Status: Active
MLS Number: 202617450
List Price: $1,200,000Units: 3
0/1/2/3 Bed: 1/1/0/1
Fee:
Region: Metro
Neighborhood: Punchbowl Area
List Date: 09-12-2026
Land: 2,378
Year Built: 1963
Listing courtesy of Tsujimura & Associates, LLC
Description: PRIME TOWN LOCATION + INCOME OPPORTUNITY! Well-maintained and versatile legal 2-unit property in a convenient Honolulu location, offering an excellent opportunity for an owner-occupant or investor. Live in one unit while renting the other or take advantage of the property’s income-producing potential. The upstairs 3-bedroom/2-bath unit features a spacious 120-sq-ft rear lanai, while the downstairs 1-bedroom/1-bath unit offers additional flexibility. The property also includes a separate rec room with wet bar and bath rented separately. Three separate electrical meters, two water meters, washer/dryer setups, window AC, and a 2-car carport add convenience and functionality. Enjoy a private side yard with mature fruit-bearing mountain apple, avocado, and lime trees. Conveniently located near Downtown Honolulu, Waikiki, UH, shopping, restaurants, freeway access, hospitals, and Honolulu International Airport. A unique opportunity to own a flexible, income-producing property with valuable outdoor space in town.
Status: Active
MLS Number: 202607167
List Price: $1,549,000Price changed from $1,599,000
Units: 5
0/1/2/3 Bed: 3/1/0/1
Fee:
Region: Metro
Neighborhood: Punchbowl Area
List Date: 04-08-2026
Land: 4,656
Year Built: 1956
Listing courtesy of Coldwell Banker Island Prop
Description: Multi-Unit Investment Opportunity in Prime Punchbowl Location with beautiful ocean, sunset, mountain, and city views from the balcony! A rare find in the Punchbowl area! This versatile property features two separate structures with a total of five units, offering an incredible investment opportunity. With four units currently generating $5,650 in monthly rental income, potentially $9650 with 5th rental unit for even more revenue! The property includes a carport for three vehicles, copper piping in the main unit, and a highly desirable location with proximity to UH Manoa, HPU, community colleges, hospitals, downtown, and major conveniences. Investor-friendly and tenant-occupied—please allow 48-hour notice for showings. Do not disturb tenants. Don’t miss this chance to own a fantastic income-producing property in a prime Honolulu location!
Status: Active
MLS Number: 202619361
List Price: $2,400,000Units: 12
0/1/2/3 Bed: 0/12/0/0
Fee:
Region: Metro
Neighborhood: Punchbowl Area
List Date: 10-14-2026
Land: 6,840
Year Built: 1957
Listing courtesy of CBI Residential Advisory Svcs.
Description: OUTSTANDING VALUE AT JUST $200,000 PER UNIT! 5.4% CAP!!! Excellent opportunity to acquire a fee simple, 12-unit multifamily investment property in the desirable Punchbowl neighborhood! Featuring three separate fourplex buildings, each with four 1-bedroom, 1-bath units, on a 6,840 sq. ft. parcel. All 12 units are currently rented, providing an established income stream. Additional features include 4 parking stalls, separately metered electricity paid by tenants, coin-operated laundry facilities, and on-site storage for select units. Conveniently located near Downtown Honolulu, major employment centers, shopping, dining, and public transportation. An attractive investment opportunity at a compelling price per unit!
Status: Active
MLS Number: 202615380
List Price: $2,680,000Units: 5
0/1/2/3 Bed: 1/1/1/2
Fee:
Region: Metro
Neighborhood: Punchbowl Area
List Date: 08-10-2026
Land: 4,964
Year Built: 1950
Listing courtesy of Excel Commercial Realty LLC
Description: 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.
Ideally located just minutes from Downtown Honolulu, Queen’s Medical Center, Kaka'ako, Ala Moana, the University of Hawai'i at Manoa, Roosevelt High School, and Punahou School, the property offers convenient access to major employment centers, shopping, dining, healthcare, and education. This is a rare opportunity for investors seeking a stable, income-producing asset in one of Honolulu’s most centrally located neighborhoods.
Status: Active
MLS Number: 202613865
List Price: $2,700,000Units: 3
0/1/2/3 Bed: 0/0/2/1
Fee:
Region: Metro
Neighborhood: Punchbowl Area
List Date: 07-17-2026
Land: 12,992
Year Built: 1959
Listing courtesy of Realty 2000, Inc.
Description: Located in Makiki this property features 2 building with 3 total units. Unique income earning potential on a spacious lot. Bill 7 opportunity? Buyer to do their own due diligence. This property is being sold as is.
