Real Estate Investment Properties for Sale in Kailua Kona, HI

Looking for investment property in Kailua Kona, HI with high ROI ?

Explore a variety of short-term homes & houses in Kailua Kona, HI. Invest wisely with VRBO & Kailua Kona, HI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Condos for Sale in Kailua Kona, HI

Search for Condo for Sale in Kailua Kona, Hawaii. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 99 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
75-6082 ALII DR unit: B136 Kailua Kona, HI Location, location, location! Ocean-view 2 bed / 2 bath condo in the oceanfront Casa De Em...	2 beds \| 2 baths \| 1,288 sq.ft.	$799,500	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.03% Airbnb Rental Income: $1824 Traditional Rental Income: $3130 Airbnb ROI: -0.39% Traditional ROI: 2.03%
78-6842 ALII DR unit: 1201 Kailua Kona, HI Fresh paint and new luxury flooring were recently installed. An End Unit with bridge acces...	2 beds \| 2 baths \| 1,527 sq.ft.	$750,000	Airbnb cash on cash: -2.92% Traditional cash on cash: 0.59% Airbnb Rental Income: $1824 Traditional Rental Income: $3786 Airbnb ROI: -2.92% Traditional ROI: 0.59%
75-6040 ALII DR unit: 108 Kailua Kona, HI Here is a rare residential alternative to owning an oceanfront home in Hawaii!! You enjoy ...	3 beds \| 3 baths \| 2,546 sq.ft.	$2,299,000	Airbnb cash on cash: -2.95% Traditional cash on cash: -1.38% Airbnb Rental Income: $2681 Traditional Rental Income: $5387 Airbnb ROI: -2.95% Traditional ROI: -1.38%
75-346 HUALALAI RD unit: E101 Kailua Kona, HI This lovely 3-bedroom, 2-bath condo is centrally located in the heart of Kailua-Kona and s...	3 beds \| 2 baths \| 1,195 sq.ft.	$749,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.67% Airbnb Rental Income: $2681 Traditional Rental Income: $3120 Airbnb ROI: 0.13% Traditional ROI: 1.67%
75-6040 ALII DR unit: 504 Kailua Kona, HI ROYAL SEA CLIFF - Lush Garden & Peek-a-boo ocean views Oceanfront Complex - Resort living ...	2 beds \| 2 baths \| 1,087 sq.ft.	$589,000	Airbnb cash on cash: -4.13% Traditional cash on cash: -1.13% Airbnb Rental Income: $1824 Traditional Rental Income: $2981 Airbnb ROI: -4.13% Traditional ROI: -1.13%
78-7030 ALII DR unit: 301 Kailua Kona, HI Ocean views and golf course frontage define this bright and breezy 2-bedroom, 2-bath groun...	2 beds \| 2 baths \| 932 sq.ft.	$525,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 1.11% Airbnb Rental Income: $1824 Traditional Rental Income: $2760 Airbnb ROI: -1.8% Traditional ROI: 1.11%
75-6016 ALII DR unit: 118 Kailua Kona, HI This is a leasehold property. Beautifully maintained 1 bedroom, 1 bath condo in Kailua-Kon...	1 beds \| 1 baths \| 615 sq.ft.	$100,000	Airbnb cash on cash: -5.55% Traditional cash on cash: 6.8% Airbnb Rental Income: $1380 Traditional Rental Income: $2162 Airbnb ROI: -5.55% Traditional ROI: 6.8%
77-6581 SEA VIEW CIRCLE unit: 3B Kailua Kona, HI Unit 3B at the Ikena Lalo complex in Kailua-Kona offers a bright, move-in ready island ret...	2 beds \| 4 baths \| 981 sq.ft.	$465,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 2.68% Airbnb Rental Income: $1824 Traditional Rental Income: $2589 Airbnb ROI: -0.21% Traditional ROI: 2.68%
78-7070 ALII DR unit: A204 Kailua Kona, HI This rarely available corner 2-bedroom, 2-bathroom resort-zoned condo captures cooling bre...	2 beds \| 2 baths \| 1,242 sq.ft.	$680,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 0.8% Airbnb Rental Income: $1824 Traditional Rental Income: $2660 Airbnb ROI: -1.3% Traditional ROI: 0.8%
75-6081 ALII DR unit: R201 Kailua Kona, HI This corner two-bedroom, two-bathroom unit is tucked into the peaceful back corner of Alii...	2 beds \| 2 baths \| 780 sq.ft.	$475,000	Airbnb cash on cash: -1% Traditional cash on cash: 1.84% Airbnb Rental Income: $1824 Traditional Rental Income: $2591 Airbnb ROI: -1% Traditional ROI: 1.84%
75-6040 ALII DR unit: 401 Kailua Kona, HI Welcome to Royal Sea Cliff Club #401! This 2-bedroom, 2-bathroom garden-view condo is full...	2 beds \| 2 baths \| 1,156 sq.ft.	$549,000	Airbnb cash on cash: -4.43% Traditional cash on cash: -0.84% Airbnb Rental Income: $1824 Traditional Rental Income: $3175 Airbnb ROI: -4.43% Traditional ROI: -0.84%
75-6016 ALII DR unit: 323 Kailua Kona, HI Alii Villas Unit 323 - Ocean View, Turnkey 1-Bedroom Condo in Kailua Kona Welcome to Alii ...	1 beds \| 1 baths \| 635 sq.ft.	$550,000	Airbnb cash on cash: -2.08% Traditional cash on cash: -1.05% Airbnb Rental Income: $1380 Traditional Rental Income: $1487 Airbnb ROI: -2.08% Traditional ROI: -1.05%
76-6246 Alii Dr #224 Kailua Kona, HI RARELY AVAILABLE Oceanfront 1-Bedroom Condo at Kona Bali Kai on Historic Alii Drive! Wake ...	1 beds \| 1 baths \| 651 sq.ft.	$699,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.25% Airbnb Rental Income: $1380 Traditional Rental Income: $2041 Airbnb ROI: -0.41% Traditional ROI: 1.25%
75-5873 WALUA ROAD unit: D232 Kailua Kona, HI Rarely available top floor two bedroom end unit in Kona Mansions. Centrally located in the...	2 beds \| 2 baths \| 1,017 sq.ft.	$529,000	Airbnb cash on cash: -1.84% Traditional cash on cash: 0.85% Airbnb Rental Income: $1824 Traditional Rental Income: $2660 Airbnb ROI: -1.84% Traditional ROI: 0.85%
78-261 MANUKAI ST unit: 1303 Kailua Kona, HI PARDON OUR DUST while we finish Remodeling the Kitchen and Baths! This rare 3 BEDROOM & 3 ...	3 beds \| 3 baths \| 1,769 sq.ft.	$999,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 0.87% Airbnb Rental Income: $2681 Traditional Rental Income: $4542 Airbnb ROI: -1.82% Traditional ROI: 0.87%
73-1104 NUUANU PL unit: G203 Kailua Kona, HI Seascape is a beautifully maintained complex designed with steel construction. These units...	2 beds \| 2 baths \| 1,010 sq.ft.	$499,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 2.74% Airbnb Rental Income: $1824 Traditional Rental Income: $3127 Airbnb ROI: -1.11% Traditional ROI: 2.74%
78-7100 KAMEHAMEHA III RD unit: 202 Kailua Kona, HI Beautiful second floor, corner condo in Keauhou Kai. New stainless kitchen appliances, was...	2 beds \| 2 baths \| 1,244 sq.ft.	$688,500	Airbnb cash on cash: -1.7% Traditional cash on cash: 0.37% Airbnb Rental Income: $1824 Traditional Rental Income: $2660 Airbnb ROI: -1.7% Traditional ROI: 0.37%
78-6920 ALII DR unit: 116 Kailua Kona, HI Charming Keauhou Condo with a Private Lanai Welcome to your island retreat at 78-6920 ...	2 beds \| 2 baths \| 1,000 sq.ft.	$800,000	Airbnb cash on cash: -2.22% Traditional cash on cash: -0.28% Airbnb Rental Income: $1824 Traditional Rental Income: $2776 Airbnb ROI: -2.22% Traditional ROI: -0.28%
78-6842 ALII DR unit: 1204 Kailua Kona, HI 100% Turn key move in ready! Keauhou Gardens Resort, prime end unit with no stairs, stella...	1 beds \| 1 baths \| 1,101 sq.ft.	$728,000	Airbnb cash on cash: -2.95% Traditional cash on cash: -0.6% Airbnb Rental Income: $1380 Traditional Rental Income: $2553 Airbnb ROI: -2.95% Traditional ROI: -0.6%
78-261 MANUKAI ST unit: 801 Kailua Kona, HI Set within the 17-acre resort grounds of Kanaloa at Kona, Unit #801 enjoys a setting that ...	1 beds \| 1 baths \| 1,016 sq.ft.	$585,000	Airbnb cash on cash: -3.02% Traditional cash on cash: 0.2% Airbnb Rental Income: $1380 Traditional Rental Income: $2723 Airbnb ROI: -3.02% Traditional ROI: 0.2%
75-6026 ALII DR unit: 4201 Kailua Kona, HI This is a leasehold property. Oversized wrap around lanai and peek-a- boo ocean views make...	2 beds \| 2 baths \| 1,041 sq.ft.	$375,000	Airbnb cash on cash: -4.44% Traditional cash on cash: 0.54% Airbnb Rental Income: $1824 Traditional Rental Income: $3083 Airbnb ROI: -4.44% Traditional ROI: 0.54%
76-6246 ALII DR unit: 219 Kailua Kona, HI From your private lanai overlooking the Pacific Ocean, watch surfers at Banyans, spinner d...	2 beds \| 2 baths \| 806 sq.ft.	$950,000	Airbnb cash on cash: -2.38% Traditional cash on cash: -0.83% Airbnb Rental Income: $1824 Traditional Rental Income: $2702 Airbnb ROI: -2.38% Traditional ROI: -0.83%
75-6040 Alii Dr #714 Kailua Kona, HI This top-floor, two-bedroom, two-bathroom condo at Royal Sea-Cliff Club offers ocean views...	2 beds \| 2 baths \| 1,170 sq.ft.	$695,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 2.31% Airbnb Rental Income: $1824 Traditional Rental Income: $2909 Airbnb ROI: -0.13% Traditional ROI: 2.31%
78-261 MANUKAI ST unit: 303 Kailua Kona, HI Experience the perfect balance of island serenity and modern comfort in this turn key upda...	3 beds \| 2 baths \| 1,412 sq.ft.	$1,200,000	Airbnb cash on cash: -1.7% Traditional cash on cash: -1.53% Airbnb Rental Income: $2681 Traditional Rental Income: $2233 Airbnb ROI: -1.7% Traditional ROI: -1.53%
78-261 MANUKAI ST unit: 104 Kailua Kona, HI This spacious and beautifully upgraded 2-bedroom, 2-bathroom condo offers approximately 1,...	2 beds \| 2 baths \| 1,412 sq.ft.	$923,000	Airbnb cash on cash: -2.74% Traditional cash on cash: 0.09% Airbnb Rental Income: $1824 Traditional Rental Income: $3761 Airbnb ROI: -2.74% Traditional ROI: 0.09%
75-5855 Walua Rd APT 20 Kailua Kona, HI	1 beds \| 1 baths \| 800 sq.ft.	$399,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.85% Airbnb Rental Income: $1380 Traditional Rental Income: $1528 Airbnb ROI: -0.66% Traditional ROI: 0.85%
75-6106 Alii Dr Kailua Kona, HI Excellent vacation rental, and ready to become yours! Best priced unit in popular Kona By ...	2 beds \| 2 baths \| 920 sq.ft.	$670,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.42% Airbnb Rental Income: $1824 Traditional Rental Income: $2004 Airbnb ROI: -0.66% Traditional ROI: 0.42%
73-1102 NUUANU PL unit: F103 Kailua Kona, HI PRICED TO SELL! This well-positioned ground-floor residence offers a chance to own in Seas...	2 beds \| 2 baths \| 1,010 sq.ft.	$425,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 4.46% Airbnb Rental Income: $1824 Traditional Rental Income: $3146 Airbnb ROI: -0.1% Traditional ROI: 4.46%
73-1114 NUUANU PL unit: L103 Kailua Kona, HI Positioned at an ideal 600 ft elevation within Seascape Condominiums, this ground-floor 2-...	2 beds \| 2 baths \| 1,010 sq.ft.	$499,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.88% Airbnb Rental Income: $1824 Traditional Rental Income: $2298 Airbnb ROI: -0.19% Traditional ROI: 1.88%
75-6124 ALII DR unit: 208 Kailua Kona, HI Welcome Home! This condo has been lovingly cared for by the same owner for over 20 years. ...	1 beds \| 1 baths \| 830 sq.ft.	$599,000	Airbnb cash on cash: -2.29% Traditional cash on cash: 0.09% Airbnb Rental Income: $1380 Traditional Rental Income: $2296 Airbnb ROI: -2.29% Traditional ROI: 0.09%
78-216 MAKOLEA ST unit: 32 Kailua Kona, HI Welcome to your slice of paradise at your condo in Makolea in sunny Keauhou! This fully fu...	1 beds \| 1 baths \| 480 sq.ft.	$439,999	Airbnb cash on cash: -1.63% Traditional cash on cash: -0.27% Airbnb Rental Income: $1380 Traditional Rental Income: $1523 Airbnb ROI: -1.63% Traditional ROI: -0.27%
77-6585 SEAVIEW CIRCLE unit: 104 Kailua Kona, HI Recently, the complex underwent a significant upgrade, including the installation of a bra...	2 beds \| 2 baths \| 1,050 sq.ft.	$465,000	Airbnb cash on cash: -0.67% Traditional cash on cash: 1.19% Airbnb Rental Income: $1824 Traditional Rental Income: $2142 Airbnb ROI: -0.67% Traditional ROI: 1.19%
78-261 MANUKAI ST unit: 3601 Kailua Kona, HI Embrace Oceanfront Paradise at Kanaloa at Kona in this Prime 2-Bedroom, 2-Bathroom Condo! ...	2 beds \| 2 baths \| 1,486 sq.ft.	$1,325,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 0.25% Airbnb Rental Income: $1824 Traditional Rental Income: $3936 Airbnb ROI: -1.86% Traditional ROI: 0.25%
76-134 HEENALU ROAD unit: 8 Kailua Kona, HI Alii Banyan #8 is a bright, updated 2-bedroom, 1-bathroom corner unit tucked off Alii Driv...	2 beds \| 1 baths \| 826 sq.ft.	$449,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.01% Airbnb Rental Income: $1824 Traditional Rental Income: $2655 Airbnb ROI: -1.13% Traditional ROI: 2.01%
75-5766 KUAKINI HIGHWAY unit: 307 Kailua Kona, HI Welcome to Kailua Village 307, a third-floor furnished condo in the heart of Kailua-Kona. ...	1 beds \| 1 baths \| 639 sq.ft.	$374,500	Airbnb cash on cash: -2.58% Traditional cash on cash: 0.64% Airbnb Rental Income: $1380 Traditional Rental Income: $2094 Airbnb ROI: -2.58% Traditional ROI: 0.64%
75-123 LUNAPULE RD unit: 107 Kailua Kona, HI Welcome home to this beautifully maintained and recently renovated 2-bedroom, 2-bathroom c...	2 beds \| 2 baths \| 882 sq.ft.	$575,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 1.03% Airbnb Rental Income: $1824 Traditional Rental Income: $2822 Airbnb ROI: -1.74% Traditional ROI: 1.03%
78-6920 ALII DR unit: 219 Kailua Kona, HI Discover tranquility just moments away from the vibrant heart of Kailua-Kona, in this char...	2 beds \| 2 baths \| 1,000 sq.ft.	$775,000	Airbnb cash on cash: -2.21% Traditional cash on cash: -0.04% Airbnb Rental Income: $1824 Traditional Rental Income: $2897 Airbnb ROI: -2.21% Traditional ROI: -0.04%

Your search for investment property begins and ends here

Condos for Sale in Kailua Kona, HI

75-6082 ALII DR unit: B136

Kailua Kona, HI

2 beds | 2 baths | 1,288 sq.ft.

$799,500

Airbnb cash on cash: -0.39%

Traditional cash on cash: 2.03%

Airbnb Rental Income: $1824

Traditional Rental Income: $3130

Airbnb ROI: -0.39%

Traditional ROI: 2.03%

78-6842 ALII DR unit: 1201

Kailua Kona, HI

2 beds | 2 baths | 1,527 sq.ft.

$750,000

Airbnb cash on cash: -2.92%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $1824

Traditional Rental Income: $3786

Airbnb ROI: -2.92%

Traditional ROI: 0.59%

75-6040 ALII DR unit: 108

Kailua Kona, HI

3 beds | 3 baths | 2,546 sq.ft.

$2,299,000

Airbnb cash on cash: -2.95%

Traditional cash on cash: -1.38%

Airbnb Rental Income: $2681

Traditional Rental Income: $5387

Airbnb ROI: -2.95%

Traditional ROI: -1.38%

75-346 HUALALAI RD unit: E101

Kailua Kona, HI

3 beds | 2 baths | 1,195 sq.ft.

$749,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $2681

Traditional Rental Income: $3120

Airbnb ROI: 0.13%

Traditional ROI: 1.67%

75-6040 ALII DR unit: 504

Kailua Kona, HI

2 beds | 2 baths | 1,087 sq.ft.

$589,000

Airbnb cash on cash: -4.13%

Traditional cash on cash: -1.13%

Airbnb Rental Income: $1824

Traditional Rental Income: $2981

Airbnb ROI: -4.13%

Traditional ROI: -1.13%

78-7030 ALII DR unit: 301

Kailua Kona, HI

2 beds | 2 baths | 932 sq.ft.

$525,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $1824

Traditional Rental Income: $2760

Airbnb ROI: -1.8%

Traditional ROI: 1.11%

75-6016 ALII DR unit: 118

Kailua Kona, HI

1 beds | 1 baths | 615 sq.ft.

$100,000

Airbnb cash on cash: -5.55%

Traditional cash on cash: 6.8%

Airbnb Rental Income: $1380

Traditional Rental Income: $2162

Airbnb ROI: -5.55%

Traditional ROI: 6.8%

77-6581 SEA VIEW CIRCLE unit: 3B

Kailua Kona, HI

2 beds | 4 baths | 981 sq.ft.

$465,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 2.68%

Airbnb Rental Income: $1824

Traditional Rental Income: $2589

Airbnb ROI: -0.21%