 surf spots in this area

Diamond Head Cliffs
Type: surfing
paddle out to Old Mans
Type: surfing
Paddle out from here
No Place
Type: surfing
Only breaks on big West swells. Inside reef will scar you.
Publics
Type: surfing
Graveyards
Type: surfing
Mostly bodyboarders, bigger days you'll see a couple surfers out here.
Queens
Type: surfing
Canoes
Type: surfing
Populars
Type: surfing
Threes
Type: surfing
Fours
Type: surfing
Rock Piles
Type: surfing
Kaisers
Type: surfing
Break
Type: surfing
Bowls
Type: surfing
Bomboras
Type: surfing
When the big swells hit, this thick and mellow break appears.
Baby Haleiwa's
Type: surfing
Big Rights
Type: surfing
Concessions
Type: surfing
Right and Left breaking waves - good at 2-4 four feet upwards.
Kewalos
Type: surfing
Kewalos
Type: surfing
Kewalos
Type: surfing
Point Panics
Type: surfing
In betweens
Type: surfing
Incinerators
Type: surfing
Flies
Type: surfing
Kaikoos Inside Left
Type: surfing
The Wall
Type: body-surfing
Waikiki, Honolulu 1-5
Point Panic
Type: body-surfing
Kaka'ako, Honolulu 1-5 Dangerous rocks and reef bottom
Ala Moana Bowls
Type: surfing
Canoes
Type: surfing
Kewalos Overview
Type: surfing
Populars
Type: surfing
Publics
Type: surfing
Queen's
Type: surfing
Rockpiles
Type: surfing
South Shore - Ala Moana Park
Type: surfing
Three's
Type: surfing
Waikiki - Kapiolani Park
Type: surfing
Waikiki Beach
Type: surfing
Waikiki Beach Overview
Type: surfing

50 parks in this area

doughnut

Frank C. Judd Mini Park

Crane Community Park

Ala Wai Neighborhood Park

doughnut

Piikoi Street Mini Park

Kamanele Square

Thomas Square

Punahou Square

Makiki District Park

Palolo Valley District Park

Kawaiahao Mini Park

Cartwright Neighborhood Park

Mother Waldron Neighborhood Park

Wilder Avenue Mini Park

Sheridan Community Park

Kalaepohaku Neighborhood Park

Makua Alii Senior Citizen's Center

Kakaako Waterfront Park

Moiliili Neighborhood Park

Kanewai Community Park

Old Stadium Park

McCully District Park

Kewalo Basin Park

Isenberg Street Community Garden

Isenberg Street Community Garden

Pukele Avenue Mini Park

Kaaha Street Mini Park

Ala Wai Promenade

Ala Wai Community Park

Date Street Mini Park

Ala Wai Golf Course

Kaimuki Community Park

King Kalakaua Park

Paoa Place

Duke Paoa Kahanamoku Beach Park

Beach Walk Triangle

Kalia Road

Puu O Kaimuki Mini Park

Princess Kaiulani Triangle

Kuhio Avenue Mini Park1

Kuhio Beach Park

Kilauea District Park

Diamond Head State Monument

doughnut

doughnut

doughnut

doughnut

doughnut

Ala Moana Regional Park

10 beaches in this area

Duke Paoa Kahanamoku Beach Park

Kaimana beach

Ala Moana Beach

Magic Island lagoon

Queen's Surf Beach

Waikiki Beach

Unnamed beach

Unnamed beach

Diamond Head Beach

Duke Kahanamoku Lagoon Boardwalk

1 golf course in this area

Ala Wai Golf Course

Essentials in Waikiki

Farmers market is about 18 min walk
Supermarket is about 4 min walk
Hospital is about 4 min drive
Airport is about 16 min drive
Costco is about 16 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials

Walkability in Waikiki

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

Schools nearby Waikiki

9 /10
Greatschools
Rating
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
7 /10
Greatschools
Rating
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
6 /10
Greatschools
Rating
President Thomas Jefferson Elementary School
324 Kapahulu Ave, Honolulu, HI 96815
4 /10
Greatschools
Rating
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
2 /10
Greatschools
Rating
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
9 /10
Greatschools
Rating
Waikiki Elementary School
3710 Leahi Ave, Honolulu, HI 96815
9 /10
Greatschools
Rating
Kaimuki Middle School
631 18th Ave, Honolulu, HI 96816
5 /10
Greatschools
Rating
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
No high schools nearby

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

Supermarkets are about 4 min walk, the nearest Hospital is about 4 min drive and the airport is about 16 min drive.

Waikiki is somewhat walkable.

There are 50 parks in this area, and 10 public beaches. Nearby lifestyles include surfing, body surfing and golf.

Housing Market Trends for Waikiki

There are currently 407 real estate listings for sale in Waikiki. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Waikiki for condos is $657,828 and for homes is $3,082,344. The median sales price for Waikiki over the last 90 days is $413,500, a -1% decrease of $5,000 year over year. If we break this down per property types we see that the median sales price for homes is $0 and for condos $413,500.
The number of sales in the last 60 days are 209. The average days Waikiki properties stay on the market before being sold is 101 days.

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

Average Listing Price Waikiki for condos & homes

Median Sales Price Waikiki for condos & homes

Number Of Sales Waikiki for condos & homes

* information deemed reliable, but not guaranteed
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