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$950,000
202616603 MLS FS - Fee Simple Tenure
2 homes on 1 lot in Kaimuki for under $1M, priced below tax assessed value! Both homes rented out on month to month at $4600 total and tenant pays all utilities. Great tenant to take over as an investor, or can submit notice to vacate for an owner occupant. Live in one and rent out the other, use both for multi-generational living, or rent out both for maximum income, the possibilities are endless. Front home is a 3-bedroom 1.5-bath home with a nice outdoor patio perfect for entertaining. Back home is a two story 1-bedroom 1.5-bath home with some nice backyard space and under home storage. Both homes are separately metered for water and electricity and were recently renovated with new vinyl flooring, remodeled bathroom, fresh paint, upgraded kitchen cabinets, and more. Centrally located walking distance to many shopping and dining options at Market City, Kapahulu Ave, Waialae Ave, near UH Manoa, with easy access to freeways. Don't miss out on this rare opportunity to own a multi family home in town at an affordable price. Schedule your showing today before it's too late!

3032 Harding Avenue, Honolulu

Listing courtesy of Compass.

$2,638,000
202616575 MLS FS - Fee Simple Tenure
RARE 8-UNIT FEE-SIMPLE MULTIFAMILY OPPORTUNITY IN HONOLULU! This income-producing L-shaped building features eight 1-bedroom/1-bath units, currently 100% occupied, on an approximately 8,211 sq. ft. fee-simple flag lot at the end of a private driveway, newly paved in 2023. Current scheduled rents total approximately $12,743/month ($152,916/year), plus approximately $150/month in coin-operated laundry income, for estimated gross income of $12,893/month or $154,716 annually. The property offers approximately 12 parking spaces, eight separate electric meters, copper plumbing, and a convenient location near bus stops, shopping, dining, schools, and major Honolulu destinations. An attractive opportunity for investors seeking stable existing rental income, strong tenant demand, and potential long-term rental upside.

2550 Date Street, Honolulu

Listing courtesy of Five Star Realty, Inc..

$1,699,000
8 Beds 5 Baths 202616440 MLS FS - Fee Simple Tenure
Discover an incredible multi-dwelling opportunity in the picturesque Kuliouou Valley. This spacious parcel is situated at the end of a quiet street and includes an original house featuring 3 bedrooms and 2 full bathrooms. In addition to the original house, there is a permitted duplex that boasts 5 bedrooms, 3 bathrooms, and 2 kitchens. Each level of the duplex has separate entrances and an internal staircase connecting them. Renovated in 2025, the duplex has been vacant and is ready for new occupants. Each unit is equipped with its own electric and water meters, washer, dryer, and carports, along with front and back yards, offering plenty of open space. This conveniently located property is close to shopping centers in Hawaii Kai and Koko Marina, as well as schools and medical facilities. This is a must-see property—schedule your viewing today! Please note that a long-time tenant currently occupies the original house on a month-to-month lease. The original house requires significant repairs and may be suitable for a tear-down. The property is priced at its assessed value and is being sold as-is.

6163 Kawekiu PL Kawekiu Place, Honolulu

Listing courtesy of eXp Realty.

$1,785,000
202616551 MLS FS - Fee Simple Tenure
The property features an attractive unit mix of 1 studio, 3 one-bedroom units and 1 two-bedroom unit, providing a diversified tenant profile and broad rental appeal. Current scheduled rents total approximately $8,855/month, with estimated laundry income of $120/month, generating approximately $8,975 in total monthly income or $107,700 annually. Several units are currently rented below market, creating potential for future income growth as leases turn over and rents are adjusted. The property has 5 separate electric meters, allowing electricity to be individually metered for each unit and 1 water meter. Centrally located near McCully, Kalakaua Avenue, Waikiki, Ala Moana, Kapiolani Boulevard, shopping, dining, entertainment, employment centers, schools, parks, and public transportation. The convenient in-town location supports strong rental appeal and accessibility. Whether you’re an experienced multifamily investor expanding your portfolio or seeking an income-producing property with value-add and future rent-growth potential, this property is worth a closer look. Do not disturb tenants or walk onto the property without prior approval. All showings require prior notice and approval.

1729 Malanai Street, Honolulu

Listing courtesy of Five Star Realty, Inc..

$1,995,000
202616331 MLS FS - Fee Simple Tenure
You will love this well maintained duplex and fourplex. Recently painted & the owner has paid attention to the details. All 1 bedroom with 1 bathroom units each with an assigned/covered parking stall. The duplex was built in 1940, with the fourplex being completed in 1958. Tenants pay their own electricity due to separate metering. Each unit has its own hot water heater too. The rents are strong with the possibility of more income when units turnover. Kapahulu location means the units are central to Waikiki, Ala Moana, Kakaako, Kahala, The University of Hawaii, Chaminade University & Kapiolani Community College. Very close to shopping, dining & entertainment. Bike to the beach. Your tenant mix is good with them making their own community at the property. This is the perfect property to complete your 1031 Exchange. Buyer to cooperate with Seller’s IRC Section 1031 Tax Deferred Exchange. Offers will be presented after they are received. Drive by only. Please do not disturb tenants. Make all offers subject to inspection. Income & Expenses are projected. Buyer to do their own research to confirm actual Income & Expenses.

825 Olokele Avenue, Honolulu

Listing courtesy of NextHome KU Realty.

$2,220,000
202616358 MLS FS - Fee Simple Tenure
Welcome to 1641 Stillman Lane! This is a well maintained seven-unit apartment property offering excellent investment potential in a convenient and highly accessible location. The property consists of two buildings with a desirable mix of spacious units and recent improvements including updated flooring and appliance throughout. The Front building features Two 3bed/1bath units and one 2bed/1bath unit with one electric meter and one gas meter. Rear Building offers Three 2bed/1bath units and One 1bath/1bath unit with four separate electric meters and one gas meter. These properties are tenant occupied and provide an opportunity for an investor looking to add a well-positioned multi-family property to their portfolio. Ideally located near Honolulu's business district, Downtown Honolulu, with convenient access to both eastbound and westbound freeways, making commuting throughout Oahu easy and efficient. Also, conveniently located near schools, hospitals, dining, shopping, and everyday amenities.

1641 Stillman Lane, Honolulu

Listing courtesy of Five Star Realty, Inc..

$2,200,000
202616143 MLS FS - Fee Simple Tenure
Brand New Roof - 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. Or 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.

1449 Punchbowl Street, Honolulu

Listing courtesy of KLU Real Estate Inc..

$1,699,000
202615208 MLS FS - Fee Simple Tenure
Discover an incredible multi-dwelling opportunity nestled in the scenic Kuliouou Valley. This spacious parcel is situated at the end of a quiet street and features an original house alongside a permitted duplex. The duplex boasts 5 bedrooms, 3 bathrooms, and two kitchens, with separate entrances for each level, along with an internal staircase connecting them. Renovated in 2025, the duplex has been vacant and is ready for new occupants. Each unit includes its own electric and water meters, as well as a washer, dryer, carports, and front and back yards, offering ample open space. Conveniently located near shopping centers in Hawaii Kai and Koko Marina, as well as schools and medical facilities, this property is a must-see. Schedule your viewing today! Please note that the front house is the original structure and requires significant repairs or may need to be torn down. The property is being sold as-is.

6163 Kawekiu Place, Honolulu

Listing courtesy of eXp Realty.

$1,600,000
7 Beds 4 Baths 202616137 MLS FS - Fee Simple Tenure
Rare opportunity in desirable Aliamanu! This spacious 7-bedroom, 4-bath home offers approximately 2,925 sq. ft. of living area with a flexible layout ideal for multi-generational or extended-family living. Excellent separation of space with beautiful city, coastline, mountain and ocean views. Remodeled in 2022 and featuring laminate and vinyl flooring, split and window A/C, an owned photovoltaic system, and an electric vehicle charging station. Currently tenant occupied with monthly rental income of $7,500. Conveniently located near shopping, schools, airport, military bases and freeway access. Advance notice required for showings. A unique Honolulu property offering exceptional space, income potential, flexibility, views and convenience!

3920 Likini Street, Honolulu

Listing courtesy of Realty Brokerage LLC.

$3,200,000
202615898 MLS FS - Fee Simple Tenure
This unique multi-generational or investment property features 2 separate structures in Lower Manoa with parking for 11 cars. The well-maintained Front House offers maximum flexibility with separate entrances for upstairs and downstairs living. It includes 5 parallel street-side parking spaces, a garage and a large storage room. Tucked away for privacy, the beautiful Back House (built 2013) offers a fresh, modern feel with bright, inviting living spaces. It boasts 3 separate entrances, spacious lanai perfect for relaxing and enjoying the island breeze, and extra storage. The versatile open space between the homes is ideal for a relaxing outdoor or accommodating ample parking for multiple vehicles—an absolute rarity! Ideally located for ultimate convenience, you are just minutes from the University of Hawaii, top-rated schools, shops, and popular dining. Enjoy seamless commutes with easy access on and off the H-1 Freeway. Whether you are looking for strong rental income potential or a spacious family compound, this property delivers unmatched versatility and value. Don't miss this incredible offering! Number of bedrooms may not match tax records.

2243 Sea View Avenue, Honolulu

Listing courtesy of Engel & Volkers Honolulu.

$2,680,000
202615380 MLS FS - Fee Simple Tenure
An exceptional investment opportunity to acquire a well-maintained 5-unit multifamily property in the desirable Punchbowl neighborhood of Honolulu. The property features a diverse unit mix consisting of one studio, one 1-bedroom/1-bathroom, one 2-bedroom/1-bathroom, one 3-bedroom/2bathroom, and one 4-bedroom/2-bathroom unit, along with five covered garage parking stalls. Designed for operational efficiency, all units except the Studio & 1bd/1ba units are separately metered for electricity, making the property easy to self-manage while helping minimize operating expenses. The asset generates strong in-place cash flow with an annual Net Operating Income (NOI) of approximately $110,243. Ideally located just minutes from Downtown Honolulu, Queen’s Medical Center, Kaka'ako, Ala Moana, the University of Hawai'i at Manoa, Roosevelt High School, and Punahou School, the property offers convenient access to major employment centers, shopping, dining, healthcare, and education. This is a rare opportunity for investors seeking a stable, income-producing asset in one of Honolulu’s most centrally located neighborhoods.

1559 Magazine Street, Honolulu

Listing courtesy of Excel Commercial Realty LLC.

$2,250,000
202615162 MLS FS - Fee Simple Tenure
Completely renovated multifamily asset located in the heart of Moiliili on desirable Nakookoo Street. Walking distance to UH Manoa, supermarkets, dining, parks & public transit. Easy H-1 Highway access. 6-unit building (5x2-Bed, 1x1-Bed) engineered for maximum efficiency & minimal overhead. The property has undergone extensive, systematic capital upgrades completed in phases from 2008 through 2025. Major Upgrades include: Systems (2008-2018): Replaced electrical panel per unit. Copper supply lines & replaced plumbing valves with individual shutoffs to prevent building-wide water disruptions. Interiors (2018-2023): Full kitchen & bath renovations with modern cabinets, counters and appliances. Upgraded in late 2023 with durable ceramic tiling across all units. Exterior (2018-2024): Full bitumen roof, gutters, vinyl fencing, metal railings, paintings, resurfaced wide walkway and parking lot with lots of potential; upgraded 2nd-floor hallway decking with spalling remediation. Proactive ground termite treatment completed January 2025. Efficiency: Separately metered electricity, upgraded localized water heaters and low-maintenance finishes ensure minimized expenses.

2730 Nakookoo Street, Honolulu

Listing courtesy of Compass.

$1,385,000
202615073 MLS FS - Fee Simple Tenure
Most properties give you a house with a garage. This one gives you a blank canvas with a finished 3 bedroom house. Set on 10,065 SF at the end of a dead-end street, the property includes a detached 3BD/1BA residence on its own 100-amp meter and a 1,283 SF CMU workshop/garage on a separate 200-amp meter. The clear-span, post-free shop offers a roll-up door, permitted full bath and permitted wet bar. Seller reports an active DPP application to reclassify/convert the shop for residential use as a separate dwelling, with sewer-capacity review described as the remaining approval step. Bathroom and Wet Bar are assumed to be recognized by the DPP. Parking for approximately 10+ vehicles. Exceptional owner-user, multigenerational and future income potentia. Images marked CONCEPT are renderings only and do not depict existing condition.

2308 Kalihi Street Unit E, Honolulu

Listing courtesy of Real Broker.

$2,995,000
202614549 MLS FS - Fee Simple Tenure
Rare Makiki Investment – Two Duplexes, One TMK, Four Units. Exceptional opportunity to acquire two well-maintained duplexes at 1550 & 1552 Davenport Place in highly desirable Makiki. Built in 2007 and meticulously maintained since, the property offers approximately 4,988 sq. ft. of living area across four units, each on a separate electric meter.Two upstairs 4-bedroom/2-bath units (1,321 sq. ft. each) feature hardwood floors, granite kitchen counters, and 2-car garages. Two downstairs 3-bedroom/2-bath units (1,167 sq. ft. each) offer laminate flooring, granite counters, and tandem uncovered parking. All units have individual washers and dryers. Quality construction throughout: concrete foundations, wood framing with stucco exteriors, composition shingle roofs, copper gutters, and heavy sound insulation between floors. Ideal for investors or owner-occupants — live in one unit and let the other three generate income. Minutes to freeway access, Ala Moana Center, shopping, dining, and schools. Excellent condition; sold "As Is. Building SF does not match permit records.

1550 Davenport Place, Honolulu

Listing courtesy of Standard Management LLC.

$2,995,000
14 Beds 8 Baths 202614553 MLS FS - Fee Simple Tenure
Rare Makiki Investment – Two Duplexes, One TMK, Four Units. Exceptional opportunity to acquire two well-maintained duplexes at 1550 & 1552 Davenport Place in highly desirable Makiki. Built in 2007 and meticulously maintained since, the property offers approximately 4,988 sq. ft. of living area across four units, each on a separate electric meter. Two upstairs 4-bedroom/2-bath units (1,321 sq. ft. each) feature hardwood floors, granite kitchen counters, and 2-car garages. Two downstairs 3-bedroom/2-bath units (1,167 sq. ft. each) offer laminate flooring, granite counters, and tandem uncovered parking. All units have individual washers and dryers. Quality construction throughout: concrete foundations, wood framing with stucco exteriors, composition shingle roofs, copper gutters, and heavy sound insulation between floors. Ideal for investors or owner-occupants — live in one unit and let the other three generate income. Minutes to freeway access, Ala Moana Center, shopping, dining, and schools. Excellent condition; sold "As Is." Building square feet does not match permit records.

1550 Davenport Place, Honolulu

Listing courtesy of Standard Management LLC.

$2,882,800
202613836 MLS FS - Fee Simple Tenure
First time ever on the market. Located in the heart of Nuuanu/Punchbowl - this property represents a rare opportunity to acquire nearly an acre of R-5 zoned land in one of Honolulu's central locations. Peaceful, lush and minutes from downtown. Property includes five - 2 bed/ 1 bath homes (currently tenant occupied month-to-month), one - 3bed/2 bath with separate studio with kitchen, and one - 3 bed/ 1 bath home in tear down condition. ~This is a COURT ORDERED PARTITION SALE. This sale is subject to Court confirmation. The property will be sold in a strictly "AS IS" condition, without any express or implied warranties or representations of any kind. Actual number of bedrooms does not match TMK records.

3025 Booth Road, Honolulu

Listing courtesy of Marcus Realty.

$2,395,000
202610752 MLS FS - Fee Simple Tenure
Discover a rare Kaimuki find — two separate homes on one expansive 10,000 sq ft lot, zoned R-5. This is the multi-generational or income-producing property you've been waiting for! The front home offers 3 bedrooms, 1 bath, while the second home features 2 bedrooms, 1 bath — perfect for extended family living, house hacking, or growing your investment portfolio with two rentable units. Set on one of the largest lots in the neighborhood, there's plenty of room to spread out, garden, park multiple vehicles, or explore future potential (buyer to verify). Enjoy the classic Kaimuki lifestyle — walkable to Waialae Avenue's boutique shops, coffee spots, and local eateries, with easy access to Schools, Kapiolani Community College, Diamond Head, and Kahala Mall. Opportunities like this — two homes, one large lot, prime Kaimuki location — don't come around often. Whether you're planning for family, hedging your investment, or seeking rental income potential, this property checks every box.

820 10th Avenue, Honolulu

Listing courtesy of REMAX Hawaii.

$2,500,000
202613906 MLS FS - Fee Simple Tenure
The flexible floorpan caters to versatile living needs, set up as a separate 3 bed, 3 bath, 1 bedroom, 1 bath, and a studio. Enjoy the added bonus of easy maintenance with luxury vinyl plank flooring. This property provides numerous practical amenities including multiple washer-dryers, entrances, solar water heater and the ability to sub-meter the electricity. Take advantage of the pleasant cross breezes from the tradewinds on cooler days or the newly installed Mitsubishi split system AC units for warmer days. With ample covered parking, this property offers great value for east Honolulu. Seize this opportunity to secure your dream retreat near (yet elevated above) the ocean now!

5864 Kalanianaole Highway Unit B, Honolulu

Listing courtesy of Harcourts Island Real Estate.

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.