Refine Search
Map
Sort by
$1,995,000
202610118 MLS
Highly well-maintained 2-story, 6-unit apartment building ideally located near parks, shopping, and top-rated schools. The exterior of the property is in pristine condition, highlighted by fresh exterior paint and consistent pride of ownership. This investment offers immediate income with strong upside potential. Current rents are below market, and all leases are on a month-to-month basis, providing flexibility for future adjustments and increased returns. Units are well maintained, with an opportunity for a new owner to update and modernize interiors over time to further enhance value. Each unit includes smoke alarms, gas ranges, electric refrigerators, and built-in ironing boards. Kitchens feature stainless steel sinks, ceiling-height cabinetry, and built-in dining tables. Exterior improvements include a renovated 6-stall carport, secure vinyl fencing, coin-operated washer/dryers, tankless water heaters, and ample storage. Photocell and sensor lighting enhance safety and convenience. A compelling opportunity for investors seeking a well-cared-for asset with room to grow.

708 E Olokele Avenue, Honolulu

Listing courtesy of Listing Agent: Corinda S Wong (corinda@teamwonghawaii.com) from Listing Office: Hawaii Modern Realty.
$995,000
202610003 MLS
1453 Pele Street presents a rare value-add opportunity in the heart of urban Honolulu. Currently owned by a non-profit organization and operated as a transitional housing facility, this multi-unit property offers flexible configuration potential for investors, contractors, or organizations seeking to reposition and renovate. The upper level features two separate 2-bedroom/1-bath units, while the lower level includes 9 individual bedrooms with shared kitchen and bath facilities. Situated on a centrally located lot near downtown Honolulu, The Queens Medical Center, freeway access, and public transportation. Property requires substantial renovation and is being sold As-Is. Excellent opportunity to restore, redevelop, or reimagine this unique A-2 Apartment zoned property.

1453 Pele Street, Honolulu

Listing courtesy of Listing Agent: Joshua K Martin (joshua@centraloahu.com) from Listing Office: Central Oahu Real Estate LLC.
$1,846,000
202609981 MLS
Rare Kakaako income-producing opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level lot, this versatile duplex offers multiple paths to value creation, including rental income, owner-occupancy with supplemental income, and potential future redevelopment opportunities. Configured with two separate living areas with private entrances, the property provides flexibility for long-term rentals, multi-household occupancy, or a live-in ownership strategy. The spacious floor plans and generously sized rooms enhance tenant appeal and offer a variety of occupancy options. Ideally located near Kakaako, Ala Moana Center, Ward Village,Soto Academy, Safeway, Whole Foods, Kaiser Permanente, schools, Petco, beaches, dining, shopping, banks, healthcare services, and freeway access, this property benefits from strong demand drivers and a very desirable urban location. Potential opportunity to combine with the neighboring property for a larger land assemblage and future redevelopment potential (Buyer to verify all development possibilities, zoning requirements, and permitted uses). Sold As-Is; improvements may not match tax records.

1134 Alohi Way, Honolulu

Listing courtesy of Listing Agent: Thomas S Kiyabu (tomkiyabu@gmail.com) from Listing Office: Coldwell Banker Island Prop.
$2,042,250
202609955 MLS
Rare Kakaako multi-dwelling investment opportunity in the Kakaako Community Development District. Situated on approximately 6,000 sq. ft. of level land, this income-producing property features 3 separate living areas with approximately 9 bedrooms and 6 bathrooms total, offering multiple income streams and exceptional flexibility for investors, owner-occupants, or those seeking a live-in investment strategy. This 3-unit property includes an upstairs 3-bedroom, 2-bath residence (~1,241 sq. ft.), a downstairs 3-bedroom, 2-bath residence (~1,201 sq. ft.), and an attached 3-bedroom, 2-bath ADU built in 1997 (~1,128 sq. ft.); a 6-car tandem carport, plus additional driveway and street parking. Located near Kakaako, Ward Village, Ala Moana Center, Kaiser Permanente, beaches, dining, shopping, medical facilities, schools, and freeway access, this property benefits from strong rental demand in one of Honolulu's most sought-after urban neighborhoods. Potential opportunity to combine with the neighboring duplex on an additional 6,000 sq. ft. lot, creating approximately 12,000 sq. ft. of contiguous land with future redevelopment potential (Buyer to verify all development possibilities).

1128 Alohi Way, Honolulu

Listing courtesy of Listing Agent: Thomas S Kiyabu (tomkiyabu@gmail.com) from Listing Office: Coldwell Banker Island Prop.
$1,250,000
202609730 MLS
Rare opportunity to acquire a 5-unit apartment building in Kalihi with Industrial-Mixed Use zoning, offering strong long-term flexibility. The property is currently operating as a multi-family rental with four occupied 2 bedroom units providing immediate income and one 1 bedroom vacant unit offering flexibility for an owner-occupant or additional rental potential.

1923 Kalani Street, Honolulu

Listing courtesy of Listing Agent: Maurice Rodrigues (mo.realestatehawaii@gmail.com) from Listing Office: Real Broker.
$1,588,000
202609736 MLS
Excellent investment opportunity if you are willing to put in a little work. 2-story hollow tile walk-up building with 6 total units: 5-2 Bedroom units; 1-1 Bedroom unit. Building needs roofing repairs/replacement and some spalling repairs. Units need renovations and plumbing repairs. 6 open parking spaces. 5 electric meters and 1 water meter.

1823 Democrat Street, Honolulu

Listing courtesy of Listing Agent: Scott T Fujiwara (scott.fujiwara@irhawaii.com) from Listing Office: Island, REALTORS.
$2,388,000
202609684 MLS
$16,000+/month current scheduled Income. 9 (large approx. 640sf) 2-bedroom units with 5 parking stalls. Most units are fully renovated. NEW $70,000 Roof (installed 11-2022 by Kapili Construction). Spall Repairs recently completed. Self-Managed. All units have lanai with washer hookups and sinks. Ground Floor units have fenced-in backyards. QUALIFIES FOR 100% BONUS DEPRECIATION.

2021 Wilcox Lane, Honolulu

Listing courtesy of Listing Agent: Alan J Christopher (alan.christopher@cbi-hawaii.com) from Listing Office: CBI Residential Advisory Svcs..
$945,000
3 Beds ⋅ 2 Baths ⋅ 202607211 MLS
SELLER MOTIVATED! Appraised at $1.05M & below tax-assessed value. Luxury elegance awaits you. Discover this modern, stunning 3 bd, 2 ba residence (duplex zoned and CPR), newly renovated, that reflects contemporary luxury mixed with Hawaiian decor. Eligible for VA financing. Nestled in the vibrant McCully neighborhood, this thoughtfully designed two-story layout features 2 beautifully tiled bathrooms, complemented by convenient tandem parking in front of this duplex-style home. Embrace a lifestyle that balances activity and tranquility, all within proximity to Ala Moana Shopping Center and Waikiki. Near dining options, recreation, and entertainment. Modern, distinctive finishing touches throughout, including quartz kitchen and bath counters, breathtaking tiled baths, and accent walls that will take your breath away. Properties of this caliber are hard to find. "1814 & 1812 Waiola Street" is the name of the self-managed AOAO, comprising only four owners. 1812 Waiola St A maintenance fee includes: outside electricity, Sewer, Hurricane, & Insurance that covers outside walls, Ground Termite Treatments, Water, & Mo. Yard Service. Great Rental at $4500mo income. Photos enhanced.

1812 Waiola Street Unit A, Honolulu

Listing courtesy of Listing Agent: Sandra Sagisi Moser (sandrasagisimarketing@gmail.com) from Listing Office: Sandra Sagisi HI Realty Serv..
$3,499,000
202609304 MLS
Three buildings on one lot: a 3BD/2BA house with basement and TWO 4-unit apartments, all separately metered. 13 parking stalls and on-site laundry. Bill 7 redevelopment site with existing income. A-1 zoned. Located across from Lili’uokalani Botanical Garden with direct H-1 access and minutes to Downtown Honolulu’s business core. Site has been evaluated and confirmed for Affordable Housing Development Bill 7 qualification, projecting 40 to 56 units at maximum FAR. Collect income while you pursue entitlements. Buyer to conduct own due diligence.

48 N School Street, Honolulu

Listing courtesy of Listing Agent: Arthur Hughes (Arthur.Hughes@modernhawaii.com) from Listing Office: Hawaii Modern Realty.
$1,299,990
4 Beds ⋅ 3 Baths ⋅ 202609145 MLS
A Rare Find in Desirable Punahou Neighborhood. Three Units. Easy to rent in this popular area in town near the University of Hawaii etc.. Detached Single Family house with 2 bedroom, fenced yard and Carport on Dole St. Two Studio Duplex with Tandem parking on Evelyn St. Each unit has its own Electrical meter and Water and Sewer. All Three Units have new Asphalt Shingle Roofing completed in 2024. Dole Street home had Extensive Plumbing upgrades done in 2023. Rear Duplex Studio needs TLC. Info does not match Tax Records. Tenant Occupied. 48 Hours notice for all Showings. Call William at Island, REALTORS for appointments to show the property.

1932 Dole Street, Honolulu

Listing courtesy of Listing Agent: Cindy Rees-Ouchi (cindy.rees-ouchi@irhawaii.com) from Listing Office: Island, REALTORS.
$2,375,000
202608740 MLS
Rare Investment Opportunity! A 25-Room Apartment Building+ Liquor Store. Here’s your chance to own a high-demand, income-generating property in a high traffic count area in the heart of Central Oahu. This two-story apartment complex features 25 rentable Studio /rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each of the two floor includes shared cooking areas and bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot—a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to Government Offices, Queens hospital, Straub Hospital, medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers.

729 Kinau Street, Honolulu

Listing courtesy of Listing Agent: David Cordero (davidcordero.1global@gmail.com) from Listing Office: Pacific Century Realty.
$2,395,000
202608472 MLS
Two homes on one lot. Live in one, rent the other, and let the income work for you every month. The front home offers six bedrooms, four bathrooms, 4-car parking, and 32 solar panels, spacious enough to attract serious tenants and keep them. The back home tucks in quietly behind with three bedrooms, two bathrooms, a 2-car garage, and 23 solar panels, a comfortable and private place to call your own. Whichever you choose to live in, the other is ready to generate rental income from day one.Centrally located with easy access to downtown Honolulu, this is a property that makes sense on paper and feels right in person. Short commutes, high rental demand, and two well-appointed homes make 2134 Kanealii St the kind of opportunity that rarely comes available in this market. Own your home. Offset your costs. Build toward something real. 2134 Kanealii St isn't just a place to live. It's a smarter way to own in Hawaii.

2134 Kanealii Avenue, Honolulu

Listing courtesy of Listing Agent: Paul D Sebastian (pauls@agorahawaii.com) from Listing Office: Agora Hawaii.
$1,998,000
202608237 MLS
Centrally located multi-family property of over 7,500 square feet with a total of 3 buildings consisting of two 1-bedrooms and three 2-bedrooms with 5 parking stalls. Potential for redevelopment or as a cash flow investment. Minutes to downtown Honolulu, surrounding hospitals, and Kakaako shops and​​‌​​​​‌​‌​​​​‌‌​​‌‌​‌‌​​‌​​​‌​‌ restaurants.

1044 Green Street Unit A, Honolulu

Listing courtesy of Listing Agent: Brandon C Lau (brandon@advisors.re) from Listing Office: Coldwell Banker Island Prop.
$1,425,000
202607989 MLS
Well located in town apartment building featuring a desirable mix of two 2 bedroom units and one 4 bedroom unit, offering flexible rental options and strong income potential. All units are generously sized with functional layouts, washer/dryer hook ups, separate electrical meters, good natural light, and on site parking, making them easy to lease and simple to manage. Tenants enjoy quick access to shopping, bus lines, schools, and major commuter routes, supporting stable demand and low vacancy in this central location. Ideal for an investor seeking steady cash flow or an owner occupant looking to live in one unit and rent the others to offset the mortgage. Plumbing was upgraded and building painted prior to listing.

2221 Fern Street, Honolulu

Listing courtesy of Listing Agent: Joshua Horita (jhorita@horitarealty.com) from Listing Office: Horita Realty LLC.
$1,888,000
202607746 MLS
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.

1213 Matlock Avenue, Honolulu

Listing courtesy of Listing Agent: Christina L Dwight (cis@christinadwight.com) from Listing Office: Commercial Inv. Strategies.
$1,399,000
202607503 MLS
Excellent investment opportunity. Conveniently located, this corner lot duplex has a 3BD/1BA unit upstairs, a 3BD/1BA unit downstairs, and a 1BD/1BA cottage under the 2-car carport. The property is zoned A-2 and has access from both Miller Street and Iolani Street. The units are all occupied, so please do not disturb the tenants. The actual BD/BA count do not match the tax records.

1581 Miller Street, Honolulu

Listing courtesy of Listing Agent: Kenneth E Keast (kennethkeast@gmail.com) from Listing Office: Just Homes.
$1,399,000
7 Beds ⋅ 3 Baths ⋅ 202607493 MLS
Excellent investment opportunity. Conveniently located, this corner lot duplex has a 3BD/1BA unit upstairs, 3BD/1BA unit downstairs, and a 1BD/1BA guest quarters under the 2-car carport. The property is zoned A-2 and has access from both Miller Street and Iolani Street. The units are all occupied, so please do not disturb the tenants. The actual BD/BA count do not match tax records.

1581 Miller Street, Honolulu

Listing courtesy of Listing Agent: Kenneth E Keast (kennethkeast@gmail.com) from Listing Office: Just Homes.
$1,500,000
202607294 MLS
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.

1649 Democrat Street, Honolulu

Listing courtesy of Listing Agent: Daniel K Chong (dchong@screaltyhawaii.com) from Listing Office: SC Realty, LLC.
$1,888,000
202606614 MLS
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.

2148 Kapiolani Boulevard, Honolulu

Listing courtesy of Listing Agent: Sandra S Omiya (sandy.omiya@gmail.com) from Listing Office: One Realty, Incorporated.
$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.
$1,993,000
202606769 MLS
Well-maintained building w/ excellent rental potential. Rarely available 5.79% 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.

2128 Date Street, Honolulu

Listing courtesy of Listing Agent: Christina L Dwight (cis@christinadwight.com) from Listing Office: Commercial Inv. Strategies.
$2,500,000
202605936 MLS
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.

927 Spencer Street, Honolulu

Listing courtesy of Listing Agent: Darlene A Higa (Darlene@pro808.com) from Listing Office: Property Profiles, Inc..
$2,150,000
202605768 MLS
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

1119 Young Street, Honolulu

Listing courtesy of Listing Agent: Russell K Nishimoto (Russell.Nishimoto@LocationsHawaii.com) from Listing Office: Locations LLC.
$895,000
202605441 MLS
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.

37 Kauila Street Unit A, Honolulu

Listing courtesy of Listing Agent: Joyce Yu Guan (joyce.yuguan@cbrealty.com) from Listing Office: Coldwell Banker Realty.
$1,334,000
202605252 MLS
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 above 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.

910 Kopke Street, Honolulu

Listing courtesy of Listing Agent: Travis L McGaughy (Travis.McGaughy@cbrealty.com) from Listing Office: Coldwell Banker Realty.
$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 and parking income. 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.
$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.
$2,650,000
202603822 MLS
Rarely available multiple dwelling property located in desirable Keeaumoku St. Units are separated as follows: one 3-bedroom with 2 bathrooms, four 1-bedrooms with 1 bathroom each, and 7 bedrooms that share 2 bathrooms without a kitchen. In total 8 bathrooms and 7 parking spots. Currently occupied by multiple tenants that come out to a monthly gross income of $10,245. Annual yearly gross income comes out to around $113,000. The 3-bedroom has a washer/dryer in dwelling. There are 2 coin-operated washers shared by tenants outside. The property was originally built in 1918 but was completely remodeled in 1948 and the second floor was added then. During ownership the current owner repainted, made many repairs, and replaced the roof about 4 years ago. Good investment opportunity and a chance to own land in a residential Makiki neighborhood. To be sold as is.

1542 Keeaumoku Street, Honolulu

Listing courtesy of Listing Agent: Mickey Hyun (mikihyun@gmail.com) from Listing Office: New Star Hawaii Top Realty.
$2,350,000
202603821 MLS
Totally remodeled and built brand new first floor two story single family house in Kapahulu neighborhood. Perfect for three families to live together. Second floor has its own entrance, new kitchen, 3 bedrooms, 2 bathrooms, and living room. Also features a large covered back porch as well as an open front deck. The first floor is separated into two units, 1 bedroom with a new kitchen, new bathroom, and its own separate entrance. The other unit features a new kitchen, 1 living room, 1 large family room, 2 bedrooms and 3 full bathrooms. In total there are 7 split AC units (3 on the 2nd floor, 4 on the 1st floor). The property also features a large carport area where you can fit about 6 compact cars as well as parking on the street. The renovations and additions have been completed with an approved ADU permit. Buyer is to do their due diligence. To be sold as is.

3233 Francis Street, Honolulu

Listing courtesy of Listing Agent: Mickey Hyun (mikihyun@gmail.com) from Listing Office: New Star Hawaii Top Realty.
$2,200,000
202603749 MLS
Welcome to 1641 Stillman Lane, a well maintained two-builfiding property in a convenient location! This seven-unit apartment buildings is full of potential. Recent upgrades include new flooring, and appliances throughout. Front building: Two 3bed/1bath and One 2bed/1bath unit with one electric meter and one gas meter. Rear Building: Three 2bed/1bath, and One 1 bed/bath units with four separate electric meters and one gas meter.

1641 Stillman Lane, Honolulu

Listing courtesy of Listing Agent: Isabel Rivera Phu (isabelphu@gmail.com) from Listing Office: West Oahu Realty, Inc..

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.