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Hawaii Multi-Family homes for sale

110 multi-family home for sale

Multi-Family Home
$10,000,000
Excellent investment in these uncertain times with 4/4/2025's stock market crash of 2,231 points. Investors can park their funds for safety and income in this bundle of excellent fee simple properties that offer diversification and appreciation in value even when Stock Market crashes. And having rental income even better than dividends & interest in banks. Some says when the stock market goes down, real estate goes up. Investors like to maximize their holdings at all times to higher value. This bundle listing consists of two properties in College Hill/Manoa ($4.5 & 2.68 million), one in Kahala ($2.38 million) , and a high floor condo unit in Iolani Court Plaza ($688,000). One of the two in Manoa is an estate property currently in escrow. Its monthly rental income is $13,400. 7,975 sq ft land 8br 7ba, four units. If that one eventually closed and becomes not available, it would not be included in the bundle listing. This featured property consists of land area 13,340 sq ft, three homes on it. Also one in Kahala 4br 3ba home, and one 2br 2ba condo with tennis court & swimming pool & party room produce very good income. More details are available for serious inquiries only.
Virtual Tour
$1.5m
Kawailoa-north Shore
61-284 Kamehameha Hwy, Haleiwa
Multi-Family Home
$1,495,000
Embrace the ultimate North Shore lifestyle, this rare 16,143 sq foot lot in Kawailoa is located directly across from Alligator Rock offers amazing possibilities. With access to some of Oahu’s most renowned surf breaks—Leftovers, Chun’s Reef, Alligator Rock & minutes from legendary Waimea Bay, this property is an exceptional opportunity in one of the North Shore’s most coveted neighborhoods. The sprawling 2,328 sq. ft. home features 3 bedrooms, 3 baths, plus a 360 sq ft 1-bedroom, 1-bath separate unit, perfect for multigenerational living, an extra room for guests or as an income generating rental. The home holds incredible potential to be restored or reimagined into a stunning island retreat. Home is in Flood Zone D, set back off Kam Hwy for privacy. Termite damage found; ground treatment & fumigation completed. Minutes from Historic Haleiwa Town, enjoy boutique shopping, top-rated dining, food trucks, & farmers’ markets. Whether you’re looking to renovate, rebuild, or invest, this is a rare chance to create your dream estate in one of Hawaii’s most sought-after coastal communities. Click the reel above for property website with 3D Matterport, layout & additional photos.
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Multi-Family Home
$2,675,000
RARE FIND! BMX-3 zoned property with residential exemption, so taxes are for apartment use in the heart of Honolulu. Two story hollow tile walk up with 8 units: 7 twos and 1 one, 7 parking spaces. Building has new paint, recently re-coated roof, and 6/8 units renovated. All units either have a lanai or yard—back two bedroom has large yard with mango tree and privacy. No laundry on site—all washer/dryers in renovated units are owned by the owner.
Multi-Family Home
$1,195,000
Two classic, well-maintained duplexes featuring a total of four units, seven bedrooms, and four bathrooms, situated at the end of a cul-de-sac between Wilikina Drive and Lake Wilson. This prime location offers easy access to the freeway, Schofield Barracks, and Wahiawa. Three units are currently occupied—two by long-term tenants with below-market rents and one by a new tenant—while the fourth unit is vacant and ready for occupancy or rental. When fully leased, the property generated rental income of $5,975/month. Owned by a retired contractor, two of the units have been recently updated. Each unit has separate water and electric meters, private yard space, and washer/dryer hookups. Built in 1956 and 1960, these solidly constructed buildings have withstood the test of time, thanks to quality maintenance and durable materials, including redwood siding. A rare opportunity to own a well-kept, income-generating property in a desirable location! Note: Photos are from previous vacancies and may not reflect current condition. Also listed as single-family under MLS# 202509757.
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Multi-Family Home
$2,900,000
Impressive Multi-Unit Property situated on a Huge 10,000 SF! Conveniently located just minutes from restaurants, beaches & parks, this property features 3 separate renovated units in 2 structures with 2 separate electric meters presenting multi-generational living and income opportunities! Explore the main home to discover two-units (1st floor: 2BR/1BA/1,604sqft & 2nd floor: 2BR/2BA/1,044sqft) with tons of natural light, gorgeous LVP flooring, spacious rooms, separate entrances, & stunning gourmet kitchens boasting stainless-steel appliances & quartz countertops. The first floor also features a wet bar, perfect for entertaining guests! Nestled on the back of the property, a separate 1,062 SF home dazzles with tile floors, large living room, open concept kitchen, two main-level bedrooms, and one main-level full bathroom. Venture to the second floor to find a spacious bedroom, kitchenette, and a full bathroom. The outdoor space offers endless possibilities for enjoyment with a beautiful waterfall koi pond and large concrete pad, perfect for hosting outdoor gatherings! Ideal location within close proximity to Waikiki, Diamond Head, and Kaimuki, and much more! Come see it today!
Virtual Tour
Multi-Family Home
$2,500,000
A remarkable opportunity awaits in the heart of Waimanalo! Spanning 1.1 acres, this expansive lot features five single-family homes in different conditions, each equipped with its own cesspool. This rare property presents incredible potential for contractors, developers, or those envisioning a multi-generational family compound. Nestled against the dramatic backdrop of Mount Olomana, this serene location offers not only breathtaking mountain views but also a peaceful, private setting. The possibilities are endless—whether you dream of renovating, rebuilding, or developing to create your own oasis. Situated just moments from pristine Waimanalo beaches and a short drive to the vibrant town of Kailua, this property offers the best of both worlds: rural tranquility with easy access to amenities. Don’t miss out on this unique chance to own a slice of paradise in one of Oahu’s most scenic and desirable locations. Endless potential and rare beauty await!
$1.89m
Waikiki
419 Pau St, Honolulu
Multi-Family Home
$1,888,000
Here's your chance to own a piece of Waikiki. Waikiki Special District zoned with endless possibilities!!! Large level 5,000 sq ft lot, currently with a 3 bedrooms, 1.5 bath house. Parking for 2+ vehicles in driveway. Lots of potential! A must see! Home is currently tenant occupied.
Multi-Family Home
$1,550,000
Don’t Miss Out on this stellar location mid-way between town and world-famous North Shore Oahu with excellent visibility along Kamehameha Highway, allowing for minimal vacancies. Perfect starter investment with great income at existing rents and room to increase to market. Two structures: 1 story structure is 1 three-bed and 1 one-bed unit; 2 story structure is 3 one-beds downstairs and 2 two-beds upstairs. 5 stalls w 4 covered parking and tandem stalls available (so possible 9 total). All units separately metered for electric; owner pays water/sewer. No gas. C&C trash pickup, all units have hookups, but opportunity to add coin laundry machines for more income. Not in a flood zone, so no flood insurance requirement.
Multi-Family Home
$3,448,000
Great investment opportunity with current Cap 5.25% with current owner management. Cap 4.8% with hired outside management. 9,000 sf lot in very desirable location consisting of 9 unit hollow tile building with one 2 bedroom, six one bedrooms and two studios. One story two bedroom house and a two story house with one bedroom upstairs and a studio downstairs. Seller found replacement property.
Multi-Family Home
$2,600,000
This eight-unit, two-story walk-up apartment building is ideally located near Kapiolani Blvd and McCully St, offering convenient access to Waikiki, the Kapiolani corridor, public transportation, shopping, and more. Five of the units have been remodeled within the past year, while the remaining three have received partial upgrades. Significant improvements include copper plumbing conversions, ABS drain line upgrades on the second floor, and a silicone-coated roof completed last year. Additionally, each unit is individually metered for electricity, keeping utility costs low. The building is fully occupied, with all leases on a month-to-month basis. Previously, due to maintenance issues, full occupancy was not maintained, but all concerns have been addressed. Since rental income was lower in previous years and full occupancy has only been achieved in the last six months, I have prepared a pro forma analysis outlining projected income, expenses, and net income. This property is a steady income earner with low maintenance and operational costs, is easy to rent, and does not require an on-site manager.
$1.95m  $49,000
Halawa
99-634/A Pualaa Street, Aiea
Multi-Family Home
$1,950,000  $49,000
Excellent opportunity to purchase 2 buildings on a large lot. Great for related parties or friends to purchase 2 buildings in a large compound. Great location, convenient to shopping centers, restaurants, close to the stadium, airport, Pearl harbor, etc. Building 1 built in 1963. Building 2 built in 1988 with an Ohana permit. One story building remodeled in 2020. Buyer to do own due diligence. Large terraced yard including mature fruit trees bearing star apples, mangos, lemons, limes and tangerines, rainwater collection system
Virtual Tour
Multi-Family Home
$2,088,000
NEW LISTING!! Don’t miss this fantastic opportunity to own in A-2 zoning with four 2 bdrm/1 bath units in a 2-story fourplex and two 1 bdrm/1 bath units in a 1-story duplex in the Kapahulu neighborhood. Situated on an almost 7,400 sq. ft. lot, the freshly painted structures have one-for-one parking and separate electric metered units that present an amazing investment opportunity! Conveniently located near parks, beaches and Waikiki with an abundance of restaurants, shopping and entertainment. Hurry this one won’t last!
$2.8m  $100,000
Makiki Area
1240 Young Street, Honolulu
Multi-Family Home
$2,800,000  $100,000
COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.
Multi-Family Home
$2,495,000
Amazing location for thie 8 unit concrete/hollow tile building built to last. Ideal for owner who wants a great asset with good property managment and long term tenants in place. Why hassel when you can enjoy life!
$1.3m  $100,000
Mccully
1861 Kapiolani Blvd, Honolulu
Multi-Family Home
$1,295,000  $100,000
Excellent Location! Borders Makiki Stream! 5 units - 4-1 Bedrooms /1 Studio Apartments. Property needs work, BUT Lots of Possibilities! Walking Distance to Waikiki, The Future Chick-fil-A (?), Convention Center, Restaurants, Bus Lines, etc.
Multi-Family Home
$1,698,888
Landlord's Dream - Fully occupied in a prime location close to UH, bus line and shopping. Tenants on month to month lease. Multi family units at A-2 zone (2 water meters, 4 electric meters and 4 gas meters).4 two bedroom/1 bath units, two duplexes. Tenants pays gas, electricity and cable. Lot size 4995 sq. ft. Living area 2040 square feet. No HOA. Feel free to drive by but PLEASE do not disturb tenants. Replaced Plumbing, Electricity, Gas Line and New Roof done in 2017 and 2018.
Multi-Family Home
$4,580,000
Waikiki Apartment complex with 19 units on Ala Wai Blvd. 3 one-bedrooms, 16 studios, (5 non-conforming) in two buildings. High occupancy rate with long-term tenants. Resident manager occupies a 1-bedroom unit. Showing by appointment only with Buyer's Agent present. Do not disturb tenant occupants. Short distance from famous Waikiki Beach and convenient bus line. Buyer to do Due Diligence.
Multi-Family Home
$1,699,000
WONDERFUL CONVENIENT LOCATION close to KAPAHULU, WAIKIKI, UNIVERSITIES! 2-Story Walk-Up Apartment Building. Coin-Op laundry on site. 2 parking stalls for EACH UNIT (tandem) Great LAND BANK with SOLID INCOME for a future BILL 7 DEVELOPEMENT Project
Multi-Family Home
$5,300,000
TWO, GATED, OCEAN - FRONT PROPERTIES FOR SALW WITH 4 HOUSES. 1. 1-9-1-023-250-0000 (A & C HOUSES 12,352 SQ FR LOT) 2. 1-9-023-106-0000 (B & D HOUSES ON 12,482 SQ FT LOT) ON A BEAUTIFUL, WHITE SANDY BEACH WITH DIAMOND HEAD VIEW. OPEN AREA TO BUILD ANOTHER HOUSE, SECURITY SYSTEM,
$2.05m  $138,000
Palolo
2144 Kauhana Street, Honolulu
Multi-Family Home
$2,050,000  $138,000
TWO LOTS (38 & 39), 9880 sf of contiguous land, opportunity to build or keep as parking. Legal, non-conforming (Lender will lend on 8 units using excellent existing income of over $16K/mo) 7 one bedroom units, 1 commercial office space legal non-conforming (previously a convenience store) with lots of parking on adjoining lot. Opportunity to bring one beds to market rents. All but 2 units have upgraded interiors: new flooring, bathrooms, and kitchens, easy to rent units, all occupied with seasoned tenants. All tenants pay their own separate electric except unit F, whose meter is combined with the commercial unit. Coin laundry area behind property. Located in the heart of Palolo, across the street from laundromat, with easy access to freeway in all directions. Buyer to accept existing survey performed by Anthony Crook October 19, 2019.
Multi-Family Home
$1,790,000
Nestled in a gated Wilikina community, this well-maintained apartment complex is a prime investment opportunity. It includes two buildings: one from 1959 with four one-bedroom, one-bath units, and another from 1964 with four two-bedroom, one-bath units. Each unit has covered parking and a full-sized washer and dryer. A shared picnic area overlooks scenic Lake Wilson. Seven of the eight units are rented, with the last used for storage but easily rentable for added cash flow. Water is metered per building, and electricity is individually metered. Freshly painted in 2023, the property reflects pride of ownership. Conveniently located on a cul-de-sac near freeway access, Schofield Barracks, Wahiawa, and Mililani, it offers easy access to shopping, dining, parks, and entertainment. Please do not disturb tenants or enter without the listor present. The listing is a result of a Partition Action, Civil # 1CCV-24-0000079. The sale is subject to Court confirmation and approval regarding any and all terms and conditions.
$1m
Wahiawa Heights
1619 Walea St, Wahiawa
Multi-Family Home
$1,000,000
Two Houses on One Lot -Main House has a pool and carport -2nd House is an old Church (converted to a home) This is a "Court Ordered Sale" ... No Showings for now. Subject to Court Confirmation
Multi-Family Home
$2,500,000
A rarely available, well-maintained, walk-up apartment building near UH Manoa that is NOT in a flood zone is a significant saving. The building is solid concrete but not on stilts. It sits on a larger-than-average lot size (over 10,000 SF.!), which allows for additional parking, more land appreciation, and less future structural maintenance. Not only is the land vast for a 6-unit building, but the units are more significant, with the 2-bed units averaging 700 SF and the 1-bed unit approximately 550 SF. The ground-floor units have private/fenced backyard areas, while the second-level apartments have city views. Don't let your investor miss out on this building. The rents are pro forma based on HUD.GOV fair market rents.

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