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Waianae, HI Multifamily Properties for Sale

9 results
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New Construction Duplex Investment Opportunity
$1,340,000

New Construction Duplex Investment Opportunity

87-1474 Akowai Rd, Waianae, HI 96792

Two new single-family homes, ideal for rental income or multi-generational living.

  • Turnkey New Construction Portfolio: Two brand‑new, move‑in‑ready single‑family homes (CPR) sold together.
  • High Income Potential: 10 bedrooms and 6 bathrooms offer exceptional flexibility for dual rental income or house‑hacking.
  • Modern, Low‑Maintenance Design: Open layouts, quality finishes, and durable materials minimize upkeep.
  • Strong Rental Demand: Ideal for cash‑flow‑focused investors seeking immediate income.
  • Rare Opportunity: New construction, dual units, and high bedroom count are extremely rare in this area.
Updated: Jan 19
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Waianae Multifamily Property Near Beach
$599,000

Waianae Multifamily Property Near Beach

87-118 Alapaki St, Waianae, HI 96792

Two detached homes on one lot near Tumblelands beach.

  • Legal non‑conforming multiple dwelling property with two detached homes on one lot.
  • Close proximity to Tumblelands beach.
  • Separate electric meters, walkways, water heater hookups, and fully‑fenced yards for each home.
  • Potential 6% cap rate with pro‑forma rents of $1,800 and $2,200 per month.
  • Front home features 3 bedrooms, 1 bath, newer roof (2019), and fruit trees.
Updated: Dec 27, 2025
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Legal Duplex: Income Opportunity
$599,500
1,800 SF

Legal Duplex: Income Opportunity

Waianae duplex with strong income potential and mountain views.

84-924 Hana St, Waianae, HI 96792
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Waianae Apartment Property Opportunity
$3,700,000

Waianae Apartment Property Opportunity

Apartment property near ocean with development potential in Waianae.

84-1111 Hana St, Waianae, HI 96792
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Waianae Multifamily Property Near Ocean
$3,700,000

Waianae Multifamily Property Near Ocean

Apartment property one block from the ocean with development potential.

84-1111 Hana St, Waianae, HI 96792
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Waianae Duplex with Enclosed Backyard
$210,000
952 SF

Waianae Duplex with Enclosed Backyard

Three-bedroom duplex on a 3,720 sq. ft. lot.

85-215 Ala Akau St, Waianae, HI 96792
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Makaha Beachfront Estate with Ocean Views
$4,200,000

Makaha Beachfront Estate with Ocean Views

Rare beachfront estate perfect for vacation rentals or private residence.

84-485 Farrington Hwy, Waianae, HI 96792
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Three Houses on Two Lots
$875,000

Three Houses on Two Lots

Three separate houses on two lots, perfect for multi-family living.

87-416 Kulaaupuni St, Waianae, HI 96792
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Waianae Multifamily Investment
$2,500,000
7,500 SF

Waianae Multifamily Investment

Five renovated homes, strong ROI.

87-274 St Rd, Waianae, HI 96792
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Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 9 Active listings in Waianae, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 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.

Wahiawa Multifamily Investment Opportunity
$1,980,000

Wahiawa Multifamily Investment Opportunity

Eleven-unit apartment building in a desirable location with recent upgrades.

142 Lakeview Cir, Wahiawa, HI 96786
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Wahiawa Multifamily Investment Opportunity
$1,550,000

Wahiawa Multifamily Investment Opportunity

Multifamily property in Wahiawa with income potential.

174 Wilikina Dr, Wahiawa, HI 96786
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Hauula Land with Income Potential
$1,880,000

Hauula Land with Income Potential

Two adjacent lots near the ocean with duplex included.

200 Kamehameha Hwy, Hauula, HI 96717
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Duplex Near Hauula Beach
$1,880,000

Duplex Near Hauula Beach

Two-unit residence near the ocean, ideal for rental income.

54-11 Waikulama St, Hauula, HI 96717
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Explore Off-Market Properties in Waianae, HI

Consider similar Off-Market properties in Waianae, 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.

87-274 St Rd

87-274 St Rd

Multifamily properties • 7,500 SF
Value Estimation by Request
87-274 St Rd, Waianae, HI 96792
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86-78 Farrington Hwy

86-78 Farrington Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 65,297 SF
Value Estimation
$910,000
86-78 Farrington Hwy, Waianae, HI 96792-3042
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84-740 Kili Dr, Unit 2

84-740 Kili Dr, Unit 2

APARTMENT HOUSE (UNDER 5 UNITS) • 744 SF
Value Estimation
$280,000
84-740 Kili Dr, Waianae, HI 96792-1509
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87-1964 Farrington Hwy

87-1964 Farrington Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 4,286 SF
Value Estimation
$340,000
87-1964 Farrington Hwy, Waianae, HI 96792-3748
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84-1021 Lahilahi St Ste, Unit 109

84-1021 Lahilahi St Ste, Unit 109

APARTMENT HOUSE (UNDER 5 UNITS) • 455 SF
Value Estimation
$230,000
84-1021 Lahilahi St Ste, Waianae, HI 96792-2000
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86-86 Farrington Hwy

86-86 Farrington Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 65,297 SF
Value Estimation
$1,210,000
86-86 Farrington Hwy, Waianae, HI 96792-3042
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87-252 Saint Johns Rd, Unit E

87-252 Saint Johns Rd, Unit E

APARTMENT HOUSE (UNDER 5 UNITS) • 3,732 SF
Value Estimation
$240,000
87-252 Saint Johns Rd, Waianae, HI 96792-3250
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85-259 Plantation Rd

85-259 Plantation Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,096 SF
Value Estimation
$355,000
85-259 Plantation Rd, Waianae, HI 96792-2668
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84-740 Kili Dr, Unit L-2

84-740 Kili Dr, Unit L-2

APARTMENT HOUSE (UNDER 5 UNITS) • 123 SF
Value Estimation
$280,000
84-740 Kili Dr, Waianae, HI 96792-1509
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84-1021 Lahilahi St, Unit 111

84-1021 Lahilahi St, Unit 111

APARTMENT HOUSE (UNDER 5 UNITS) • 585 SF
Value Estimation
$275,000
84-1021 Lahilahi St, Waianae, HI 96792-2045
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84-675 Lahaina St

84-675 Lahaina St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,912 SF
Value Estimation
$330,000
84-675 Lahaina St, Waianae, HI 96792-1878
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87-882 Farrington Hwy

87-882 Farrington Hwy

APARTMENT HOUSE (UNDER 5 UNITS) • 1,860 SF
Value Estimation
$265,000
87-882 Farrington Hwy, Waianae, HI 96792-3384
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85-34 Lihue St

85-34 Lihue St

APARTMENT HOUSE (UNDER 5 UNITS) • 42,168 SF
Value Estimation
$900,000
85-34 Lihue St, Waianae, HI 96792
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84-740 Kili Dr, Unit 1

84-740 Kili Dr, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 589 SF
Value Estimation
$275,000
84-740 Kili Dr, Waianae, HI 96792-1509
View details
84-740 Kili Dr

84-740 Kili Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 672 SF
Value Estimation
$270,000
84-740 Kili Dr, Waianae, HI 96792-1509
View details

Waianae, HI Multifamily Properties Investment Opportunities Market Analysis

Explore 30 multifamily properties for sale in Waianae, HI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 133,583 square feet of properties for sale, with an estimated market value of $1,465,000.

Prices for multifamily properties in Waianae, HI start at $240,000, averaging $293,000, and reaching up to $340,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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