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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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: -2.17% Traditional cash on cash: 0.59% Airbnb Rental Income: $2456 Traditional Rental Income: $3786 Airbnb ROI: -2.17% 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: -2.65% Traditional cash on cash: -1.38% Airbnb Rental Income: $3445 Traditional Rental Income: $5387 Airbnb ROI: -2.65% Traditional ROI: -1.38%
75-6040 ALII DR #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.	$559,000	Airbnb cash on cash: -3.29% Traditional cash on cash: -1.14% Airbnb Rental Income: $2456 Traditional Rental Income: $2981 Airbnb ROI: -3.29% Traditional ROI: -1.14%
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: -0.73% Traditional cash on cash: 1.11% Airbnb Rental Income: $2456 Traditional Rental Income: $2760 Airbnb ROI: -0.73% Traditional ROI: 1.11%
75-6082 ALII DR #B221 Kailua Kona, HI Casa de Emdeko is a much sought after, low-density, oceanfront community known for its wel...	1 beds \| 1 baths \| 736 sq.ft.	$475,000	Airbnb cash on cash: -2.57% Traditional cash on cash: 0.38% Airbnb Rental Income: $1320 Traditional Rental Income: $2222 Airbnb ROI: -2.57% Traditional ROI: 0.38%
78-7030 ALII DR #306 Kailua Kona, HI Welcome to Keauhou Akahi in beautiful Kailua-Kona, Hawaii. This condo is a second floor un...	2 beds \| 2 baths \| 895 sq.ft.	$595,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.08% Airbnb Rental Income: $2456 Traditional Rental Income: $2577 Airbnb ROI: 0.78% Traditional ROI: 2.08%
75-6025 Alii Dr #E101 Kailua Kona, HI Welcome to Alii Park Place, one of Kailua-Kona's most sought-after condominium communities...	2 beds \| 2 baths \| 1,081 sq.ft.	$699,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 2.75% Airbnb Rental Income: $2456 Traditional Rental Income: $2997 Airbnb ROI: 1.01% Traditional ROI: 2.75%
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: -6.07% Traditional cash on cash: 5.86% Airbnb Rental Income: $1320 Traditional Rental Income: $2071 Airbnb ROI: -6.07% Traditional ROI: 5.86%
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: 0.19% Traditional cash on cash: 1.84% Airbnb Rental Income: $2456 Traditional Rental Income: $2591 Airbnb ROI: 0.19% Traditional ROI: 1.84%
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: -2.17% Traditional cash on cash: -1.05% Airbnb Rental Income: $1320 Traditional Rental Income: $1487 Airbnb ROI: -2.17% Traditional ROI: -1.05%
75-5919 ALII DR #Ee4 Kailua Kona, HI Available Now! Your Kona life is calling - and it comes fully loaded! Drop your bags, hop ...	3 beds \| 3 baths \| 1,815 sq.ft.	$999,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.2% Airbnb Rental Income: $3445 Traditional Rental Income: $4752 Airbnb ROI: -1.03% Traditional ROI: 1.2%
75-5709 KALAWA ST #D2 Kailua Kona, HI STVR ELIGIBLE CONDO! According to the County planning dept. this condo is zoned RM-1 by th...	2 beds \| 2 baths \| 1,058 sq.ft.	$375,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.82% Airbnb Rental Income: $2456 Traditional Rental Income: $2943 Airbnb ROI: 1.74% Traditional ROI: 4.82%
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: -1.13% Traditional cash on cash: 0.87% Airbnb Rental Income: $3445 Traditional Rental Income: $4542 Airbnb ROI: -1.13% Traditional ROI: 0.87%
78-7100 KAMEHAMEHA III RD unit: 202 Kailua Kona, HI Welcome to Keauhou Kai #202, so close to Keauhou Bay you can smell the ocean air! This con...	2 beds \| 2 baths \| 1,244 sq.ft.	$669,500	Airbnb cash on cash: -0.88% Traditional cash on cash: 1.17% Airbnb Rental Income: $2456 Traditional Rental Income: $3141 Airbnb ROI: -0.88% Traditional ROI: 1.17%
78-6920 ALII DR #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: -1.51% Traditional cash on cash: -0.28% Airbnb Rental Income: $2456 Traditional Rental Income: $2776 Airbnb ROI: -1.51% Traditional ROI: -0.28%
75-6016 ALII DR #238 Kailua Kona, HI Alii Villas is located just a short distance from downtown Kailua Kona along the oceanfron...	1 beds \| 1 baths \| 635 sq.ft.	$535,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.55% Airbnb Rental Income: $1320 Traditional Rental Income: $2122 Airbnb ROI: -0.87% Traditional ROI: 1.55%
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: -3.02% Traditional cash on cash: -0.6% Airbnb Rental Income: $1320 Traditional Rental Income: $2553 Airbnb ROI: -3.02% Traditional ROI: -0.6%
78-261 MANUKAI ST #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.	$560,000	Airbnb cash on cash: -3.21% Traditional cash on cash: 0.26% Airbnb Rental Income: $1320 Traditional Rental Income: $2723 Airbnb ROI: -3.21% Traditional ROI: 0.26%
76-6246 ALII DR #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: -1.78% Traditional cash on cash: -0.83% Airbnb Rental Income: $2456 Traditional Rental Income: $2702 Airbnb ROI: -1.78% Traditional ROI: -0.83%
78-261 MANUKAI ST #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: -1.13% Traditional cash on cash: -1.53% Airbnb Rental Income: $3445 Traditional Rental Income: $2233 Airbnb ROI: -1.13% Traditional ROI: -1.53%
78-261 MANUKAI ST #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.	$918,000	Airbnb cash on cash: -2.13% Traditional cash on cash: 0.09% Airbnb Rental Income: $2456 Traditional Rental Income: $3761 Airbnb ROI: -2.13% 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: -0.79% Traditional cash on cash: 0.85% Airbnb Rental Income: $1320 Traditional Rental Income: $1528 Airbnb ROI: -0.79% 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: 0.18% Traditional cash on cash: 0.42% Airbnb Rental Income: $2456 Traditional Rental Income: $2004 Airbnb ROI: 0.18% Traditional ROI: 0.42%
76-134 HEENALU RD #1 Kailua Kona, HI Welcome to a rare opportunity at Alii Banyan in Kailua-Kona! This top-floor, corner 2-bedr...	2 beds \| 1 baths \| 826 sq.ft.	$505,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 1.01% Airbnb Rental Income: $2456 Traditional Rental Income: $1841 Airbnb ROI: 1.05% Traditional ROI: 1.01%
77-6469 ALII DR #202 Kailua Kona, HI Welcome to your slice of paradise at White Sands Village! Ideally located just steps from ...	2 beds \| 2 baths \| 920 sq.ft.	$724,000	Airbnb cash on cash: -1.07% Traditional cash on cash: -0.47% Airbnb Rental Income: $2456 Traditional Rental Income: $2263 Airbnb ROI: -1.07% Traditional ROI: -0.47%
73-1114 NUUANU PL #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.	$475,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 2.02% Airbnb Rental Income: $2456 Traditional Rental Income: $2298 Airbnb ROI: 1.03% Traditional ROI: 2.02%
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: -1.75% Traditional cash on cash: -0.27% Airbnb Rental Income: $1320 Traditional Rental Income: $1523 Airbnb ROI: -1.75% Traditional ROI: -0.27%
75-6026 ALII DR #6102 Kailua Kona, HI This is a leasehold property. Welcome to your dream retreat at Kona Makai! This stunning 1...	1 beds \| 1 baths \| 687 sq.ft.	$399,000	Airbnb cash on cash: -2.43% Traditional cash on cash: -0.86% Airbnb Rental Income: $1320 Traditional Rental Income: $1499 Airbnb ROI: -2.43% Traditional ROI: -0.86%
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.	$415,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 1.45% Airbnb Rental Income: $2456 Traditional Rental Income: $2142 Airbnb ROI: 0.72% Traditional ROI: 1.45%
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: -1.43% Traditional cash on cash: 0.25% Airbnb Rental Income: $2456 Traditional Rental Income: $3936 Airbnb ROI: -1.43% Traditional ROI: 0.25%
76-134 HEENALU ROAD #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.	$425,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.18% Airbnb Rental Income: $2456 Traditional Rental Income: $2655 Airbnb ROI: 0.18% Traditional ROI: 2.18%
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: -2.72% Traditional cash on cash: 0.64% Airbnb Rental Income: $1320 Traditional Rental Income: $2094 Airbnb ROI: -2.72% 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: -0.76% Traditional cash on cash: 1.03% Airbnb Rental Income: $2456 Traditional Rental Income: $2822 Airbnb ROI: -0.76% 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: -1.48% Traditional cash on cash: -0.04% Airbnb Rental Income: $2456 Traditional Rental Income: $2897 Airbnb ROI: -1.48% Traditional ROI: -0.04%
78-6833 ALII DR #N6 Kailua Kona, HI Discover the perfect blend of elegance and island living in this stunning 3-bedroom, 3-bat...	3 beds \| 3 baths \| 1,704 sq.ft.	$1,099,000	Airbnb cash on cash: -1.01% Traditional cash on cash: -0.04% Airbnb Rental Income: $3445 Traditional Rental Income: $3673 Airbnb ROI: -1.01% Traditional ROI: -0.04%
78-6842 ALII DR #11102 Kailua Kona, HI PARADISE FOUND! FABULOUS 1,100sf, MASSIVELY REMODELED, short-term vacation rental certifie...	1 beds \| 1 baths \| 1,101 sq.ft.	$699,000	Airbnb cash on cash: -2.47% Traditional cash on cash: 0.35% Airbnb Rental Income: $1320 Traditional Rental Income: $2752 Airbnb ROI: -2.47% Traditional ROI: 0.35%
78-6920 ALII DR #302 Kailua Kona, HI If you are looking for morning, sunset and all day views of the Pacific Ocean, this condo ...	2 beds \| 3 baths \| 1,161 sq.ft.	$915,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -0.35% Airbnb Rental Income: $2456 Traditional Rental Income: $2968 Airbnb ROI: -1.66% Traditional ROI: -0.35%

Your search for investment property begins and ends here

Condos for Sale in Kailua Kona, HI

78-6842 ALII DR unit: 1201

Kailua Kona, HI

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

$750,000

Airbnb cash on cash: -2.17%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $2456

Traditional Rental Income: $3786

Airbnb ROI: -2.17%

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: -2.65%

Traditional cash on cash: -1.38%

Airbnb Rental Income: $3445

Traditional Rental Income: $5387

Airbnb ROI: -2.65%

Traditional ROI: -1.38%

75-6040 ALII DR #504

Kailua Kona, HI

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

$559,000

Airbnb cash on cash: -3.29%

Traditional cash on cash: -1.14%

Airbnb Rental Income: $2456

Traditional Rental Income: $2981

Airbnb ROI: -3.29%

Traditional ROI: -1.14%

78-7030 ALII DR unit: 301

Kailua Kona, HI

2 beds | 2 baths | 932 sq.ft.

$525,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $2456

Traditional Rental Income: $2760

Airbnb ROI: -0.73%

Traditional ROI: 1.11%

75-6082 ALII DR #B221

Kailua Kona, HI

1 beds | 1 baths | 736 sq.ft.

$475,000

Airbnb cash on cash: -2.57%

Traditional cash on cash: 0.38%

Airbnb Rental Income: $1320

Traditional Rental Income: $2222

Airbnb ROI: -2.57%

Traditional ROI: 0.38%

78-7030 ALII DR #306

Kailua Kona, HI

2 beds | 2 baths | 895 sq.ft.

$595,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 2.08%

Airbnb Rental Income: $2456

Traditional Rental Income: $2577

Airbnb ROI: 0.78%

Traditional ROI: 2.08%

75-6025 Alii Dr #E101

Kailua Kona, HI

2 beds | 2 baths | 1,081 sq.ft.

$699,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $2456

Traditional Rental Income: $2997

Airbnb ROI: 1.01%

Traditional ROI: 2.75%

75-6016 ALII DR unit: 118

Kailua Kona, HI

1 beds | 1 baths | 615 sq.ft.

$100,000

Airbnb cash on cash: -6.07%

Traditional cash on cash: 5.86%

Airbnb Rental Income: $1320

Traditional Rental Income: $2071

Airbnb ROI: -6.07%