Multi Family homes for sale & real estate in 96823, HI

Multi Family Home for sale in 96823, HI:

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

Multi Family Home for sale in 96823, HI:

This is a well-located 7-unit multifamily investment opportunity in the heart of Honolulu. Built in 1961, this two-story apartment building offers a clean, all one-bedroom/one-bath unit mix - an efficient, easy-to-manage configuration that appeals to a broad renter pool and simplifies ongoing operations for an investor. Below Market Rents.

Multi Family Home for sale in 96823, HI:

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.

Multi Family Home for sale in 96823, HI:

Prime investment opportunity at 1830 Punahou Street, a premier multi-family residential property situated in Makiki across from Punahou School. Fully leased 16 residential units, consisting of 9 one-bedrooms and 7 two-bedrooms, providing immediate cash flow with clear upside rental potential. This fee-simple property offers tenants close proximity to top-rated schools, medical hubs, dining, and public transit. Residents enjoy effortless access to downtown Honolulu, Ala Moana and Waikiki. Features concrete hollow tile construction, private lanais, and 1 dedicated parking stall per unit. An ideal investment for long-term growth.