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    Ocean View, HI
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    Ocean View, HI Multifamily Properties for Sale

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    Captain Cook, HI Naalehu, HI Pahala, HI
    Duplex with Separate Entrances and Views
    Updated: Oct 31, 2025
    Duplex with Separate Entrances and Views

    92-8689 LEHUA LN, Ocean View, HI 96737

    $349,000
    1,260 sqft 2.00 AC lot
    Two homes on two separate tax lots with separate entrances
    Approx. two acres in Hawaiian Ocean View Estates
    Peekaboo ocean views from both homes
    Main residence: two‑bedroom, one‑bath with terraced gardens and rock walls
    Storage includes a 20‑foot container plus two insulated 40‑foot containers
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    This listing looks promising.

    Here's a quick look at some key insights for

    92-8689 LEHUA LN, Ocean View, HI 96737

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $19K
      Annual

    • Price @ 7% Cap

      $270K
      Suggested

    • Last Sold

      Feb 2021
      $40K
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ocean View, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    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

    View details
    Corner Multifamily Property with 5 Bedrooms
    Corner Multifamily Property with 5 Bedrooms

    17-7652 KULANI RD, Mountain View, HI 96771

    $469,500
    1,352 sqft 0.18 AC lot

    Corner multifamily home zoned RS-20 with five bedrooms, four bathrooms, public water, and sewer via cesspool.

    View details
    Stabilized Apartment Income Property
    Stabilized Apartment Income Property

    Kailua Kona, HI 96740

    $8,875,000
    19,097 sqft

    Two-building apartment income property with 25 units, including studios and two-bedroom apartments.

    View details
    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

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Clearlake Land/Lot Opportunity
    Clearlake Land/Lot Opportunity

    3519 Covelo Street, Clearlake, CA 95422

    Contact for pricing
    0.13 AC lot

    Three adjoining lots near Pomo school, ideal for manufactured home.

    View details
    Acreage in Olive City
    Acreage in Olive City

    17315 Rancho Tehama Rd, Corning, CA 96021

    Contact for pricing
    1.02 AC lot

    1.02 acre parcel in Corning, California, ideal for homesteading.

    View details
    Residential Homesite Land
    Residential Homesite Land

    16305 Hillcrest Drive, Corning, CA 96021

    Contact for pricing
    1.86 AC lot

    1.86-acre homesite in the Rancho Tehama community with utilities nearby and access to a community park.

    View details
    Wooded Land in Corning, CA
    Wooded Land in Corning, CA

    6989 Horseshoe Drive, Corning, CA 96021

    $35,000
    3.60 AC lot

    3.6 acres of wooded land with utilities available.

    View details

    Ocean View, HI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Ocean View, HI on our real estate platform. These investment opportunities span a total of 1,260 square feet of properties for sale, with an estimated market value of $349,000.

    Sale prices for multifamily properties in Ocean View, HI average $349,000 — 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

    Duplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +1.3%
    Median Household Income $79,639
    College Educated 35.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    96737 $349K

    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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