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$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.

$1,737,000
202614436 MLS ⋅ FS - Fee Simple Tenure
GREAT SCHOOL DISTRICTS! WAIKIKI ELEMENTARY/KAIMUKI MIDDLE/KALANI HIGH!!! MULTI-DWELLING IN KAPAHULU! Front house is a 2-story--2/1 upper & 2/1 lower. Back house is a 3/1. It has 3 electric meters & 3 gas meters. All tenants occupied. Renovated in 2022 includes new kitchens, bathrooms, flooring and paint. Please don't walk on property or disturb tenants.

3429 Wela Street, Honolulu

Listing courtesy of Realty Prime LLC.

$2,300,000
202614024 MLS ⋅ FS - Fee Simple Tenure
This property consists of two separate lots 1-3-1-7-33 & 86. This property consists of 3 homes, 1 two bedroom 1 bath home. 1 2 bdrm 2 bath home and 1 4 bdrm 2.5 bath home. This is property is perfect for someone who has a creative designers eye. So much potential. There is a 4 car enclosed garage. The 2 bdrm units are currently rented. the 2 story 4 bdrm is vacant and can be shown any time. Square footage of the 4 bdrm house does not match up with tax records. 3 units have their own washer and dryers. Land square footages and tax assessed values are for both lots.

Honolulu

Listing courtesy of Hawaii Resource Realty.

$1,995,000
202610118 MLS ⋅ FS - Fee Simple Tenure
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 Hawaii Modern Realty.

$3,900,000
202527826 MLS ⋅ FS - Fee Simple Tenure
Each House for less than $1.0M! 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 property4 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 $4,850/$5,000.Updated Income & Exp. figures will be provided when available. DREAM property for COOPERATIVE OWNERHSHIP-EACH HOUSE LESS THAN $1M- NOT A CPR. Get Creative! See MLS#202603761.

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

Listing courtesy of KleinCo, LLC.

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.