Real Estate Investment Properties for Sale in Hawaii

Looking for investment property in Hawaii with high ROI ?

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

Multi Family for Sale in Hawaii

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

Showing 20 Multi Family 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
75-195 ALA ONAONA ST Kailua Kona, HI INVESTMENT OPPORTUNITY - 6% CAP RATE Rare Multi-Building Income Property in the Heart of K...	4 beds \| 4 baths \| 3,467 sq.ft.	$1,300,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 3.74% Airbnb Rental Income: $4404 Traditional Rental Income: $6347 Airbnb ROI: 1.36% Traditional ROI: 3.74%
55-341 Kamehameha Highway Laie, HI *Ideal Laie Location* 4 Bedroom 2 bathroom Laie single family home can also be config...	4 beds \| 2 baths \| 1,280 sq.ft.	$980,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $3248 Airbnb ROI: N/A Traditional ROI: 2.13%
66-924 Kamakahala Street Waialua, HI Charming and versatile property in the heart of Waialua! This fully fenced and gated lot f...	4 beds \| 2 baths \| 1,320 sq.ft.	$999,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 2.6% Airbnb Rental Income: $6028 Traditional Rental Income: $3720 Airbnb ROI: 3.8% Traditional ROI: 2.6%
61-707 Papailoa Road Haleiwa, HI A Seaside Beach House on coveted Papailoa Road, nestled along Oahuâs world-famous North ...	5 beds \| 4 baths \| 3,508 sq.ft.	$5,200,000	Airbnb cash on cash: -0.27% Traditional cash on cash: -0.65% Airbnb Rental Income: $9139 Traditional Rental Income: $5606 Airbnb ROI: -0.27% Traditional ROI: -0.65%
62-3512 KAUNAOA LII PL unit: 10B #10B Kamuela, HI An exceptional home in a rare, private location within easy access to one of the best beac...	4 beds \| 5 baths \| 3,577 sq.ft.	$6,595,000	Airbnb cash on cash: -1.74% Traditional cash on cash: -0.82% Airbnb Rental Income: $2354 Traditional Rental Income: $7378 Airbnb ROI: -1.74% Traditional ROI: -0.82%
55-431 Iosepa Street #D Laie, HI Open House Sunday 10/26, 2-5pm. LOCATION, LOCATION! Be the first to live in this brand-new...	3 beds \| 2 baths \| 1,732 sq.ft.	$995,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.88% Airbnb Rental Income: $null Traditional Rental Income: $3879 Airbnb ROI: N/A Traditional ROI: 2.88%
3115 Kaunaoa Street Honolulu, HI VA ASSUMABLE LOAN WITH LOW 2.75% INTEREST $7,328/MO, $1.621M & 26 YEARS REMAINING ON THE L...	3 beds \| 3 baths \| 1,730 sq.ft.	$1,990,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.24% Airbnb Rental Income: $null Traditional Rental Income: $4259 Airbnb ROI: N/A Traditional ROI: 1.24%
1124 Kilani Avenue #4B Wahiawa, HI Welcome Home to this modern contemporary styled attached home built in 2023. The home feat...	4 beds \| 3 baths \| 1,328 sq.ft.	$809,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $3514 Airbnb ROI: N/A Traditional ROI: 3.27%
99-530 Halawa Hts Road #A Aiea, HI Ocean/Pearl Harbor Views! VA loan assumable @2.5% for approved VA buyers. Aiea is highly d...	5 beds \| 3 baths \| 2,784 sq.ft.	$1,350,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 2.84% Airbnb Rental Income: $4998 Traditional Rental Income: $5287 Airbnb ROI: 1.8% Traditional ROI: 2.84%
15-2950 PAHOA VILLAGE RD Pahoa, HI This is your chance to buy a well maintained commercial building located in the heart of P...	1 beds \| 2 baths \| 1,700 sq.ft.	$310,000	Airbnb cash on cash: -2.83% Traditional cash on cash: 9.4% Airbnb Rental Income: $103 Traditional Rental Income: $3464 Airbnb ROI: -2.83% Traditional ROI: 9.4%
1436 10th Avenue Honolulu, HI Tucked in the heart of Palolo Valley, this beautifully renovated, move-in ready multi-fami...	4 beds \| 2 baths \| 1,324 sq.ft.	$1,275,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 1.63% Airbnb Rental Income: $7186 Traditional Rental Income: $3468 Airbnb ROI: 3.59% Traditional ROI: 1.63%
1607 Makiki Street #B Honolulu, HI GEM of a location in lower Makiki close to everything! UH, Punahou, Manoa, Honolulu, Kaka...	5 beds \| 3 baths \| 1,631 sq.ft.	$1,120,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 2.08% Airbnb Rental Income: $6181 Traditional Rental Income: $3800 Airbnb ROI: 3.19% Traditional ROI: 2.08%
73-4345 ILIMANO PL Kailua Kona, HI This spacious and thoughtfully designed 5-bedroom, 4-bathroom home with an additional den ...	5 beds \| 4 baths \| 2,800 sq.ft.	$1,197,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.89% Airbnb Rental Income: $2991 Traditional Rental Income: $5507 Airbnb ROI: 0.01% Traditional ROI: 2.89%
68-1025 N KANIKU DR unit: 423 #423 Kamuela, HI Welcome to Villages at Mauna Lani #423 3 BD \| 3.5 BA \| Private Pool & Spa \| 13th Fairway F...	3 beds \| 4 baths \| 2,174 sq.ft.	$2,995,000	Airbnb cash on cash: -0.98% Traditional cash on cash: -0.37% Airbnb Rental Income: $3592 Traditional Rental Income: $4512 Airbnb ROI: -0.98% Traditional ROI: -0.37%
87-413 Kulahanai Street Waianae, HI Discover the perfect blend of comfort and island living in this NEWLY RENOVATED spacious 4...	4 beds \| 3 baths \| 1,335 sq.ft.	$740,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.59% Airbnb Rental Income: $null Traditional Rental Income: $3461 Airbnb ROI: N/A Traditional ROI: 3.59%
68-1122 KANIKU DR unit: 226 #226 Kamuela, HI Welcome to the private gated community of Ka Milo at Mauna Lani Resort. This 4 bedroom, 3-...	4 beds \| 4 baths \| 2,489 sq.ft.	$2,550,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.05% Airbnb Rental Income: $null Traditional Rental Income: $5108 Airbnb ROI: N/A Traditional ROI: 0.05%
66-471 Pikai Street Haleiwa, HI Welcome to one of Haleiwaâs hidden gems, a rare beachfront property in the coveted Fresh...	5 beds \| 3 baths \| 2,856 sq.ft.	$2,600,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.2% Airbnb Rental Income: $8263 Traditional Rental Income: $5570 Airbnb ROI: 1.67% Traditional ROI: 1.2%
837 Olowalu Village Rd Lahaina, HI 837 Olowalu Village Rd, Lahaina, HI 96761 \| Multi Family	6 beds \| N/A baths \| 3,848 sq.ft.	$2,650,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.28% Airbnb Rental Income: $3619 Traditional Rental Income: $6370 Airbnb ROI: -0.16% Traditional ROI: 1.28%
1379a Manu Aloha Street #B Kailua, HI Discover modern island living in this spacious multi-generational home, thoughtfully desig...	5 beds \| 3 baths \| 2,612 sq.ft.	$1,775,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $4919 Airbnb ROI: N/A Traditional ROI: 1.64%
59-199 A And B Ke Nui Road Haleiwa, HI Location, location, location! Beautifully renovated legal duplex with deeded beach access ...	4 beds \| 3 baths \| 2,198 sq.ft.	$2,985,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 0.59% Airbnb Rental Income: $4654 Traditional Rental Income: $4944 Airbnb ROI: 0.14% Traditional ROI: 0.59%

Your search for investment property begins and ends here

Multi Family for Sale in Hawaii

75-195 ALA ONAONA ST

Kailua Kona, HI

4 beds | 4 baths | 3,467 sq.ft.

$1,300,000

Airbnb cash on cash: 1.36%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $4404

Traditional Rental Income: $6347

Airbnb ROI: 1.36%

Traditional ROI: 3.74%

55-341 Kamehameha Highway

Laie, HI

4 beds | 2 baths | 1,280 sq.ft.

$980,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.13%

Airbnb Rental Income: $null

Traditional Rental Income: $3248

Airbnb ROI: N/A

Traditional ROI: 2.13%

66-924 Kamakahala Street

Waialua, HI

4 beds | 2 baths | 1,320 sq.ft.

$999,000

Airbnb cash on cash: 3.8%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $6028

Traditional Rental Income: $3720

Airbnb ROI: 3.8%

Traditional ROI: 2.6%

61-707 Papailoa Road

Haleiwa, HI

5 beds | 4 baths | 3,508 sq.ft.

$5,200,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: -0.65%

Airbnb Rental Income: $9139

Traditional Rental Income: $5606

Airbnb ROI: -0.27%

Traditional ROI: -0.65%

62-3512 KAUNAOA LII PL unit: 10B #10B

Kamuela, HI

4 beds | 5 baths | 3,577 sq.ft.

$6,595,000

Airbnb cash on cash: -1.74%

Traditional cash on cash: -0.82%

Airbnb Rental Income: $2354

Traditional Rental Income: $7378

Airbnb ROI: -1.74%

Traditional ROI: -0.82%

55-431 Iosepa Street #D

Laie, HI

3 beds | 2 baths | 1,732 sq.ft.

$995,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.88%

Airbnb Rental Income: $null

Traditional Rental Income: $3879

Airbnb ROI: N/A

Traditional ROI: 2.88%

3115 Kaunaoa Street

Honolulu, HI

3 beds | 3 baths | 1,730 sq.ft.

$1,990,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.24%

Airbnb Rental Income: $null

Traditional Rental Income: $4259

Airbnb ROI: N/A

Traditional ROI: 1.24%

1124 Kilani Avenue #4B

Wahiawa, HI

4 beds | 3 baths | 1,328 sq.ft.

$809,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.27%

Airbnb Rental Income: $null

Traditional Rental Income: $3514

Airbnb ROI: N/A