Oahu Multi family homes for sale
77 multi-family home
Multi-Family Home
$1,888,000
Multi-Family Home for sale
1213 Matlock Ave Honolulu, Oahu Neighborhood: Makiki Area
Care of Ownership Shines Through! Rents below market for this well-maintained 2 story hollow tile building with 8 one beds + 2 parking spaces. Underground sewer widened & redone with sump. Unit 4 re-plumbed this year. All electrical upgraded to 30kw/unit. Roof resurfaced in 2010, new paint 2024. Owned coin laundry, *cameras belong to tenants* Buyer to accept survey May 27, 2015 by DJNS Surveying and Mapping, Inc.
Multi-Family Home
$1,200,000
Multi-Family Home for sale
2135 Bannister Pl Honolulu, Oahu Neighborhood: Kapalama
Rare find! IMX gem--Solid building conveniently located minutes from Downtown Honolulu at the end of a cul de sac with 6 two-bed units and higher cube workshop area with 7 parking spaces and some street parking. All rents are Pro Forma—currently 2 MTM tenants, 2 units occupied by family (no lease), and 2 vacancies. One unit has an upgraded interior. Buy and maximize rents, taking advantage of the Industrial Mixed Use zoning—potential to rent 6 units + workshop separately. Excellent value-add opportunity at a compelling price. Please see agent showing remarks to request a marketing package and review offer instructions.
Multi-Family Home
$6,000,000
Multi-Family Home for sale
1784 Ala Moana Blvd Honolulu, Oahu Neighborhood: Waikiki
RARE opportunity to acquire Park Plaza — offered for the first time ever. This mixed-use 6-story building is situated in a PRIME location along Ala Moana Boulevard in Waikiki and features 20 units with consistent tenant demand and meaningful upside through upgrades and long term repositioning.
Investors benefit from diversified income across 19 units currently operated as residential, with potential for commercial use subject to zoning (eighteen 1/1s + one 2/1 penthouse with spacious outdoor lanais) all with separate electric meters, along with a ground floor commercial space with strong foot traffic and high visibility.
The Waikiki Special District Apartment Mixed Use zoning provides both residential and commercial flexibility in a highly desirable, centrally located area. On site parking (6 stalls), with several nearby monthly parking options for tenants. Close to Waikiki and Ala Moana beaches, Ala Moana Shopping Center, Convention Center, Kakaako, restaurants, dining, and more. A once-in-a-generation opportunity to own an entire mixed-use building at the gateway to both Waikiki and Ala Moana
Multi-Family Home
$2,475,000
Multi-Family Home for sale
718 Kamuela Ave Honolulu, Oahu Neighborhood: Kapahulu
Significant Price Adjustment & 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!
Multi-Family Home
$1,500,000
Multi-Family Home for sale
1649 Democrat Street Honolulu, Oahu Neighborhood: Kapalama
Industrial-zoned income producing property in Kalihi with strong redevelopment or owner-user potential. Property consists of two structures totaling approximately 3,824 sq ft on a 4,514 sq ft lot. Zoned I-2, allowing for a wide range of commercial and industrial uses. Convenient location with easy access to Nimitz Hwy, H-1 Freeway, Airport Sand Island, and Honolulu Harbor. Ideal for investors, contractors, or businesses. Strong upside potential for investors and developers.
Multi-Family Home
$6,998,000
Multi-Family Home for sale
1420 Wilder Ave Honolulu, Oahu Neighborhood: Makiki Area
Calling all seasoned investors-Diamond in the rough! Make this property your crown jewel. Priceless mural on front of building by renowned artist, Hon Chew Hee. Unbeatable location and ultimate desirability for this value-add opportunity. Poured concrete / hollow tile structure with 39 existing units (38 legal: laundry room converted into a studio (19 one-beds, 20 studios) with 21 parking: 16 covered + 5 uncovered. All systems need replacing, and all interiors need to be upgraded. WD hookups on DH end of bldg. Please see agent showing remarks for more information.
Multi-Family Home
$1,888,000
Multi-Family Home for sale
2148 Kapiolani Blvd Honolulu, Oahu Neighborhood: Moiliili
Two story building consisting of (6) 2 bedroom/1 bath with parking space for each unit. Three units on ground level, three units on upper level. Renovations made to 5 of the units. Concrete and wood structure, on corner of Kapiolani Blvd and Paani St. Separate water and electric meter for each unit. (1) unit with gas utility. Coin washers on site for tenant use. Income not reflective of full potential as owner currently occupies 2 of the units. Convenient and on bus line, easy to rent. All to be sold in as-is where is condition.
Multi-Family Home
$1,599,000
Multi-Family Home for sale
1578 Pele Street Honolulu, Oahu Neighborhood: Punchbowl Area
Multi-Unit Investment Opportunity in Prime Punchbowl Location with beautiful ocean, sunset, mountain, and city views from the balcony! A rare find in the Punchbowl area! This versatile property features two separate structures with a total of five units, offering an incredible investment opportunity. With four units currently generating $5,650 in monthly rental income, the recently renovated 3-bedroom unit provides flexibility—live on-site or rent it out for even more revenue! The property includes a carport for three vehicles, copper piping in the main unit, and a highly desirable location with proximity to UH Manoa, HPU, community colleges, hospitals, downtown, and major conveniences. Investor-friendly and tenant-occupied—please allow 48-hour notice for showings. Do not disturb tenants. Don’t miss this chance to own a fantastic income-producing property in a prime Honolulu location!
Multi-Family Home
$1,649,900 ▲ $50,000
Multi-Family Home for sale
914 Kinau Street Honolulu, Oahu Neighborhood: Punchbowl Area
OPEN HOUSE THIS Sunday 04.26.2026 2:30pm -4:00pm
Fully Renovated 4-Unit Investment Opportunity (2026)
This beautifully renovated 4-unit property has been upgraded from roof to parking in 2026, offering a turnkey investment opportunity. Each unit is separately metered with 4 electric meters and 4 gas meters, along with 1 shared water meter—ideal for efficient management and tenant billing.
Zoned A-2 Medium Density Apartment, this property presents strong income potential. Rental income exceeds $8,000/month Once fully rented. Currently with 1 units vacant for showing purpose rest 3 units tenants starts moving in May.2026, making it perfect for owner-occupancy or immediate lease-up.
The property is being sold in “As-Is” condition. Drive-by viewings are welcome; however, interior access is by appointment only.
The Seller kindly recommends Escrow Officer: Title Guaranty Escrow Services, Inc. King Street Office: Brandon Choi.
Multi-Family Home
$4,490,000
Multi-Family Home for sale
2001 Vancouver Dr Honolulu, Oahu Neighborhood: Manoa-lower
RARE Bed and Breakfast in Manoa !!! Historic Manoa Valley Inn. Opportunity to run your own 7 room bed and breakfast. Located steps from University of Hawaii, this property has 8 bedrooms and 6 baths in the main building and also has separate additional spaces. This is a Historic Property paying only $25 per month in property taxes. Buyer must conduct their own due diligence regarding the property.
Please do not disturb our overnight guests. 48 hrs notice required.
Will sell fast
Multi-Family Home
$1,993,000
Multi-Family Home for sale
2128 Date St HONOLULU, Oahu Neighborhood: Moiliili
Well-maintained building w/ excellent rental potential. Rarely available 5.67% Cap Rate on actual inc + exp w/ seasoned, strong tenant pool. All MTM leases substantially below market rates = upside to increase rents! Unique unit mix: 8 units: one 3/1.5 ba, one 3/1, four 1/1s, 2 studios, 7 parking. Building painted 2022 & Units have been upgraded. All tenants sep-metered gas & elect. Owner pays water.
Multi-Family Home
$1,765,000
Multi-Family Home for sale
84-956 Hanalei St Waianae, Oahu Neighborhood: Makaha
ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY!
Don’t miss this income-producing multi-unit property in Waianae generating $10,971/month in rental income with a solid 6.5% cap rate. Monthly expenses remain low with property taxes at just $304/month and combined water/electric averaging $1,100/month, creating excellent cash flow potential.
Property features multiple units with new roofs on the front two structures and is currently in the process of obtaining permits for separate water and electrical meters, adding future value and flexibility. This property is also CPR’able, offering potential for additional upside and exit strategies.
Conveniently located near beaches, shopping, schools, and dining in Waianae, making it attractive to long-term tenants. Just minutes to Pokai Bay, Tamura’s Market, and local parks.
Financing options include VA loan eligibility, making this a rare opportunity for both investors and owner-occupants.
Strong income.
Value-add potential.
Multiple exit strategies.
Secure your next investment today!
Multi-Family Home
$4,100,000
Multi-Family Home for sale
59-621 Ke Iki Road unit 1 & 2 Haleiwa, Oahu Neighborhood: Sunset Area
UPCOMING OPEN HOUSE SUNDAY APRIL 26 -2-5PM Let 2026 be the year to make your move to be part of Sunset Beach’s spirited community. At the end of a rural road, this side by side 2-unit duplex delivers approximately 100 feet of ocean frontage that captures the drama and beauty of Oahu’s fabled North Shore. Each home has 3 bedrooms and 2 bathrooms (plus half bath on one side), lanais (allowing for easy indoor/outdoor living), outdoor beach shower, and fenced yards. The property has been divided via CPR thus allowing both units to either be sold together or separately and is priced below the combined assessed value of $5 million plus!
There is plenty of parking and the property has an electronic entry gate for access and privacy. The possibilities for enhancing and reinventing these homes is also there for those who may want to take those steps. Easy to show! Contact listing agent for more information and showings!
Multi-Family Home
$1,170,000
Multi-Family Home for sale
910 Factory Street Honolulu, Oahu Neighborhood: Kapalama
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.
Multi-Family Home
$2,900,000
Multi-Family Home for sale
2105 Algaroba Street Honolulu, Oahu Neighborhood: Moiliili
Well-located 10-unit multifamily property in the heart of Moiliili. All units are 1BD/1BA and currently rented, providing immediate in-place income. Two units have been recently improved, with additional upside potential through renovation and repositioning of remaining units. Each unit features a private rear patio with a washing machine, and the property offers 12 parking spaces (and one can be tandem)! Separately metered electric and gas enhance operational efficiency. Recently painted exterior with CMU lower level and wood-frame upper-level construction. Centrally located near the University of Hawaii, Waikiki, shopping, dining, entertainment, and freeway access. Excellent opportunity in a supply-constrained rental market!
Multi-Family Home
$2,500,000
Multi-Family Home for sale
927 Spencer Street Honolulu, Oahu Neighborhood: Punchbowl Area
ALL UNITS RENTED!!! Three 4-plex buildings, each having four 1bed/1bath units. Coin-operated laundry for tenants use only - lock with key entry. Additional storage available on-site for some units.
Multi-Family Home
$2,368,000
Multi-Family Home for sale
1119 Young Street Honolulu, Oahu Neighborhood: Makiki Area
Location, location, location …… situated between Pensacola St. and Piikoi St. therefore within close proximity to Ala
Moana Center, Downtown and the University of Hawai’i.
Huge redevelopment potential for this BMX-3 zoned parcel of land. Present improvements consist of four (4) distinct
dwellings - a 3 bdrm, a 2-bdrm, and two 1-bdrm; fully occupied and responsibly maintained by owner.
Make the most of existing structures and income while carefully and thoughtfully assessing development options
Multi-Family Home
$895,000
Multi-Family Home for sale
37 Kauila St unit A Honolulu, Oahu Neighborhood: Nuuanu-lower
Great location in the heart of Honolulu with low A-1 medium-density apartment zoning, making this an excellent cash-flow investment
opportunity. The property features four units: one 5-bedroom, 1-bathroom unit, one 2-bedroom, 1-bathroom unit, and two 1-bedroom units. Each unit has separate electric meters, and there is no maintenance fee for the building. The current owner has completed numerous upgrades, including plumbing and pipes, kitchen improvements, flooring, electrical work, and fresh painting, and the roof was replaced in 2017. Please do not disturb the tenants. Submit offers subject to inspection. Property to be sold AS IS.
Multi-Family Home
$1,675,000
Multi-Family Home for sale
99-633 Aiea Heights Drive Aiea, Oahu Neighborhood: Aiea Heights
Rarely available tri-plex opportunity in the highly desirable Aiea Heights neighborhood with sweeping views of the surrounding hills and Pearl Harbor. The main residence features a 3-bedroom, 2-bath layout with a spacious attached 1-bedroom apartment below, offering flexible living or rental potential. In addition, a separate 2-bedroom, 1-bath ADU completed in 2020 adds even more versatility for extended family or investment use.
Situated on a fully landscaped lot, the property includes a thriving collection of fruit trees such as mango, papaya, several avocado varieties, and more than a dozen banana plants, all known to produce fruit. The two existing units have been remodeled in recent years, providing updated interiors while maintaining the property’s charm.
Energy efficiency is enhanced with 21 owned solar panels, helping to reduce electricity costs. A rare chance to own a multi-unit property in Aiea Heights with strong rental potential, beautiful views, and mature tropical landscaping. All photos where taken when the units were vacant.
Multi-Family Home
$1,359,000
Multi-Family Home for sale
910 Kopke Street Honolulu, Oahu Neighborhood: Kapalama
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.
Multi-Family Home
$3,800,000
Multi-Family Home for sale
946 Winant Street Honolulu, Oahu Neighborhood: Kalihi Area
Cash Cow! Seven (7) two-story four-plex buildings! Total (26) two-bedroom units, 1 storage/office and separate laundry room! 26 electric meters and 25 gas meters! Great location just off North King St. across Farrington HS! All units rented! DO NOT disturb tenants! Offer subject to inspection!
Average rents are WELL BELOW COMPS at an average of $1200/unit. Section 8 City/County Housing Choice Voucher Program Standards are $2,157/mo. for 2-bedroom units!
Appraisal Available FOR REVIEW.
Multi-Family Home
$4,900,000
Multi-Family Home for sale
254 Kaiulani Ave Honolulu, Oahu Neighborhood: Waikiki
Well-maintained multi-unit property ideally located in the core of Waikiki, offering strong income potential and long-term value. The solid hollow-tile structure features a classic tiled exterior and includes covered parking. Each unit is individually metered for electricity with a shared water meter, and all residences offer generous interior space with private lanais or patios. The property consists of one expansive 3-bedroom, 2-bath penthouse and fourteen 1-bedroom units. Interior upgrades have been completed throughout, including durable high-quality tile flooring, updated kitchens, and modernized bathrooms, along with newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines and parking income.
Multi-Family Home
$2,050,000
Multi-Family Home for sale
1517 Miller St HONOLULU, Oahu Neighborhood: Punchbowl-lower
Excellent opportunity to develop Bill 7 project for less than $200/sf. Nice, big lot 2 blocks to Queens Hospital in a low risk flood zone (x) and no additional setbacks from the street. City views possible from upper floors. Existing soils study and TOPO survey to be made available upon accepted offer. Buyer to accept existing survey, and Buyer shall pay for any additional update required by itself or its lender. Current setup is 6 legal 2-bedroom, 1 bath units located in 3 structures: front building is 4 units (1517, C, D, & E) with 2 stand-alone cottages in the back (A & B). 2 units renovated in the past 5 years. Coin laundry is owned. All units separately metered for electric and gas (heaters and stoves), 1 water meter. See agent showing notes for instructions on requesting a marketing package with rent roll, inc/exp, and sales comps.
Lifestyle & outdoors In Oahu
181 surf spots in this area
453 parks in this area
111 beaches in this area
42 golf courses in this area
Essentials in Oahu
Supermarket
is about 16 min walk
Farmers market
is about 24 min walk
Hospital
is about 29 min walk
Airport
is about 15 min drive
Costco
is about 15 min drive
* distance is calculated by average per house. Some homes maybe closer to the essentials
Walkability in Oahu
13 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
O'ahu home prices under seasonal pressure in October 2023
O'ahu Home Sales decline further due to Seasonality and High mortgag
O'ahu Home Sales for August 2023 see Month-to-Month Increase while yearly figures decline
Maunalua Bay in Hawaii Kai sunset view September, 2023 | ® Hawaii House
Oahu homes are selling faster but the number of sales fall in June 2023
Oahu homes are selling faster but the number of sales fall in June 2023. Hawaii House real estate statistics.
Oahu sales of homes and condos down year over year May 2023 report
May 2023 report
Photo of 1350 Ala Moana on the right and the Nauru Tower on
O’ahu home sales drop 43% from last year - April 2023
Photo of the Waiea condominium building
Big drop in home sa
Record high median sale price for Condos on Oahu in March 2023
O'ahu condo prices reach new record high in March 2023
While sale
O‘ahu Housing Market Slows in February but Picks Up from January 2023
O‘ahu Housing Market Slows in February but Picks Up from January 2023. Read the Hawaii Housing market update.
January 2023: O‘ahu Property Market Declines
January 2023: O‘ahu Property Market declines. Read the Hawaii Housing market update for the island of Oahu.
A beautiful renovated Nani Koolau condo in Kaneohe, Oahu
Nani Koolau is a small condo complex on the windward side of Oahu. Unit E-205 is beautiful remodeled and for sale with an asking price of $412,000
The Ko'ula condo architecture is different from other condos in Ward Village
Ko'ula condo architecture is different than Waiea, Anaha, and Ae'o condo. Ko'ula means red sugar cane in Hawaiian and the scultpural design reflects that.
Most expensive neighborhoods on Oahu, Hi
Five of the most expensive neighborhoods on Oahu Hawaii for buying a home.
Top 10 Oahu
10 most walkable neighborhoods in Oahu
Discover the 10 most walkable neighborhoods on Oahu.
10 most expensive homes in Oahu
On Oahu the median sales price is about -, however higher-end luxury homes are often listed at a much higher price. Here are the top ten most expensive homes available for sale on Oahu.
10 most popular homes in Oahu
Here are the ten most popular homes for sale on Oahu, according to the visitors on Hawaii House.
Living in Oahu Oahu is an island
Supermarkets are about 16 min walk, the nearest Hospital is about 29 min walk and the airport is about 15 min drive.
Oahu is somewhat walkable.
There are 453 parks in this area, and 111 public beaches. Nearby lifestyles include surfing, body surfing and golf.
Housing Market Trends for Oahu
There are currently 3,423 real estate listings for sale in Oahu. This includes homes, condos, multi-family homes, and vacant land.
The average listing price in Oahu for condos is $588,169 and for homes is $1,353,044.
The median sales price for Oahu over the last 90 days is $709,850, a 1% increase of $8,000 year over year.
If we break this down per property types we see that the median sales price
for homes is $1,155,000 and for condos $507,000.
The number of sales in the last 60 days are 542.
The average days Oahu properties stay on the market before being sold is 115 days.
Oahu housing market
Oahu Real Estate listings for sale
77
Median sales price for homes for last 90 days
-
Median sales price homes p/sqft for last 90 days
-
Price range sold condo units (last 90 days)
$36k - $6.63m
Median sales price condos for last 90 days
$510.11k
Median sales price condos p/sqft for last 90 days
$621
Average Listing Price Oahu for condos & homes
Average Listing Price
| $862,812 | $0 |
| May 15 - May 21 | 0% |
|
$588,169 condos $1,353,044 homes |
w-o-w |
Median Sales Price Oahu for condos & homes
Median Sales Price
| $709,850 | +$8,000 |
| May 27, 2025 - May 26, 2026 | 1.1% |
|
$507,000 condos $1,155,000 homes |
y-o-y |
Oahu Neighborhood Price Trends
| Neighborhood | Average listing price | w-o-w |
|---|---|---|
| Diamond Head | $2,028,603 | ▲ +0% |
| Ewa Beach | $713,622 | ▲ +0% |
| Hawaii Kai | $1,182,221 | ▲ +0% |
| Kailua | $1,834,560 | ▲ +0% |
| Kakaako | $1,352,811 | ▲ +0% |
| Kaneohe | $853,142 | ▲ +0% |
| Koolauloa | $1,540,584 | ▲ +0% |
| Leeward | $427,512 | ▲ +0% |
| Makakilo | $580,725 | ▲ +0% |
| North Shore | $1,579,177 | ▲ +0% |
| PearlCity | $484,157 | ▲ +0% |
| Waikiki | $623,249 | ▲ +0% |
| Waipahu | $492,950 | ▲ +0% |
* information deemed reliable, but not guaranteed