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1578 Pele Street, Honolulu
$1,549,000
202607167 MLS
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, potentially $9650 with 5th rental unit 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!

1578 Pele Street, Honolulu

Listing courtesy of Listing Agent: Beverly Taira (beverly.taira@islandproperties.com) from Listing Office: Coldwell Banker Island Prop.

87-1719 Mokila Street, Waianae
$685,000
3 Beds ⋅ 3 Baths ⋅ 202607160 MLS
Experience the charm of island living in Maili Sea-Makalae, better known as Sea Country! This 3-bedroom, 2.5-bath home features a functional layout with all bedrooms upstairs and an open-concept living area downstairs, central AC, ceiling fans throughout and 2 car garage, perfect for everyday family life. Upstairs, you’ll find all bedrooms including a primary suite with dual sinks. Downstairs, the kitchen area features vinyl plank flooring, the living room features laminate flooring, and a convenient half bath, a layout designed for both relaxing and entertaining. Enjoy one of the best features of this home, no rear neighbors! Step outside to your rear lanai and spacious yard, perfect for enjoying peaceful mornings or sunset evenings. Enjoy a well-maintained community with a pool, park, and nearby store, all for just an $80/month community association fee, keeping the neighborhood enjoyable without high costs. Close to beaches and hiking trail. Although home may need some TLC, it's a perfect starter home at a great price point or investment property. TENANT OCCUPIED. Please do not disturb tenants on property. **Sold “AS IS”**

87-1719 Mokila Street, Waianae

Listing courtesy of Listing Agent: Crystal R Posiulai (crystalreip@gmail.com) from Listing Office: Royal Realty LLC.

84-956 Hanalei Street, Waianae
$1,765,000
202606722 MLS
ATTENTION INVESTORS – STRONG CASH FLOW OPPORTUNITY! Multi-unit income-producing property in Waianae generating $11,271/month in rental income with a current 6.9% CAP rate and potential to increase to 8%. The 4-bedroom unit is currently rented at $2,500/month, while 2026 City & County Section 8 guidelines show potential rents up to $3,997/month. Monthly expenses remain low with property taxes at approximately $304/month and combined water/electric averaging about $1,100/month. 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 flexibility and value. Property is also CPR-able, creating additional upside and multiple exit strategies. Conveniently located near beaches, shopping, schools, parks, and dining, including Pokai Bay and Tamura’s Market, making it attractive for long-term tenants and owner-occupants alike. VA financing may be possible. Strong income. Value-add potential. Multiple exit strategies. Don’t miss this opportunity!

84-956 Hanalei Street, Waianae

Listing courtesy of Listing Agent: Timothy J Murray (timsells@gmail.com) from Listing Office: NextHome All Islands.

85-209 Ala Akau Street Unit G, Waianae
$219,000
3 Beds ⋅ 1 Baths ⋅ 202606060 MLS ⋅ Ulu Wehi BLDG.
Welcome home to an affordable 3-bedroom/1 bath duplex that’s perfect for first-time buyers. Enjoy easy single-level living, a spacious 3,193 sq. ft. lot, a 2-car carport, and a fully fenced backyard—ideal for pets, play, or hosting friends. The lease rent is just $70.16/month, with a scheduled increase to $91.25/month from July 1, 2027 through June 30, 2031. For added long-term value, the lease may be extended to 2055 (See Supplements for Extended Lease Terms and Special Assessment $127.00/month to November 2026). Eligible for multiple financing options, including FHA Spot loans and Conventional loans. Tenant is on a Month-to-Month Lease, 2 days notice is required for all showings.

85-209 Ala Akau Street Unit G, Waianae

Listing courtesy of Listing Agent: G. Jeannie Byers (jeannie@westbeachrealty.com) from Listing Office: West Beach Realty, Inc..

1439 Akuleana Place, Kailua
$2,188,000
202605301 MLS
This legal multi-family property spans 10,716 sq ft and features two spacious detached homes on a quiet cul-de-sac, offering a perfect setup for multi-generational living or a savvy investment. The front home features luxury vinyl plank and tile flooring, with split AC units in the living room and primary bedroom. The back home is accessible via a private walkway and includes a usable lanai and a window AC. Both residences enjoy their own separate fenced yards and share a large swimming pool equipped with a removable Guardian Pool Fence, creating an ideal environment for entertaining. Designed for convenience and privacy, the homes feature separately metered electricity, and the water system is ready for sub-metering. Parking is plentiful, with a two-car garage, additional off-street parking for four cars, and ample street parking available. Located in a prime Kailua neighborhood, the property is just minutes from schools, parks, the Enchanted Lake Shopping Center, and downtown Kailua, with the beach only a short distance away.

1439 Akuleana Place, Kailua

Listing courtesy of Listing Agent: Marsha L Forsythe (Marsha.forsythe@corcoranpacific.com) from Listing Office: Corcoran Pacific Properties.

254 Kaiulani Avenue, Honolulu
$4,900,000
202603620 MLS
Rarely available apartment building in Waikiki, offering strong income potential and long-term value in one of Honolulu’s most desirable rental markets. Current rents are below market, creating excellent upside potential. This well-maintained solid hollow-tile structure features a classic tiled exterior and covered parking. Each unit is individually metered for electricity with a shared water meter. 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, modernized bathrooms, and newly refurbished railings. Additional monthly revenue is generated from leased coin-operated laundry machines. Pro forma rental income analysis is available. In 2025, the entire property underwent a plumbing inspection and repair process.

254 Kaiulani Avenue, Honolulu

Listing courtesy of Listing Agent: Cannie Chum (canniechum@gmail.com) from Listing Office: Locations LLC.

412 Launiu Street, Honolulu
$18,500,000
202604570 MLS
This rare offering presents a stabilized, fee-simple investment opportunity featuring a total of 36 renovated units situated in the absolute heart of Waikiki. This building is high-density asset perfectly positioned to capture the district’s premium rental rates and offers a superior unit mix designed for maximum occupancy, including TWELVE 2-bedroom/2-bathroom units, EIGHTEEN 2-bedroom/1-bathroom units, and SIX 1-bedroom/1-bathroom units. Each residence has been updated to meet modern standards, providing a turnkey experience for the next owner with significantly reduced capital expenditure requirements compared to the area’s aging inventory. In addition to the robust residential rent roll, the property features an on-site laundromat with four coin-operated washers and dryers, generating consistent ancillary income. Property may differ from tax records; buyer to do their own due diligence.

412 Launiu Street, Honolulu

Listing courtesy of Listing Agent: Peggy SY Tong Kong (peggyrealtyhawaii@gmail.com) from Listing Office: Moana Realty LLC.

1402 Lusitana Street, Honolulu
$1,425,000
202601167 MLS
UPDATE — Seller finance portion of purchase!!! Cash-flowing property in the heart of Honolulu. Ideally located directly across from Queen’s Medical Center and just minutes from numerous government buildings, making this a highly desirable investment. This mixed-use property features a strong rental history with both business and residential income streams. Opportunity rarely knocks twice—don’t miss your chance. Enjoy easy access to major thoroughfares and quick connectivity to H-1, providing exceptional commuting convenience. Fee Simple property includes: 1 commercial/business unit, 3 residential units, 1 Large storage room with conversion potential, Separate electric meters, 2 on-site parking stalls plus ample street parking. Please do not disturb tenants.

1402 Lusitana Street, Honolulu

Listing courtesy of Listing Agent: Deep Shrestha (deep@deepinrealestate.com) from Listing Office: Keller Williams Honolulu.

2711 Waiaka Road, Honolulu
$3,495,000
202600662 MLS
This recently rehabbed 8-unit multifamily property in the heart of Moiliili offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. With 8 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Property is ready to be leased with projected monthly rents of $20,000 provides immediate returns with minimal near-term capital expenditures. *Seller is also selling adjacent 8-unit apartment building and both properties can be sold together, 829 Waiaka Place, MLS#202600664, TMK 1-2-7-27-51

2711 Waiaka Road, Honolulu

Listing courtesy of Listing Agent: Mark D Bratton (mark.bratton@colliers.com) from Listing Office: Bratton Realty Advisors Ltd.

829 Waiaka Place, Honolulu
$2,595,000
202600664 MLS
This recently rehabbed 6-unit multifamily property in the heart of Moiliili, offers investors strong cash flow and appreciation potential. Each 2-bedroom, 1-bath unit has been upgraded with new kitchens, baths, upgraded finishes, air conditioning, plus a new roof, plumbing, and electrical systems. With 10 marked parking stalls, tenant-paid laundry, parking, and pet fees, the property generates multiple revenue streams. Property is fully leased with monthly in-place rents of $14,850 provides immediate returns with minimal near-term capital expenditures. *Seller is also selling adjacent 8-unit apartment building and both properties can be sold together. 2711 Waiaka Road, MLS# 202600662, TMK 1-2-7-27-21.

829 Waiaka Place, Honolulu

Listing courtesy of Listing Agent: Mark D Bratton (mark.bratton@colliers.com) from Listing Office: Bratton Realty Advisors Ltd.

87-102 Kulaaupuni Street Unit 2, Waianae
$815,000
5 Beds ⋅ 3 Baths ⋅ 202600198 MLS
Price Reduced! Stop Renting and Start Building Equity! No HOA! This beautiful brand-new home with 5-bedrooms, 3-bath in Maili is designed for multi-generational living. This home offers flexible layout to accommodate guests or maybe an opportunity to generate rental income if needed. The upper level features 3-bedrooms, 2-bath, and a full kitchen with stainless steel appliances. The lower level includes 2-bedrooms, 1-bath, and a wet bar. Parking accommodates up to 4 vehicles, with possible additional side parking. Conveniently located near Maili Elementary School, within walking distance to the beach, and a short drive to Ko Olina and Kapolei for shopping and dining. Schedule your showing today and imagine starting your next chapter in a brand-new home!

87-102 Kulaaupuni Street Unit 2, Waianae

Listing courtesy of Listing Agent: Cannie Chum (canniechum@gmail.com) from Listing Office: Locations LLC.

3331 Hayden Street Unit FRONT,A,B,C, Honolulu
$3,000,000
202527826 MLS
Each House at $750,000! TRY COOPERATIVE ownership-buy w/friend. Each owner has their own house + rent income from other 2 houses! DIAMOND HEAD COTTAGES terrific Rental Invest-quality property 4 legal full size 2 story individual homes! Flexibility, privacy, comfort & easy living. Views of Kapiolani Park/Waikiki. Loc base Diamond Head 3-6 min.to beach, Kahala Mall; Kaimuki "Foodie" neighborhood; Culinary Inst; Farmer's Market; Kapiolani Park; Zoo; Beach; freeway & bus access etc. Loc boasts the BEST weather on Oahu-sunny blue skies & cooling trade winds. Prime high demand living area. Hayden has City improved sidewalks & underground utilities. EX rental rates & cash flow.3 Homes w/6 bedrooms 2.5+ baths & 4th home has 5 bedrooms 2.5+ baths. Front #1 Liv Area 1,992; Unit "A" (2nd from St) Liv Area 1,792; Unit "B" (3rd from St) Liv Area 1,664;& Unit "C"(end) Liv Area 1,792. A great BUY! Income & Exp. figures short as of Dec 2025 due to vacancy in "B"; now rented for $5,000. "C" now rented $5,000.Updated Income & Exp. figures will be provided when available. DREAM property for COOPERATIVE OWNERHSHIP-EACH HOUSE $750,00- NOT A CPR. Get Creative! See MLS#202603761.

3331 Hayden Street Unit FRONT,A,B,C, Honolulu

Listing courtesy of Listing Agent: Aleta E Klein (aleta2135@gmail.com) from Listing Office: KleinCo, LLC.

87-879 Apuupuu Road, Waianae
$1,450,000
202528273 MLS
Rare opportunity to own nearly four and a half acres of prime land in Waianae, Hawaii, offering exceptional flexibility for a private island lifestyle with mountain views. This expansive property features multiple potential building sites, each with separate access, ideal for creating a multi-dwelling estate, family compound, or income-producing retreat. The land is well-suited for equestrian use, with ample space for horses, stables, and riding or walking paths, while still preserving privacy and open views. Numerous mature trees provide natural shade, beauty, and a serene atmosphere throughout the property. Enjoy the freedom to design your dream lifestyle—whether agricultural, recreational, or residential—in a peaceful rural setting just minutes from beaches and Waianae town amenities.

87-879 Apuupuu Road, Waianae

Listing courtesy of Listing Agent: Deep Shrestha (deep@deepinrealestate.com) from Listing Office: Keller Williams Honolulu.

311 Puuhue Place, Honolulu
$7,300,000
202528027 MLS
FIRST COMPLETED BILL 7 APARTMENT BUILDING FOR SALE! 311 Puuhue Place is a newly constructed five-story walk-up completed in 2022 under Honolulu's Bill 7 program, consisting of twenty-five one-bedroom units on 5,110 square feet of fee simple A-1 zoned land. The property includes nine parking stalls, bicycle and moped parking, and electricity and water submetering monitored by Ikehu Utility Solutions. Each unit features in-unit waster/dryer, water heater, refrigerator, and stove/oven. Income and expenses stated are proforma. Bill 7 exemptions include real property tax and general excise tax through 2032. Please contact Listor for additional details. PLEASE DO NOT DISTURB TENANTS OR WALK ON THE PEROPERTY WITHOUT PERMISSION. Note: One or more photos may have been enhanced.

311 Puuhue Place, Honolulu

Listing courtesy of Listing Agent: Kevin Y Nishikawa (KevinN@marcushawaii.com) from Listing Office: Marcus Realty.

94-825 Waipahu Street, Waipahu
$2,900,000
202523801 MLS
To be sold together with 94-815 Waipahu Street, this BMX-3 zoned commercial property with two residential homes presents a rare mixed-use investment package. Situated on highly visible Waipahu Street, this property spans over one acre, offering both versatility and prime exposure. The commercial building currently operates as an auto servicing facility, featuring a large canopy, multiple service bays, a small office, enclosed storage bays on the lower level, and ample on-site parking. The two residential homes include a 1-bedroom, 1-bath dwelling & a 3-bedroom, 1-bath single-family home. The property backs onto preservation land, providing extra privacy and a tranquil setting, a rare combination in this convenient Waipahu location. Adjacent to this parcel is an additional residential property being sold together, featuring a 6-bed, 3-bath, two-story home on a 9,232 sq. ft. lot (MLS #202523861, TMK: 1-9-4-013-069-0000). Together, these properties offer a unique and flexible investment opportunity in one of Waipahu's most accessible and visible locations. Square footage is based on C&C records. Buyer to conduct their own due diligence. Property to be conveyed in 'as-is' condition.

94-825 Waipahu Street, Waipahu

Listing courtesy of Listing Agent: Kay M Mukaigawa (Kay.Mukaigawa@evrealestate.com) from Listing Office: Engel & Volkers Honolulu.

915/915C/916C Eu Lane, Honolulu
$1,150,000
202521378 MLS
Priced to sell way below tax assessed value! Great for owner-user to redevelop property. Sale includes TMKs: 1-1-5-4: parcels 8, 24, and 27 (10,509 SF land in total). IMX-1 (Industrial Mixed-Use) zoning. Four 2-bedroom/1 bath house all around 100 years old. Small open shed in rear of property. Price based on land value only. Showings subject to accepted offer. Some improvements non-permitted. Being sold in As-Is, Where-Is condition. Buyer to perform their own due diligence. All units rented on month-to-month tenancy. Flood Zone X. DO NOT DISTURB TENANTS OR WALK ON PROEPRTY WITHOUT PROPER NOTICE. Showings based on accepted offer only. Call listor for more details. Note: One or more photos may have been enhanced.

915/915C/916C Eu Lane, Honolulu

Listing courtesy of Listing Agent: Kevin Y Nishikawa (KevinN@marcushawaii.com) from Listing Office: Marcus Realty.

2139 Kuhio Avenue Unit 27th Floor, Honolulu
$8,980,000
202510911 MLS
One of a kind. Owning the entire 27th floor at the Ritz-Carlton Residences Waikiki Beach, specifically in the Diamond Head Tower, represents a pinnacle of luxury retreat to Hawaii. With sweeping views of the Pacific Ocean, Diamond Head Crater, and the Waikiki Skyline, the residence is perfectly positioned to offer both sunrise and sunset vistas. This high-ceiling full-floor residence provides unmatched privacy and exclusivity, consisting of 10 separate units of studios,1 bedrooms & 2 bedrooms. Many of these homes are available fully furnished, making it effortless to move in, generate income through the hotel pool, or begin hosting guests. Beyond the residence, ownership comes with access to the Ritz-Carlton’s signature five-star service. This includes in-residence dining, daily housekeeping (in hotel pool), concierge services, valet parking, and access to world-class amenities like infinity pools, a fitness center, a full-service spa, and top-tier dining. The sale includes 10 units (CPR) 2701 (1BR 1BA), 2702 (0BR 1BA), 2703 (0BR 1BA), 2705 (1BR 2BA), 2706 (1BR 1BA), 2707 (0BR 1BA), 2708 (0BR 1BA), 2709 (0BR 1BA), 2710 (2BR 2BA), & 2711 (0BR 1BA).

2139 Kuhio Avenue Unit 27th Floor, Honolulu

Listing courtesy of Listing Agent: Jordan T Kam (jordank@cbpacific.com) from Listing Office: Coldwell Banker Realty.

54 Maluniu Avenue, Kailua
$5,388,000
202510044 MLS
PRICE REDUCTION! 5.5% cap rate on current income! This exceptional property offers 10 apartment units and 2 ground floor retail units in prestigious Kailua. The building was majorly renovated inside and outside including replacement of all utilities, new silicone waterproof roof and commercial grade gutter systems, all new stainless steel appliances, flooring, interiors, fencing and painting. All apartment units have dual-pane glass vinyl windows and balcony sliding doors, LED lighting, split AC units in bedrooms and living rooms, and individual full-size stacked LG washer-dryers located on the balconies. The 2 retail spaces benefit from a high visibility location in this upscale retail corridor. In addition to abundant street parking in the immediate area, there are 7 covered parking stalls. Located just moments from Whole Foods Market and Kailua Beach. This is a trophy, renovated asset in an incredibly desirable submarket where investment properties are rarely available for sale and could be “turnkey” for a buyer. The apartments and retails units have been split into separate TMKs (1-4-3-31-27-1 & -2) for lower property tax rates.

54 Maluniu Avenue, Kailua

Listing courtesy of Listing Agent: Ashley Clagstone (ashley@standardcommercial.com) from Listing Office: Standard Management LLC.

1650 Young Street, Honolulu
$14,000,000
202403902 MLS
Have you been looking for an established apartment building with overflowing investment potential and an unparalleled location? You’re in luck! This 42-unit apartment building is perfectly situated in the coveted historic neighborhood of Moiliili close to many restaurants, stores, schools, Kapiolani Medical Center (0.6-miles), Ala Moana Center (0.9-miles), University of Hawaii at Manoa (1.1-miles), and Downtown Honolulu (2.1-miles). Equipped with a gated lower-level parking lot and an upper-level parking lot, this building features 42 1BR/1BA units, 1:1 parking ratio, solid concrete construction, keyed elevator, trash chutes on each level, and a secured community laundry room with 4 washers and 4 dryers. Other considerations include separate electric meters, lovely views, loading zone area, and much more! Call now to find out more about adding this building to your investment portfolio! NOI is actual with many under market rent units. Please contact Listor with additional questions and interior showings will be subjected to accepted offer. Please submit offers on the Commercial Purchase and Sale Agreement form. DO NOT DISTURB tenants.

1650 Young Street, Honolulu

Listing courtesy of Listing Agent: Derek C Lau (derek.lau@reshawaii.com) from Listing Office: Real Estate Specialists.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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