Oahu Multi family homes for sale
74 multi-family home
Multi-Family Home
$2,245,000 ▼ $150,000
Multi-Family Home for sale
2870 Komaia Place unit 2870A and 2884 Honolulu, Oahu Neighborhood: Manoa Area
Rare Manoa Valley opportunity! Two detached dwellings on a 29,564 sq. ft. upslope, wooded lot zoned R-7.5. The front home (2884 Komaia Pl) is a spacious 4BR/2BA two-story residence (approx. 1,574 sf, built 1931/updated 1972) currently rented for $4,150/month with a half a year left on the lease. A short walk uphill leads to the second dwelling, a 2BR/1BA single-level cottage, rent is $2,350, (approx. 988 sf, built 1962) on month-to-month tenancy. Both homes feature wood frame construction, covered lanais, and serene valley views. Kitchens have been updated with granite counters and modern finishes. Current combined rents of approx. $6,500/month provide strong income potential—ideal for multi-generational use or investment. Property includes ½ interest in a shared driveway easement and parking for 4 vehicles. Not a CPR; both dwellings are on one TMK. Private, lush setting just minutes from town. To be conveyed in “As-Is” condition. Buyer to verify all information. Appointment only; do not disturb occupants.
Multi-Family Home
$2,500,000
Multi-Family Home for sale
1449 Punchbowl Street Honolulu, Oahu Neighborhood: Punchbowl-lower
Consider This Rare Development Opportunity – Explore the potential of this unique site with plans that align with Bill 7 provisions. Proposed development includes a 5-story residential apartment building featuring 21 units and 11 parking stalls. Rendered images reflect an development option to maximize rental income—subject to zoning and permit approvals. Don’t miss this chance to invest in a high-demand area with strong development upside. Centrally located investment opportunity near Queens Hospital. The existing hollow tile building has 6 spacious 2-bedroom apartments with custom cabinets and counter tops. Highlights are walking distance to Queen's Hospital, State Capitol, and minutes from downtown Honolulu. Easy access to H1 Highway and bus stops.
Multi-Family Home
$1,195,000
Multi-Family Home for sale
94-238 Aniani Pl Waipahu, Oahu Neighborhood: Waipahu-lower
This is an opportunity for those who are interested in DIY or renovation. Potential invenstment opportunity. 7 units, split level with 2 bedroom and 1 bath upstairs and downstairs is kitchen and living room. Sold as is condition. Seller will do a 1031 tax deferred exchange.
Multi-Family Home
$1,600,000 ▼ $50,000
Multi-Family Home for sale
85-824 Lihue Street Waianae, Oahu Neighborhood: Waianae
Great investment property. Four houses on over 1/2 acre lot. Five rental units. Convenient location. Next to public park and elementary school. Walking distance to shops, restaurants etc. Live on one unit and rent the other 4 units. Rental income should pay your mortgage. Potential for development. The numbers for rental income are projected. Recently remodeled. New electrical wiring on the main front house.
Multi-Family Home
$8,250,000
Multi-Family Home for sale
55 Walker Ave Wahiawa, Oahu Neighborhood: Wahiawa Area
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.
Multi-Family Home
$2,680,000 ▼ $200,000
Multi-Family Home for sale
718 Kamuela Ave Honolulu, Oahu Neighborhood: Kapahulu
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
$3,700,000 ▼ $125,000
Multi-Family Home for sale
84-1111 Hana Street Waianae, Oahu Neighborhood: Makaha
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
Multi-Family Home for sale
707 Hausten St HONOLULU, Oahu Neighborhood: Moiliili
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
Multi-Family Home for sale
1639 Liliha Street Honolulu, Oahu Neighborhood: Kuakini
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.
Multi-Family Home
$2,480,000 ▼ $120,000
Multi-Family Home for sale
2908 Varsity Circle Honolulu, Oahu Neighborhood: University
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.
Multi-Family Home
$1,880,000 ▼ $300,000
Multi-Family Home for sale
54-11 Waikulama Street Hauula, Oahu Neighborhood: Hauula
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).
Multi-Family Home
$4,895,000 ▼ $305,000
Multi-Family Home for sale
3427 Waialae Ave Honolulu, Oahu Neighborhood: Kaimuki
RARE FIND in super desirable Waialae neighborhood with excellent opportunity to value add and increase rents with 11,000sf B-2 zoned on TWO LOTS for flexible use. Convert comm to Resi and get use exemption to lower taxes, or convert Resi to office. Currently configured as 12 one beds with secure access and 5 comm units (2 units combine 2 spaces for 3 existing comm tenants, 1 unit used by owner for storage). All units separately metered for electric, one water meter, gas water heaters. Owned coin laundry. Resi AC owned by LL, maintained by tenants; comm AC owned and maintained by tenants. 10’ setback.
Multi-Family Home
$2,000,000 ▼ $200,000
Multi-Family Home for sale
2153 Booth Road Honolulu, Oahu Neighborhood: Pauoa Valley
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
Multi-Family Home
$2,800,000
Multi-Family Home for sale
1223 Wilder Ave Honolulu, Oahu Neighborhood: Makiki Area
An amazing opportunity to own a multifamily property in the heart of the desirable Makiki neighborhood. The 6-unit property consists of a 5-unit apartment building made up of 3 (1bd/1ba) and 2 (2bd/1ba) units, along with a 4bd/2ba single family house. All units are separately metered for electricity. The large house allows an owner the potential to "house hack" the property and offset their housing expenses with the other 5 units' rental income. The property recently underwent significant renovation, including new flooring, paint, windows, ceiling fans, appliances, and fixtures to all of the units making this a turn-key investment with excellent return metrics yielding a 4.6% cap rate at acquisition. Well positioned within proximity to Makiki Shopping Center, Roosevelt, Punahou School, University of Hawaii, and Ala Moana.
Multi-Family Home
$1,800,000
Multi-Family Home for sale
87-1205 Paakea Road Waianae, Oahu Neighborhood: Maili
Located in the beautiful town of Waianae on the island of Oahu. Situated over on a 4.42 acres of Fee Simple land with great mountain view, walking distance to the beaches, elementary schools, and shopping centers. This property consists of four (4) detached single family homes, each with its own separate addresses (87-1205 Paakea Rd, 87-1209 Paakea Rd, 87-1213 Paakea Rd, & 87-1217 Paakea Rd), all currently occupied by long-terms and great tenants. Additionally, the property generates monthly income from solar panels.
Don't miss out on the chance to own this rare and great investment property with four single family homes!
Multi-Family Home
$2,690,000 ▼ $210,000
Multi-Family Home for sale
2325/2327 Round Top Drive unit 2325/2327 Honolulu, Oahu Neighborhood: Makiki Heights
Opportunity knocks for a new owner to transform this multi-dwelling property into a grand estate! This large CPR'd lot with 2 single family homes and in-ground pool is located just along the stunning slopes of Round Top Drive. The main 5 bed, 3 bath dwelling was thoughtfully upgraded in 2025 and features a massive living room that acts as the beating heart of the home, taking your breath away with its impressive lofted ceilings, floor-to-ceiling windows, and views of Honolulu, extending all the way out to the sapphire blues of the Pacific. The finished basement is a unique and flexible feature that can be used in a variety of different ways, from an office, to a home gym, to an entertainment room. The rear dwelling is a 2-story 3 bed, 2 bath, built in 1982 with a large wood deck and 2-car carport. These homes have been loved for many years, and with just a little more TLC, both properties can be brought back to their original shine and glory. Perfect for multi-generational living and just a few minutes drive from Punahou School, MidPac, Ala Moana, and the beautiful Tantalus Lookout, this is truly a unique, one-of-a-kind property! Must see to fully appreciate all it has to offer.
Multi-Family Home
$6,888,000
Multi-Family Home for sale
1716 Kalakaua Ave Honolulu, Oahu Neighborhood: Mccully
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.
Multi-Family Home
$1,000,000
Multi-Family Home for sale
318 Ohai Pl WAHIAWA, Oahu Neighborhood: Wahiawa Area
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
Multi-Family Home for sale
710 Umi Street unit B Honolulu, Oahu Neighborhood: Kapalama
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
Multi-Family Home for sale
1611 Kahai St Honolulu, Oahu Neighborhood: Kapalama
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
$1,990,000 ▼ $210,000
Multi-Family Home for sale
41-1702 Kalanianaole Hwy Waimanalo, Oahu Neighborhood: Waimanalo
A rare opportunity for multi-generational living in the heart of Waimanalo! This 1.1-acre property sits beneath the majestic Mount Olomana and features five single-family homes, each with its own cesspool, in varying conditions. With plenty of space and privacy, it’s perfect for extended families looking to create a shared retreat or for those wanting to renovate and make it their own. Enjoy the peaceful surroundings and the potential to build lasting memories in a truly special place. Just minutes from world-famous Waimanalo Beach and a short drive to Kailua Town, you’ll find the ideal mix of island seclusion and everyday convenience. Don’t miss this rare chance to own a legacy property in one of Oahu’s most scenic communities.
Multi-Family Home
$1,475,000 ▼ $25,000
Multi-Family Home for sale
45-519 Kamehameha Hwy Kaneohe, Oahu Neighborhood: Waikalua
Located on an 11,421 sq.ft R-10 zoned lot at 45-519 Kamehameha Hwy in laid-back Kaneohe, this unique property includes two separate 3-bedroom homes (45-519 Kam Hwy is a 3bed/3bath, and 45-525 Kam Hwy is a 3bed/1bath). The home at 45-519 features a spacious 4-car garage underneath the home, together with a separate single car garage. Positioned along the convenient Windward corridor, both homes offer easy access to TheBus and are minutes from H-3, Pali, and Likelike Hwy for smooth commuting. Nearby Windward City and Windward Mall offer shopping, dining, and daily essentials. The property is close to Kaneohe Elementary, Castle High, Windward Community College, and other quality schools. Outdoor escapes like Hoomaluhia Botanical Garden, Kaneohe Bay, and local parks are just a short drive away. One home is vacant while the other is tenant-occupied on a month-to-month lease, allowing flexibility for owner-occupants or investors. With stable rental demand supported by nearby Marine Corps Base Hawai‘i, this is a solid opportunity in one of Oahu’s most welcoming communities. This is not a CPR. Square footage and # of bedrooms do not match tax records.
Multi-Family Home
$2,700,000
Multi-Family Home for sale
962 Spencer Street Honolulu, Oahu Neighborhood: Punchbowl Area
Located in Makiki this property features 2 building with 3 total units. Unique income earning potential on a spacious lot. Bill 7 opportunity? Buyer to do their own due diligence. This property is being sold as is.
Multi-Family Home
$3,050,000
Multi-Family Home for sale
718 10th Ave Honolulu, Oahu Neighborhood: Kaimuki
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.
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 3,396 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 $585,907 and for homes is $1,340,318.
The median sales price for Oahu over the last 90 days is $760,000, a 2% increase of $11,500 year over year.
If we break this down per property types we see that the median sales price
for homes is $1,150,000 and for condos $565,000.
The number of sales in the last 60 days are 1,274.
The average days Oahu properties stay on the market before being sold is 111 days.
Oahu housing market
Oahu Real Estate listings for sale
74
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)
$18k - $6.15m
Median sales price condos for last 90 days
$565.58k
Median sales price condos p/sqft for last 90 days
$691
Average Listing Price Oahu for condos & homes
Average Listing Price
| $858,097 | +$431 |
| Dec 05 - Dec 11 | 0.05% |
|
$585,907 condos $1,340,318 homes |
w-o-w |
Median Sales Price Oahu for condos & homes
Median Sales Price
| $760,000 | +$11,500 |
| Dec 16, 2024 - Dec 15, 2025 | 1.6% |
|
$565,000 condos $1,150,000 homes |
y-o-y |
Oahu Neighborhood Price Trends
| Neighborhood | Average listing price | w-o-w |
|---|---|---|
| Diamond Head | $2,014,276 | ▲ +0.07% |
| Ewa Beach | $698,617 | ▲ +0.18% |
| Hawaii Kai | $1,168,454 | ▲ +0.1% |
| Kailua | $1,818,590 | ▼ -0% |
| Kakaako | $1,358,198 | ▲ +0.05% |
| Kaneohe | $850,041 | ▼ -0.01% |
| Koolauloa | $1,631,927 | ▼ -1.46% |
| Leeward | $421,548 | ▲ +0.29% |
| Makakilo | $579,232 | ▼ -0.02% |
| North Shore | $1,524,830 | ▲ +0.29% |
| PearlCity | $482,090 | ▼ -0.03% |
| Waikiki | $622,896 | ▲ +0.02% |
| Waipahu | $492,374 | ▼ -0.04% |
* information deemed reliable, but not guaranteed