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 74 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
75-6040 ALII DRIVE unit: 705 #705 Kailua Kona, HI Nestled only minutes from the hustle and bustle of Kailua-Kona town, you will find peace a...	2 beds \| 2 baths \| 1,170 sq.ft.	$985,000	Airbnb cash on cash: -1.76% Traditional cash on cash: -1.27% Airbnb Rental Income: $3221 Traditional Rental Income: $2948 Airbnb ROI: -1.76% Traditional ROI: -1.27%
75-6040 ALII DR unit: 108 #108 Kailua Kona, HI Here is a rare opportunity to own one of the largest, rarely available, fully furnished re...	3 beds \| 3 baths \| 2,546 sq.ft.	$2,399,000	Airbnb cash on cash: -2.17% Traditional cash on cash: -1.37% Airbnb Rental Income: $4543 Traditional Rental Income: $5377 Airbnb ROI: -2.17% Traditional ROI: -1.37%
78-6842 ALII DR unit: 1201 #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.	$899,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 0.5% Airbnb Rental Income: $3221 Traditional Rental Income: $3786 Airbnb ROI: -1.04% Traditional ROI: 0.5%
75-6060 Kuakini Hwy #G2 Kailua Kona, HI Welcome to your slice of paradise â an ocean view retreat! Nestled in a low-density, gat...	2 beds \| 2 baths \| 981 sq.ft.	$598,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 2.77% Airbnb Rental Income: $3221 Traditional Rental Income: $2953 Airbnb ROI: 1.95% Traditional ROI: 2.77%
75-5865 WALUA RD unit: E631 #E631 Kailua Kona, HI Discover the charm of Kona Pacific, where convenience meets tranquility! Just a short stro...	1 beds \| 2 baths \| 829 sq.ft.	$655,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 0.78% Airbnb Rental Income: $2343 Traditional Rental Income: $2462 Airbnb ROI: -0.37% Traditional ROI: 0.78%
75-5919 Alii Drive #EE4 Kailua Kona, HI Experience elevated island living at Alii Coveâone of Konaâs most desirable gated comm...	3 beds \| 3 baths \| 1,815 sq.ft.	$1,075,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 2.56% Airbnb Rental Income: $4543 Traditional Rental Income: $4752 Airbnb ROI: 1.41% Traditional ROI: 2.56%
75-5888 Alii Dr #A4 Kailua Kona, HI Live your oceanfront dream in this ground-floor condo at Kona Reefâs A Building, where t...	1 beds \| 1 baths \| 611 sq.ft.	$795,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 0.85% Airbnb Rental Income: $2343 Traditional Rental Income: $1986 Airbnb ROI: 0.55% Traditional ROI: 0.85%
75-6040 Alii Dr #714 Kailua Kona, HI Unit #714 at Royal Sea-Cliff Club is a top-floor, two-bedroom, two-bathroom condo offering...	2 beds \| 2 baths \| 1,170 sq.ft.	$799,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 1.89% Airbnb Rental Income: $3221 Traditional Rental Income: $2909 Airbnb ROI: 1.34% Traditional ROI: 1.89%
78-7030 ALII DR unit: 405 #405 Kailua Kona, HI Seller is motivated!! Ocean View 2 Bed, 2 Bath Condo located in Keauhou Escape to a peacef...	2 beds \| 2 baths \| 932 sq.ft.	$626,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 0.92% Airbnb Rental Income: $3221 Traditional Rental Income: $2642 Airbnb ROI: 0.67% Traditional ROI: 0.92%
75-5681 KUAKINI HWY unit: 305 #305 Kailua Kona, HI Discover modern island living in this beautifully upgraded top-floor one-bedroom, one-bath...	1 beds \| 1 baths \| 753 sq.ft.	$515,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 0.63% Airbnb Rental Income: $2343 Traditional Rental Income: $2212 Airbnb ROI: -0.3% Traditional ROI: 0.63%
75-5855 Walua Rd APT 20 Kailua Kona, HI	1 beds \| 1 baths \| 800 sq.ft.	$399,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 0.85% Airbnb Rental Income: $2343 Traditional Rental Income: $1528 Airbnb ROI: 1.48% 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: 1.2% Traditional cash on cash: 0.42% Airbnb Rental Income: $3221 Traditional Rental Income: $2004 Airbnb ROI: 1.2% Traditional ROI: 0.42%
75-5748 ALAHOU ST unit: 1B #1B Kailua Kona, HI 2-bed, 1-bath in the heart of Kona with Central A/C. Pet Friendly. Two Parking Spots!!!! L...	2 beds \| 1 baths \| 663 sq.ft.	$350,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 2.44% Airbnb Rental Income: $3221 Traditional Rental Income: $2176 Airbnb ROI: 3.41% Traditional ROI: 2.44%
75-6009 ALII DR unit: K22 #K22 Kailua Kona, HI Incredible Ocean Views! This furnished Kona Sea Ridge condo offers resort style living wit...	2 beds \| 2 baths \| 906 sq.ft.	$650,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 0.75% Airbnb Rental Income: $3221 Traditional Rental Income: $2033 Airbnb ROI: 1.51% Traditional ROI: 0.75%
75-6124 ALII DR unit: 208 #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: -0.68% Traditional cash on cash: 0.27% Airbnb Rental Income: $2343 Traditional Rental Income: $2296 Airbnb ROI: -0.68% Traditional ROI: 0.27%
78-216 MAKOLEA ST unit: 32 #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.	$455,000	Airbnb cash on cash: 0.34% Traditional cash on cash: -0.22% Airbnb Rental Income: $2343 Traditional Rental Income: $1523 Airbnb ROI: 0.34% Traditional ROI: -0.22%
75-6016 ALII DR unit: 212 #212 Kailua Kona, HI This is a leasehold property. Discover condo #212 at Alii Villas in Kailua Kona, a cozy 1 ...	1 beds \| 1 baths \| 615 sq.ft.	$75,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 7.32% Airbnb Rental Income: $2343 Traditional Rental Income: $2037 Airbnb ROI: 3.63% Traditional ROI: 7.32%
77-6585 SEAVIEW CIRCLE unit: 104 #104 Kailua Kona, HI Pristine and Move-in Ready 2-bedroom 2-bath condo with vast ocean views. With over 1,000 s...	2 beds \| 2 baths \| 1,050 sq.ft.	$499,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 1.04% Airbnb Rental Income: $3221 Traditional Rental Income: $2142 Airbnb ROI: 1.8% Traditional ROI: 1.04%
74-5618 PALANI RD unit: K4 #K4 Kailua Kona, HI This is a leasehold property. Prime location! Kona Kai condominiums is in walking distance...	1 beds \| 1 baths \| 535 sq.ft.	$110,000	Airbnb cash on cash: 5.91% Traditional cash on cash: 8.2% Airbnb Rental Income: $2343 Traditional Rental Income: $2008 Airbnb ROI: 5.91% Traditional ROI: 8.2%
75-6016 ALII DR unit: 225 #225 Kailua Kona, HI Fully renovated ocean view condo is turn key STVR and offering $3000 in seller concessions...	1 beds \| 1 baths \| 635 sq.ft.	$579,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.11% Airbnb Rental Income: $2343 Traditional Rental Income: $2289 Airbnb ROI: 0.14% Traditional ROI: 1.11%
75-6016 ALII DR unit: 113 #113 Kailua Kona, HI Location, location, location! This Alii Villas is completely renovated, furnished and move...	1 beds \| 1 baths \| 647 sq.ft.	$419,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 1.72% Airbnb Rental Income: $2343 Traditional Rental Income: $2200 Airbnb ROI: 0.61% Traditional ROI: 1.72%
78-6920 ALII DR unit: 219 #219 Kailua Kona, HI Nestled only minutes from the hustle and bustle of Kailua-Kona town, you will find peace a...	2 beds \| 2 baths \| 1,000 sq.ft.	$819,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 0.12% Airbnb Rental Income: $3221 Traditional Rental Income: $2897 Airbnb ROI: -0.4% Traditional ROI: 0.12%
75-6081 ALII DR unit: Q104 #Q104 Kailua Kona, HI Alii Lani is a sought-after condominium complex situated along the scenic Alii Drive in Ka...	3 beds \| 2 baths \| 917 sq.ft.	$569,500	Airbnb cash on cash: 3.55% Traditional cash on cash: 2.16% Airbnb Rental Income: $4543 Traditional Rental Income: $2858 Airbnb ROI: 3.55% Traditional ROI: 2.16%
78-6833 ALII DR unit: N6 #N6 Kailua Kona, HI Experience elegant island living in this spacious 3-bedroom, 3-bath townhome located at th...	3 beds \| 3 baths \| 1,704 sq.ft.	$1,099,900	Airbnb cash on cash: -0.31% Traditional cash on cash: -0.24% Airbnb Rental Income: $4543 Traditional Rental Income: $3673 Airbnb ROI: -0.31% Traditional ROI: -0.24%
78-6980 KALUNA ST unit: 155 #155 Kailua Kona, HI * * Luxury condominium living at it's finest!! Rarely available spacious single level 3 be...	3 beds \| 2 baths \| 1,873 sq.ft.	$1,400,000	Airbnb cash on cash: -0.65% Traditional cash on cash: -0.39% Airbnb Rental Income: $4543 Traditional Rental Income: $3936 Airbnb ROI: -0.65% Traditional ROI: -0.39%
78-7190 HOLUA AT MAUNA LOA unit: 55 #55 Kailua Kona, HI This is a leasehold property. Rare 3 bedroom 2.5 bath leasehold in the beautiful Mauna Loa...	3 beds \| 3 baths \| 1,504 sq.ft.	$575,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 0.23% Airbnb Rental Income: $4543 Traditional Rental Income: $3411 Airbnb ROI: 0.58% Traditional ROI: 0.23%
75-6016 ALII DR unit: 236 #236 Kailua Kona, HI STVR permit in hand! Great 2 bedroom 2 bath second floor oceanfront unit that could work f...	2 beds \| 2 baths \| 761 sq.ft.	$884,900	Airbnb cash on cash: -0.34% Traditional cash on cash: -0.29% Airbnb Rental Income: $3221 Traditional Rental Income: $2533 Airbnb ROI: -0.34% Traditional ROI: -0.29%
73-1101 NUUANU PL unit: D204 #D204 Kailua Kona, HI Desirable Seascape Condominium unit. Experience island living with a spacious 1,010 sq fee...	2 beds \| 2 baths \| 1,010 sq.ft.	$475,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 3.21% Airbnb Rental Income: $3221 Traditional Rental Income: $3120 Airbnb ROI: 1.81% Traditional ROI: 3.21%
78-6842 ALII DR unit: 11102 #11102 Kailua Kona, HI PARADISE FOUND! FABULOUS 1,100sf, MASSIVELY REMODELED, short-term vacation rental certifie...	1 beds \| 1 baths \| 1,101 sq.ft.	$745,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 0.27% Airbnb Rental Income: $2343 Traditional Rental Income: $2752 Airbnb ROI: -1.15% Traditional ROI: 0.27%
75-5669 KUAKINI HIGHWAY unit: 2103 #2103 Kailua Kona, HI Conveniently located in heart of Kailua Village, this charming 1 bedroom, 1 bath condo has...	1 beds \| 1 baths \| 665 sq.ft.	$470,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 2.05% Airbnb Rental Income: $2343 Traditional Rental Income: $2055 Airbnb ROI: 1.39% Traditional ROI: 2.05%
75-6060 KUAKINI HWY unit: H23 #H23 Kailua Kona, HI A beautiful unit located in the Kona Sea Villas with Year Round Sunsets. A very welcoming ...	2 beds \| 2 baths \| 1,182 sq.ft.	$617,716	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.71% Airbnb Rental Income: $3221 Traditional Rental Income: $3152 Airbnb ROI: 0.57% Traditional ROI: 1.71%
75-6081 ALII DR unit: B204 #B204 Kailua Kona, HI Welcome to Alii Lani B204, with an open living area, high ceilings, with ocean views overl...	2 beds \| 2 baths \| 775 sq.ft.	$519,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.15% Airbnb Rental Income: $3221 Traditional Rental Income: $2550 Airbnb ROI: 1.04% Traditional ROI: 1.15%
75-5865 WALUA RD unit: D624 #D624 Kailua Kona, HI Newly remodeled luxury-designed condo in the heart of Kailua Kona! Spectacular downtown lo...	2 beds \| 3 baths \| 1,194 sq.ft.	$978,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 0.14% Airbnb Rental Income: $3221 Traditional Rental Income: $2949 Airbnb ROI: -0.35% Traditional ROI: 0.14%
78-261 MANUKAI ST unit: 2204 #2204 Kailua Kona, HI SPECTACULAR OCEANFRONT 3 BEDROOM, 3 BATH, SURF & SUNSET VIEWS 1746 square feet with open b...	3 beds \| 3 baths \| 1,746 sq.ft.	$1,849,000	Airbnb cash on cash: -0.87% Traditional cash on cash: -0.45% Airbnb Rental Income: $4543 Traditional Rental Income: $4321 Airbnb ROI: -0.87% Traditional ROI: -0.45%
75-5719 ALII DR unit: 220 #220 Kailua Kona, HI Located in the heart of Kailua Kona within walking distance to restaurants and shops. This...	1 beds \| 1 baths \| 623 sq.ft.	$389,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -0.21% Airbnb Rental Income: $2343 Traditional Rental Income: $2036 Airbnb ROI: -0.96% Traditional ROI: -0.21%
75-5669 KUAKINI HIGHWAY unit: 4302 #4302 Kailua Kona, HI Top Floor Condo with Ocean Views in Kailua Bay Resort - Active Vacation Rental with over $...	2 beds \| 2 baths \| 943 sq.ft.	$675,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 0.85% Airbnb Rental Income: $3221 Traditional Rental Income: $2698 Airbnb ROI: 0.53% Traditional ROI: 0.85%
75-5719 ALII DR unit: 222 #222 Kailua Kona, HI Location! Location! Location! Nestled in the heart of Kailua-Kona, this fully furnished 1-...	1 beds \| 1 baths \| 623 sq.ft.	$395,000	Airbnb cash on cash: -1.45% Traditional cash on cash: -0.95% Airbnb Rental Income: $2343 Traditional Rental Income: $1948 Airbnb ROI: -1.45% Traditional ROI: -0.95%
78-7190 Kaleiopapa Road #55 Kailua Kona, HI Rare 3 bedroom 2.5 bath leasehold in the beautiful Mauna Loa Village resort. 300$ to 600...	3 beds \| 3 baths \| 1,504 sq.ft.	$575,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 4.55% Airbnb Rental Income: $4543 Traditional Rental Income: $3712 Airbnb ROI: 4.34% Traditional ROI: 4.55%
75-6081 ALII DR unit: D104 #D104 Kailua Kona, HI Welcome to Your New Home in Alii Lani! This peaceful 3-bedroom ground floor unit is ready ...	3 beds \| 2 baths \| 917 sq.ft.	$579,000	Airbnb cash on cash: 3.21% Traditional cash on cash: 1.88% Airbnb Rental Income: $4543 Traditional Rental Income: $2878 Airbnb ROI: 3.21% Traditional ROI: 1.88%
74-5618 PALANI RD unit: D5 #D5 Kailua Kona, HI This is a leasehold property. Many units in this complex are successful vacation rentals. ...	1 beds \| 1 baths \| 535 sq.ft.	$174,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 4.65% Airbnb Rental Income: $2343 Traditional Rental Income: $1960 Airbnb ROI: 3.47% Traditional ROI: 4.65%

Your search for investment property begins and ends here

Condos for Sale in Kailua Kona, HI

75-6040 ALII DRIVE unit: 705 #705

Kailua Kona, HI

2 beds | 2 baths | 1,170 sq.ft.

$985,000

Airbnb cash on cash: -1.76%

Traditional cash on cash: -1.27%

Airbnb Rental Income: $3221

Traditional Rental Income: $2948

Airbnb ROI: -1.76%

Traditional ROI: -1.27%

75-6040 ALII DR unit: 108 #108

Kailua Kona, HI

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

$2,399,000

Airbnb cash on cash: -2.17%

Traditional cash on cash: -1.37%

Airbnb Rental Income: $4543

Traditional Rental Income: $5377

Airbnb ROI: -2.17%

Traditional ROI: -1.37%

78-6842 ALII DR unit: 1201 #1201

Kailua Kona, HI

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

$899,000

Airbnb cash on cash: -1.04%

Traditional cash on cash: 0.5%

Airbnb Rental Income: $3221

Traditional Rental Income: $3786

Airbnb ROI: -1.04%

Traditional ROI: 0.5%

75-6060 Kuakini Hwy #G2

Kailua Kona, HI

2 beds | 2 baths | 981 sq.ft.

$598,000

Airbnb cash on cash: 1.95%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $3221

Traditional Rental Income: $2953

Airbnb ROI: 1.95%

Traditional ROI: 2.77%

75-5865 WALUA RD unit: E631 #E631

Kailua Kona, HI

1 beds | 2 baths | 829 sq.ft.

$655,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $2343

Traditional Rental Income: $2462

Airbnb ROI: -0.37%

Traditional ROI: 0.78%

75-5919 Alii Drive #EE4

Kailua Kona, HI

3 beds | 3 baths | 1,815 sq.ft.

$1,075,000

Airbnb cash on cash: 1.41%

Traditional cash on cash: 2.56%

Airbnb Rental Income: $4543

Traditional Rental Income: $4752

Airbnb ROI: 1.41%

Traditional ROI: 2.56%

75-5888 Alii Dr #A4

Kailua Kona, HI

1 beds | 1 baths | 611 sq.ft.

$795,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $2343

Traditional Rental Income: $1986

Airbnb ROI: 0.55%

Traditional ROI: 0.85%

75-6040 Alii Dr #714

Kailua Kona, HI

2 beds | 2 baths | 1,170 sq.ft.

$799,000

Airbnb cash on cash: 1.34%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $3221

Traditional Rental Income: $2909

Airbnb ROI: 1.34%