Multifamily

Captain Cook, HI Multifamily Properties for Sale

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Ocean View, HI Kealakekua, HI Naalehu, HI Holualoa, HI Kailua Kona, HI Pahala, HI
Tropical Farm Estate
Updated: Sep 12, 2025
Tropical Farm Estate

87-2500 Luana Pl, Captain Cook, HI 96704

$1,499,000
3,034 sqft
5‑acre farm property in South Kona with ocean and forest views
Three structures built in 2004, plus a nonpermitted one‑bedroom cottage
Mature fruit trees, Kona coffee, palms, and tropical foliage
Main residence includes open‑beam ceilings, maple floors, fireplace, and covered lanai
Second structure offers a suite, upstairs loft, and private lanai
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Captain Cook, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triplex with Additional Rental Space
Triplex with Additional Rental Space

75-190 ALAKAI ST, Kailua Kona, HI 96740

$950,000
2,170 sqft 0.18 AC lot

Triplex-style income property with zoning RD-3.75, vinyl/tile flooring, electricity available, and extra currently-rented space

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Single-Level Duplex with Ocean Views
Single-Level Duplex with Ocean Views

62-3600 AMAUI PLACE, Kamuela, HI 96743

$4,200,000
2,517 sqft

Island residence with indoor-outdoor living, private pool and spa, solar power, and resort-community setting.

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4-Unit Quadplex with Ocean Views
4-Unit Quadplex with Ocean Views

77-6573 Sea View Circle, Kailua Kona, HI 96740

$1,300,000
3,344 sqft

Four separately metered units offer assigned parking, shared laundry, and additional storage for each residence.

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Renovated Multifamily Property
Renovated Multifamily Property

65-1397 KAWAIHAE RD, Kamuela, HI 96743

Contact for pricing

Four separate living areas include kitchens, bathrooms, and covered lanais, with updated finishes throughout.

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Captain Cook, HI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Captain Cook, HI on our real estate platform. These investment opportunities span a total of 3,034 square feet of properties for sale, with an estimated market value of $1,499,000.

Sale prices for multifamily properties in Captain Cook, HI average $1,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Short term rental properties 1

Demographics Overview

Population 7,975
Population Growth (5Y) +1.3%
Median Household Income $95,492
College Educated 48.0%

High-Yield Neighborhoods for Investment

Identify Captain Cook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
96704 $1.5M

Taxes & Financing

Tax Rate (average for all types) 0.85%
Property Tax per SF $24.38 per SF
Tax Rate vs County Average 0.13 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hawaii County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Hawaii County

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