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$5,388,000
202510044 MLS FS - Fee Simple Tenure 479 DOM
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

$1,900,000
202417894 MLS FS - Fee Simple Tenure 722 DOM
Property like this rarely comes on the market, with over 20,000 sqft of usable land zoned R-5 in the center of Honolulu! This gently-downsloped, nicely-shaped parcel has plenty of parking and is convenient to transportation. From its sweeping lawns, the mountain and valley views are spectacular. The owners have a topo map plus schematic designs for development of five homes, with sewer connections approved at that time, subject to re-applying--or buyers may build their own dreams! The two houses on the property have some solid qualities and are occupied by tenants, but the property is being sold well below the Assessed Value of even just the land. Don’t miss this amazing opportunity! Also listed on MLS under Single-Family MLS #202417895.

322 Auwaiolimu Street, Honolulu

$1,188,000
202324269 MLS FS - Fee Simple Tenure 1019 DOM
Sustainable homestead, multigenerational living…so many possibilities! Privacy down a long driveway to 2 homes on fully fenced 3.41 acres of fertile farmland. The homes are in rough condition with deferred maintenance. Besides the 2 homes, there is a large greenhouse frame, large concrete block vegetable processing building with water plumbed to it, and 2 carports. Prominently featured on the land is the producing mango orchard of around 30 trees. Also, several miscellaneous fruit trees like citrus, pomegranate, guava, noni, starfruit and avocado. Fruit trees are serviced by in-ground water pipe system. Property has Ag water meter for lower water cost for agricultural use. Irrigation piping map, soil analysis and list of mango types are in supplements. Local food production is so needed and encouraged in these times. It can all be done here! Give this currently neglected homestead the love it deserves and transform it into a food forest...you'll have a great start. So much potential here! One home is vacant, the other is occupied by tenants on month to month lease. Do not drive down driveway without an appointment.

85-775A Waianae Valley Road, Waianae

$3,950,000
202421166 MLS FS - Fee Simple Tenure 690 DOM
Approximately 4% pro forma cap rate with currently renting as 6 units rental in one of Honolulu's most desirable investment corridors.. Built in 2015 this newer- construction properties offer the low-maintenance ownership Investors seek while providing strong income potential and futures flexibility under AMX-2 zoning . This sales including TMK 123-034-019-0001, 123-034-018-0002, 123-034-019-0003. Three detached CPR houses .Front & middle houses have Five bedroom/3baths(3/2 up 2/1 down) and the back house has three bedroom three bath(2/1 up 1/1 down), Stucco exteriors and two cars garages. Newer constructions help minimize future maintenance expenses. Lease PV system has been fully paid off by the seller. Each home features a spacious interior with a separated entrance. Situated on Kapiolani Boulevard directly across from McCully Shopping Center with all the eatery, and just minutes from world famous Ala Moana Center, Ala Moana Beach Park, yacht club and conveniently close to Waikiki, with easy access to multiple bus stops, and the convention center, These properties can be sold individually or as a package. All interior photos were taken before tenants moved in.

1867 Kapiolani Boulevard Unit Mainhouse, A & B, Honolulu

$14,000,000
202403902 MLS FS - Fee Simple Tenure 899 DOM
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

$5,000,000
202404884 MLS FS - Fee Simple Tenure 884 DOM
Do you desire to expand your growing investment portfolio with a centrally-located multiunit property? Check out the possibilities of 1254 Lunalilo Street! Tucked away in an extremely convenient area is this 15-unit concrete multiunit building featuring a desirable 1:1 parking ratio, separate electric meters, and a secured laundry area with two washers, two dryers, and a utility sink. Boasting 12-one bedroom units and 3-two bedroom units, the property allows for maximum resident comfort. Each unit features an open layout, neutral interior paint, a spacious living/dining area, storage closets, and a fully-equipped kitchen with a gas stove, pantry, and ample cabinets. Bedrooms are well-sized with generous closet space, while each full bathroom includes a shower/tub combo, medicine cabinet, and a storage vanity. Outdoor relaxation is a breeze with all units featuring a cozy balcony. Tenants will enjoy easy access to transportation, shopping, restaurants, entertainment, and Makiki Park. NOI is actual. Please contact Listor with additional questions. Interior showings will be subjected to accepted offer. Please submit offers using the Commercial PSA. DO NOT DISTURB tenants.

1254 Lunalilo Street, Honolulu

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.