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    Kailua Kona, HI Multifamily Properties for Sale

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    Updated Multi-Family Income Property
    $1,675,000

    Updated Multi-Family Income Property

    73-1153 Ahikawa St, Kailua Kona, HI 96740

    Two updated homes on one lot with ocean views.

    • Two updated homes on one lot, ideal for multi‑family living or income property.
    • Panoramic ocean and sunset views from an ideal elevation in a quiet neighborhood.
    • Convenient access to Kailua‑Kona town and the Kohala Gold Coast, with restaurants, shopping, and beaches.
    • Each home includes upper‑level main living areas and lower‑level guest quarters with private entrances.
    • North home features open‑beam ceilings, two‑bedroom suites with walk‑in closets and private lanais.
    Updated: Dec 18, 2025
    View details
    Alii Drive Multi-Unit Rental
    $3,888,888
    5,520 SF

    Alii Drive Multi-Unit Rental

    76-6271 Alii Dr, Kailua Kona, HI 96740

    Multi-unit residential rental property on Alii Drive in Kailua-Kona.

    • Rare multi‑unit rental property on Alii Drive in Kona.
    • Eight 2‑bedroom, 1‑bath units.
    • High occupancy with rents approximately $2,300-$2,500 per month.
    • Located across from Banyan's Surf break.
    • New ocean access being created across the street.
    Updated: Jan 4
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    Kailua-Kona Multi-Family Income Property
    $1,675,000
    3,930 SF

    Kailua-Kona Multi-Family Income Property

    Two updated homes on one lot with ocean and sunset views.

    73-1153 Ahikawa St, Kailua Kona, HI 96740
    View details
    Kailua-Kona Home with Ocean Views
    $1,700,000
    3,472 SF

    Kailua-Kona Home with Ocean Views

    Custom home with ocean views, apartment, and separate permitted Ohana.

    77-6451 Marlin Rd, Kailua Kona, HI 96740
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 4 Active listings in Kailua Kona, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

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

    Hilo Apartment Building Opportunity
    $3,950,000
    0.50 Acres

    Hilo Apartment Building Opportunity

    22-unit apartment building near downtown Hilo amenities.

    307 Lehua St, Hilo, HI 96720
    View details
    Hilo Multifamily Investment Opportunity
    $535,000
    3,900 SF

    Hilo Multifamily Investment Opportunity

    High-income potential property in downtown Hilo with flexible layout.

    82-D Hoku St, Hilo, HI 96720
    View details
    Income Property with Subdivision Potential
    $522,000

    Income Property with Subdivision Potential

    Three rental units on one acre near Pahoa, Hawaii.

    14-3276 Pualaa Rd, Pahoa, HI 96778
    View details
    Income Property with Subdivision Potential
    $522,000
    1,544 SF

    Income Property with Subdivision Potential

    Three rental units on one acre with subdivision potential.

    14-3276 Pualaa Rd, Pahoa, HI 96778
    View details

    Explore Off-Market Properties in Kailua Kona, HI

    Consider similar Off-Market properties in Kailua Kona, HI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    72-300 Maheawalu Dr

    72-300 Maheawalu Dr

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,479 SF
    Value Estimation
    $670,000
    72-300 Maheawalu Dr, Kailua Kona, HI 96740
    View details
    75-5766 Alahou St

    75-5766 Alahou St

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,808 SF
    Value Estimation
    $1,370,000
    75-5766 Alahou St, Kailua Kona, HI 96740-1870
    View details
    75-5782 Kuakini Hwy, Unit 1

    75-5782 Kuakini Hwy, Unit 1

    APARTMENT HOUSE (UNDER 5 UNITS) • 820 SF
    Value Estimation
    $225,000
    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746
    View details
    75-5782 Kuakini Hwy, Unit 2

    75-5782 Kuakini Hwy, Unit 2

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,550 SF
    Value Estimation
    $200,000
    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746
    View details
    75-5782 Kuakini Hwy, Unit 4

    75-5782 Kuakini Hwy, Unit 4

    APARTMENT HOUSE (UNDER 5 UNITS) • 150 SF
    Value Estimation
    $230,000
    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746
    View details
    75-5782 Kuakini Hwy, Unit 3

    75-5782 Kuakini Hwy, Unit 3

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,764 SF
    Value Estimation
    $235,000
    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746
    View details
    78-6649 Alii Dr

    78-6649 Alii Dr

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,400 SF
    Value Estimation
    $310,000
    78-6649 Alii Dr, Kailua Kona, HI 96740-4471
    View details
    75-154 Lunapule Rd

    75-154 Lunapule Rd

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,760 SF
    Value Estimation
    $210,000
    75-154 Lunapule Rd, Kailua Kona, HI 96740-2106
    View details
    75-5776 Kuakini Hwy, Unit 114B

    75-5776 Kuakini Hwy, Unit 114B

    APARTMENT HOUSE (UNDER 5 UNITS) • 439 SF
    Value Estimation
    $240,000
    75-5776 Kuakini Hwy, Kailua Kona, HI 96740-1760
    View details
    75-5776 Kuakini Hwy, Unit 104A

    75-5776 Kuakini Hwy, Unit 104A

    APARTMENT HOUSE (UNDER 5 UNITS) • 810 SF
    Value Estimation
    $250,000
    75-5776 Kuakini Hwy, Kailua Kona, HI 96740-1768
    View details
    Kona Islander I 105c

    Kona Islander I 105c

    APARTMENT HOUSE (UNDER 5 UNITS) • 126 SF
    Value Estimation
    $230,000
    Kona Islander I 105c, Kailua Kona, HI 96740
    View details

    Kailua Kona, HI Multifamily Properties Investment Opportunities Market Analysis

    Explore 15 multifamily properties for sale in Kailua Kona, HI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 53,530 square feet of properties for sale, with an estimated market value of $8,623,888.

    Prices for multifamily properties in Kailua Kona, HI start at $1,360,000, averaging $2,155,972, and reaching up to $3,888,888 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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