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    Kailua Kona, HI
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    Kailua Kona, HI Multifamily Properties for Sale

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    Holualoa, HI Kealakekua, HI Ocean View, HI Captain Cook, HI Waikoloa, HI Kamuela, HI
    Triplex with Additional Rental Space
    Updated: Jun 29
    Triplex with Additional Rental Space

    75-190 ALAKAI ST, Kailua Kona, HI 96740

    $950,000
    2,170 sqft 0.18 AC lot
    2‑bedroom/1‑bath upper front unit plus 1‑bedroom/1‑bath upper rear and lower 1‑bedroom/1‑bath units
    Separate room currently rented, plus five storage rooms and an additional bathroom
    Zoned RD‑3.75
    0.1768‑acre lot
    Built in 1970
    View details
    Two-Home Multifamily Property
    Updated: Dec 11, 2025
    Two-Home Multifamily Property

    Kailua Kona, HI 96740

    $1,675,000
    3,930 sqft 0.42 AC lot
    Two updated homes on a 0.416‑acre lot
    3,930 square feet with 8 bedrooms and 6 bathrooms
    Separate guest quarters with private entrances in both residences
    South home includes a two‑car carport and new roof
    Ocean and sunset views above the airport in Kailua‑Kona
    View details
    Updated Multifamily Property
    Updated Multifamily Property

    73-1153 Ahikawa Street A & B, Kailua Kona, HI 96740

    $1,675,000
    3,930 sqft

    Two homes offer separate living areas, guest quarters, private entrances, and panoramic ocean and sunset views.

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    See what stands out in Hawaii County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    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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    12-Unit Apartment Building
    12-Unit Apartment Building

    Kailua Kona, HI 96740

    Contact for pricing

    Renovated interiors, private entry, storage units, and open-air lanais support a distinctive multifamily offering in Kailua-Kona.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 5 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

    Opportunities in Nearby Cities

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

    Updated Duplex With Hardwood Floors
    Updated Duplex With Hardwood Floors

    557 KUPULAU RD, Hilo, HI 96720

    $850,000
    1,656 sqft 0.30 AC lot

    Two separate homes support owner occupancy, multigenerational living, or rental use on an A-1A-zoned parcel.

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    Multifamily Property with Rental Income
    Multifamily Property with Rental Income

    17-7652 KULANI RD, Mountain View, HI 96771

    $469,500
    1,352 sqft 0.18 AC lot

    Five-bedroom, four-bath residence on a landscaped residential lot with public water service and established rental use.

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    Remodeled Quadplex with Ocean Views
    Remodeled Quadplex with Ocean Views

    2107 KAIWIKI RD, Hilo, HI 96720

    $1,300,000

    Four-unit property with lanai access, shared laundry, and varied residential layouts.

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    Mountain View Ranch with Ocean Views
    Mountain View Ranch with Ocean Views

    17-7860 Kulani Rd, Mountain View, HI 96771

    $998,000
    1,968 sqft 25.00 AC lot

    Charming ranch with ocean views, pastures, and income potential.

    View details

    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.

    78-6649 Alii Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    78-6649 Alii Dr, Kailua Kona, HI 96740-4471

    $925,000
    Estimated value
    2,400 sqft 0.10 AC lot
    View details
    75-5766 Alahou St
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5766 Alahou St, Kailua Kona, HI 96740-1870

    $1,360,000
    Estimated value
    2,808 sqft 0.19 AC lot
    View details
    75-5776 Kuakini Hwy, Unit 104A
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5776 Kuakini Hwy, Kailua Kona, HI 96740-1768

    Unit 104A
    $250,000
    Estimated value
    810 sqft
    View details
    75-5776 Kuakini Hwy, Unit 114B
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5776 Kuakini Hwy, Kailua Kona, HI 96740-1760

    Unit 114B
    $180,000
    Estimated value
    439 sqft
    View details
    75-154 Lunapule Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-154 Lunapule Rd, Kailua Kona, HI 96740-2106

    $780,000
    Estimated value
    1,760 sqft 0.26 AC lot
    View details
    75-5782 Kuakini Hwy, Unit 4
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746

    Unit 4
    $40,000
    Estimated value
    150 sqft
    View details
    75-5782 Kuakini Hwy, Unit 3
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746

    Unit 3
    $235,000
    Estimated value
    2,764 sqft
    View details
    75-5782 Kuakini Hwy, Unit 2
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746

    Unit 2
    $1,000,000
    Estimated value
    3,550 sqft
    View details
    75-5782 Kuakini Hwy, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    75-5782 Kuakini Hwy, Kailua Kona, HI 96740-1746

    Unit 1
    $225,000
    Estimated value
    820 sqft
    View details
    72-300 Maheawalu Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    72-300 Maheawalu Dr, Kailua Kona, HI 96740

    $815,000
    Estimated value
    1,479 sqft 81.39 AC lot
    View details
    Kona Islander I 105c
    APARTMENT HOUSE (UNDER 5 UNITS)

    Kona Islander I 105c, Kailua Kona, HI 96740

    $115,000
    Estimated value
    126 sqft
    View details

    Kailua Kona, HI Multifamily Properties Market Trends and Statistics

    Explore 16 multifamily properties for sale in Kailua Kona, HI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 13,374 square feet of properties for sale, with an estimated market value of $5,600,000.

    Sale prices for multifamily properties in Kailua Kona, HI start at $950,000, averaging $1,400,000, and reaching up to $1,675,000 — 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

    Apartment buildings 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) +2.8%
    Median Household Income $94,091
    College Educated 15.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    96740 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $7.60 per SF
    Tax Rate vs County Average 0.03 pp above 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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    Featured Kailua Kona Real Estate Agencies

    Realmo connects you with licensed Kailua Kona CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Island Land Company Inc.
    75-5705 Kuakini Highway, Suite 4 Kailua Kona, HI 96740
    Phone: 18083297170
    www.islandlandcompany.com

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